Distress Property, Ready, Ready To Move In, Vacant

Distress Deal | 2BR in 29 Boulevard T2, Downtown Dubai | AED 2,580,000

Ref: 29BLVD-T2-DT-2BR-1112-001

Emaar Properties

Downtown Dubai, United Arab Emirates

Bedrooms

2

Down Payment

On Request

Handover Date

Ready to Handover
aed 2,580,000
Request_call
Description

Distress Deal | 2-Bedroom Apartment for Sale in 29 Boulevard Tower 2, Downtown Dubai

Vacant 2BR | 1,112 Sqft | Community Views | 29 Boulevard T2, Downtown Dubai — AED 2,580,000

A motivated seller presents this distress opportunity in 29 Boulevard Tower 2, situated in the heart of Downtown Dubai, United Arab Emirates. The unit is a 2-bedroom, 3-bathroom apartment of 1,112 sqft, offered with immediate vacant possession and 1 dedicated parking space. Priced at AED 2,580,000 against an original asking price of AED 2,700,000, this represents a straightforward entry into one of Dubai’s most prestigious and liquid real estate addresses — ideal for end-users wanting to move in immediately and investors seeking strong rental income or capital appreciation.

Property Highlights

  • Project: 29 Boulevard Tower 2
  • Community: Downtown Dubai, Dubai, UAE
  • Property Type: Apartment
  • Bedrooms: 2
  • Bathrooms: 3
  • Size: 1,112 sqft
  • Floor Level: Available on request
  • View: Community Views
  • Parking: 1 Covered Parking Space
  • Occupancy: Vacant — immediate possession
  • Status: Distress Sale
  • Asking Price: AED 2,700,000
  • Last / Final Price: AED 2,580,000
  • Ownership: Freehold — open to all nationalities

About 29 Boulevard Tower 2 — Downtown Dubai

29 Boulevard is a landmark residential development by Emaar Properties, comprising two towers located on the iconic Mohammed Bin Rashid Boulevard in Downtown Dubai. The towers offer residents front-row access to the world-renowned Burj Khalifa district, The Dubai Mall, and the Dubai Fountain — placing them at the absolute epicentre of Dubai’s urban lifestyle. 29 Boulevard T2 is a well-established, sought-after building with a strong secondary market and consistent rental performance, making it one of the most recognised addresses in the emirate.

Community & Lifestyle

  • Located on Mohammed Bin Rashid Boulevard, Downtown Dubai’s prime pedestrian spine
  • Steps from The Dubai Mall, the world’s largest shopping mall
  • Direct views toward the Burj Khalifa and iconic Dubai skyline
  • Walking distance to Dubai Fountain and Burj Khalifa Lake
  • Vibrant F&B scene with world-class restaurants, cafés, and entertainment on the doorstep
  • Access to Dubai Metro (Burj Khalifa/Dubai Mall Station) for car-free commuting
  • Premium urban lifestyle favoured by professionals, executives, and international residents

Amenities

  • Shared outdoor swimming pool
  • Fully equipped gymnasium
  • Children’s play area
  • Lobby with 24-hour security and concierge
  • 1 covered reserved parking space
  • High-speed elevators
  • Building maintenance and facilities management
  • Direct access to Mohammed Bin Rashid Boulevard retail and dining
  • The Dubai Mall and Souk Al Bahar (short walk)
  • Dubai Opera (short walk)

Layout & Floor Plan

This well-proportioned 2-bedroom apartment spans 1,112 sqft across a practical layout featuring a generous open-plan living and dining area, two en-suite or well-served bedrooms, three bathrooms, a kitchen, and a balcony or terrace providing community views. The unit is vacant and available for immediate inspection. A detailed floor plan for this 2-bedroom unit in 29 Boulevard Tower 2, Downtown Dubai — including exact room dimensions, stack orientation, and unit number — is available on request.

Payment & Handover

This is a ready, vacant distress resale — the property is available for immediate transfer. Standard Dubai transfer costs apply: Dubai Land Department (DLD) transfer fee of 4% of the purchase price, a brokerage commission of 2%, and an NOC processing fee. A full transaction cost breakdown specific to this unit, including any outstanding service charges or maintenance fees, is available on request. Please contact us for a complete cost sheet.

Location & Connectivity

  • The Dubai Mall: Approximately 5 minutes on foot / 2 minutes by car
  • Burj Khalifa: Approximately 5–7 minutes on foot
  • Dubai Opera: Approximately 5 minutes on foot
  • Dubai Fountain: Approximately 5–8 minutes on foot
  • DIFC / Business Bay: Approximately 5–10 minutes by car
  • Dubai Marina: Approximately 20–25 minutes by car
  • Dubai International Airport (DXB): Approximately 15–20 minutes by car
  • Al Maktoum International Airport (DWC): Approximately 40 minutes by car
  • Metro Access: Burj Khalifa/Dubai Mall Metro Station (Red Line) — walking distance
  • Main Roads: Sheikh Zayed Road (E11) and Financial Centre Road within immediate reach

Why Invest in 29 Boulevard T2 / Downtown Dubai

  • Distress pricing: AED 120,000 below original asking price — immediate negotiated value for the buyer
  • Instant possession: Vacant unit allows immediate occupancy or rental, eliminating void periods
  • Emaar pedigree: Developed by Emaar Properties, guaranteeing build quality, brand trust, and long-term asset value
  • Prime Downtown location: Downtown Dubai consistently ranks among the highest rental-yield and capital-growth areas in the emirate
  • Strong rental demand: 2-bedroom units in Downtown Dubai command premium rents from corporate tenants, tourists, and long-term residents
  • Liquidity: One of the most actively traded submarkets in Dubai — resale and exit options are consistently available
  • Global landmark: Proximity to Burj Khalifa and The Dubai Mall drives sustained demand from international buyers and tenants
  • Freehold ownership: Eligible for UAE residency visa linked to property ownership thresholds

Frequently Asked Questions (FAQs)

What is the asking price for this 2-bedroom apartment in 29 Boulevard T2, Downtown Dubai?

The original asking price is AED 2,700,000. The seller’s last and final price is AED 2,580,000, representing a saving of AED 120,000 below the listed asking price. This is a motivated distress sale and the seller is ready to transact promptly.

Is this property ready and when can I take possession?

Yes. This is a ready, completed, and vacant property. Possession can be taken immediately upon transfer. There is no waiting period — the unit is available for occupancy or rental from day one of ownership.

Who is the developer of 29 Boulevard Tower 2?

29 Boulevard Tower 2 was developed by Emaar Properties, the UAE’s leading and most recognised real estate developer. Emaar is the force behind iconic projects including Burj Khalifa, The Dubai Mall, Downtown Dubai, and Dubai Hills Estate.

What is the size and bedroom/bathroom count of this apartment?

The apartment is a 2-bedroom, 3-bathroom unit spanning 1,112 sqft. The layout features an open-plan living and dining area, two bedrooms, three bathrooms, a kitchen, and balcony access with community views. The exact unit number, floor, and detailed floor plan are available on request.

What is the view and which floor is this apartment on?

The apartment enjoys community views, overlooking the landscaped surroundings and built environment of Downtown Dubai. The exact floor level and specific stack orientation for this unit are available on request — please contact us for full details including the precise outlook.

Is this property freehold and can all nationalities purchase it?

Yes. 29 Boulevard Tower 2 in Downtown Dubai is a freehold property, conferring full ownership rights on buyers of all nationalities. Property ownership in this price bracket in Dubai also qualifies buyers for a UAE residency visa, subject to current immigration authority requirements.

What amenities are available in 29 Boulevard T2 and Downtown Dubai?

Within the building: shared swimming pool, gymnasium, children’s play area, 24-hour security and concierge, and 1 covered reserved parking space. Within Downtown Dubai: The Dubai Mall, Dubai Fountain, Burj Khalifa, Dubai Opera, Souk Al Bahar, world-class dining on Mohammed Bin Rashid Boulevard, and the Burj Khalifa/Dubai Mall Metro Station for seamless citywide connectivity.

What are the transfer and purchase costs for this property?

At a purchase price of AED 2,580,000, buyers should budget for: Dubai Land Department (DLD) transfer fee of 4% (approximately AED 103,200), a brokerage commission of 2% (approximately AED 51,600), and an NOC processing fee. These are approximate indicative figures — a complete, itemised cost sheet for this specific unit including any outstanding service charges is available on request.

What is the rental yield and investment potential of this unit?

Downtown Dubai consistently delivers among the strongest gross rental yields in the emirate for 2-bedroom apartments, driven by sustained demand from corporate tenants, short-term holiday renters, and long-term international residents. The unit’s vacant status allows immediate rental deployment with no void period. Combined with the distress discount, investors acquire both built-in equity and day-one income potential. Specific ROI projections are available on request based on current comparable leasing data.

How can I get a floor plan, brochure, or arrange a viewing?

Full details for this 2-bedroom apartment in 29 Boulevard Tower 2, Downtown Dubai — including the exact floor plan, unit number, stack plan, service charge schedule, and a complete transaction cost breakdown — are available on request. As the unit is vacant, viewings can be arranged at short notice. Please contact us via WhatsApp, phone, or the enquiry form and our team will respond immediately.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

1 Reserved Parking
1 Reserved Parking
24-hour Concierge
24-hour Concierge
24-hour Security
24-hour Security
24x7 Security
24x7 Security
3 Bathrooms
3 Bathrooms
Balcony
Balcony
Children's Play Area
Children's Play Area
Community View
Community View
Covered Parking
Covered Parking
Freehold
Freehold
Gym
Gym
kids play area
kids play area
Metro Access
Metro Access
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Shared Gym
Shared Gym
Shared Pool
Shared Pool
Swimming Pool
Swimming Pool
Vacant
Vacant

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