Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 15th floor · completed 2008

1509, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 540K15 March 2009
Current rentAED 75K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, 8 Boulevard Walk

What is 1509 worth today?

Last sold for AED 539,888 in 2009

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15 Oct 2025RentedNew contract
AED 75,000/yr12 months · AED 138 per sqft
6 Jun 2024RentedNew contract
AED 72,000/yr12 months · AED 133 per sqft
2 Oct 2023RentedNew contract
AED 70,000/yr12 months · AED 129 per sqft
1 Jan 2023RentedRenewal
AED 50,600/yr12 months · AED 93 per sqft
1 Jan 2022RentedRenewal
AED 46,000/yr12 months · AED 85 per sqft
1 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft
14 Feb 2020RentedNew contract
AED 49,000/yr12 months · AED 91 per sqft
1 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 102 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
15th of 35
Parking
B2-039
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 540K · March 2009

About 1509, 8 Boulevard Walk

1509 is a studio of 543 sqft on the 15th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 15 March 2009 for AED 539,888, or AED 994 per sqft.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 15 October 2025, is AED 75,000 a year: a gross yield of 13.9% on the 2009 price, before the service charge of about AED 11,400 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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, March 2009: AED 539,888 (AED 994 per sqft)

1509 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1509, 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, September 2013: AED 65,175 a yearNew contract, September 2015: AED 75,000 a yearNew contract, May 2016: AED 70,000 a yearRenewal, May 2017: AED 70,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, February 2020: AED 49,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 46,000 a yearRenewal, January 2023: AED 50,600 a yearNew contract, October 2023: AED 70,000 a yearNew contract, June 2024: AED 72,000 a yearNew contract, October 2025: AED 75,000 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 1509 sits

All 64 studios →

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. 1509's AED 75,000 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 15th floor

All 347 units in 8 Boulevard Walk
Value
15012-bedAED 2.7M · Sep 2014
15022-bedAED 2.6M · Mar 2025
15032-bedAED 1.95M · Mar 2023
15041-bedAED 2.01M · Oct 2023
15051-bedAED 1.51M · Oct 2025
15061-bedAED 756K · Mar 2009
15071-bedAED 1.33M · Apr 2024
1–7 of 10

1509, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 15 March 2009 for AED 539,888, or AED 994 per sqft.
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 65,175 to AED 40,000 in 2021 and recovered to AED 75,000 by October 2025.
  • At AED 75,000 a year the gross yield on the 2009 price is 13.9%, 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 15 October 2025.

Questions about 1509, 8 Boulevard Walk

What did unit 1509 last sell for?

AED 539,888 on 15 March 2009, sold by the developer: AED 994 per sqft for 543 sqft. It is the only registered sale of the unit.

What is the rent for unit 1509?

AED 75,000 a year on the contract signed on 15 October 2025. The previous contract, from June 2024, was AED 72,000; the unit has been rented since September 2013.

How big is unit 1509?

543 sqft (50.4 sqm): a studio on the 15th floor of a 35-storey tower completed in 2008.

What is unit 1509 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 1509, 8 Boulevard Walk

Starts from the last sale price (AED 540K, 15 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 539,888
Deposit, UAE resident (20%)
AED 107,978
Deposit, non-resident (40%)
AED 215,955
Monthly over 25 years at 3.7%
AED 2,209

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