1-bed · 936 sqft8 Boulevard Walk, Downtown Dubai · 14th floor · completed 2008

1405, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 740K14 June 2010
Current rentAED 95K /yr27 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, 8 Boulevard Walk

What is 1405 worth today?

Last sold for AED 739,888 in 2010

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27 Dec 2024RentedRenewal
AED 94,500/yr12 months · AED 101 per sqft
27 Dec 2024RentedRenewal
AED 94,500/yr12 months · AED 101 per sqft
27 Dec 2023RentedRenewal
AED 90,000/yr12 months · AED 96 per sqft
27 Dec 2022RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
20 Mar 2022RentedNew contract
AED 68,000/yr12 months · AED 73 per sqft
1 Mar 2021RentedNew contract
AED 54,000/yr12 months · AED 58 per sqft
15 Feb 2020RentedRenewal
AED 70,000/yr12 months · AED 75 per sqft
15 Feb 2019RentedRenewal
AED 72,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
14th of 35
Parking
L3-278
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 740K · June 2010

About 1405, 8 Boulevard Walk

1405 is a one-bedroom apartment of 936 sqft on the 14th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 14 June 2010 for AED 739,888, or AED 790 per sqft, 7% below the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 27 December 2024, is AED 94,500 a year: a gross yield of 12.8% on the 2010 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical one-bed in 8 Boulevard Walk
1M1.5M2008201320182023Typical sale price by year: 2008 AED 771,888; 2009 AED 929,888; 2010 AED 833,888; 2011 AED 816,388; 2012 AED 924,444; 2013 AED 1,170,000; 2014 AED 1,625,000; 2015 AED 1,485,000; 2016 AED 1,275,000; 2017 AED 1,340,000; 2018 AED 1,148,433; 2019 AED 900,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,050,000; 2023 AED 1,425,000; 2024 AED 1,545,000; 2025 AED 1,620,000; 2026 AED 1,687,500Sold by developer, June 2010: AED 739,888 (AED 790 per sqft)

1405 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1405, each contractTypical one-bed in 8 Boulevard Walk
50K75K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 82,000; 2014 AED 95,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 87,000; 2018 AED 77,000; 2019 AED 72,750; 2020 AED 64,500; 2021 AED 60,081; 2022 AED 71,500; 2023 AED 87,050; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 100,000New contract, January 2014: AED 100,000 a yearNew contract, January 2015: AED 100,000 a yearRenewal, January 2016: AED 105,000 a yearNew contract, February 2017: AED 90,000 a yearRenewal, February 2018: AED 90,000 a yearRenewal, February 2019: AED 72,000 a yearRenewal, February 2020: AED 70,000 a yearNew contract, March 2021: AED 54,000 a yearNew contract, March 2022: AED 68,000 a yearNew contract, December 2022: AED 90,000 a yearRenewal, December 2023: AED 90,000 a yearRenewal, December 2024: AED 94,500 a yearRenewal, December 2024: AED 94,500 a year

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

1-beds in 8 Boulevard Walk, and where 1405 sits

All 184 1-beds →

1405 last sold in June 2010 at AED 790 per sqft, 7% below what one-beds in 8 Boulevard Walk were fetching at the time (AED 848). Over the last 12 months one-beds sold for AED 1,350,000 to 2,100,000, around AED 1,708 per sqft, and rent for AED 69,750 to 149,555 a year. 1405's AED 94,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,430,000
27 Oct 20261,850,000
14 Oct 20261,350,000
16 Sep 20261,525,000
20 1-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
14022-bedAED 2.1M · Sep 2017
14032-bedAED 1.41M · Jan 2011
14041-bedAED 1.93M · Feb 2026
14061-bedAED 1.55M · Apr 2026
14071-bedAED 1.03M · Sep 2012
1408StudioAED 537K · Apr 2013
1–7 of 10

1405, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 14 June 2010 for AED 739,888, or AED 790 per sqft.
  • Rented since January 2014 on 13 Ejari contracts. The rent fell from AED 100,000 to AED 54,000 in 2021 and recovered to AED 94,500 by December 2024.
  • At AED 94,500 a year the gross yield on the 2010 price is 12.8%, before a service charge of about AED 19,700 a year (AED 21.00 per sqft).
  • One-beds in 8 Boulevard Walk sold for AED 1,350,000–2,100,000 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 27 December 2024.

Questions about 1405, 8 Boulevard Walk

What did unit 1405 last sell for?

AED 739,888 on 14 June 2010, sold by the developer: AED 790 per sqft for 936 sqft. It is the only registered sale of the unit.

What is the rent for unit 1405?

AED 94,500 a year on the contract renewed on 27 December 2024. The previous contract, from December 2024, was AED 94,500; the unit has been rented since January 2014.

How big is unit 1405?

936 sqft (87.0 sqm): a one-bedroom apartment on the 14th floor of a 35-storey tower completed in 2008.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 8 Boulevard Walk sold for AED 1,350,000 to 2,100,000 in the last 12 months, around AED 1,708 per sqft.

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Mortgage on 1405, 8 Boulevard Walk

Starts from the last sale price (AED 740K, 14 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 739,888
Deposit, UAE resident (20%)
AED 147,978
Deposit, non-resident (40%)
AED 295,955
Monthly over 25 years at 3.7%
AED 3,027

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