2-bed · 1,186 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 30th floor · completed 2013

3007, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 7 times, last in January 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3007 · DLD and Ejari recordsUpdated 22 July 2020
Last soldAED 1.6M16 January 2020
Current rentAED 102K /yr22 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3007, 29 Burj Boulevard Tower 2

What is 3007 worth today?

Last sold for AED 1,600,000 in 2020

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22 Jul 2020RentedNew contract
AED 102,000/yr12 months · AED 86 per sqft
16 Jan 2020SoldReady
AED 1,600,000AED 1,348 per sqft
10 Jan 2017RentedRenewal
AED 174,250/yr12 months · AED 147 per sqft
10 Jan 2016RentedRenewal
AED 170,000/yr12 months · AED 144 per sqft
10 Jan 2015RentedRenewal
AED 170,000/yr12 months · AED 144 per sqft
10 Jan 2014RentedNew contract
AED 170,000/yr12 months · AED 144 per sqft
14 Nov 2013SoldReady
AED 3,700,000AED 3,118 per sqft
24 Oct 2013SoldReady
AED 3,000,000AED 2,528 per sqft

Source: Dubai Land Department. Updated 22 July 2020.

Key facts

Type
2-bed apartment
Size
1,186 sqft
Floor
30th of 43
Parking
B1-07
Developer
Emaar
Completed
2013
Service charge
AED 23,100 /yr
Last sold
AED 1.6M · January 2020

About 3007, 29 Burj Boulevard Tower 2

3007 is a two-bedroom apartment of 1,186 sqft on the 30th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 16 January 2020 for AED 1,600,000, or AED 1,348 per sqft, 20% below the AED 1,694 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 22 July 2020, is AED 102,000 a year: a gross yield of 6.4% on the 2020 price, before the service charge of about AED 23,100 a year.

Sales and rents for 3007 over time

Sales
Unit 3007, each saleTypical two-bed in 29 Burj Boulevard Tower 2
2M4M2010201520202025Typical sale price by year: 2010 AED 2,320,888; 2012 AED 2,375,000; 2013 AED 2,750,000; 2014 AED 3,000,000; 2015 AED 2,153,840; 2016 AED 1,237,500; 2017 AED 3,087,500; 2019 AED 2,200,000; 2020 AED 1,700,000; 2021 AED 2,150,000; 2022 AED 2,135,000; 2023 AED 3,012,500; 2024 AED 2,990,000; 2025 AED 3,250,000; 2026 AED 3,025,000Sold, September 2012: AED 2,600,000 (AED 2,191 per sqft)Sold by developer, September 2012: AED 1,996,920 (AED 1,683 per sqft)Sold, December 2012: AED 2,750,000 (AED 2,317 per sqft)Sold, July 2013: AED 3,000,000 (AED 2,528 per sqft)Sold, October 2013: AED 3,000,000 (AED 2,528 per sqft)Sold, November 2013: AED 3,700,000 (AED 3,118 per sqft)Sold, January 2020: AED 1,600,000 (AED 1,348 per sqft)

3007 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3007, each contractTypical two-bed in 29 Burj Boulevard Tower 2
100K150K2013201720212025Typical rent by year: 2013 AED 160,000; 2014 AED 180,000; 2015 AED 168,000; 2016 AED 168,000; 2017 AED 161,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 107,206; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 167,500; 2025 AED 180,000; 2026 AED 160,000New contract, January 2014: AED 170,000 a yearRenewal, January 2015: AED 170,000 a yearRenewal, January 2016: AED 170,000 a yearRenewal, January 2017: AED 174,250 a yearNew contract, July 2020: AED 102,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 29 Burj Boulevard Tower 2, and where 3007 sits

All 94 2-beds →

3007 last sold in January 2020 at AED 1,348 per sqft, 20% below what two-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,694). Over the last 12 months two-beds sold for AED 2,200,000 to 4,000,000, around AED 2,345 per sqft, and rent for AED 65,000 to 298,000 a year. 3007's AED 102,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20262,750,000
15 Sep 20263,025,000
15 Sep 20263,050,000
14 Sep 20262,380,000
9 2-bed sales in the last 12 months

29 Burj Boulevard Tower 2

Building

373 apartments, studios to 3-bed over 43 floors in Downtown Dubai, completed in 2013 by Emaar. 29 sold in the last 12 months.

Typical price per sqft
AED 2,323 Down 2.3%
Typical sale
AED 2.25M
Typical rent
AED 115K /yr
Typical yield
5.4%
29 Burj Boulevard Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 30th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
30011-bedAED 1.34M · Jul 2022
30021-bedAED 1.5M · Sep 2022
3003StudioAED 586K · Oct 2013
30041-bedAED 1.9M · Jun 2014
30051-bedAED 1.95M · Mar 2014
30062-bedAED 3.1M · Jul 2026
30082-bedAED 3.3M · Sep 2025
1–7 of 8

3007, 29 Burj Boulevard Tower 2 in numbers

  • Sold 7 times: first on 5 September 2012 for AED 1,996,920, last on 16 January 2020 for AED 1,600,000 (AED 1,348 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 170,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2020 price is 6.4%, before a service charge of about AED 23,100 a year (AED 19.50 per sqft).
  • Two-beds in 29 Burj Boulevard Tower 2 sold for AED 2,200,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,323 per sqft.

Source: Dubai Land Department. Updated 22 July 2020.

Questions about 3007, 29 Burj Boulevard Tower 2

What did unit 3007 last sell for?

AED 1,600,000 on 16 January 2020: AED 1,348 per sqft for 1,186 sqft. The unit has 7 registered sales; the first was AED 1,996,920 in September 2012.

What is the rent for unit 3007?

AED 102,000 a year on the contract signed on 22 July 2020. The previous contract, from January 2017, was AED 174,250; the unit has been rented since January 2014.

How big is unit 3007?

1,186 sqft (110.2 sqm): a two-bedroom apartment on the 30th floor of a 43-storey tower completed in 2013.

What is unit 3007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 29 Burj Boulevard Tower 2 sold for AED 2,200,000 to 4,000,000 in the last 12 months, around AED 2,345 per sqft.

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Mortgage on 3007, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.6M, 16 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →