2-bed · 1,530 sqft8 Boulevard Walk, Downtown Dubai · 16th floor · completed 2008

1603, 8 Boulevard Walk

Sold prices and rental history: sold 7 times, last in November 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 18 July 2025
Last soldAED 1.92M3 November 2021
Current rentAED 130K /yr18 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, 8 Boulevard Walk

What is 1603 worth today?

Last sold for AED 1,915,000 in 2021

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18 Jul 2025RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
18 Jul 2025RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
1 Jan 2024RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
15 Jan 2023RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
3 Nov 2021SoldReady
AED 1,915,000AED 1,251 per sqft
15 Jan 2021RentedNew contract
AED 82,500/yr12 months · AED 54 per sqft
19 Aug 2020SoldReady
AED 1,000,000AED 653 per sqft
10 Jul 2020RentedNew contract
AED 93,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 18 July 2025.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
16th of 35
Parking
L3-339
Developer
Emaar
Completed
2008
Service charge
AED 32,100 /yr
Last sold
AED 1.92M · November 2021

About 1603, 8 Boulevard Walk

1603 is a two-bedroom apartment of 1,530 sqft on the 16th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 3 November 2021 for AED 1,915,000, or AED 1,251 per sqft, 36% above the AED 920 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 18 July 2025, is AED 130,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 32,100 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, 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 2012: AED 905,944 (AED 592 per sqft)Sold, June 2013: AED 1,225,000 (AED 800 per sqft)Sold, December 2014: AED 2,900,000 (AED 1,895 per sqft)Sold, August 2015: AED 2,900,000 (AED 1,895 per sqft)Sold, January 2020: AED 1,400,000 (AED 915 per sqft)Sold, August 2020: AED 1,000,000 (AED 653 per sqft)Sold, November 2021: AED 1,915,000 (AED 1,251 per sqft)

1603 has sold 7 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, 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, July 2018: AED 105,000 a yearRenewal, July 2019: AED 105,000 a yearNew contract, July 2020: AED 93,000 a yearNew contract, January 2021: AED 82,500 a yearNew contract, January 2023: AED 90,000 a yearNew contract, January 2024: AED 140,000 a yearNew contract, July 2025: AED 130,000 a yearNew contract, July 2025: AED 130,000 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 1603 sits

All 99 2-beds →

1603 last sold in November 2021 at AED 1,251 per sqft, 36% above what two-beds in 8 Boulevard Walk were fetching at the time (AED 920). 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. 1603's AED 130,000 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 16th floor

All 347 units in 8 Boulevard Walk
Value
16012-bedAED 2.48M · Jul 2025
16022-bedAED 2M · Jun 2022
16041-bedAED 1.6M · Dec 2023
16051-bedAED 1.27M · Oct 2013
16061-bedAED 1.7M · Nov 2025
16071-bedAED 855K · Feb 2013
1608StudioAED 1.07M · Feb 2024
1–7 of 10

1603, 8 Boulevard Walk in numbers

  • Sold 7 times: first on 11 June 2012 for AED 905,944, last on 3 November 2021 for AED 1,915,000 (AED 1,251 per sqft).
  • Rented since July 2018 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 82,500 in 2021 and recovered to AED 130,000 by July 2025.
  • At AED 130,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 32,100 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 18 July 2025.

Questions about 1603, 8 Boulevard Walk

What did unit 1603 last sell for?

AED 1,915,000 on 3 November 2021: AED 1,251 per sqft for 1,530 sqft. The unit has 7 registered sales; the first was AED 905,944 in June 2012.

What is the rent for unit 1603?

AED 130,000 a year on the contract signed on 18 July 2025. The previous contract, from July 2025, was AED 130,000; the unit has been rented since July 2018.

How big is unit 1603?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 16th floor of a 35-storey tower completed in 2008.

What is unit 1603 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 1603, 8 Boulevard Walk

Starts from the last sale price (AED 1.92M, 3 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,915,000
Deposit, UAE resident (20%)
AED 383,000
Deposit, non-resident (40%)
AED 766,000
Monthly over 25 years at 3.7%
AED 7,835

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