What is the rental yield in 29 Blvd T1?

29 Blvd T1 returns 6.53% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 229 rental contracts registered in the last 24 months.

How much does a 1 bedroom in 29 Blvd T1 cost?

The median registered sale price is AED 1.93M (2,337 AED/sqft), from 35 Dubai Land Department sales in the last 24 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 6 months have a median of 2,098 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in 29 Blvd T1 risen or fallen?

Median price per square foot moved -7.5% over the last 12 months against the 12 before it, on 35 registered sales. On a sample this size, read the direction rather than the exact figure.

How does 29 Blvd T1 compare with Downtown Dubai?

Its 6.53% gross yield sits +0.4 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

29 Blvd T1 — sale prices & yield | Downtown Dubai, Dubai

Buy: 1.93MAED; AED 2,098/sqft
Long-let: 6.53%; AED 115,000/yr

Price per sqft: Median of 6 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 4 sales in the last 3 months.

Yield spread: +0.4 pts; vs the Downtown Dubai median for this unit type
Turnover upside: +4.5%; new tenants pay more than sitting ones — 251 renewals
AED/yr/sqft: AED 134
Sales: 35
Rental contracts: 229
Renewal rent: AED 110,000/yr

12 months: -7.5%
3 years: +16.2%+5.1%/yr
5 years: +55.7%+9.3%/yr

Based on 35 sales and 229 rental contracts in the last 24 months. Rental data covers the whole 29 Boulevard project, not this tower alone.

29 Blvd T1 is an apartment building in Downtown Dubai, Dubai, one of the towers in the 29 Boulevard development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 668 registered sales in all — the 35 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in 29 Blvd T1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 1.11M	2376	6.73% -0.1 pts	-86.0%	5
1 bed	AED 1.93M	2337	6.53% +0.4 pts	-7.5%	35
2 bed	AED 2.87M	2413	5.76% -0.1 pts	+0.9%	34

Deltas compare each yield with the Downtown Dubai median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Off-plan vs resale

Units sold off-plan in 29 Blvd T1 between 2010 and 2013 went for a median of AED 1,879/sqft (AED 1.90M). The same building resells today at AED 2,386/sqft (AED 2.15M) — an uplift of +13.1%.

Based on 384 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

35 resales in the last 12 months, against 45 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
13 Jul 2026	1 bed	1,669	AED 2,200,000	1,318
7 Jul 2026	2 bed	1,231	AED 2,850,000	2,316
6 Jul 2026	1 bed	801	AED 1,620,000	2,023
1 Jul 2026	1 bed	799	AED 1,480,000	1,852
16 Jun 2026	1 bed	874	AED 1,900,000	2,173

5 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in 29 Boulevard, on the same figures over the same window.

Highest rental yields in Downtown Dubai · 29 Blvd T1 places 23rd of 55

Common questions

What is the rental yield in 29 Blvd T1?: 29 Blvd T1 returns 6.53% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 229 rental contracts registered in the last 24 months.
How much does a 1 bedroom in 29 Blvd T1 cost?: The median registered sale price is AED 1.93M (2,337 AED/sqft), from 35 Dubai Land Department sales in the last 24 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 6 months have a median of 2,098 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in 29 Blvd T1 risen or fallen?: Median price per square foot moved -7.5% over the last 12 months against the 12 before it, on 35 registered sales. On a sample this size, read the direction rather than the exact figure.
How does 29 Blvd T1 compare with Downtown Dubai?: Its 6.53% gross yield sits +0.4 pts against the Downtown Dubai median of 6.14%, computed at the same bedroom grain over the same 24-month window.

29 Blvd T1