2-bed · 1,726 sqft8 Boulevard Walk, Downtown Dubai · 31st floor · completed 2008

3102, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.59M14 June 2009
Current rentAED 117K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3102, 8 Boulevard Walk

What is 3102 worth today?

Last sold for AED 1,588,888 in 2009

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1 Jun 2024RentedRenewal
AED 117,000/yr12 months · AED 68 per sqft
1 Jun 2023RentedRenewal
AED 105,000/yr12 months · AED 61 per sqft
1 Jun 2022RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
1 Jun 2021RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
1 Jun 2020RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
23 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 75 per sqft
23 Sep 2017RentedRenewal
AED 150,000/yr12 months · AED 87 per sqft
23 Sep 2016RentedNew contract
AED 160,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
2-bed apartment
Size
1,726 sqft
Floor
31st of 35
Parking
L2-347
Developer
Emaar
Completed
2008
Service charge
AED 36,200 /yr
Last sold
AED 1.59M · June 2009

About 3102, 8 Boulevard Walk

3102 is a two-bedroom apartment of 1,726 sqft on the 31st floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 14 June 2009 for AED 1,588,888, or AED 920 per sqft, in line with the AED 895 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 117,000 a year: a gross yield of 7.4% on the 2009 price, before the service charge of about AED 36,200 a year.

Sales and rents for 3102 over time

Sales
Unit 3102, 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, June 2009: AED 1,588,888 (AED 920 per sqft)

3102 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3102, each contractTypical two-bed in 8 Boulevard Walk
100K150K200K2012201620202024Typical 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, January 2015: AED 185,000 a yearNew contract, September 2016: AED 160,000 a yearRenewal, September 2017: AED 150,000 a yearRenewal, September 2018: AED 130,000 a yearNew contract, June 2020: AED 90,000 a yearRenewal, June 2021: AED 90,000 a yearRenewal, June 2022: AED 100,000 a yearRenewal, June 2023: AED 105,000 a yearRenewal, June 2024: AED 117,000 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 3102 sits

All 99 2-beds →

3102 last sold in June 2009 at AED 920 per sqft, in line with what two-beds in 8 Boulevard Walk were fetching at the time (AED 895). 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. 3102's AED 117,000 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 31st floor

All 347 units in 8 Boulevard Walk
Value
31012-bedAED 2.65M · Oct 2024
31032-bedAED 1.77M · Nov 2021
31041-bedAED 1M · May 2009
31051-bedAED 760K · Nov 2011
31061-bedAED 797K · Feb 2009
31071-bedAED 482K · Oct 2009
3108StudioAED 745K · Jan 2013
1–7 of 10

3102, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 14 June 2009 for AED 1,588,888, or AED 920 per sqft.
  • Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 185,000 to AED 90,000 in 2021 and recovered to AED 117,000 by June 2024.
  • At AED 117,000 a year the gross yield on the 2009 price is 7.4%, before a service charge of about AED 36,200 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 1 June 2024.

Questions about 3102, 8 Boulevard Walk

What did unit 3102 last sell for?

AED 1,588,888 on 14 June 2009, sold by the developer: AED 920 per sqft for 1,726 sqft. It is the only registered sale of the unit.

What is the rent for unit 3102?

AED 117,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 105,000; the unit has been rented since January 2015.

How big is unit 3102?

1,726 sqft (160.4 sqm): a two-bedroom apartment on the 31st floor of a 35-storey tower completed in 2008.

What is unit 3102 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 3102, 8 Boulevard Walk

Starts from the last sale price (AED 1.59M, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,588,888
Deposit, UAE resident (20%)
AED 317,778
Deposit, non-resident (40%)
AED 635,555
Monthly over 25 years at 3.7%
AED 6,501

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