Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 16th floor · completed 2008

1609, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 850K6 April 2023
Current rentAED 68K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, 8 Boulevard Walk

What is 1609 worth today?

Last sold for AED 850,000 in 2023

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10 Mar 2026RentedRenewal
AED 68,250/yr12 months · AED 126 per sqft
10 Mar 2025RentedNew contract
AED 65,000/yr12 months · AED 120 per sqft
28 Nov 2023RentedRenewal
AED 67,000/yr12 months · AED 123 per sqft
6 Apr 2023SoldReady
AED 850,000AED 1,565 per sqft
28 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 120 per sqft
1 Nov 2021RentedNew contract
AED 46,000/yr12 months · AED 85 per sqft
10 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft
1 Aug 2019RentedNew contract
AED 48,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
16th of 35
Parking
B2-037
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 850K · April 2023

About 1609, 8 Boulevard Walk

1609 is a studio of 543 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 6 April 2023 for AED 850,000, or AED 1,565 per sqft, 6% above the AED 1,473 studios in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 68,250 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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, April 2023: AED 850,000 (AED 1,565 per sqft)

1609 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1609, 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, November 2012: AED 55,000 a yearNew contract, February 2015: AED 80,000 a yearNew contract, March 2016: AED 73,000 a yearRenewal, March 2017: AED 71,000 a yearNew contract, April 2019: AED 50,000 a yearNew contract, August 2019: AED 48,000 a yearNew contract, October 2020: AED 40,000 a yearNew contract, November 2021: AED 46,000 a yearNew contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 67,000 a yearNew contract, March 2025: AED 65,000 a yearRenewal, March 2026: AED 68,250 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 1609 sits

All 64 studios →

1609 last sold in April 2023 at AED 1,565 per sqft, 6% above what studios in 8 Boulevard Walk were fetching at the time (AED 1,473). 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. 1609's AED 68,250 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 16th floor

All 347 units in 8 Boulevard Walk
Value
16012-bedAED 2.48M · Jul 2025
16022-bedAED 2M · Jun 2022
16032-bedAED 1.92M · Nov 2021
16041-bedAED 1.6M · Dec 2023
16051-bedAED 1.27M · Oct 2013
16061-bedAED 1.7M · Nov 2025
16071-bedAED 855K · Feb 2013
1–7 of 10

1609, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 5 July 2010 for AED 271,444, last on 6 April 2023 for AED 850,000 (AED 1,565 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 40,000 in 2020 and recovered to AED 68,250 by March 2026.
  • At AED 68,250 a year the gross yield on the 2023 price is 8.0%, 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 10 March 2026.

Questions about 1609, 8 Boulevard Walk

What did unit 1609 last sell for?

AED 850,000 on 6 April 2023: AED 1,565 per sqft for 543 sqft. The unit has 3 registered sales; the first was AED 271,444 in July 2010.

What is the rent for unit 1609?

AED 68,250 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 65,000; the unit has been rented since November 2012.

How big is unit 1609?

543 sqft (50.4 sqm): a studio on the 16th floor of a 35-storey tower completed in 2008.

What is unit 1609 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 1609, 8 Boulevard Walk

Starts from the last sale price (AED 850K, 6 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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