2-bed · 1,634 sqft8 Boulevard Walk, Downtown Dubai · 27th floor · completed 2008

2701, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2701 · DLD and Ejari recordsUpdated 4 August 2021
Last soldAED 1.53M4 August 2021
Current rentAED 108K /yr1 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2701, 8 Boulevard Walk

What is 2701 worth today?

Last sold for AED 1,530,000 in 2021

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4 Aug 2021SoldReady
AED 1,530,000AED 936 per sqft
1 Jun 2020RentedRenewal
AED 108,000/yr12 months · AED 66 per sqft
1 Jun 2019RentedRenewal
AED 108,000/yr12 months · AED 66 per sqft
1 Jun 2018RentedNew contract
AED 108,000/yr12 months · AED 66 per sqft
19 Apr 2015RentedNew contract
AED 170,000/yr12 months · AED 104 per sqft
26 Feb 2015SoldReady
AED 2,480,000AED 1,517 per sqft
15 Mar 2014RentedRenewal
AED 110,691/yr3 months · AED 68 per sqft
15 Mar 2013RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 4 August 2021.

Key facts

Type
2-bed apartment
Size
1,634 sqft
Floor
27th of 35
Parking
L3-334
Developer
Emaar
Completed
2008
Service charge
AED 34,300 /yr
Last sold
AED 1.53M · August 2021

About 2701, 8 Boulevard Walk

2701 is a two-bedroom apartment of 1,634 sqft on the 27th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 4 August 2021 for AED 1,530,000, or AED 936 per sqft, 12% above the AED 833 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 June 2020, is AED 108,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 34,300 a year.

Sales and rents for 2701 over time

Sales
Unit 2701, 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, December 2011: AED 1,400,888 (AED 857 per sqft)Sold, February 2015: AED 2,480,000 (AED 1,517 per sqft)Sold, August 2021: AED 1,530,000 (AED 936 per sqft)

2701 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2701, 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 2012: AED 110,000 a yearRenewal, March 2013: AED 110,000 a yearRenewal, March 2014: AED 110,691 a yearNew contract, April 2015: AED 170,000 a yearNew contract, June 2018: AED 108,000 a yearRenewal, June 2019: AED 108,000 a yearRenewal, June 2020: AED 108,000 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 2701 sits

All 99 2-beds →

2701 last sold in August 2021 at AED 936 per sqft, 12% above what two-beds in 8 Boulevard Walk were fetching at the time (AED 833). 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. 2701's AED 108,000 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 27th floor

All 347 units in 8 Boulevard Walk
Value
27022-bedAED 2.7M · Dec 2024
27032-bedAED 2.2M · Dec 2012
27041-bedAED 1.05M · Jul 2021
27051-bedAED 1.72M · Nov 2024
27061-bedAED 965K · Jan 2013
27071-bedAED 1.08M · Aug 2021
2708StudioAED 1.09M · Dec 2024
1–7 of 10

2701, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 26 December 2011 for AED 1,400,888, last on 4 August 2021 for AED 1,530,000 (AED 936 per sqft).
  • Rented since March 2012 on 7 Ejari contracts, from AED 110,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 34,300 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 4 August 2021.

Questions about 2701, 8 Boulevard Walk

What did unit 2701 last sell for?

AED 1,530,000 on 4 August 2021: AED 936 per sqft for 1,634 sqft. The unit has 3 registered sales; the first was AED 1,400,888 in December 2011.

What is the rent for unit 2701?

AED 108,000 a year on the contract renewed on 1 June 2020. The previous contract, from June 2019, was AED 108,000; the unit has been rented since March 2012.

How big is unit 2701?

1,634 sqft (151.8 sqm): a two-bedroom apartment on the 27th floor of a 35-storey tower completed in 2008.

What is unit 2701 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 2701, 8 Boulevard Walk

Starts from the last sale price (AED 1.53M, 4 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,530,000
Deposit, UAE resident (20%)
AED 306,000
Deposit, non-resident (40%)
AED 612,000
Monthly over 25 years at 3.7%
AED 6,260

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