2BR+3Bath Furnished Vacant | 29 Boulevard Tower 2 | Downtown Dubai | Distress AED 2.5M vs OP 3M
Ref: DPF-29BT2-2BR-1112-001
Downtown Dubai, United Arab Emirates
Community: Downtown
Bedrooms
2Down Payment
100%Handover Date
Ready to Move InRequest_call
Description
2 Bedroom + 3 Bathroom Apartment for Sale in 29 Boulevard Tower 2, Downtown Dubai — Distress AED 2,500,000 Final Price
AED 500,000 Below Original Price | Seller’s Last and Final Price — No Further Negotiation | Fully Furnished | Vacant | 1,112 Sq Ft | 3 Bathrooms | 1 Parking | Community View
A clearly priced, time-sensitive distress opportunity in one of Downtown Dubai’s most established and recognisable residential addresses — a fully furnished 2-bedroom, 3-bathroom apartment in 29 Boulevard Tower 2, directly on Sheikh Mohammed Bin Rashid Boulevard. The seller’s asking price of AED 2,500,000 is stated as their last and final price — no further negotiation will be entertained. The original purchase price was AED 3,000,000, making the current ask AED 500,000 (16.7%) below what the seller originally paid. The property is fully furnished, vacant, and immediately ready for occupation or rental activation. With 3 bathrooms in a 2-bedroom configuration — an unusual and premium layout delivering a master en-suite, a second bedroom en-suite, and a guest bathroom — and a generous 1,112 sq ft footprint in the heart of Downtown Dubai, this is one of the most competitively priced furnished 2-bedroom options in the district at AED 2,248 per sq ft. Buyers must understand the seller’s position is firm — this is a genuine distress deal at a fixed price, and early engagement is the only way to secure it.
Property Highlights
- Project: 29 Boulevard Tower 2, Downtown Dubai, Dubai
- Developer: Emaar Properties
- Unit Type: 2 Bedroom + 3 Bathroom
- Size: 1,112 sq ft
- View: Community view
- Parking: 1 covered parking space
- Condition: Fully furnished
- Occupancy: Vacant — ready to move in
- Service Charge: AED 23 per sq ft (approximately AED 25,576 per year)
- Original Price (OP): AED 3,000,000
- Distress Price: AED 2,500,000 — seller’s last and final price
- Saving vs OP: AED 500,000 (16.7% below original price)
- Price per Sq Ft (SP): AED 2,248
- Price per Sq Ft (OP): AED 2,699
- Property Status: Ready — Secondary Market — Distress — Final Price
About 29 Boulevard Tower 2 — Downtown Dubai
29 Boulevard is one of Emaar Properties’ original residential tower offerings on Sheikh Mohammed Bin Rashid Boulevard — the iconic promenade that forms the heart of Downtown Dubai’s lifestyle circuit. The building’s address on The Boulevard places residents at the epicentre of Dubai’s most globally recognised urban district: walking distance from The Dubai Mall, the world’s most visited shopping destination, Burj Khalifa, the world’s tallest building, the Dubai Fountain, and Dubai Opera. Tower 2 is the second residential tower of the 29 Boulevard complex, providing a well-established, Emaar-managed residential product in a community whose infrastructure and lifestyle offering is as mature and comprehensive as any residential address in the city. A 2-bedroom plus 3-bathroom configuration of 1,112 sq ft at AED 2,248 per sq ft — fully furnished and vacant — in this building represents a fundamental Downtown Dubai value entry that is rarely available at this price below AED 2,500 per sq ft for a furnished product.
Community and Lifestyle
- 29 Boulevard Tower 2 — Emaar residential building on Sheikh Mohammed Bin Rashid Boulevard
- Walking distance to Burj Khalifa, Dubai Mall, Dubai Fountain, and Dubai Opera
- 3 bathrooms in a 2-bedroom unit — premium layout with master en-suite, second en-suite, and guest bathroom
- Fully furnished — immediate STR or LTR income upon transfer
- Vacant — no tenant exit required, possession on transfer day
- 1 parking — valuable and scarce in the Downtown Dubai community
- Community view — pool, garden, and surrounding tower views
- Emaar building management — established and trusted operations
- Downtown Dubai — Dubai’s most internationally recognised and highest-demand residential address
Amenities
- Swimming pool
- Gymnasium and fitness facilities
- Children’s play area
- Lobby and concierge reception
- 1 covered parking space
- 24/7 building security and access control
- Maintenance and Emaar community management
- Direct Boulevard access — The Dubai Mall, Burj Khalifa, Dubai Fountain steps away
- Souk Al Bahar and Dubai Opera within walking distance
- Service charge: AED 23/sqft/year — full details from Emaar on request
Layout and Floor Plan
This 2-bedroom plus 3-bathroom apartment in 29 Boulevard Tower 2 spans 1,112 sq ft — a well-configured layout that is notably enhanced by its 3-bathroom provision. The 3-bathroom configuration in a 2-bedroom apartment typically delivers: a master bedroom with its own private en-suite bathroom, a second bedroom with its own en-suite bathroom, and a separate guest or visitor bathroom serving the living and dining areas. This layout is superior to the standard 2-bedroom plus 2-bathroom provision and is relatively uncommon in Dubai’s 2-bedroom apartment market — it adds materially to short-term rental income potential (allowing the unit to serve multi-guest configurations more comfortably), to long-term rental desirability for professional sharers or couples with regular guests, and to the owner-occupier lifestyle quality. The property is fully furnished to a standard that allows immediate occupation or leasing without any further investment by the incoming buyer. Detailed floor plan with room dimensions, bathroom layout, kitchen configuration, and balcony details are available on request from our team.
Payment and Final Price Position
This is a ready secondary-market apartment in 29 Boulevard Tower 2, Downtown Dubai available for immediate transfer at the Dubai Land Department. The seller has stated that AED 2,500,000 is their last and final price — this is non-negotiable. Buyers who approach below this figure will not be engaged. The context for this pricing is clear: the original price was AED 3,000,000, making the current ask AED 500,000 below the seller’s documented purchase price.
Price Summary
- Original Price (OP): AED 3,000,000
- Final Distress Price: AED 2,500,000
- Saving: AED 500,000 (16.7% below OP)
- Price per Sq Ft (SP): AED 2,248
- Price per Sq Ft (OP): AED 2,699
- Seller’s Position: This is the last and final price — no negotiation
Estimated Buyer Transfer Costs
- Purchase Price: AED 2,500,000
- DLD Transfer Fee (4%): AED 100,000
- DLD Administrative Fee: Approximately AED 580
- Agency Commission (2% + VAT): Approximately AED 52,500
- Total Estimated All-In: Approximately AED 2,653,080
Annual Service Charge
- Service Charge Rate: AED 23 per sq ft per year
- Annual Service Charge (1,112 sq ft): Approximately AED 25,576
- Monthly Equivalent: Approximately AED 2,131
Title deed, NOC from Emaar, service charge clearance certificate, and full due diligence documentation are available on request. Bank mortgage financing is available subject to standard UAE bank eligibility.
Location and Connectivity
- Community: Downtown Dubai, Dubai
- Address: Sheikh Mohammed Bin Rashid Boulevard (The Boulevard)
- The Dubai Mall: Walking distance
- Burj Khalifa: Walking distance
- Dubai Fountain: Walking distance
- Dubai Opera: Walking distance
- Souk Al Bahar: Walking distance
- DIFC: Approximately 5–10 minutes by car
- City Walk: Approximately 10–15 minutes by car
- Business Bay: Approximately 5–10 minutes by car
- Dubai International Airport (DXB): Approximately 15–20 minutes by car
- Dubai Marina / JBR: Approximately 20–25 minutes by car
- Al Maktoum International Airport (DWC): Approximately 35–40 minutes by car
Why This 29 Boulevard Distress Listing Merits Immediate Action
- Seller’s last and final price — AED 2,500,000 is fixed and non-negotiable
- AED 500,000 below original purchase price — 16.7% verified saving
- AED 2,248 per sq ft for a furnished 2BR+3Bath in Downtown Dubai — exceptional value metric
- 3 bathrooms in a 2-bedroom unit — premium layout adding STR income capacity and lifestyle quality
- Fully furnished — zero additional investment required for immediate rental or occupation
- Vacant — possession on transfer day, no outgoing tenant
- 29 Boulevard Tower 2 by Emaar — one of Downtown Dubai’s most established residential addresses
- 1 parking space — scarce and valuable in Downtown Dubai community
- Downtown Dubai — Dubai’s most internationally recognised and highest-demand address
- Freehold — available to all nationalities worldwide
Frequently Asked Questions
Is AED 2,500,000 truly the seller’s final price?
Yes. The seller has explicitly stated AED 2,500,000 is their last and final price and they will not engage with offers below this figure. This is a non-negotiable position. Buyers who approach this listing expecting to negotiate downward should be aware that the seller has drawn a clear line and any offer below AED 2,500,000 will not be considered. At AED 500,000 below the original purchase price, the seller’s position reflects a genuine distress that is already priced in — there is no further room below this number.
What is the distress price and how much below the original price is it?
The distress price is AED 2,500,000. The original purchase price was AED 3,000,000 — a saving of AED 500,000 (16.7% below OP). At AED 2,248 per sq ft for a fully furnished 2-bedroom plus 3-bathroom apartment in 29 Boulevard Tower 2 on the Boulevard in Downtown Dubai, this is a materially competitive price for the district, building, and specification.
Why does this 2-bedroom have 3 bathrooms and why does it matter?
A 2-bedroom apartment with 3 bathrooms is an unusual and premium configuration in Dubai’s residential market. The typical standard is 2 bedrooms plus 2 bathrooms. The third bathroom — typically a guest or powder room serving the living and dining areas independently of the bedrooms — adds meaningful value in three ways: for short-term rental, it increases the comfort capacity for multi-guest bookings; for long-term rental, it makes the unit significantly more attractive to professional sharers and couples with frequent visitors; and for owner-occupiers, it eliminates the inconvenience of guests sharing a bedroom bathroom. In Downtown Dubai where STR demand is strong, the 3-bathroom configuration directly supports higher nightly rates and occupancy.
Is the property vacant and what happens at transfer?
Yes. The property is fully vacant and possession transfers to the buyer on the day of the Dubai Land Department transfer. There is no outgoing tenant, no notice period, and no voidance gap between transfer and possession. Combined with the full furnishing, rental income can commence within days of transfer.
What is the service charge and how much is it annually?
The service charge is AED 23 per square foot per year — a rate that is standard for Emaar residential buildings in Downtown Dubai. For this 1,112 sq ft unit, the annual service charge is approximately AED 25,576, or approximately AED 2,131 per month. The service charge covers maintenance of common areas, building facilities (pool, gym, lobby, security), and Emaar’s community management. A service charge clearance certificate confirming no outstanding arrears will be provided by the seller as part of due diligence.
Can all nationalities purchase this apartment in Downtown Dubai?
Yes. Downtown Dubai is a designated freehold area, allowing property ownership by all nationalities worldwide — both UAE residents and non-residents. There are no nationality restrictions on purchasing in 29 Boulevard Tower 2.
What are the total transfer costs for the buyer?
Based on the purchase price of AED 2,500,000: DLD transfer fee 4% (AED 100,000), DLD administrative fee (approximately AED 580), and agency commission 2% plus VAT (approximately AED 52,500). Total estimated all-in buyer cost is approximately AED 2,653,080.
What is the rental yield potential for this furnished apartment?
A fully furnished 2-bedroom plus 3-bathroom apartment in 29 Boulevard Tower 2 — within walking distance of The Dubai Mall, Burj Khalifa, and the Dubai Fountain — represents a premium short-term rental product in one of the world’s most visited tourist destinations. Downtown Dubai consistently delivers among the highest nightly STR rates and occupancy levels in Dubai. For long-term rental, a furnished 2BR+3Bath in this building commands above-market rates relative to unfurnished equivalents. Entering at AED 2,500,000 (AED 2,248/sqft for a furnished product) provides a strong price-to-income ratio. Specific yield estimates and comparable rental rates for 29 Boulevard Tower 2 are available on request from our team.
Is bank mortgage financing available?
Yes. 29 Boulevard Tower 2 is an Emaar-developed, fully registered, and title deed-held property in Downtown Dubai — eligible for UAE bank mortgage financing subject to standard bank eligibility criteria. Mortgage buyers should note that while financing is available, the seller’s firm final price of AED 2,500,000 applies regardless of financing structure. Mortgage processing typically adds 30–60 days to the transfer timeline.
How do I arrange a viewing or proceed with the purchase?
Contact our team immediately via phone, email, or WhatsApp to arrange a viewing of this furnished vacant 2-bedroom plus 3-bathroom apartment in 29 Boulevard Tower 2, Downtown Dubai. We will provide the title deed, floor plan, service charge statement, NOC requirements, and all due diligence documentation on request. Given the seller’s firm AED 2,500,000 last-price position and the AED 500,000 saving versus OP, decisive buyers should engage immediately — this listing will attract early action.
Floor Plan
Floor Plan — 2 Bedroom + 3 Bathroom | 29 Boulevard Tower 2, Downtown Dubai
This 2-bedroom plus 3-bathroom apartment in 29 Boulevard Tower 2 spans 1,112 sq ft. The 3-bathroom provision is the defining architectural distinction of this unit: master bedroom with dedicated en-suite bathroom, second bedroom with its own en-suite bathroom, and a third guest or powder bathroom serving the entrance and living areas — a configuration that delivers maximum privacy and comfort for every occupant in the property simultaneously. The living and dining area is an open-plan or semi-open space of a size appropriate to the 1,112 sq ft footprint, with kitchen access and balcony or terrace access delivering the community view. All spaces are fully furnished to the current owner's specification — furniture, appliances, fittings, and soft furnishings are all included. The community view from this floor provides an outlook over the 29 Boulevard complex's community spaces and the surrounding Downtown Dubai towers rather than the Burj Khalifa or Boulevard directly. Full floor plan with room-by-room dimensions, bathroom layout, kitchen configuration, balcony dimensions, and building orientation for this unit in 29 Boulevard Tower 2 are available on request from our team or directly from the Emaar RERA file at DLD.
Payment_Plan
| Milestone | Payment% |
|---|---|
| Down_Payment | 100% |
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