501, 8 Boulevard Walk
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, 8 Boulevard Walk
What is 501 worth today?
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Source: Dubai Land Department. Updated 5 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,634 sqft
- Floor
- 5th of 35
- Parking
- B2-156
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 34,300 /yr
- Last sold
- AED 1.2M · June 2009
- Building
- 8 Boulevard Walk
About 501, 8 Boulevard Walk
501 is a two-bedroom apartment of 1,634 sqft on the 5th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 10 June 2009 for AED 1,198,888, or AED 733 per sqft, 18% below the AED 891 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 January 2023, is AED 103,140 a year: a gross yield of 8.6% on the 2009 price, before the service charge of about AED 34,300 a year.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 99 2-beds →501 last sold in June 2009 at AED 733 per sqft, 18% below what two-beds in 8 Boulevard Walk were fetching at the time (AED 891). 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. 501's AED 103,140 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202622 May 2026 | 1,726 sqft | 3,000,000 | 1,738 | ||
| 17 Apr 202617 April 2026 | 1,726 sqft | 3,100,000 | 1,796 | ||
| 12 Mar 202612 March 2026 | 1,726 sqft | 2,500,000 | 1,448 | ||
| 7 Nov 20257 November 2025 | 1,530 sqft | 2,525,000 | 1,650 |
8 Boulevard Walk
Building347 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%
Other units on the 5th floor
All 347 units in 8 Boulevard Walk| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,726 sqft | AED 2.9MAED 2,900,000 · Jul 2014July 2014 | 124,332 /yr | |
| 503 | 2-bed | 1,530 sqft | AED 1.34MAED 1,342,888 · Mar 2009March 2009 | 145,000 /yr | |
| 504 | 1-bed | 1,297 sqft | AED 1.25MAED 1,250,000 · Oct 2014October 2014 | 89,467 /yr | |
| 505 | 1-bed | 936 sqft | AED 704KAED 703,888 · Jun 2010June 2010 | 94,710 /yr | |
| 506 | 1-bed | 865 sqft | AED 716KAED 715,888 · Jun 2010June 2010 | 88,043 /yr | |
| 507 | 2-bed | 1,399 sqft | AED 2.1MAED 2,100,000 · Apr 2017April 2017 | 150,000 /yr | |
| 508 | Studio | 543 sqft | AED 510KAED 509,888 · Aug 2014August 2014 | 60,000 /yr | |
| 509 | Studio | 543 sqft | AED 925KAED 925,000 · Jul 2023July 2023 | 80,000 /yr | |
| 510 | 2-bed | 1,398 sqft | AED 2.68MAED 2,675,000 · Oct 2024October 2024 | 250,000 /yr | |
| 511 | 1-bed | 887 sqft | AED 1.6MAED 1,600,000 · Nov 2025November 2025 | 63,250 /yr |
501, 8 Boulevard Walk in numbers
- Sold once: by Emaar on 10 June 2009 for AED 1,198,888, or AED 733 per sqft.
- Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2021 and recovered to AED 103,140 by January 2023.
- At AED 103,140 a year the gross yield on the 2009 price is 8.6%, before a service charge of about AED 34,300 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 5 January 2023.
Questions about 501, 8 Boulevard Walk
What did unit 501 last sell for?
AED 1,198,888 on 10 June 2009, sold by the developer: AED 733 per sqft for 1,634 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 103,140 a year on the contract renewed on 5 January 2023. The previous contract, from January 2022, was AED 90,000; the unit has been rented since September 2012.
How big is unit 501?
1,634 sqft (151.8 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2008.
What is unit 501 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 501, 8 Boulevard Walk
Starts from the last sale price (AED 1.2M, 10 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,198,888
- Deposit, UAE resident (20%)
- AED 239,778
- Deposit, non-resident (40%)
- AED 479,555
- Monthly over 25 years at 3.7%
- AED 4,905
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →