408, 29 Burj Boulevard Tower 1
Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, 29 Burj Boulevard Tower 1
What is 408 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,155 sqft
- Floor
- 4th of 42
- Parking
- B1-207
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1.95M · October 2013
- Building
- 29 Burj Boulevard Tower 1
About 408, 29 Burj Boulevard Tower 1
408 is a two-bedroom apartment of 1,155 sqft on the 4th floor of 29 Burj Boulevard Tower 1, a 42-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 3 October 2013 for AED 1,952,888, or AED 1,690 per sqft, 15% below the AED 1,993 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 27 May 2024, is AED 157,500 a year: a gross yield of 8.1% on the 2013 price, before the service charge of about AED 22,500 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the two-bed median of each year in the building.
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 408 sits
All 121 2-beds →408 last sold in October 2013 at AED 1,690 per sqft, 15% below what two-beds in 29 Burj Boulevard Tower 1 were fetching at the time (AED 1,993). 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. 408's AED 157,500 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 1,087 sqft | 4,200,000 | 3,862 | ||
| 3 Feb 20263 February 2026 | 1,155 sqft | 2,247,206 | 1,944 | ||
| 3 Feb 20263 February 2026 | 1,174 sqft | 3,400,000 | 2,897 | ||
| 8 Jan 20268 January 2026 | 1,231 sqft | 59,206 | 48 |
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 4th floor
All 319 units in 29 Burj Boulevard Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 848 sqft | AED 1.3MAED 1,300,000 · Jun 2022June 2022 | 36,000 /yr | |
| 403 | 1,080 sqft | AED 2.5MAED 2,500,000 · Aug 2025August 2025 | 155,000 /yr | ||
| 404 | 1-bed | 838 sqft | AED 1.9MAED 1,900,000 · May 2025May 2025 | 80,850 /yr | |
| 405 | 2-bed | 1,401 sqft | AED 3.78MAED 3,780,000 · Jun 2014June 2014 | ||
| 406 | 2-bed | 1,231 sqft | AED 3.2MAED 3,200,000 · Mar 2014March 2014 | 154,613 /yr | |
| 407 | 2-bed | 1,174 sqft | AED 2.5MAED 2,500,000 · Dec 2015December 2015 | 150,000 /yr |
408, 29 Burj Boulevard Tower 1 in numbers
- Sold twice: first on 29 June 2010 for AED 1,952,888, last on 3 October 2013 for AED 1,952,888 (AED 1,690 per sqft).
- Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 104,420 in 2021 and recovered to AED 157,500 by May 2024.
- At AED 157,500 a year the gross yield on the 2013 price is 8.1%, before a service charge of about AED 22,500 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 27 May 2024.
Questions about 408, 29 Burj Boulevard Tower 1
What did unit 408 last sell for?
AED 1,952,888 on 3 October 2013: AED 1,690 per sqft for 1,155 sqft. The unit has 2 registered sales; the first was AED 1,952,888 in June 2010.
What is the rent for unit 408?
AED 157,500 a year on the contract renewed on 27 May 2024. The previous contract, from May 2023, was AED 150,000; the unit has been rented since September 2013.
How big is unit 408?
1,155 sqft (107.3 sqm): a two-bedroom apartment on the 4th floor of a 42-storey tower completed in 2013.
What is unit 408 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 408, 29 Burj Boulevard Tower 1
Starts from the last sale price (AED 1.95M, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,952,888
- Deposit, UAE resident (20%)
- AED 390,578
- Deposit, non-resident (40%)
- AED 781,155
- Monthly over 25 years at 3.7%
- AED 7,990
Plus AED 87,032 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →