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Studio · 274 sqft8 Boulevard Walk, Downtown Dubai · 20th floor · completed 2008

2008, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in March 2022, and rented once, from January 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 29 March 2022
Last soldAED 300K29 March 2022
Current rentAED 80K /yr16 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2008, 8 Boulevard Walk

What is 2008 worth today?

Last sold for AED 300,000 in 2022

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29 Mar 2022SoldReady
AED 300,000AED 1,096 per sqft
4 Feb 2016SoldReady
AED 920,000AED 1,694 per sqft
16 Jan 2015RentedNew contract
AED 80,000/yr12 months · AED 149 per sqft
26 Apr 2009Sold by developerReady
AED 554,888AED 1,021 per sqft

Source: Dubai Land Department. Updated 29 March 2022.

Key facts

Type
Studio apartment
Size
274 sqft
Floor
20th of 35
Parking
B2-030
Developer
Emaar
Completed
2008
Service charge
AED 5,700 /yr
Last sold
AED 300K · March 2022
Building
8 Boulevard Walk

About 2008, 8 Boulevard Walk

2008 is a studio of 274 sqft on the 20th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 March 2022 for AED 300,000, or AED 1,096 per sqft, 22% below the AED 1,399 studios in the building were fetching at the time.

One Ejari contract is registered, from 16 January 2015. The current contract, signed on 16 January 2015, is AED 80,000 a year: a gross yield of 26.7% on the 2022 price, before the service charge of about AED 5,700 a year.

Sales and rents for 2008 over time

Sales
Unit 2008, 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, April 2009: AED 554,888 (AED 1,021 per sqft)Sold, February 2016: AED 920,000 (AED 1,694 per sqft)Sold, March 2022: AED 300,000 (AED 1,096 per sqft)

2008 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2008, 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, January 2015: AED 80,000 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 2008 sits

All 64 studios →

2008 last sold in March 2022 at AED 1,096 per sqft, 22% below what studios in 8 Boulevard Walk were fetching at the time (AED 1,399). 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. 2008's AED 80,000 is in the upper 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 20th floor

All 347 units in 8 Boulevard Walk
Value
20012-bedAED 1.32M · Dec 2008
20022-bedAED 2.45M · Nov 2022
20032-bedAED 1.66M · Apr 2018
20041-bedAED 1.78M · Apr 2025
20051-bedAED 1.25M · Oct 2012
20061-bedAED 1.63M · May 2014
20071-bedAED 1.65M · Mar 2014
1–7 of 10

2008, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 26 April 2009 for AED 554,888, last on 29 March 2022 for AED 300,000 (AED 1,096 per sqft).
  • Rented since January 2015 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 26.7%, before a service charge of about AED 5,700 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 29 March 2022.

Questions about 2008, 8 Boulevard Walk

What did unit 2008 last sell for?

AED 300,000 on 29 March 2022: AED 1,096 per sqft for 274 sqft. The unit has 3 registered sales; the first was AED 554,888 in April 2009.

What is the rent for unit 2008?

AED 80,000 a year on the contract signed on 16 January 2015.

How big is unit 2008?

274 sqft (25.5 sqm): a studio on the 20th floor of a 35-storey tower completed in 2008.

What is unit 2008 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 2008, 8 Boulevard Walk

Starts from the last sale price (AED 300K, 29 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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