1-bed · 859 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 5th floor · completed 2013

504, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.32M8 December 2013
Current rentAED 80K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, 29 Burj Boulevard Tower 2

What is 504 worth today?

Last sold for AED 1,320,944 in 2013

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1 Dec 2023RentedRenewal
AED 79,695/yr12 months · AED 93 per sqft
1 Dec 2022RentedRenewal
AED 72,450/yr12 months · AED 84 per sqft
1 Dec 2022RentedNew contract
AED 72,450/yr12 months · AED 84 per sqft
1 Dec 2021RentedRenewal
AED 63,000/yr12 months · AED 73 per sqft
1 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
25 Jan 2019RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
25 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
1 Jun 2017RentedNew contract
AED 95,000/yr12 months · AED 111 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
859 sqft
Floor
5th of 43
Parking
B3-112
Developer
Emaar
Completed
2013
Service charge
AED 16,800 /yr
Last sold
AED 1.32M · December 2013

About 504, 29 Burj Boulevard Tower 2

504 is a one-bedroom apartment of 859 sqft on the 5th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 8 December 2013 for AED 1,320,944, or AED 1,537 per sqft, 23% below the AED 1,993 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 79,695 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 16,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 2,641,888 (AED 3,075 per sqft)Sold, December 2013: AED 1,320,944 (AED 1,537 per sqft)

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

Rents
Unit 504, 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 2014: AED 90,000 a yearRenewal, September 2015: AED 94,500 a yearRenewal, September 2016: AED 94,500 a yearNew contract, June 2017: AED 95,000 a yearNew contract, January 2018: AED 90,000 a yearNew contract, January 2019: AED 85,000 a yearNew contract, December 2020: AED 60,000 a yearRenewal, December 2021: AED 63,000 a yearRenewal, December 2022: AED 72,450 a yearNew contract, December 2022: AED 72,450 a yearRenewal, December 2023: AED 79,695 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 504 sits

All 250 1-beds →

504 last sold in December 2013 at AED 1,537 per sqft, 23% below what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,993). 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. 504's AED 79,695 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
5011-bedAED 1.16M · May 2015
5022-bedAED 2.38M · Sep 2026
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

504, 29 Burj Boulevard Tower 2 in numbers

  • Sold twice: first on 2 March 2010 for AED 2,641,888, last on 8 December 2013 for AED 1,320,944 (AED 1,537 per sqft).
  • Rented since September 2014 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 60,000 in 2020 and recovered to AED 79,695 by December 2023.
  • At AED 79,695 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 16,800 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 1 December 2023.

Questions about 504, 29 Burj Boulevard Tower 2

What did unit 504 last sell for?

AED 1,320,944 on 8 December 2013: AED 1,537 per sqft for 859 sqft. The unit has 2 registered sales; the first was AED 2,641,888 in March 2010.

What is the rent for unit 504?

AED 79,695 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 72,450; the unit has been rented since September 2014.

How big is unit 504?

859 sqft (79.8 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2013.

What is unit 504 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 504, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.32M, 8 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,944
Deposit, UAE resident (20%)
AED 264,189
Deposit, non-resident (40%)
AED 528,378
Monthly over 25 years at 3.7%
AED 5,404

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