1-bed · 865 sqft8 Boulevard Walk, Downtown Dubai · 5th floor · completed 2008

506, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 6 June 2026
Last soldAED 716K15 June 2010
Current rentAED 88K /yr6 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, 8 Boulevard Walk

What is 506 worth today?

Last sold for AED 715,888 in 2010

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6 Jun 2026RentedRenewal
AED 88,043/yr12 months · AED 102 per sqft
6 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 104 per sqft
6 Jun 2025RentedNew contract
AED 90,000/yr12 months · AED 104 per sqft
14 Oct 2023RentedNew contract
AED 85,000/yr12 months · AED 98 per sqft
28 May 2022RentedNew contract
AED 68,000/yr12 months · AED 79 per sqft
13 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
25 Nov 2019RentedNew contract
AED 57,000/yr12 months · AED 66 per sqft
12 Jan 2019RentedNew contract
AED 72,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 6 June 2026.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
5th of 35
Parking
L2-221
Developer
Emaar
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 716K · June 2010

About 506, 8 Boulevard Walk

506 is a one-bedroom apartment of 865 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 June 2010 for AED 715,888, or AED 827 per sqft, in line with the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 6 June 2026, is AED 88,043 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 18,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 by developer, June 2010: AED 715,888 (AED 827 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in 8 Boulevard Walk
50K75K100K2012201620202024Typical 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, January 2019: AED 72,000 a yearNew contract, November 2019: AED 57,000 a yearNew contract, January 2021: AED 50,000 a yearNew contract, May 2022: AED 68,000 a yearNew contract, October 2023: AED 85,000 a yearNew contract, June 2025: AED 90,000 a yearNew contract, June 2025: AED 90,000 a yearRenewal, June 2026: AED 88,043 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 506 sits

All 184 1-beds →

506 last sold in June 2010 at AED 827 per sqft, in line with what one-beds in 8 Boulevard Walk were fetching at the time (AED 848). 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. 506's AED 88,043 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 5th floor

All 347 units in 8 Boulevard Walk
Value
5012-bedAED 1.2M · Jun 2009
5022-bedAED 2.9M · Jul 2014
5032-bedAED 1.34M · Mar 2009
5041-bedAED 1.25M · Oct 2014
5051-bedAED 704K · Jun 2010
5072-bedAED 2.1M · Apr 2017
508StudioAED 510K · Aug 2014
1–7 of 10

506, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 15 June 2010 for AED 715,888, or AED 827 per sqft.
  • Rented since January 2019 on 8 Ejari contracts. The rent fell from AED 72,000 to AED 50,000 in 2021 and recovered to AED 88,043 by June 2026.
  • At AED 88,043 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 18,200 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 6 June 2026.

Questions about 506, 8 Boulevard Walk

What did unit 506 last sell for?

AED 715,888 on 15 June 2010, sold by the developer: AED 827 per sqft for 865 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 88,043 a year on the contract renewed on 6 June 2026. The previous contract, from June 2025, was AED 90,000; the unit has been rented since January 2019.

How big is unit 506?

865 sqft (80.4 sqm): a one-bedroom apartment on the 5th floor of a 35-storey tower completed in 2008.

What is unit 506 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 506, 8 Boulevard Walk

Starts from the last sale price (AED 716K, 15 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 715,888
Deposit, UAE resident (20%)
AED 143,178
Deposit, non-resident (40%)
AED 286,355
Monthly over 25 years at 3.7%
AED 2,929

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