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29 Boulevard Tower 1, Downtown Dubai

29 Boulevard Tower 1, Downtown Dubai

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Strengths

Prime Location

Modern Amenities

Scenic Views

Weakens

High Rental Prices

Traffic Congestion

Limited Family-Friendly Facilities

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Description

29 Boulevard Tower 1, Downtown Dubai

Real Estate Overview

Building Overview

  • 29 Boulevard Tower 1 is a prestigious residential skyscraper situated in the heart of Downtown Dubai.
  • The building is conveniently located near key landmarks such as the Burj Khalifa and Dubai Mall, offering a vibrant urban lifestyle.
  • It features proximity to well-connected public transportation options, enhancing accessibility throughout the city.
  • In comparison with other prominent structures in Downtown, 29 Boulevard Tower 1 stands out for its modern design and luxurious amenities.

Properties Overview

  • The building showcases a range of properties for both rent and sale, appealing to diverse preferences.
  • Popular property types include one- and two-bedroom apartments with contemporary finishes.
  • Average rental prices typically range from AED 90,000 to AED 150,000 annually, while sales prices are generally between AED 1.5 million and AED 2.5 million.

Market Trends

  • The rental market has seen a steady increase of about 5% over the past year, indicating a strong demand for residential units.
  • Sales trends have remained robust, with a current average ROI of around 6-7% for investors.
  • Expectations for the upcoming year suggest continued growth, driven by ongoing development in the Downtown area.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents benefit from nearby supermarkets, prestigious schools, and healthcare facilities including hospitals and clinics, fulfilling all essential needs.

Transportation and Accessibility

  • The building offers easy access to the Dubai Metro and bus services, with ample parking spaces available for residents and guests.
  • Its strategic location ensures quick commutes to major business hubs and leisure destinations.

Lifestyle Amenities

  • 29 Boulevard Tower 1 provides an array of lifestyle amenities such as a state-of-the-art gym, swimming pool, and landscaped gardens.
  • A selection of fine dining restaurants, cafes, and vibrant nightlife options are also within walking distance.

Builing Facilities

  • The building is equipped with high-speed elevators, round-the-clock security, and centralized air conditioning, ensuring a comfortable living environment.
  • Dedicated maintenance services contribute to a hassle-free lifestyle for residents.

Special Services

  • Residents enjoy exclusive concierge services, providing assistance with bookings and personalized requests.
  • Additional features include business centers for professional needs and guest services to accommodate visitors.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of floor plans are available, catering to different needs, including spacious layouts and modern interiors.

Things to Consider

  • Prospective tenants and buyers should evaluate property size, layout, and proximity to amenities before finalizing their decision.
  • Consider the overall lifestyle offered by Downtown Dubai and the potential for future appreciation in property value.

Useful FAQs and Support

Events and Building Life

Building Events

  • 29 Boulevard Tower 1 hosts regular community events and gatherings, fostering a sense of belonging among residents.
  • Social activities provide opportunities for neighbors to connect and build lasting relationships.

Community Identity

  • The building is known for its contemporary architectural style and stunning views of the city skyline, enhancing its distinct character.
  • Additionally, its vibrant community culture and active lifestyle contribute to a unique living experience.

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Detailed Buiding Insights

1. Family Friendliness

The community offers ample family-friendly amenities including parks, play areas, and proximity to schools, making it a safe and enjoyable environment for families.

Exceptionally Welcoming

2. Living Options

29 Boulevard Tower 1 features a variety of living options including one, two, and three-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The building is equipped with advanced security features, including 24/7 surveillance and controlled access, providing residents a high level of safety.

Remarkably Secure

4. Transportation

Situated in Downtown Dubai, residents benefit from easy access to major roads, public transport options, and proximity to the metro station, enhancing mobility.

Highly Convenient

5. Amenities And Facilities

The tower boasts a wide range of amenities including a gym, swimming pool, children's play area, and community room, catering to various lifestyle needs.

Richly Equipped

6. Cost Of Living

While the living costs can be higher due to the premium location, the variety of accommodation options offers flexibility that can accommodate different budgets.

Relatively Balanced

7. Things To Do

The vicinity is rich with entertainment options such as shopping malls, restaurants, and cultural attractions, ensuring residents have a plethora of activities to choose from.

Vibrantly Diverse

8. Noise Levels

While the area is vibrant, the tower is designed with sound-proofing in mind, offering a tranquil living environment away from the hustle and bustle.

Generally Peaceful

9. Pet Friendliness

The community has policies in place for pet owners, including designated pet areas; however, restrictions may apply, which can limit overall pet friendliness.

Moderately Accommodating

Price Insights

Price Trends
2 Bedrooms apartments rented in Damac and Dubai Marina
Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
Villa (2Beds)
Sale
1.3M AED
Apartment (1Beds)
Sale
850K AED
Villa (3Beds)
Rent
168K AED

Map Overview

Park and Outdoor Fitness & Gym Hospital and Clinics Shopping Center and Groceries Restaurant & Cafeterias
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Schools

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Local Information

Buy:

270K AED - 320.9K AED

Rent:

20.7K AED - 33.9K AED

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