2-bed · 1,440 sqft29 Burj Boulevard Tower 2, Downtown Dubai · 5th floor · completed 2013

509, 29 Burj Boulevard Tower 2

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 2.23M28 January 2015
Current rentAED 165K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, 29 Burj Boulevard Tower 2

What is 509 worth today?

Last sold for AED 2,231,775 in 2015

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15 Aug 2025RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft
27 Dec 2024RentedRenewal
AED 151,000/yr12 months · AED 105 per sqft
27 Dec 2023RentedRenewal
AED 143,750/yr12 months · AED 100 per sqft
27 Dec 2022RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
27 Dec 2021RentedRenewal
AED 115,000/yr12 months · AED 80 per sqft
27 Dec 2020RentedRenewal
AED 105,000/yr12 months · AED 73 per sqft
27 Dec 2019RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
1 Nov 2015RentedNew contract
AED 170,000/yr12 months · AED 118 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
1,440 sqft
Floor
5th of 43
Parking
L2-65
Developer
Emaar
Completed
2013
Service charge
AED 28,100 /yr
Last sold
AED 2.23M · January 2015

About 509, 29 Burj Boulevard Tower 2

509 is a two-bedroom apartment of 1,440 sqft on the 5th floor of 29 Burj Boulevard Tower 2, a 43-storey tower in Downtown Dubai completed in 2013 by Emaar. The developer sold it on 28 January 2015 for AED 2,231,775, or AED 1,550 per sqft, 32% below the AED 2,267 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 15 August 2025, is AED 165,000 a year: a gross yield of 7.4% on the 2015 price, before the service charge of about AED 28,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in 29 Burj Boulevard Tower 2
1M2M3M20102014201820222026Typical 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, January 2015: AED 2,231,775 (AED 1,550 per sqft)

509 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, 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, October 2013: AED 170,000 a yearRenewal, October 2014: AED 180,000 a yearNew contract, November 2015: AED 170,000 a yearNew contract, December 2019: AED 115,000 a yearRenewal, December 2020: AED 105,000 a yearRenewal, December 2021: AED 115,000 a yearRenewal, December 2022: AED 125,000 a yearRenewal, December 2023: AED 143,750 a yearRenewal, December 2024: AED 151,000 a yearNew contract, August 2025: AED 165,000 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 509 sits

All 90 2-beds →

509 last sold in January 2015 at AED 1,550 per sqft, 32% below what two-beds in 29 Burj Boulevard Tower 2 were fetching at the time (AED 2,267). 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. 509's AED 165,000 is in the upper half 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
5072-bedAED 1.75M · Feb 2022
5081-bedAED 3M · Mar 2014
1–7 of 9

509, 29 Burj Boulevard Tower 2 in numbers

  • Sold once: by Emaar on 28 January 2015 for AED 2,231,775, or AED 1,550 per sqft.
  • Rented since October 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 105,000 in 2020 and recovered to AED 165,000 by August 2025.
  • At AED 165,000 a year the gross yield on the 2015 price is 7.4%, before a service charge of about AED 28,100 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 15 August 2025.

Questions about 509, 29 Burj Boulevard Tower 2

What did unit 509 last sell for?

AED 2,231,775 on 28 January 2015, sold by the developer: AED 1,550 per sqft for 1,440 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 165,000 a year on the contract signed on 15 August 2025. The previous contract, from December 2024, was AED 151,000; the unit has been rented since October 2013.

How big is unit 509?

1,440 sqft (133.8 sqm): a two-bedroom apartment on the 5th floor of a 43-storey tower completed in 2013.

What is unit 509 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 509, 29 Burj Boulevard Tower 2

Starts from the last sale price (AED 2.23M, 28 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,231,775
Deposit, UAE resident (20%)
AED 446,355
Deposit, non-resident (40%)
AED 892,710
Monthly over 25 years at 3.7%
AED 9,131

Plus AED 98,745 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →