1-bed · 888 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 40th floor · completed 2013

4003, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 5 times, last in October 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 17 October 2023
Last soldAED 1.75M17 October 2023
Current rentAED 95K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, 29 Burj Boulevard Tower 2

What is 4003 worth today?

Last sold for AED 1,750,000 in 2023

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17 Oct 2023SoldReady
AED 1,750,000AED 1,971 per sqft
20 Sep 2022RentedNew contract
AED 95,000/yr12 months · AED 108 per sqft
17 Jan 2022RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
10 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
10 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
10 Feb 2017RentedNew contract
AED 115,000/yr12 months · AED 130 per sqft
10 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 136 per sqft
9 Nov 2014SoldReady
AED 2,290,000AED 2,579 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type
1-bed apartment
Size
888 sqft
Floor
40th of 43
Parking
B2-17
Developer
Emaar
Completed
2013
Service charge
AED 17,300 /yr
Last sold
AED 1.75M · October 2023

About 4003, 29 Burj Boulevard Tower 2

4003 is a one-bedroom apartment of 888 sqft on the 40th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 17 October 2023 for AED 1,750,000, or AED 1,971 per sqft, 5% above the AED 1,874 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 20 September 2022, is AED 95,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 4003 over time

Sales
Unit 4003, each saleTypical one-bed in 29 Burj Boulevard Tower 2
1M2M2009201420192024Typical 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 1,986,888 (AED 2,237 per sqft)Sold, October 2013: AED 1,986,888 (AED 2,237 per sqft)Sold, February 2014: AED 2,100,000 (AED 2,365 per sqft)Sold, November 2014: AED 2,290,000 (AED 2,579 per sqft)Sold, October 2023: AED 1,750,000 (AED 1,971 per sqft)

4003 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 4003, each contractTypical one-bed in 29 Burj Boulevard Tower 2
75K100K125K2013201720212025Typical 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, February 2015: AED 120,000 a yearNew contract, February 2017: AED 115,000 a yearNew contract, February 2020: AED 85,000 a yearRenewal, February 2021: AED 80,000 a yearNew contract, January 2022: AED 85,000 a yearNew contract, September 2022: 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 4003 sits

All 250 1-beds →

4003 last sold in October 2023 at AED 1,971 per sqft, 5% above what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,874). 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. 4003'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 40th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
40011-bedAED 1.85M · Dec 2023
40021-bedAED 1.41M · Feb 2014
40042-bedAED 4.16M · Dec 2013
40052-bedAED 3.05M · Sep 2026
40061-bedAED 2.59M · Nov 2015

4003, 29 Burj Boulevard Tower 2 in numbers

  • Sold 5 times: first on 2 March 2010 for AED 1,986,888, last on 17 October 2023 for AED 1,750,000 (AED 1,971 per sqft).
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 95,000 by September 2022.
  • At AED 95,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 17,300 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 17 October 2023.

Questions about 4003, 29 Burj Boulevard Tower 2

What did unit 4003 last sell for?

AED 1,750,000 on 17 October 2023: AED 1,971 per sqft for 888 sqft. The unit has 5 registered sales; the first was AED 1,986,888 in March 2010.

What is the rent for unit 4003?

AED 95,000 a year on the contract signed on 20 September 2022. The previous contract, from January 2022, was AED 85,000; the unit has been rented since February 2015.

How big is unit 4003?

888 sqft (82.5 sqm): a one-bedroom apartment on the 40th floor of a 43-storey tower completed in 2013.

What is unit 4003 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 4003, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.75M, 17 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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