Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 34th floor · completed 2008

3408, 8 Boulevard Walk

Sold prices and rental history: sold 4 times, last in April 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3408 · DLD and Ejari recordsUpdated 21 April 2022
Last soldAED 800K21 April 2022
Current rentAED 49K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3408, 8 Boulevard Walk

What is 3408 worth today?

Last sold for AED 800,000 in 2022

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21 Apr 2022SoldReady
AED 800,000AED 1,473 per sqft
1 Apr 2022SoldReady
AED 690,000AED 1,270 per sqft
25 Dec 2021RentedNew contract
AED 49,000/yr12 months · AED 91 per sqft
25 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 71 per sqft
1 Feb 2019RentedRenewal
AED 62,000/yr12 months · AED 115 per sqft
1 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
15 Nov 2015RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft
10 Aug 2010Sold by developerReady
AED 650,000AED 1,196 per sqft

Source: Dubai Land Department. Updated 21 April 2022.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
34th of 35
Parking
B1-076
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 800K · April 2022

About 3408, 8 Boulevard Walk

3408 is a studio of 543 sqft on the 34th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 21 April 2022 for AED 800,000, or AED 1,473 per sqft, 5% above the AED 1,399 studios 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 December 2021, is AED 49,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 11,400 a year.

Sales and rents for 3408 over time

Sales
Unit 3408, 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, August 2010: AED 650,000 (AED 1,196 per sqft)Sold, August 2010: AED 596,888 (AED 1,099 per sqft)Sold, April 2022: AED 800,000 (AED 1,473 per sqft)Sold, April 2022: AED 690,000 (AED 1,270 per sqft)

3408 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 3408, 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, November 2015: AED 70,000 a yearNew contract, February 2018: AED 65,000 a yearRenewal, February 2019: AED 62,000 a yearNew contract, November 2020: AED 38,000 a yearNew contract, December 2021: AED 49,000 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 3408 sits

All 64 studios →

3408 last sold in April 2022 at AED 1,473 per sqft, 5% above 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. 3408's AED 49,000 is at the bottom 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 34th floor

All 347 units in 8 Boulevard Walk
Value
34012-bedAED 2.55M · Sep 2024
34022-bedAED 1.61M · Jun 2010
34032-bedAED 2.33M · May 2013
34041-bedAED 1.72M · Nov 2023
34051-bedAED 1.72M · Apr 2025
34061-bedAED 850K · Jan 2011
34071-bedAED 1.73M · Aug 2014
1–7 of 10

3408, 8 Boulevard Walk in numbers

  • Sold 4 times: first on 10 August 2010 for AED 596,888, last on 21 April 2022 for AED 800,000 (AED 1,473 per sqft).
  • Rented since November 2015 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2020 and recovered to AED 49,000 by December 2021.
  • At AED 49,000 a year the gross yield on the 2022 price is 6.1%, before a service charge of about AED 11,400 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 21 April 2022.

Questions about 3408, 8 Boulevard Walk

What did unit 3408 last sell for?

AED 800,000 on 21 April 2022: AED 1,473 per sqft for 543 sqft. The unit has 4 registered sales; the first was AED 596,888 in August 2010.

What is the rent for unit 3408?

AED 49,000 a year on the contract signed on 25 December 2021. The previous contract, from November 2020, was AED 38,000; the unit has been rented since November 2015.

How big is unit 3408?

543 sqft (50.4 sqm): a studio on the 34th floor of a 35-storey tower completed in 2008.

What is unit 3408 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 3408, 8 Boulevard Walk

Starts from the last sale price (AED 800K, 21 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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