506, 29 Burj Boulevard Tower 2
Sold prices and rental history: sold twice, last in March 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, 29 Burj Boulevard Tower 2
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 March 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 854 sqft
- Floor
- 5th of 43
- Parking
- B2-83
- Developer
- Emaar
- Completed
- 2013
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.25M · March 2020
- Building
- 29 Burj Boulevard Tower 2
About 506, 29 Burj Boulevard Tower 2
506 is a one-bedroom apartment of 854 sqft on the 5th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. It last sold on 10 March 2020 for AED 1,250,000, or AED 1,463 per sqft, 12% above the AED 1,312 one-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 27 February 2018, is AED 115,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 16,700 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 236 1-beds →506 last sold in March 2020 at AED 1,463 per sqft, 12% above what one-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 1,312). 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. 506's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Feb 202618 February 2026 | 1,129 sqft | 2,750,000 | 2,436 | ||
| 12 Feb 202612 February 2026 | 799 sqft | 2,075,000 | 2,595 | ||
| 12 Jan 202612 January 2026 | 828 sqft | 91,543 | 110 | ||
| 8 Jan 20268 January 2026 | 902 sqft | 62,476 | 69 |
29 Burj Boulevard Tower 2
Building373 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%
Other units on the 5th floor
All 373 units in 29 Burj Boulevard Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 844 sqft | AED 1.16MAED 1,159,888 · May 2015May 2015 | 100,000 /yr | |
| 502 | 2-bed | 1,112 sqft | AED 2.2MAED 2,200,000 · Jan 2026January 2026 | 103,000 /yr | |
| 504 | 1-bed | 859 sqft | AED 1.32MAED 1,320,944 · Dec 2013December 2013 | 79,695 /yr | |
| 505 | 1-bed | 840 sqft | AED 1.78MAED 1,775,000 · Jan 2016January 2016 | 105,000 /yr | |
| 507 | 2-bed | 1,030 sqft | AED 1.75MAED 1,750,000 · Feb 2022February 2022 | 85,000 /yr | |
| 508 | 1-bed | 1,129 sqft | AED 3MAED 3,000,000 · Mar 2014March 2014 | 300,000 /yr | |
| 509 | 2-bed | 1,440 sqft | AED 2.23MAED 2,231,775 · Jan 2015January 2015 | 165,000 /yr | |
| 510 | 1-bed | 828 sqft | AED 1.94MAED 1,940,000 · Apr 2014April 2014 | 90,000 /yr | |
| 511 | 1-bed | 1,044 sqft | AED 2.1MAED 2,100,000 · Jun 2015June 2015 | 125,000 /yr |
506, 29 Burj Boulevard Tower 2 in numbers
- Sold twice: first on 2 March 2010 for AED 1,876,888, last on 10 March 2020 for AED 1,250,000 (AED 1,463 per sqft).
- Rented since January 2015 on 2 Ejari contracts, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 16,700 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 10 March 2020.
Questions about 506, 29 Burj Boulevard Tower 2
What did unit 506 last sell for?
AED 1,250,000 on 10 March 2020: AED 1,463 per sqft for 854 sqft. The unit has 2 registered sales; the first was AED 1,876,888 in March 2010.
What is the rent for unit 506?
AED 115,000 a year on the contract signed on 27 February 2018. The previous contract, from January 2015, was AED 115,000.
How big is unit 506?
854 sqft (79.3 sqm): a one-bedroom apartment on the 5th floor of a 43-storey tower completed in 2013.
What is unit 506 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 506, 29 Burj Boulevard Tower 2
Starts from the last sale price (AED 1.25M, 10 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →