2-bed · 1,284 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 37th floor · completed 2013

3704, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 7 times, last in March 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3704 · DLD and Ejari recordsUpdated 16 March 2022
Last soldAED 2.4M16 March 2022
Current rentAED 110K /yr5 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3704, 29 Burj Boulevard Tower 2

What is 3704 worth today?

Last sold for AED 2,400,000 in 2022

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16 Mar 2022SoldReady
AED 2,400,000AED 1,868 per sqft
5 Feb 2021RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
9 Apr 2019SoldReady
AED 2,650,000AED 2,063 per sqft
10 Dec 2018RentedNew contract
AED 130,000/yr12 months · AED 101 per sqft
15 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 117 per sqft
17 May 2016RentedRenewal
AED 200,000/yr12 months · AED 156 per sqft
23 Apr 2015SoldReady
AED 5,000,000AED 3,892 per sqft
27 Feb 2014SoldReady
AED 5,000,000AED 3,892 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 March 2022.

Key facts

Type
2-bed apartment
Size
1,284 sqft
Floor
37th of 43
Parking
B1-122
Developer
Emaar
Completed
2013
Service charge
AED 25,000 /yr
Last sold
AED 2.4M · March 2022

About 3704, 29 Burj Boulevard Tower 2

3704 is a two-bedroom apartment of 1,284 sqft on the 37th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 16 March 2022 for AED 2,400,000, or AED 1,868 per sqft, 10% above the AED 1,698 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 5 February 2021, is AED 110,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 25,000 a year.

Sales and rents for 3704 over time

Sales
Unit 3704, each saleTypical two-bed in 29 Burj Boulevard Tower 2
2M4M20102014201820222026Typical sale price by year: 2010 AED 2,315,888; 2012 AED 2,375,000; 2013 AED 2,750,000; 2014 AED 2,982,500; 2015 AED 2,153,840; 2016 AED 1,237,500; 2017 AED 3,087,500; 2019 AED 2,200,000; 2020 AED 1,700,000; 2022 AED 2,135,000; 2023 AED 3,025,000; 2024 AED 2,990,000; 2025 AED 3,242,500Sold, September 2013: AED 3,675,000 (AED 2,861 per sqft)Sold, September 2013: AED 3,147,888 (AED 2,450 per sqft)Sold by developer, September 2013: AED 3,147,888 (AED 2,450 per sqft)Sold, February 2014: AED 5,000,000 (AED 3,892 per sqft)Sold, April 2015: AED 5,000,000 (AED 3,892 per sqft)Sold, April 2019: AED 2,650,000 (AED 2,063 per sqft)Sold, March 2022: AED 2,400,000 (AED 1,868 per sqft)

3704 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3704, each contractTypical two-bed in 29 Burj Boulevard Tower 2
100K150K200K2013201720212025Typical rent by year: 2013 AED 160,000; 2014 AED 180,000; 2015 AED 165,188; 2016 AED 168,000; 2017 AED 163,000; 2018 AED 141,500; 2019 AED 127,500; 2020 AED 109,412; 2021 AED 115,250; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 171,500; 2025 AED 179,513; 2026 AED 157,500Renewal, May 2016: AED 200,000 a yearNew contract, September 2017: AED 150,000 a yearNew contract, December 2018: AED 130,000 a yearNew contract, February 2021: AED 110,000 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 2, and where 3704 sits

All 90 2-beds →

3704 last sold in March 2022 at AED 1,868 per sqft, 10% above what two-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,698). Over the last 12 months two-beds sold for AED 2,200,000 to 3,300,000, around AED 2,138 per sqft, and rent for AED 120,000 to 188,000 a year. 3704's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Jan 20262,200,000
28 Jul 20253,350,000
3 Mar 20253,250,000
29 Jan 20253,235,000
3 2-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 37th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
37011-bedAED 1.69M · Sep 2022
37021-bedAED 1.88M · Sep 2014
37031-bedAED 1.62M · May 2023
37052-bedAED 1.8M · Sep 2020
37061-bedAED 800K · Oct 2013

3704, 29 Burj Boulevard Tower 2 in numbers

  • Sold 7 times: first on 12 September 2013 for AED 3,147,888, last on 16 March 2022 for AED 2,400,000 (AED 1,868 per sqft).
  • Rented since May 2016 on 4 Ejari contracts, from AED 200,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 25,000 a year (AED 19.50 per sqft).
  • Two-beds in 29 Burj Boulevard Tower 2 sold for AED 2,200,000–3,300,000 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 16 March 2022.

Questions about 3704, 29 Burj Boulevard Tower 2

What did unit 3704 last sell for?

AED 2,400,000 on 16 March 2022: AED 1,868 per sqft for 1,284 sqft. The unit has 7 registered sales; the first was AED 3,147,888 in September 2013.

What is the rent for unit 3704?

AED 110,000 a year on the contract signed on 5 February 2021. The previous contract, from December 2018, was AED 130,000; the unit has been rented since May 2016.

How big is unit 3704?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 37th floor of a 43-storey tower completed in 2013.

What is unit 3704 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 2 sold for AED 2,200,000 to 3,300,000 in the last 12 months, around AED 2,138 per sqft.

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Mortgage on 3704, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 2.4M, 16 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →