1503, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 5 times, last in February 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, 29 Burj Boulevard Tower 1
What is 1503 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 469 sqft
- Floor
- 15th of 42
- Parking
- B3-216
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 9,100 /yr
- Last sold
- AED 1.05M · February 2016
- Building
- 29 Burj Boulevard Tower 1
About 1503, 29 Burj Boulevard Tower 1
1503 is a studio of 469 sqft on the 15th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 24 February 2016 for AED 1,050,000, or AED 2,237 per sqft, 5% below the AED 2,344 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 75,000 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 9,100 a year.
Sales and rents for 1503 over time
1503 has sold 5 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in 29 Burj Boulevard Tower 1, and where 1503 sits
All 27 studios →1503 last sold in February 2016 at AED 2,237 per sqft, 5% below what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,344). Over the last 12 months studios sold for AED 165,995, around AED 353 per sqft, and rent for AED 87,000 to 90,000 a year. 1503's AED 75,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 469 sqft | 165,995 | 353 | ||
| 21 Jul 202521 July 2025 | 469 sqft | 1,115,000 | 2,376 | ||
| 25 Jun 202525 June 2025 | 469 sqft | 8,411 | 17 | ||
| 10 Apr 202510 April 2025 | 469 sqft | 974,869 | 2,077 |
29 Burj Boulevard Tower 1
Building319 apartments, studios to 3-bed over 42 floors in Downtown Dubai, completed in 2013 by Emaar. 12 sold in the last 12 months.
- Typical price per sqft
- AED 2,434 Up 0.3%
- Typical sale
- AED 2.25M
- Typical rent
- AED 160K /yr
- Typical yield
- 6.0%
Other units on the 15th floor
All 319 units in 29 Burj Boulevard Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 836 sqft | AED 1.25MAED 1,250,000 · Nov 2021November 2021 | 119,644 /yr | |
| 1502 | 1-bed | 794 sqft | AED 1.73MAED 1,730,000 · Sep 2015September 2015 | 118,000 /yr | |
| 1504 | 1-bed | 799 sqft | AED 1.75MAED 1,750,000 · Jan 2014January 2014 | 100,000 /yr | |
| 1505 | 1-bed | 838 sqft | AED 1.48MAED 1,477,888 · Oct 2013October 2013 | 110,000 /yr | |
| 1506 | 2-bed | 1,401 sqft | AED 1.07MAED 1,071,944 · Mar 2014March 2014 | 170,000 /yr | |
| 1507 | 2-bed | 1,231 sqft | AED 3.1MAED 3,100,000 · Dec 2013December 2013 | 165,000 /yr | |
| 1508 | 2-bed | 1,174 sqft | AED 3MAED 3,000,000 · Oct 2013October 2013 | 180,000 /yr | |
| 1509 | 2-bed | 1,155 sqft | AED 2.19MAED 2,185,888 · Dec 2014December 2014 | 183,750 /yr |
1503, 29 Burj Boulevard Tower 1 in numbers
- Sold 5 times: first on 29 June 2010 for AED 1,569,888, last on 24 February 2016 for AED 1,050,000 (AED 2,237 per sqft).
- Rented since May 2016 on 4 Ejari contracts. The rent fell from AED 81,000 to AED 60,700 in 2019 and recovered to AED 75,000 by November 2024.
- At AED 75,000 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 9,100 a year (AED 19.50 per sqft).
- Studios in 29 Burj Boulevard Tower 1 sold for AED 165,995–165,995 in the 12 months to November 2026; the building's median across all types is AED 2,434 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2024.
Questions about 1503, 29 Burj Boulevard Tower 1
What did unit 1503 last sell for?
AED 1,050,000 on 24 February 2016: AED 2,237 per sqft for 469 sqft. The unit has 5 registered sales; the first was AED 1,569,888 in June 2010.
What is the rent for unit 1503?
AED 75,000 a year on the contract signed on 1 November 2024. The previous contract, from August 2019, was AED 60,700; the unit has been rented since May 2016.
How big is unit 1503?
469 sqft (43.6 sqm): a studio on the 15th floor of a 42-storey tower completed in 2013.
What is unit 1503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in 29 Burj Boulevard Tower 1 sold for AED 165,995 to 165,995 in the last 12 months, around AED 353 per sqft.
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Mortgage on 1503, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 1.05M, 24 February 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →