1-bed · 1,559 sqft8 Boulevard Walk, Downtown Dubai · 4th floor · completed 2008

411, 8 Boulevard Walk

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

Unit 411 · DLD and Ejari recordsUpdated 3 February 2023
Last soldAED 1.51M3 February 2023
Current rentAED 72K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, 8 Boulevard Walk

What is 411 worth today?

Last sold for AED 1,508,000 in 2023

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3 Feb 2023SoldReady
AED 1,508,000AED 967 per sqft
1 Nov 2022RentedRenewal
AED 72,000/yr3 months · AED 46 per sqft
1 Nov 2021RentedRenewal
AED 65,100/yr12 months · AED 42 per sqft
1 Nov 2020RentedNew contract
AED 62,000/yr12 months · AED 40 per sqft
10 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
10 Sep 2014RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft
11 Jul 2010Sold by developerReady · flagged as an outlier
AED 387,944AED 248 per sqft

Source: Dubai Land Department. Updated 3 February 2023.

Key facts

Type
1-bed apartment
Size
1,559 sqft
Floor
4th of 35
Parking
B2-154
Developer
Emaar
Completed
2008
Service charge
AED 32,700 /yr
Last sold
AED 1.51M · February 2023

About 411, 8 Boulevard Walk

411 is a one-bedroom apartment of 1,559 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 3 February 2023 for AED 1,508,000, or AED 967 per sqft, 10% below the AED 1,076 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 72,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 32,700 a year.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical one-bed in 8 Boulevard Walk
1M1.5M2008201320182023Typical sale price by year: 2008 AED 771,888; 2009 AED 929,888; 2010 AED 833,888; 2011 AED 816,388; 2012 AED 924,444; 2013 AED 1,170,000; 2014 AED 1,625,000; 2015 AED 1,485,000; 2016 AED 1,275,000; 2017 AED 1,340,000; 2018 AED 1,148,433; 2019 AED 900,000; 2020 AED 850,000; 2021 AED 1,000,000; 2022 AED 1,050,000; 2023 AED 1,425,000; 2024 AED 1,545,000; 2025 AED 1,620,000; 2026 AED 1,687,500Sold, February 2023: AED 1,508,000 (AED 967 per sqft)

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

Rents
Unit 411, each contractTypical one-bed in 8 Boulevard Walk
50K100K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 82,000; 2014 AED 95,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 87,000; 2018 AED 77,000; 2019 AED 72,750; 2020 AED 64,500; 2021 AED 60,081; 2022 AED 71,500; 2023 AED 87,050; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 100,000New contract, September 2014: AED 125,000 a yearNew contract, August 2018: AED 85,000 a yearNew contract, November 2020: AED 62,000 a yearRenewal, November 2021: AED 65,100 a yearRenewal, November 2022: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 8 Boulevard Walk, and where 411 sits

All 184 1-beds →

411 last sold in February 2023 at AED 967 per sqft, 10% below what one-beds in 8 Boulevard Walk were fetching at the time (AED 1,076). Over the last 12 months one-beds sold for AED 1,350,000 to 2,100,000, around AED 1,708 per sqft, and rent for AED 69,750 to 149,555 a year. 411's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 20261,430,000
27 Oct 20261,850,000
14 Oct 20261,350,000
16 Sep 20261,525,000
20 1-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 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
409StudioAED 900K · Oct 2023
4102-bedAED 1.38M · Sep 2013

411, 8 Boulevard Walk in numbers

  • Sold twice: first on 11 July 2010 for AED 387,944, last on 3 February 2023 for AED 1,508,000 (AED 967 per sqft).
  • Rented since September 2014 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 62,000 in 2020 and recovered to AED 72,000 by November 2022.
  • At AED 72,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 32,700 a year (AED 21.00 per sqft).
  • One-beds in 8 Boulevard Walk sold for AED 1,350,000–2,100,000 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 3 February 2023.

Questions about 411, 8 Boulevard Walk

What did unit 411 last sell for?

AED 1,508,000 on 3 February 2023: AED 967 per sqft for 1,559 sqft. The unit has 2 registered sales; the first was AED 387,944 in July 2010.

What is the rent for unit 411?

AED 72,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 65,100; the unit has been rented since September 2014.

How big is unit 411?

1,559 sqft (144.8 sqm): a one-bedroom apartment on the 4th floor of a 35-storey tower completed in 2008.

What is unit 411 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 8 Boulevard Walk sold for AED 1,350,000 to 2,100,000 in the last 12 months, around AED 1,708 per sqft.

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Mortgage on 411, 8 Boulevard Walk

Starts from the last sale price (AED 1.51M, 3 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,508,000
Deposit, UAE resident (20%)
AED 301,600
Deposit, non-resident (40%)
AED 603,200
Monthly over 25 years at 3.7%
AED 6,170

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