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2-bed · 2,181 sqft29 Burj Boulevard Tower 1, Downtown Dubai · 3rd floor · completed 2013

301, 29 Burj Boulevard Tower 1

Sold prices and rental history: sold 4 times, last in November 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 3.29M7 November 2024
Current rentAED 148K /yr28 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, 29 Burj Boulevard Tower 1

What is 301 worth today?

Last sold for AED 3,293,136 in 2024

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7 Nov 2024SoldReady
AED 3,293,136AED 1,509 per sqft
7 Apr 2016SoldReady
AED 2,210,000AED 1,013 per sqft
28 Sep 2015RentedNew contract
AED 148,000/yr12 months · AED 68 per sqft
1 Jul 2014RentedNew contract
AED 155,000/yr12 months · AED 71 per sqft
11 Feb 2014SoldReady
AED 2,104,888AED 965 per sqft
29 Jun 2010Sold by developerOff-plan
AED 2,104,888AED 965 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 November 2024.

Key facts

Type
2-bed apartment
Size
2,181 sqft
Floor
3rd of 42
Parking
L2-04
Developer
Emaar
Completed
2013
Service charge
AED 42,500 /yr
Last sold
AED 3.29M · November 2024
Building
29 Burj Boulevard Tower 1

About 301, 29 Burj Boulevard Tower 1

301 is a two-bedroom apartment of 2,181 sqft on the 3rd floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 7 November 2024 for AED 3,293,136, or AED 1,509 per sqft, 26% below the AED 2,052 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 28 September 2015, is AED 148,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 42,500 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in 29 Burj Boulevard Tower 1
2M3M2010201520202025Typical sale price by year: 2010 AED 2,424,888; 2011 AED 1,893,666; 2012 AED 2,100,000; 2013 AED 2,500,000; 2014 AED 3,047,500; 2015 AED 2,880,000; 2016 AED 2,725,000; 2018 AED 1,900,000; 2019 AED 1,700,000; 2021 AED 1,925,000; 2022 AED 2,450,000; 2023 AED 2,500,000; 2024 AED 2,800,000; 2025 AED 3,000,000; 2026 AED 3,400,000Sold by developer, June 2010: AED 2,104,888 (AED 965 per sqft)Sold, February 2014: AED 2,104,888 (AED 965 per sqft)Sold, April 2016: AED 2,210,000 (AED 1,013 per sqft)Sold, November 2024: AED 3,293,136 (AED 1,509 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in 29 Burj Boulevard Tower 1
100K150K2013201720212025Typical rent by year: 2013 AED 150,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 155,000; 2017 AED 155,000; 2018 AED 140,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 138,250; 2024 AED 157,500; 2025 AED 162,750; 2026 AED 175,000New contract, July 2014: AED 155,000 a yearNew contract, September 2015: AED 148,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 29 Burj Boulevard Tower 1, and where 301 sits

All 121 2-beds →

301 last sold in November 2024 at AED 1,509 per sqft, 26% below what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 2,052). Over the last 12 months two-beds sold for AED 2,247,206 to 4,200,000, around AED 2,897 per sqft, and rent for AED 126,500 to 330,000 a year. 301's AED 148,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Feb 20264,200,000
3 Feb 20262,247,206
3 Feb 20263,400,000
8 Jan 202659,206
6 2-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 3rd floor

All 319 units in 29 Burj Boulevard Tower 1
Value
3021-bedAED 2.4M · Aug 2024
3032-bedAED 3.8M · Sep 2023
3042-bedAED 2.41M · Oct 2013

301, 29 Burj Boulevard Tower 1 in numbers

  • Sold 4 times: first on 29 June 2010 for AED 2,104,888, last on 7 November 2024 for AED 3,293,136 (AED 1,509 per sqft).
  • Rented since July 2014 on 2 Ejari contracts, from AED 155,000 to AED 148,000 a year.
  • At AED 148,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 42,500 a year (AED 19.50 per sqft).
  • Two-beds in 29 Burj Boulevard Tower 1 sold for AED 2,247,206–4,200,000 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 7 November 2024.

Questions about 301, 29 Burj Boulevard Tower 1

What did unit 301 last sell for?

AED 3,293,136 on 7 November 2024: AED 1,509 per sqft for 2,181 sqft. The unit has 4 registered sales; the first was AED 2,104,888 in June 2010.

What is the rent for unit 301?

AED 148,000 a year on the contract signed on 28 September 2015. The previous contract, from July 2014, was AED 155,000.

How big is unit 301?

2,181 sqft (202.6 sqm): a two-bedroom apartment on the 3rd floor of a 42-storey tower completed in 2013.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 29 Burj Boulevard Tower 1 sold for AED 2,247,206 to 4,200,000 in the last 12 months, around AED 2,897 per sqft.

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Mortgage on 301, 29 Burj Boulevard Tower 1

Starts from the last sale price (AED 3.29M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,293,136
Deposit, UAE resident (20%)
AED 658,627
Deposit, non-resident (40%)
AED 1,317,254
Monthly over 25 years at 3.7%
AED 13,473

Plus AED 143,321 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →