1-bed · 799 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 23rd floor · completed 2013

2304, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 4 times, last in May 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 1.13M2 May 2019
Current rentAED 105K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, 29 Burj Boulevard Tower 1

What is 2304 worth today?

Last sold for AED 1,125,000 in 2019

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1 Mar 2023RentedRenewal
AED 105,000/yr12 months · AED 132 per sqft
1 Mar 2022RentedRenewal
AED 90,000/yr12 months · AED 113 per sqft
1 Mar 2020RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
2 May 2019SoldReady
AED 1,125,000AED 1,407 per sqft
9 Jan 2019RentedNew contract
AED 95,000/yr12 months · AED 119 per sqft
26 Mar 2016RentedRenewal
AED 110,000/yr12 months · AED 138 per sqft
26 Mar 2015RentedNew contract
AED 125,000/yr12 months · AED 157 per sqft
8 Mar 2015SoldReady
AED 1,700,000AED 2,127 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2023.

Key facts

Type
1-bed apartment
Size
799 sqft
Floor
23rd of 42
Parking
B2-51
Developer
Emaar
Completed
2013
Service charge
AED 15,600 /yr
Last sold
AED 1.13M · May 2019

About 2304, 29 Burj Boulevard Tower 1

2304 is a one-bedroom apartment of 799 sqft on the 23rd floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 2 May 2019 for AED 1,125,000, or AED 1,407 per sqft, 4% below the AED 1,460 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 105,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 15,600 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, each saleTypical one-bed in 29 Burj Boulevard Tower 1
1M2M20102014201820222026Typical sale price by year: 2010 AED 1,526,888; 2011 AED 785,944; 2012 AED 1,220,000; 2013 AED 1,513,888; 2014 AED 1,642,507; 2015 AED 1,730,000; 2016 AED 1,350,000; 2017 AED 1,700,000; 2018 AED 1,318,550; 2019 AED 1,125,000; 2020 AED 1,000,000; 2021 AED 1,225,000; 2022 AED 1,500,000; 2023 AED 1,627,500; 2024 AED 1,780,000; 2025 AED 2,021,000Sold by developer, June 2010: AED 1,564,888 (AED 1,958 per sqft)Sold, February 2015: AED 1,564,888 (AED 1,958 per sqft)Sold, March 2015: AED 1,700,000 (AED 2,127 per sqft)Sold, May 2019: AED 1,125,000 (AED 1,407 per sqft)

2304 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, each contractTypical one-bed in 29 Burj Boulevard Tower 1
75K100K125K2013201720212025Typical rent by year: 2013 AED 91,800; 2014 AED 110,000; 2015 AED 115,000; 2016 AED 110,000; 2017 AED 103,500; 2018 AED 90,500; 2019 AED 85,000; 2020 AED 72,000; 2021 AED 74,150; 2022 AED 84,500; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 125,577New contract, February 2014: AED 105,000 a yearNew contract, March 2015: AED 125,000 a yearRenewal, March 2016: AED 110,000 a yearNew contract, January 2019: AED 95,000 a yearNew contract, March 2020: AED 85,000 a yearRenewal, March 2022: AED 90,000 a yearRenewal, March 2023: AED 105,000 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 1, and where 2304 sits

All 151 1-beds →

2304 last sold in May 2019 at AED 1,407 per sqft, 4% below what one-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,460). Over the last 12 months one-beds sold for AED 1,750,000 to 2,000,000, around AED 2,297 per sqft, and rent for AED 96,760 to 183,750 a year. 2304's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20262,000,000
12 Jan 2026114,809
10 Dec 20251,850,000
22 Jul 20252,048,273
5 1-bed sales in the last 12 months

29 Burj Boulevard Tower 1

Building

319 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%
29 Burj Boulevard Tower 1, Downtown Dubai: prices, sales and rents →

Other units on the 23rd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
23011-bedAED 802K · Mar 2016
23021-bedAED 1.35M · May 2017
2303StudioAED 900K · Apr 2019
23051-bedAED 1.98M · Apr 2014
23062-bedAED 1.6M · Nov 2020
23072-bedAED 2.56M · Nov 2013
23082-bedAED 2.78M · Sep 2014
1–7 of 8

2304, 29 Burj Boulevard Tower 1 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 1,564,888, last on 2 May 2019 for AED 1,125,000 (AED 1,407 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 85,000 in 2020 and recovered to AED 105,000 by March 2023.
  • At AED 105,000 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 15,600 a year (AED 19.50 per sqft).
  • One-beds in 29 Burj Boulevard Tower 1 sold for AED 1,750,000–2,000,000 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 March 2023.

Questions about 2304, 29 Burj Boulevard Tower 1

What did unit 2304 last sell for?

AED 1,125,000 on 2 May 2019: AED 1,407 per sqft for 799 sqft. The unit has 4 registered sales; the first was AED 1,564,888 in June 2010.

What is the rent for unit 2304?

AED 105,000 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 90,000; the unit has been rented since February 2014.

How big is unit 2304?

799 sqft (74.2 sqm): a one-bedroom apartment on the 23rd floor of a 42-storey tower completed in 2013.

What is unit 2304 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 1 sold for AED 1,750,000 to 2,000,000 in the last 12 months, around AED 2,297 per sqft.

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Mortgage on 2304, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 1.13M, 2 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

Plus AED 52,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →