2-bed · 1,030 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 4th floor · completed 2013

407, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 31 October 2023
Last soldAED 2.1M31 October 2023
Current rentAED 125K /yr9 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, 29 Burj Boulevard Tower 2

What is 407 worth today?

Last sold for AED 2,100,000 in 2023

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31 Oct 2023SoldReady
AED 2,100,000AED 2,038 per sqft
12 Aug 2020SoldReady
AED 1,295,000AED 1,257 per sqft
9 Feb 2020RentedRenewal
AED 125,000/yr6 months · AED 121 per sqft
9 Feb 2019RentedRenewal
AED 125,000/yr12 months · AED 121 per sqft
9 Feb 2018RentedNew contract
AED 130,000/yr12 months · AED 126 per sqft
14 Oct 2016RentedNew contract
AED 135,000/yr12 months · AED 131 per sqft
18 Jul 2014RentedNew contract
AED 150,000/yr12 months · AED 145 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,928,888AED 1,872 per sqft

Source: Dubai Land Department. Updated 31 October 2023.

Key facts

Type
2-bed apartment
Size
1,030 sqft
Floor
4th of 43
Parking
B1-110
Developer
Emaar
Completed
2013
Service charge
AED 20,100 /yr
Last sold
AED 2.1M · October 2023

About 407, 29 Burj Boulevard Tower 2

407 is a two-bedroom apartment of 1,030 sqft on the 4th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 31 October 2023 for AED 2,100,000, or AED 2,038 per sqft, in line with the AED 2,038 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 9 February 2020, is AED 125,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 20,100 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in 29 Burj Boulevard Tower 2
1M2M3M2010201520202025Typical 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, March 2010: AED 1,928,888 (AED 1,872 per sqft)Sold, August 2020: AED 1,295,000 (AED 1,257 per sqft)Sold, October 2023: AED 2,100,000 (AED 2,038 per sqft)

407 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 407, 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, July 2014: AED 150,000 a yearNew contract, October 2016: AED 135,000 a yearNew contract, February 2018: AED 130,000 a yearRenewal, February 2019: AED 125,000 a yearRenewal, February 2020: AED 125,000 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 407 sits

All 94 2-beds →

407 last sold in October 2023 at AED 2,038 per sqft, in line with what two-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,038). 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. 407's AED 125,000 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 4th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
4011-bedAED 1.56M · Jan 2014
4022-bedAED 1.39M · Dec 2020
4041-bedAED 729K · Oct 2013
4051-bedAED 1.73M · Oct 2024
4081-bedAED 1.92M · Jul 2022
4092-bedAED 2.15M · Aug 2021
4101-bedAED 1.7M · Feb 2014
1–7 of 8

407, 29 Burj Boulevard Tower 2 in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,928,888, last on 31 October 2023 for AED 2,100,000 (AED 2,038 per sqft).
  • Rented since July 2014 on 5 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 20,100 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 31 October 2023.

Questions about 407, 29 Burj Boulevard Tower 2

What did unit 407 last sell for?

AED 2,100,000 on 31 October 2023: AED 2,038 per sqft for 1,030 sqft. The unit has 3 registered sales; the first was AED 1,928,888 in March 2010.

What is the rent for unit 407?

AED 125,000 a year on the contract renewed on 9 February 2020. The previous contract, from February 2019, was AED 125,000; the unit has been rented since July 2014.

How big is unit 407?

1,030 sqft (95.7 sqm): a two-bedroom apartment on the 4th floor of a 43-storey tower completed in 2013.

What is unit 407 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 407, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 2.1M, 31 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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