2-bed · 1,726 sqft8 Boulevard Walk, Downtown Dubai · 14th floor · completed 2008

1402, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in September 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 28 September 2017
Last soldAED 2.1M28 September 2017
Current rentAED 170K /yr1 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, 8 Boulevard Walk

What is 1402 worth today?

Last sold for AED 2,100,000 in 2017

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28 Sep 2017SoldReady
AED 2,100,000AED 1,216 per sqft
1 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
1 Jul 2015RentedNew contract
AED 170,000/yr12 months · AED 99 per sqft
22 May 2014RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft
22 May 2013RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
11 May 2010Sold by developerReady
AED 1,469,888AED 851 per sqft

Source: Dubai Land Department. Updated 28 September 2017.

Key facts

Type
2-bed apartment
Size
1,726 sqft
Floor
14th of 35
Parking
B2-164
Developer
Emaar
Completed
2008
Service charge
AED 36,200 /yr
Last sold
AED 2.1M · September 2017

About 1402, 8 Boulevard Walk

1402 is a two-bedroom apartment of 1,726 sqft on the 14th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 September 2017 for AED 2,100,000, or AED 1,216 per sqft, in line with the AED 1,202 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 June 2016, is AED 170,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 36,200 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, May 2010: AED 1,469,888 (AED 851 per sqft)Sold, September 2017: AED 2,100,000 (AED 1,216 per sqft)

1402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, 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, May 2013: AED 125,000 a yearNew contract, May 2014: AED 160,000 a yearNew contract, July 2015: AED 170,000 a yearNew contract, June 2016: AED 170,000 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 1402 sits

All 99 2-beds →

1402 last sold in September 2017 at AED 1,216 per sqft, in line with what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,202). 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. 1402's AED 170,000 is in the lower half 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 14th floor

All 347 units in 8 Boulevard Walk
Value
14012-bedAED 1.28M · Mar 2009
14032-bedAED 1.41M · Jan 2011
14041-bedAED 1.93M · Feb 2026
14051-bedAED 740K · Jun 2010
14061-bedAED 1.55M · Apr 2026
14071-bedAED 1.03M · Sep 2012
1408StudioAED 537K · Apr 2013
1–7 of 10

1402, 8 Boulevard Walk in numbers

  • Sold twice: first on 11 May 2010 for AED 1,469,888, last on 28 September 2017 for AED 2,100,000 (AED 1,216 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 125,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 8.1%, 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 28 September 2017.

Questions about 1402, 8 Boulevard Walk

What did unit 1402 last sell for?

AED 2,100,000 on 28 September 2017: AED 1,216 per sqft for 1,726 sqft. The unit has 2 registered sales; the first was AED 1,469,888 in May 2010.

What is the rent for unit 1402?

AED 170,000 a year on the contract signed on 1 June 2016. The previous contract, from July 2015, was AED 170,000; the unit has been rented since May 2013.

How big is unit 1402?

1,726 sqft (160.4 sqm): a two-bedroom apartment on the 14th floor of a 35-storey tower completed in 2008.

What is unit 1402 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 1402, 8 Boulevard Walk

Starts from the last sale price (AED 2.1M, 28 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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