2-bed · 1,284 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 35th floor · completed 2013

3504, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold once, by the developer in October 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3504 · DLD and Ejari recordsUpdated 1 May 2021
Last soldAED 4.06M3 October 2013
Current rentAED 120K /yr1 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3504, 29 Burj Boulevard Tower 2

What is 3504 worth today?

Last sold for AED 4,064,888 in 2013

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1 May 2021RentedNew contract
AED 120,000/yr12 months · AED 94 per sqft
6 Mar 2016RentedNew contract
AED 180,000/yr12 months · AED 141 per sqft
10 Nov 2014RentedNew contract
AED 185,000/yr12 months · AED 144 per sqft
3 Oct 2013Sold by developerReady
AED 4,064,888AED 3,164 per sqft

Source: Dubai Land Department. Updated 1 May 2021.

Key facts

Type
2-bed apartment
Size
1,284 sqft
Floor
35th of 43
Parking
B1-118
Developer
Emaar
Completed
2013
Service charge
AED 25,000 /yr
Last sold
AED 4.06M · October 2013

About 3504, 29 Burj Boulevard Tower 2

3504 is a two-bedroom apartment of 1,284 sqft on the 35th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. The developer sold it on 3 October 2013 for AED 4,064,888, or AED 3,164 per sqft, 57% above the AED 2,018 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 May 2021, is AED 120,000 a year: a gross yield of 2.9% on the 2013 price, before the service charge of about AED 25,000 a year.

Sales and rents for 3504 over time

Sales
Unit 3504, 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 by developer, October 2013: AED 4,064,888 (AED 3,164 per sqft)

3504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3504, 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, November 2014: AED 185,000 a yearNew contract, March 2016: AED 180,000 a yearNew contract, May 2021: AED 120,000 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 3504 sits

All 94 2-beds →

3504 last sold in October 2013 at AED 3,164 per sqft, 57% above what two-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,018). 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. 3504's AED 120,000 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 35th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
35011-bedAED 2.4M · May 2014
35021-bedAED 1.35M · Oct 2013
35031-bedAED 2.04M · Aug 2014
35052-bedAED 2.98M · Dec 2013
35061-bedAED 1.92M · Oct 2013

3504, 29 Burj Boulevard Tower 2 in numbers

  • Sold once: by Emaar on 3 October 2013 for AED 4,064,888, or AED 3,164 per sqft.
  • Rented since November 2014 on 3 Ejari contracts, from AED 185,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2013 price is 2.9%, before a service charge of about AED 25,000 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 1 May 2021.

Questions about 3504, 29 Burj Boulevard Tower 2

What did unit 3504 last sell for?

AED 4,064,888 on 3 October 2013, sold by the developer: AED 3,164 per sqft for 1,284 sqft. It is the only registered sale of the unit.

What is the rent for unit 3504?

AED 120,000 a year on the contract signed on 1 May 2021. The previous contract, from March 2016, was AED 180,000; the unit has been rented since November 2014.

How big is unit 3504?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 35th floor of a 43-storey tower completed in 2013.

What is unit 3504 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 3504, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 4.06M, 3 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 4,064,888
Deposit, UAE resident (20%)
AED 812,978
Deposit, non-resident (40%)
AED 1,625,955
Monthly over 25 years at 3.7%
AED 16,631

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