2-bed · 1,530 sqft8 Boulevard Walk, Downtown Dubai · 32nd floor · completed 2008

3203, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in June 2014, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 26 June 2014
Last soldAED 3.1M26 June 2014
Current rentAED 150K /yr16 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, 8 Boulevard Walk

What is 3203 worth today?

Last sold for AED 3,100,000 in 2014

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26 Jun 2014SoldReady
AED 3,100,000AED 2,026 per sqft
16 Jun 2013RentedNew contract
AED 150,000/yr12 months · AED 98 per sqft
6 Oct 2009Sold by developerReady
AED 2,197,888AED 1,436 per sqft
6 Oct 2009SoldReady
AED 1,800,000AED 1,176 per sqft

Source: Dubai Land Department. Updated 26 June 2014.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
32nd of 35
Parking
L2-362
Developer
Emaar
Completed
2008
Service charge
AED 32,100 /yr
Last sold
AED 3.1M · June 2014

About 3203, 8 Boulevard Walk

3203 is a two-bedroom apartment of 1,530 sqft on the 32nd floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 26 June 2014 for AED 3,100,000, or AED 2,026 per sqft, 9% above the AED 1,863 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 June 2013. The current contract, signed on 16 June 2013, is AED 150,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 32,100 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, October 2009: AED 2,197,888 (AED 1,436 per sqft)Sold, October 2009: AED 1,800,000 (AED 1,176 per sqft)Sold, June 2014: AED 3,100,000 (AED 2,026 per sqft)

3203 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3203, 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, June 2013: AED 150,000 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 3203 sits

All 99 2-beds →

3203 last sold in June 2014 at AED 2,026 per sqft, 9% above what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,863). 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. 3203's AED 150,000 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 32nd floor

All 347 units in 8 Boulevard Walk
Value
32012-bedAED 2.3M · May 2024
32022-bedAED 1.68M · Oct 2009
32041-bedAED 900K · Nov 2019
32051-bedAED 812K · May 2013
32061-bedAED 1.4M · Dec 2024
32071-bedAED 1.8M · Dec 2024
3208StudioAED 960K · Oct 2016
1–7 of 10

3203, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 6 October 2009 for AED 1,800,000, last on 26 June 2014 for AED 3,100,000 (AED 2,026 per sqft).
  • Rented since June 2013 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2014 price is 4.8%, 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 26 June 2014.

Questions about 3203, 8 Boulevard Walk

What did unit 3203 last sell for?

AED 3,100,000 on 26 June 2014: AED 2,026 per sqft for 1,530 sqft. The unit has 3 registered sales; the first was AED 1,800,000 in October 2009.

What is the rent for unit 3203?

AED 150,000 a year on the contract signed on 16 June 2013.

How big is unit 3203?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 32nd floor of a 35-storey tower completed in 2008.

What is unit 3203 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 3203, 8 Boulevard Walk

Starts from the last sale price (AED 3.1M, 26 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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