2-bed · 1,030 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 5th floor · completed 2013

507, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold 4 times, last in February 2022, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 February 2022
Last soldAED 1.75M1 February 2022
Current rentAED 85K /yr14 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, 29 Burj Boulevard Tower 2

What is 507 worth today?

Last sold for AED 1,750,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Feb 2022SoldReady
AED 1,750,000AED 1,698 per sqft
14 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 83 per sqft
27 Jan 2019SoldReady
AED 1,800,000AED 1,747 per sqft
13 Apr 2016SoldReady
AED 1,024,944AED 994 per sqft
14 Mar 2010Sold by developerOff-plan
AED 1,024,944AED 994 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2022.

Key facts

Type
2-bed apartment
Size
1,030 sqft
Floor
5th of 43
Parking
B1-109
Developer
Emaar
Completed
2013
Service charge
AED 20,100 /yr
Last sold
AED 1.75M · February 2022

About 507, 29 Burj Boulevard Tower 2

507 is a two-bedroom apartment of 1,030 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 1 February 2022 for AED 1,750,000, or AED 1,698 per sqft, in line with the AED 1,698 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 September 2020. The current contract, signed on 14 September 2020, is AED 85,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 20,100 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in 29 Burj Boulevard Tower 2
2M20102014201820222026Typical 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 by developer, March 2010: AED 1,024,944 (AED 994 per sqft)Sold, April 2016: AED 1,024,944 (AED 994 per sqft)Sold, January 2019: AED 1,800,000 (AED 1,747 per sqft)Sold, February 2022: AED 1,750,000 (AED 1,698 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in 29 Burj Boulevard Tower 2
100K150K2013201720212025Typical 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 157,500New contract, September 2020: AED 85,000 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 507 sits

All 90 2-beds →

507 last sold in February 2022 at AED 1,698 per sqft, in line with 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. 507's AED 85,000 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 5th floor

All 373 units in 29 Burj Boulevard Tower 2
Value
5011-bedAED 1.16M · May 2015
5022-bedAED 2.2M · Jan 2026
5041-bedAED 1.32M · Dec 2013
5051-bedAED 1.78M · Jan 2016
5061-bedAED 1.25M · Mar 2020
5081-bedAED 3M · Mar 2014
5092-bedAED 2.23M · Jan 2015
1–7 of 9

507, 29 Burj Boulevard Tower 2 in numbers

  • Sold 4 times: first on 14 March 2010 for AED 1,024,944, last on 1 February 2022 for AED 1,750,000 (AED 1,698 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 20,100 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 1 February 2022.

Questions about 507, 29 Burj Boulevard Tower 2

What did unit 507 last sell for?

AED 1,750,000 on 1 February 2022: AED 1,698 per sqft for 1,030 sqft. The unit has 4 registered sales; the first was AED 1,024,944 in March 2010.

What is the rent for unit 507?

AED 85,000 a year on the contract signed on 14 September 2020.

How big is unit 507?

1,030 sqft (95.7 sqm): a two-bedroom apartment on the 5th floor of a 43-storey tower completed in 2013.

What is unit 507 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.

Selling 507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 507, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 1.75M, 1 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →