1-bed · 800 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 14th floor · completed 2013

1402, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 3 times, last in January 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 29 July 2023
Last soldAED 1.59M22 January 2017
Current rentAED 115K /yr29 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, 29 Burj Boulevard Tower 2

What is 1402 worth today?

Last sold for AED 1,585,000 in 2017

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29 Jul 2023RentedRenewal
AED 115,000/yr12 months · AED 144 per sqft
13 Jul 2020RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
3 Apr 2019RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
22 Jan 2017SoldReady
AED 1,585,000AED 1,982 per sqft
4 Nov 2015RentedNew contract
AED 110,000/yr12 months · AED 138 per sqft
21 Aug 2014RentedNew contract
AED 89,250/yr12 months · AED 112 per sqft
3 Oct 2013SoldReady
AED 787,944AED 985 per sqft
21 Aug 2013RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 July 2023.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
14th of 43
Parking
B2-74
Developer
Emaar
Completed
2013
Service charge
AED 15,600 /yr
Last sold
AED 1.59M · January 2017

About 1402, 29 Burj Boulevard Tower 2

1402 is a one-bedroom apartment of 800 sqft on the 14th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 22 January 2017 for AED 1,585,000, or AED 1,982 per sqft, in line with the AED 2,018 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 29 July 2023, is AED 115,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical one-bed in 29 Burj Boulevard Tower 2
1M2M2009201420192024Typical sale price by year: 2009 AED 1,894,388; 2010 AED 1,975,888; 2012 AED 1,422,444; 2013 AED 1,760,000; 2014 AED 2,019,388; 2015 AED 2,000,000; 2016 AED 1,725,000; 2017 AED 1,737,500; 2018 AED 1,462,500; 2019 AED 1,425,000; 2020 AED 1,180,000; 2021 AED 1,302,500; 2022 AED 1,600,000; 2023 AED 1,675,000; 2024 AED 1,850,000; 2025 AED 2,060,985Sold by developer, March 2011: AED 828,444 (AED 1,036 per sqft)Sold, October 2013: AED 787,944 (AED 985 per sqft)Sold, January 2017: AED 1,585,000 (AED 1,982 per sqft)

1402 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, each contractTypical one-bed in 29 Burj Boulevard Tower 2
75K100K125K2013201720212025Typical rent by year: 2013 AED 100,000; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 110,250; 2017 AED 105,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 73,500; 2021 AED 75,000; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 120,000New contract, August 2013: AED 85,000 a yearNew contract, August 2014: AED 89,250 a yearNew contract, November 2015: AED 110,000 a yearNew contract, April 2019: AED 85,000 a yearNew contract, July 2020: AED 65,000 a yearRenewal, July 2023: AED 115,000 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 2, and where 1402 sits

All 236 1-beds →

1402 last sold in January 2017 at AED 1,982 per sqft, in line with what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,018). Over the last 12 months one-beds sold for AED 2,075,000 to 2,750,000, around AED 2,436 per sqft, and rent for AED 77,000 to 200,000 a year. 1402's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
18 Feb 20262,750,000
12 Feb 20262,075,000
12 Jan 202691,543
8 Jan 202662,476
7 1-bed sales in the last 12 months

29 Burj Boulevard Tower 2

Building

373 apartments, studios to 3-bed over 43 floors in Downtown Dubai, completed in 2013 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 2,420 Up 1.7%
Typical sale
AED 2.35M
Typical rent
AED 120K /yr
Typical yield
5.9%
29 Burj Boulevard Tower 2, Downtown Dubai: prices, sales and rents →

Other units on the 14th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
14011-bedAED 1.13M · Sep 2019
1403StudioAED 1.19M · Mar 2014
14041-bedAED 1.48M · Apr 2023
14051-bedAED 1.85M · Aug 2016
14061-bedAED 1.94M · Feb 2014
14072-bedAED 1.24M · Sep 2016
14081-bedAED 1.75M · Jun 2021
1–7 of 10

1402, 29 Burj Boulevard Tower 2 in numbers

  • Sold 3 times: first on 3 March 2011 for AED 828,444, last on 22 January 2017 for AED 1,585,000 (AED 1,982 per sqft).
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 65,000 in 2020 and recovered to AED 115,000 by July 2023.
  • At AED 115,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 15,600 a year (AED 19.50 per sqft).
  • One-beds in 29 Burj Boulevard Tower 2 sold for AED 2,075,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,420 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 29 July 2023.

Questions about 1402, 29 Burj Boulevard Tower 2

What did unit 1402 last sell for?

AED 1,585,000 on 22 January 2017: AED 1,982 per sqft for 800 sqft. The unit has 3 registered sales; the first was AED 828,444 in March 2011.

What is the rent for unit 1402?

AED 115,000 a year on the contract renewed on 29 July 2023. The previous contract, from July 2020, was AED 65,000; the unit has been rented since August 2013.

How big is unit 1402?

800 sqft (74.3 sqm): a one-bedroom apartment on the 14th floor of a 43-storey tower completed in 2013.

What is unit 1402 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 2 sold for AED 2,075,000 to 2,750,000 in the last 12 months, around AED 2,436 per sqft.

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Mortgage on 1402, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.59M, 22 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,585,000
Deposit, UAE resident (20%)
AED 317,000
Deposit, non-resident (40%)
AED 634,000
Monthly over 25 years at 3.7%
AED 6,485

Plus AED 71,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →