2-bed · 1,530 sqft8 Boulevard Walk, Downtown Dubai · 17th floor · completed 2008

1703, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in October 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 15 October 2018
Last soldAED 1.75M15 October 2018
Current rentAED 90K /yr18 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, 8 Boulevard Walk

What is 1703 worth today?

Last sold for AED 1,750,000 in 2018

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15 Oct 2018SoldReady
AED 1,750,000AED 1,143 per sqft
18 Jun 2018RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
15 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 95 per sqft
15 Nov 2013RentedNew contract
AED 129,640/yr12 months · AED 85 per sqft
15 Nov 2012RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
20 Jul 2011Sold by developerReady
AED 1,342,888AED 877 per sqft

Source: Dubai Land Department. Updated 15 October 2018.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
17th of 35
Parking
L1-382
Developer
Emaar
Completed
2008
Service charge
AED 32,100 /yr
Last sold
AED 1.75M · October 2018

About 1703, 8 Boulevard Walk

1703 is a two-bedroom apartment of 1,530 sqft on the 17th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 October 2018 for AED 1,750,000, or AED 1,143 per sqft, in line with the AED 1,132 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 18 June 2018, is AED 90,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 32,100 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, July 2011: AED 1,342,888 (AED 877 per sqft)Sold, October 2018: AED 1,750,000 (AED 1,143 per sqft)

1703 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1703, 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, November 2012: AED 120,000 a yearNew contract, November 2013: AED 129,640 a yearNew contract, November 2014: AED 145,000 a yearNew contract, June 2018: AED 90,000 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 1703 sits

All 99 2-beds →

1703 last sold in October 2018 at AED 1,143 per sqft, in line with what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,132). 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. 1703's AED 90,000 is at the bottom 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 17th floor

All 347 units in 8 Boulevard Walk
Value
17012-bedAED 1.85M · Jul 2022
17022-bedAED 1.95M · Apr 2018
17041-bedAED 1.65M · Jul 2024
17051-bedAED 1.5M · May 2024
17061-bedAED 1.4M · Jul 2024
17071-bedAED 920K · Mar 2020
1708StudioAED 1.25M · Jul 2025
1–7 of 10

1703, 8 Boulevard Walk in numbers

  • Sold twice: first on 20 July 2011 for AED 1,342,888, last on 15 October 2018 for AED 1,750,000 (AED 1,143 per sqft).
  • Rented since November 2012 on 4 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2018 price is 5.1%, 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 15 October 2018.

Questions about 1703, 8 Boulevard Walk

What did unit 1703 last sell for?

AED 1,750,000 on 15 October 2018: AED 1,143 per sqft for 1,530 sqft. The unit has 2 registered sales; the first was AED 1,342,888 in July 2011.

What is the rent for unit 1703?

AED 90,000 a year on the contract signed on 18 June 2018. The previous contract, from November 2014, was AED 145,000; the unit has been rented since November 2012.

How big is unit 1703?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 17th floor of a 35-storey tower completed in 2008.

What is unit 1703 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 1703, 8 Boulevard Walk

Starts from the last sale price (AED 1.75M, 15 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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