Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 4th floor · completed 2008

409, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 900K5 October 2023
Current rentAED 80K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, 8 Boulevard Walk

What is 409 worth today?

Last sold for AED 900,000 in 2023

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15 Oct 2026RentedRenewal
AED 80,000/yr12 months · AED 149 per sqft
15 Oct 2025RentedRenewal
AED 85,000/yr12 months · AED 158 per sqft
15 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 158 per sqft
5 Oct 2023SoldReady
AED 900,000AED 1,657 per sqft
1 Oct 2017RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft
15 Jan 2014RentedNew contract
AED 80,000/yr12 months · AED 149 per sqft
3 Oct 2013SoldReady
AED 475,000AED 874 per sqft
19 Sep 2011Sold by developerReady · flagged as an outlier
AED 244,444AED 450 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
4th of 35
Parking
B2-061
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 900K · October 2023

About 409, 8 Boulevard Walk

409 is a studio of 543 sqft on the 4th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 5 October 2023 for AED 900,000, or AED 1,657 per sqft, in line with the AED 1,616 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 80,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, October 2013: AED 475,000 (AED 874 per sqft)Sold, October 2023: AED 900,000 (AED 1,657 per sqft)

409 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 409, 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 2014: AED 80,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, October 2024: AED 85,000 a yearRenewal, October 2025: AED 85,000 a yearRenewal, October 2026: 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 409 sits

All 64 studios →

409 last sold in October 2023 at AED 1,657 per sqft, in line with what studios in 8 Boulevard Walk were fetching at the time (AED 1,616). 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. 409'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 4th floor

All 347 units in 8 Boulevard Walk
Value
4061-bedAED 1.5M · Mar 2016
4072-bedAED 2.5M · May 2017
408StudioAED 882K · Aug 2013
4102-bedAED 1.38M · Sep 2013
4111-bedAED 1.51M · Feb 2023

409, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 19 September 2011 for AED 244,444, last on 5 October 2023 for AED 900,000 (AED 1,657 per sqft).
  • Rented since January 2014 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 70,000 in 2017 and recovered to AED 80,000 by October 2026.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.9%, 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 15 October 2026.

Questions about 409, 8 Boulevard Walk

What did unit 409 last sell for?

AED 900,000 on 5 October 2023: AED 1,657 per sqft for 543 sqft. The unit has 3 registered sales; the first was AED 244,444 in September 2011.

What is the rent for unit 409?

AED 80,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since January 2014.

How big is unit 409?

543 sqft (50.4 sqm): a studio on the 4th floor of a 35-storey tower completed in 2008.

What is unit 409 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 409, 8 Boulevard Walk

Starts from the last sale price (AED 900K, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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