Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 14th floor · completed 2008

1409, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 537K13 January 2013
Current rentAED 68K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, 8 Boulevard Walk

What is 1409 worth today?

Last sold for AED 536,888 in 2013

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3 Jan 2026RentedRenewal
AED 68,000/yr12 months · AED 126 per sqft
3 Jan 2025RentedNew contract
AED 68,000/yr12 months · AED 126 per sqft
4 Nov 2023RentedRenewal
AED 70,000/yr12 months · AED 130 per sqft
4 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
10 Mar 2022RentedRenewal
AED 41,000/yr12 months · AED 76 per sqft
10 Mar 2021RentedNew contract
AED 37,000/yr12 months · AED 69 per sqft
16 Sep 2019RentedRenewal
AED 58,000/yr12 months · AED 108 per sqft
16 Sep 2018RentedRenewal
AED 58,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
14th of 35
Parking
B2-041
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 537K · January 2013

About 1409, 8 Boulevard Walk

1409 is a studio of 543 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 13 January 2013 for AED 536,888, or AED 988 per sqft, 11% below the AED 1,104 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 68,000 a year: a gross yield of 12.7% on the 2013 price, before the service charge of about AED 11,400 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, each saleTypical studio in 8 Boulevard Walk
500K1M2009201420192024Typical sale price by year: 2009 AED 557,888; 2010 AED 575,536; 2011 AED 525,000; 2012 AED 599,944; 2013 AED 772,500; 2014 AED 1,101,250; 2015 AED 1,062,500; 2016 AED 935,000; 2017 AED 890,000; 2018 AED 750,000; 2022 AED 750,000; 2023 AED 900,000; 2024 AED 970,000; 2025 AED 1,175,000; 2026 AED 1,110,000Sold by developer, January 2013: AED 536,888 (AED 988 per sqft)

1409 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1409, each contractTypical studio in 8 Boulevard Walk
40K60K80K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 75,000; 2016 AED 73,000; 2017 AED 67,000; 2018 AED 59,500; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 52,900; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 73,000; 2026 AED 67,500New contract, August 2014: AED 77,000 a yearNew contract, September 2017: AED 70,000 a yearRenewal, September 2018: AED 58,000 a yearRenewal, September 2019: AED 58,000 a yearNew contract, March 2021: AED 37,000 a yearRenewal, March 2022: AED 41,000 a yearNew contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 70,000 a yearNew contract, January 2025: AED 68,000 a yearRenewal, January 2026: AED 68,000 a year

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

Studios in 8 Boulevard Walk, and where 1409 sits

All 64 studios →

1409 last sold in January 2013 at AED 988 per sqft, 11% below what studios in 8 Boulevard Walk were fetching at the time (AED 1,104). Over the last 12 months studios sold for AED 1,060,000 to 1,280,000, around AED 2,044 per sqft, and rent for AED 55,000 to 105,000 a year. 1409's AED 68,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Aug 20261,060,000
6 May 20261,200,000
25 Apr 20261,110,000
6 Mar 20261,280,000
5 studio 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
14051-bedAED 740K · Jun 2010
14061-bedAED 1.55M · Apr 2026
14071-bedAED 1.03M · Sep 2012
1–7 of 10

1409, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 13 January 2013 for AED 536,888, or AED 988 per sqft.
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 77,000 to AED 37,000 in 2021 and recovered to AED 68,000 by January 2026.
  • At AED 68,000 a year the gross yield on the 2013 price is 12.7%, before a service charge of about AED 11,400 a year (AED 21.00 per sqft).
  • Studios in 8 Boulevard Walk sold for AED 1,060,000–1,280,000 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 3 January 2026.

Questions about 1409, 8 Boulevard Walk

What did unit 1409 last sell for?

AED 536,888 on 13 January 2013, sold by the developer: AED 988 per sqft for 543 sqft. It is the only registered sale of the unit.

What is the rent for unit 1409?

AED 68,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 68,000; the unit has been rented since August 2014.

How big is unit 1409?

543 sqft (50.4 sqm): a studio on the 14th floor of a 35-storey tower completed in 2008.

What is unit 1409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in 8 Boulevard Walk sold for AED 1,060,000 to 1,280,000 in the last 12 months, around AED 2,044 per sqft.

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Mortgage on 1409, 8 Boulevard Walk

Starts from the last sale price (AED 537K, 13 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 536,888
Deposit, UAE resident (20%)
AED 107,378
Deposit, non-resident (40%)
AED 214,755
Monthly over 25 years at 3.7%
AED 2,197

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