2-bed · 1,530 sqft8 Boulevard Walk, Downtown Dubai · 18th floor · completed 2008

1803, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1803 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 2.25M27 February 2024
Current rentAED 170K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1803, 8 Boulevard Walk

What is 1803 worth today?

Last sold for AED 2,250,000 in 2024

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25 Sep 2024RentedNew contract
AED 170,000/yr12 months · AED 111 per sqft
27 Feb 2024SoldReady
AED 2,250,000AED 1,470 per sqft
10 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
10 Mar 2022RentedNew contract
AED 180,000/yr12 months · AED 118 per sqft
7 Jan 2022Sold by developerReady
AED 1,200,000AED 784 per sqft
19 Jun 2017RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
26 Mar 2015RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
18th of 35
Parking
L1-383
Developer
Emaar
Completed
2008
Service charge
AED 32,100 /yr
Last sold
AED 2.25M · February 2024

About 1803, 8 Boulevard Walk

1803 is a two-bedroom apartment of 1,530 sqft on the 18th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 27 February 2024 for AED 2,250,000, or AED 1,470 per sqft, in line with the AED 1,429 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 25 September 2024, is AED 170,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 32,100 a year.

Sales and rents for 1803 over time

Sales
Unit 1803, 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, January 2022: AED 1,200,000 (AED 784 per sqft)Sold, February 2024: AED 2,250,000 (AED 1,470 per sqft)

1803 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1803, 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, March 2015: AED 150,000 a yearNew contract, June 2017: AED 130,000 a yearNew contract, March 2022: AED 180,000 a yearNew contract, October 2023: AED 120,000 a yearNew contract, September 2024: AED 170,000 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 1803 sits

All 99 2-beds →

1803 last sold in February 2024 at AED 1,470 per sqft, in line with what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,429). 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. 1803's AED 170,000 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 18th floor

All 347 units in 8 Boulevard Walk
Value
18012-bedAED 2.2M · Jan 2017
18022-bedAED 1.95M · Apr 2018
18041-bedAED 1.11M · Jun 2010
18051-bedAED 1.35M · Oct 2026
18061-bedAED 400K · Apr 2021
18071-bedAED 431K · Aug 2009
1808StudioAED 450K · Apr 2010
1–7 of 10

1803, 8 Boulevard Walk in numbers

  • Sold twice: first on 7 January 2022 for AED 1,200,000, last on 27 February 2024 for AED 2,250,000 (AED 1,470 per sqft).
  • Rented since March 2015 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2023 and recovered to AED 170,000 by September 2024.
  • At AED 170,000 a year the gross yield on the 2024 price is 7.6%, 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 25 September 2024.

Questions about 1803, 8 Boulevard Walk

What did unit 1803 last sell for?

AED 2,250,000 on 27 February 2024: AED 1,470 per sqft for 1,530 sqft. The unit has 2 registered sales; the first was AED 1,200,000 in January 2022.

What is the rent for unit 1803?

AED 170,000 a year on the contract signed on 25 September 2024. The previous contract, from October 2023, was AED 120,000; the unit has been rented since March 2015.

How big is unit 1803?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 18th floor of a 35-storey tower completed in 2008.

What is unit 1803 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 1803, 8 Boulevard Walk

Starts from the last sale price (AED 2.25M, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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