1603, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, 29 Burj Boulevard Tower 1
What is 1603 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 469 sqft
- Floor
- 16th of 42
- Parking
- B3-217
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 9,100 /yr
- Last sold
- AED 975K · April 2025
- Building
- 29 Burj Boulevard Tower 1
About 1603, 29 Burj Boulevard Tower 1
1603 is a studio of 469 sqft on the 16th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 10 April 2025 for AED 974,869, or AED 2,077 per sqft, 23% below the AED 2,686 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 24 November 2024, is AED 63,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 9,100 a year.
Sales and rents for 1603 over time
1603 has sold 3 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 1603 sits
All 27 studios →1603 last sold in April 2025 at AED 2,077 per sqft, 23% below what studios in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,686). 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. 1603's AED 63,000 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 | ||
| 17 Dec 202417 December 2024 | 469 sqft | 22,327 | 47 |
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 16th floor
All 319 units in 29 Burj Boulevard Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 836 sqft | AED 1.43MAED 1,430,888 · Jun 2010June 2010 | ||
| 1602 | 1-bed | 794 sqft | AED 734KAED 733,944 · Oct 2013October 2013 | 110,000 /yr | |
| 1604 | 1-bed | 799 sqft | AED 1.09MAED 1,090,000 · Oct 2014October 2014 | 100,000 /yr | |
| 1605 | 1-bed | 838 sqft | AED 1.51MAED 1,510,000 · Aug 2023August 2023 | 110,000 /yr | |
| 1606 | 2-bed | 1,401 sqft | AED 3.42MAED 3,417,000 · Dec 2013December 2013 | 195,000 /yr | |
| 1607 | 2-bed | 1,231 sqft | AED 3.8MAED 3,800,000 · Mar 2014March 2014 | 180,000 /yr | |
| 1608 | 2-bed | 1,174 sqft | AED 2.35MAED 2,350,000 · Jul 2016July 2016 | 175,000 /yr | |
| 1609 | 2-bed | 1,155 sqft | AED 3.46MAED 3,464,888 · Mar 2015March 2015 | 190,000 /yr |
1603, 29 Burj Boulevard Tower 1 in numbers
- Sold 3 times: first on 11 July 2010 for AED 785,444, last on 10 April 2025 for AED 974,869 (AED 2,077 per sqft).
- Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 77,500 to AED 57,000 in 2021 and recovered to AED 63,000 by November 2024.
- At AED 63,000 a year the gross yield on the 2025 price is 6.5%, 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 10 April 2025.
Questions about 1603, 29 Burj Boulevard Tower 1
What did unit 1603 last sell for?
AED 974,869 on 10 April 2025: AED 2,077 per sqft for 469 sqft. The unit has 3 registered sales; the first was AED 785,444 in July 2010.
What is the rent for unit 1603?
AED 63,000 a year on the contract signed on 24 November 2024. The previous contract, from November 2022, was AED 60,000; the unit has been rented since June 2014.
How big is unit 1603?
469 sqft (43.6 sqm): a studio on the 16th floor of a 42-storey tower completed in 2013.
What is unit 1603 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 1603, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 975K, 10 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 974,869
- Deposit, UAE resident (20%)
- AED 194,974
- Deposit, non-resident (40%)
- AED 389,948
- Monthly over 25 years at 3.7%
- AED 3,988
Plus AED 45,955 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →