1-bed · 1,666 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 3rd floor · completed 2013

311, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 5 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 2.42M12 December 2023
Current rentAED 95K /yr7 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, 29 Burj Boulevard Tower 2

What is 311 worth today?

Last sold for AED 2,420,000 in 2023

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12 Dec 2023SoldReady
AED 2,420,000AED 1,452 per sqft
7 Dec 2020RentedRenewal
AED 95,000/yr12 months · AED 57 per sqft
7 Dec 2019RentedNew contract
AED 96,000/yr12 months · AED 58 per sqft
21 Apr 2019SoldReady
AED 1,425,000AED 855 per sqft
7 Dec 2018RentedRenewal
AED 105,000/yr12 months · AED 63 per sqft
7 Dec 2017RentedNew contract
AED 123,000/yr12 months · AED 74 per sqft
17 Nov 2016RentedNew contract
AED 132,500/yr12 months · AED 79 per sqft
24 Oct 2016SoldReady
AED 2,200,000AED 1,320 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
1-bed apartment
Size
1,666 sqft
Floor
3rd of 43
Parking
B1-174
Developer
Emaar
Completed
2013
Service charge
AED 32,500 /yr
Last sold
AED 2.42M · December 2023

About 311, 29 Burj Boulevard Tower 2

311 is a one-bedroom apartment of 1,666 sqft on the 3rd floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 12 December 2023 for AED 2,420,000, or AED 1,452 per sqft, 23% below the AED 1,882 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 7 December 2020, is AED 95,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 32,500 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in 29 Burj Boulevard Tower 2
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,739,888; 2010 AED 1,975,888; 2012 AED 1,447,444; 2013 AED 1,760,000; 2014 AED 2,017,888; 2015 AED 1,950,000; 2016 AED 1,775,000; 2017 AED 1,737,500; 2018 AED 1,462,500; 2019 AED 1,387,500; 2020 AED 1,180,000; 2021 AED 1,325,000; 2022 AED 1,600,000; 2023 AED 1,675,000; 2024 AED 1,858,000; 2025 AED 2,071,970; 2026 AED 2,000,000Sold by developer, March 2010: AED 3,264,888 (AED 1,959 per sqft)Sold, October 2014: AED 3,264,888 (AED 1,959 per sqft)Sold, October 2016: AED 2,200,000 (AED 1,320 per sqft)Sold, April 2019: AED 1,425,000 (AED 855 per sqft)Sold, December 2023: AED 2,420,000 (AED 1,452 per sqft)

311 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 311, each contractTypical one-bed in 29 Burj Boulevard Tower 2
100K150K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 112,000; 2017 AED 107,750; 2018 AED 99,483; 2019 AED 85,000; 2020 AED 73,250; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 110,000New contract, September 2013: AED 150,000 a yearNew contract, October 2014: AED 130,000 a yearRenewal, October 2015: AED 130,000 a yearNew contract, November 2016: AED 132,500 a yearNew contract, December 2017: AED 123,000 a yearRenewal, December 2018: AED 105,000 a yearNew contract, December 2019: AED 96,000 a yearRenewal, December 2020: AED 95,000 a year

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

1-beds in 29 Burj Boulevard Tower 2, and where 311 sits

All 250 1-beds →

311 last sold in December 2023 at AED 1,452 per sqft, 23% below what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,882). Over the last 12 months one-beds sold for AED 1,750,000 to 2,750,000, around AED 2,282 per sqft, and rent for AED 77,000 to 270,000 a year. 311's AED 95,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
15 Sep 20261,750,000
29 Jul 202646,154
28 Jul 202653,841
17 1-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 3rd floor

All 373 units in 29 Burj Boulevard Tower 2
Value
3011-bedAED 2.69M · Mar 2010
3022-bedAED 2.4M · Feb 2023
3092-bedAED 3.36M · Jun 2016
3101-bedAED 2.35M · Dec 2025

311, 29 Burj Boulevard Tower 2 in numbers

  • Sold 5 times: first on 2 March 2010 for AED 3,264,888, last on 12 December 2023 for AED 2,420,000 (AED 1,452 per sqft).
  • Rented since September 2013 on 8 Ejari contracts, from AED 150,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 32,500 a year (AED 19.50 per sqft).
  • One-beds in 29 Burj Boulevard Tower 2 sold for AED 1,750,000–2,750,000 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 12 December 2023.

Questions about 311, 29 Burj Boulevard Tower 2

What did unit 311 last sell for?

AED 2,420,000 on 12 December 2023: AED 1,452 per sqft for 1,666 sqft. The unit has 5 registered sales; the first was AED 3,264,888 in March 2010.

What is the rent for unit 311?

AED 95,000 a year on the contract renewed on 7 December 2020. The previous contract, from December 2019, was AED 96,000; the unit has been rented since September 2013.

How big is unit 311?

1,666 sqft (154.8 sqm): a one-bedroom apartment on the 3rd floor of a 43-storey tower completed in 2013.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 29 Burj Boulevard Tower 2 sold for AED 1,750,000 to 2,750,000 in the last 12 months, around AED 2,282 per sqft.

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Mortgage on 311, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 2.42M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,420,000
Deposit, UAE resident (20%)
AED 484,000
Deposit, non-resident (40%)
AED 968,000
Monthly over 25 years at 3.7%
AED 9,901

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