29 Blvd T1
- Completed 2013
- Master developer Emaar Properties
A 1 bed in 29 Blvd T1 costs a median AED 1.95M and rents long-let for AED 108,000/yr (5.5% gross).
1 bed · typical price
1.95MAED
AED 2,237/sqft · -8.7% on a year
- Rent a year
- AED 108,000
- Yield after service charge
- 4.8%
- vs Downtown Dubai
- 7% below the median
Cost to buy, all inAED 2.07M
- Price
- AED 1.95M
- DLD fee 4%
- AED 77,998
- Agent 2% + VAT
- AED 40,949
- Trustee
- AED 4,200
Fees repaid by net rent16 months
Is 29 Blvd T1 a good investment?The rent pays below the Dubai median and prices are slipping
- Does it pay a good rent?5.5% gross, 4.8% after the service charge (Dubai median 6.8%)5.5%Watch
- Are rents going up?New 1 bed leases: AED 118,000 a year ago, AED 108,000 now (pooled across the project)-8.5%
- Are prices going up?1 bed: AED 2,450/sqft a year ago, 2,237 now-8.7%Watch
- How fast do fees pay back?AED 123,147 in fees to buy a 1 bed; net rent covers it in 1.3 years1.3 yrsFair
- Can I sell easily?32 sales in 12 months (37 the year before)32
- Is a lot being built nearby?3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today. A further 348 are past their planned date. Downtown Dubai supply by year →38%Fair
- Did earlier buyers gain?Up 59% for buyers 5 years ago; up 26% for launch buyers, before fees+58.8%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
29 Blvd T1 prices and rents by unit typeA one-bed costs about AED 1.95M and rents for about AED 108,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Downtown Dubai · area median AED 2,407/sqft
- 12-month change
- -8.7%
- 3 years
- +14.7% · +4.7%/yr
- 5 years
- +53.7% · +9.0%/yr
- vs area median
- -7.1%
- Rank by price per sqft
- 51st of 82
- Off-plan price gain, 2010–2013
- +24.1% · +1.5%/yr
Rental income
1 bed · Downtown Dubai
- Gross yield
- 5.5%
- Median new rent
- AED 108,000/yr
- Yield vs area median
- +0.0 pts
- Yield vs Dubai (6.8%)
- -1.2 pts
- Yield rank
- 22nd of 43
- Renewal rent
- AED 112,500/yr
- New tenants pay vs sitting (101 renewals)
- -4.0%
Read with care
- Rental data covers the whole 29 Boulevard project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Jun 2010, AED 1,542,388; latest, Sep 2026, AED 2,075,000; peak, May 2025, AED 2,100,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,353 · before fees
- Launch, 2010–13
- 1,864
- +26%
- 272 sales
- 5 years ago
- 1,481
- +59%
- 27 sales
- 3 years ago
- 1,966
- +20%
- 49 sales
- Previous 12 months
- 2,428
- −3%
- 37 sales
- Last 12 months
- 2,353
- today
- 32 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
32 resales in the last 12 months, against 44 a year on average over 2023–2025.
32 resales in the last 12 months.
Comparables in Downtown Dubai
Every Downtown Dubai building with a page, ranked by price per sqft over the same 12 months, all unit types. 29 Blvd T1 places 72nd of 116; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against 29 Blvd T1 (AED 2,353/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, 29 Blvd T1 has registered sale prices 7% below the Downtown Dubai median price per square foot of 2,407 AED, across 82 eligible buildings. It ranks 51st of 82 by price per square foot and 22nd of 43 by gross yield in Downtown Dubai.
Market context in Downtown Dubai
Registered sales activity
1,759 ready apartment sales in the 12 months to 2026-10-12.
+0.4% in median AED/sqft versus the preceding year, supported by 1,759 current and 2,575 prior price observations.
Explore sales activityPlanned apartment projects
2,186 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,663 apartments are planned in Downtown Dubai from 2026 to 2028, equal to 38% of the 9,689 homes let there today.
Ready prices per sqft fell in 49% of 109 buildings (counted once per bedroom type) in Downtown Dubai with sales in both years; the typical one moved +0.1%.
New-lease rents fell in 76% of 54 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The 29 Boulevard towers
3 towers in 29 Boulevard, at the bedroom type above.
Ejari files 29 Boulevard’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Downtown Dubai: every development at this typeDowntown Dubai: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer.
About 29 Blvd T1
29 Blvd T1 is an apartment building completed in 2013 by Emaar Properties in Downtown Dubai. 332 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 17.28/sqft a year · 2026 budget
- Master developer
- Emaar Properties
Nearest, as registered
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
29 Blvd T1: AED 2,353 per sq ft, 4% below the median Downtown Dubai building, and a 5.0% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- 29 Blvd T1AED 2,353
- Downtown Dubai, readyAED 2,665
- Downtown Dubai, off-planAED 3,819
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
29 Blvd T1Downtown Dubai median building
- Downtown Dubai5.0% vs 5.2%
More from Emaar Properties
Burj Khalifa
Downtown Dubai · 115 sales, 12 months
5.00M
AED, resale median · 2,929/sqft
The St. Regis Residences - Tower 1
Downtown Dubai · 67 sales, 12 months
3.70M
AED, resale median · 3,328/sqft
Grande
Downtown Dubai · 61 sales, 12 months
5.45M
AED, resale median · 3,539/sqft
The St. Regis Residences - Tower 2
Downtown Dubai · 56 sales, 12 months
3.91M
AED, resale median · 2,975/sqft
Nearby in Downtown Dubai
Prices per sq ft around 29 Blvd T1, on the mapPrices per sq ft around 29 Blvd T1, on the map
Bd 29 Blvd T2
Downtown Dubai · 26 sales, 12 months
2.25M
AED, resale median · 2,344/sqft
Bd 29 Blvd Podium
Downtown Dubai · 7 sales, 12 months
2.64M
AED, resale median · 2,113/sqft
Binghatti Skyblade
Downtown Dubai · 472 sales, 12 months
1.97M
AED, resale median · 3,909/sqft
Burj Khalifa
Downtown Dubai · 115 sales, 12 months
5.00M
AED, resale median · 2,929/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeAED 17.28/sqft a year, 2026 owners-association budget; 4.8% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from 29 Blvd T1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 8,671AED
- 4.5% over 25 years
- Monthly rent
- 9,000AED
- AED 108,000 a year
- Cash needed at purchase
- 535,636AED
- 20% down plus AED 145,647 in fees
Owning costs AED 362,275 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
Ask about 29 Blvd T1
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the rental yield in 29 Blvd T1?
- 29 Blvd T1 returns 5.5% gross: a median new-contract rent of AED 108,000 a year (119 Ejari contracts in 12 months) over a price benchmark of AED 1.95M (median of 16 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in 29 Blvd T1 cost?
- The median registered sale price is AED 1.95M (2,237 AED/sqft), from 16 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in 29 Blvd T1 selling for right now?
- Registered sales of ready units in 29 Blvd T1 over the last 12 months have a median of 2,237 AED/sqft, across 16 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in 29 Blvd T1 risen or fallen?
- Median price per square foot moved -8.7% over the last 12 months against the 12 before it, on 16 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- What is the registered annual rent for a 1 bedroom in 29 Blvd T1?
- The median new annual rent is AED 108,000, from 119 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
Send this page to a client as a branded report
29 Blvd T1 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 16 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/downtown-dubai/29-blvd-t1
Cite as: Dubai Wealth Index. “29 Blvd T1 sale prices and yield.” Downtown Dubai, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/downtown-dubai/29-blvd-t1
Stable dataJSON