2-bed · 1,726 sqft8 Boulevard Walk, Downtown Dubai · 10th floor · completed 2008

1002, 8 Boulevard Walk

Sold prices and rental history: sold 4 times, last in June 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 2M24 June 2022
Current rentAED 90K /yr17 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, 8 Boulevard Walk

What is 1002 worth today?

Last sold for AED 2,000,000 in 2022

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24 Jun 2022SoldReady
AED 2,000,000AED 1,158 per sqft
17 Oct 2021RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
17 Oct 2020RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
17 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
6 Aug 2019SoldReady
AED 1,550,000AED 898 per sqft
25 May 2018RentedRenewal
AED 135,000/yr12 months · AED 78 per sqft
25 May 2017RentedNew contract
AED 135,000/yr12 months · AED 78 per sqft
1 Dec 2014RentedNew contract
AED 168,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
2-bed apartment
Size
1,726 sqft
Floor
10th of 35
Parking
B1-123
Developer
Emaar
Completed
2008
Service charge
AED 36,200 /yr
Last sold
AED 2M · June 2022

About 1002, 8 Boulevard Walk

1002 is a two-bedroom apartment of 1,726 sqft on the 10th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 June 2022 for AED 2,000,000, or AED 1,158 per sqft, 8% above the AED 1,071 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 17 October 2021, is AED 90,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 36,200 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in 8 Boulevard Walk
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,536,888; 2010 AED 1,497,888; 2011 AED 1,403,888; 2012 AED 1,700,000; 2013 AED 2,199,944; 2014 AED 2,850,000; 2015 AED 2,415,000; 2016 AED 2,335,000; 2017 AED 2,100,000; 2018 AED 1,900,000; 2019 AED 1,430,000; 2020 AED 1,200,000; 2021 AED 1,530,000; 2022 AED 1,850,000; 2023 AED 2,075,000; 2024 AED 2,550,000; 2025 AED 2,550,000; 2026 AED 3,000,000Sold by developer, June 2010: AED 1,413,012 (AED 818 per sqft)Sold, May 2013: AED 2,650,000 (AED 1,535 per sqft)Sold, August 2019: AED 1,550,000 (AED 898 per sqft)Sold, June 2022: AED 2,000,000 (AED 1,158 per sqft)

1002 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in 8 Boulevard Walk
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 125,000; 2014 AED 148,500; 2015 AED 160,000; 2016 AED 150,000; 2017 AED 132,500; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 91,500; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 121,440; 2024 AED 157,527; 2025 AED 160,000; 2026 AED 149,400New contract, March 2012: AED 125,000 a yearNew contract, June 2013: AED 155,000 a yearNew contract, June 2014: AED 162,750 a yearNew contract, December 2014: AED 168,000 a yearNew contract, May 2017: AED 135,000 a yearRenewal, May 2018: AED 135,000 a yearNew contract, October 2019: AED 90,000 a yearRenewal, October 2020: AED 90,000 a yearRenewal, October 2021: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 8 Boulevard Walk, and where 1002 sits

All 99 2-beds →

1002 last sold in June 2022 at AED 1,158 per sqft, 8% above what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,071). Over the last 12 months two-beds sold for AED 2,500,000 to 3,100,000, around AED 1,738 per sqft, and rent for AED 115,000 to 315,000 a year. 1002's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20263,000,000
17 Apr 20263,100,000
12 Mar 20262,500,000
7 Nov 20252,525,000
3 2-bed sales in the last 12 months

8 Boulevard Walk

Building

347 apartments, studios to 2-bed over 35 floors in Downtown Dubai, completed in 2008 by Emaar. 28 sold in the last 12 months.

Typical price per sqft
AED 1,783 Up 7.0%
Typical sale
AED 1.65M
Typical rent
AED 104K /yr
Typical yield
5.9%
8 Boulevard Walk, Downtown Dubai: prices, sales and rents →

Other units on the 10th floor

All 347 units in 8 Boulevard Walk
Value
10012-bedAED 1.2M · May 2020
10032-bedAED 2.85M · Dec 2024
10041-bedAED 2.1M · Apr 2014
10051-bedAED 1.2M · Feb 2013
10061-bedAED 722K · Jun 2010
10071-bedAED 815K · Dec 2012
1008StudioAED 700K · Nov 2012
1–7 of 10

1002, 8 Boulevard Walk in numbers

  • Sold 4 times: first on 14 June 2010 for AED 1,413,012, last on 24 June 2022 for AED 2,000,000 (AED 1,158 per sqft).
  • Rented since March 2012 on 9 Ejari contracts, from AED 125,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 36,200 a year (AED 21.00 per sqft).
  • Two-beds in 8 Boulevard Walk sold for AED 2,500,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,783 per sqft.

Source: Dubai Land Department. Updated 24 June 2022.

Questions about 1002, 8 Boulevard Walk

What did unit 1002 last sell for?

AED 2,000,000 on 24 June 2022: AED 1,158 per sqft for 1,726 sqft. The unit has 4 registered sales; the first was AED 1,413,012 in June 2010.

What is the rent for unit 1002?

AED 90,000 a year on the contract renewed on 17 October 2021. The previous contract, from October 2020, was AED 90,000; the unit has been rented since March 2012.

How big is unit 1002?

1,726 sqft (160.4 sqm): a two-bedroom apartment on the 10th floor of a 35-storey tower completed in 2008.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 8 Boulevard Walk sold for AED 2,500,000 to 3,100,000 in the last 12 months, around AED 1,738 per sqft.

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Mortgage on 1002, 8 Boulevard Walk

Starts from the last sale price (AED 2M, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →