1-bed · 844 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 5th floor · completed 2013

501, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 1.16M19 May 2015
Current rentAED 100K /yr14 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, 29 Burj Boulevard Tower 2

What is 501 worth today?

Last sold for AED 1,159,888 in 2015

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14 Feb 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
14 Feb 2025RentedNew contract
AED 100,000/yr12 months · AED 119 per sqft
14 Feb 2024RentedRenewal
AED 77,440/yr12 months · AED 92 per sqft
14 Feb 2023RentedRenewal
AED 70,400/yr12 months · AED 84 per sqft
14 Feb 2022RentedRenewal
AED 64,000/yr12 months · AED 76 per sqft
3 Feb 2021RentedNew contract
AED 64,000/yr12 months · AED 76 per sqft
15 Aug 2019RentedRenewal
AED 82,000/yr12 months · AED 98 per sqft
15 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 14 February 2025.

Key facts

Type
1-bed apartment
Size
844 sqft
Floor
5th of 43
Parking
B3-83
Developer
Emaar
Completed
2013
Service charge
AED 16,500 /yr
Last sold
AED 1.16M · May 2015

About 501, 29 Burj Boulevard Tower 2

501 is a one-bedroom apartment of 844 sqft on the 5th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. The developer sold it on 19 May 2015 for AED 1,159,888, or AED 1,373 per sqft, 41% below the AED 2,342 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 14 February 2025, is AED 100,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 16,500 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in 29 Burj Boulevard Tower 2
1M1.5M2M2009201420192024Typical 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, May 2015: AED 1,159,888 (AED 1,373 per sqft)

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

Rents
Unit 501, each contractTypical one-bed in 29 Burj Boulevard Tower 2
75K100K2013201720212025Typical 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 87,000 a yearNew contract, September 2014: AED 95,000 a yearNew contract, December 2015: AED 105,000 a yearNew contract, August 2018: AED 85,000 a yearRenewal, August 2019: AED 82,000 a yearNew contract, February 2021: AED 64,000 a yearRenewal, February 2022: AED 64,000 a yearRenewal, February 2023: AED 70,400 a yearRenewal, February 2024: AED 77,440 a yearNew contract, February 2025: AED 100,000 a yearNew contract, February 2025: AED 100,000 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 501 sits

All 250 1-beds →

501 last sold in May 2015 at AED 1,373 per sqft, 41% below what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,342). 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. 501's AED 100,000 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 5th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
5022-bedAED 2.38M · Sep 2026
5041-bedAED 1.32M · Dec 2013
5051-bedAED 1.78M · Jan 2016
5061-bedAED 1.95M · May 2026
5072-bedAED 1.75M · Feb 2022
5081-bedAED 3M · Mar 2014
5092-bedAED 2.23M · Jan 2015
1–7 of 9

501, 29 Burj Boulevard Tower 2 in numbers

  • Sold once: by Emaar on 19 May 2015 for AED 1,159,888, or AED 1,373 per sqft.
  • Rented since September 2013 on 11 Ejari contracts. The rent fell from AED 87,000 to AED 64,000 in 2022 and recovered to AED 100,000 by February 2025.
  • At AED 100,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 16,500 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 14 February 2025.

Questions about 501, 29 Burj Boulevard Tower 2

What did unit 501 last sell for?

AED 1,159,888 on 19 May 2015, sold by the developer: AED 1,373 per sqft for 844 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 100,000 a year on the contract signed on 14 February 2025. The previous contract, from February 2025, was AED 100,000; the unit has been rented since September 2013.

How big is unit 501?

844 sqft (78.4 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2013.

What is unit 501 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 501, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.16M, 19 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,159,888
Deposit, UAE resident (20%)
AED 231,978
Deposit, non-resident (40%)
AED 463,955
Monthly over 25 years at 3.7%
AED 4,745

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