2-bed · 1,530 sqft8 Boulevard Walk, Downtown Dubai · 5th floor · completed 2008

503, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.34M15 March 2009
Current rentAED 145K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, 8 Boulevard Walk

What is 503 worth today?

Last sold for AED 1,342,888 in 2009

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1 Sep 2026RentedRenewal
AED 145,000/yr12 months · AED 95 per sqft
1 Sep 2024RentedNew contract
AED 155,000/yr12 months · AED 101 per sqft
5 Aug 2023RentedRenewal
AED 120,750/yr12 months · AED 79 per sqft
5 Aug 2022RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
1 Jul 2021RentedNew contract
AED 82,000/yr12 months · AED 54 per sqft
1 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
1 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft
1 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
5th of 35
Parking
L1-205
Developer
Emaar
Completed
2008
Service charge
AED 32,100 /yr
Last sold
AED 1.34M · March 2009

About 503, 8 Boulevard Walk

503 is a two-bedroom apartment of 1,530 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 15 March 2009 for AED 1,342,888, or AED 877 per sqft, in line with the AED 895 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 145,000 a year: a gross yield of 10.8% on the 2009 price, before the service charge of about AED 32,100 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, March 2009: AED 1,342,888 (AED 877 per sqft)

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

Rents
Unit 503, 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, February 2013: AED 125,000 a yearNew contract, February 2015: AED 152,000 a yearNew contract, June 2015: AED 155,000 a yearNew contract, July 2015: AED 168,478 a yearRenewal, June 2016: AED 155,000 a yearNew contract, July 2017: AED 120,000 a yearRenewal, July 2018: AED 110,000 a yearRenewal, July 2019: AED 100,000 a yearRenewal, July 2020: AED 90,000 a yearNew contract, July 2021: AED 82,000 a yearNew contract, August 2022: AED 115,000 a yearRenewal, August 2023: AED 120,750 a yearNew contract, September 2024: AED 155,000 a yearRenewal, September 2026: AED 145,000 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 503 sits

All 99 2-beds →

503 last sold in March 2009 at AED 877 per sqft, in line with what two-beds in 8 Boulevard Walk were fetching at the time (AED 895). 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. 503's AED 145,000 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 5th floor

All 347 units in 8 Boulevard Walk
Value
5012-bedAED 1.2M · Jun 2009
5022-bedAED 2.9M · Jul 2014
5041-bedAED 1.25M · Oct 2014
5051-bedAED 704K · Jun 2010
5061-bedAED 716K · Jun 2010
5072-bedAED 2.1M · Apr 2017
508StudioAED 510K · Aug 2014
1–7 of 10

503, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 15 March 2009 for AED 1,342,888, or AED 877 per sqft.
  • Rented since February 2013 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 82,000 in 2021 and recovered to AED 145,000 by September 2026.
  • At AED 145,000 a year the gross yield on the 2009 price is 10.8%, 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 1 September 2026.

Questions about 503, 8 Boulevard Walk

What did unit 503 last sell for?

AED 1,342,888 on 15 March 2009, sold by the developer: AED 877 per sqft for 1,530 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 145,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2024, was AED 155,000; the unit has been rented since February 2013.

How big is unit 503?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 5th floor of a 35-storey tower completed in 2008.

What is unit 503 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 503, 8 Boulevard Walk

Starts from the last sale price (AED 1.34M, 15 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,342,888
Deposit, UAE resident (20%)
AED 268,578
Deposit, non-resident (40%)
AED 537,155
Monthly over 25 years at 3.7%
AED 5,494

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