Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 5th floor · completed 2008

508, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 510K20 August 2014
Current rentAED 60K /yr27 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, 8 Boulevard Walk

What is 508 worth today?

Last sold for AED 509,888 in 2014

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27 Aug 2026RentedNew contract
AED 60,000/yr12 months · AED 110 per sqft
15 Jul 2025RentedNew contract
AED 68,500/yr12 months · AED 126 per sqft
27 Jan 2025RentedRenewal
AED 74,000/yr3 months · AED 136 per sqft
27 Oct 2024RentedRenewal
AED 68,000/yr3 months · AED 125 per sqft
27 Oct 2023RentedRenewal
AED 60,000/yr12 months · AED 110 per sqft
27 Oct 2022RentedRenewal
AED 56,000/yr12 months · AED 103 per sqft
27 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 92 per sqft
1 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
5th of 35
Parking
B2-060
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 510K · August 2014

About 508, 8 Boulevard Walk

508 is a studio of 543 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 20 August 2014 for AED 509,888, or AED 938 per sqft, 51% below the AED 1,924 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 27 August 2026, is AED 60,000 a year: a gross yield of 11.8% on the 2014 price, before the service charge of about AED 11,400 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 by developer, August 2014: AED 509,888 (AED 938 per sqft)

508 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 508, 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, October 2013: AED 60,000 a yearNew contract, October 2016: AED 63,000 a yearRenewal, October 2017: AED 63,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, October 2020: AED 48,000 a yearNew contract, January 2021: AED 40,000 a yearNew contract, October 2021: AED 50,000 a yearRenewal, October 2022: AED 56,000 a yearRenewal, October 2023: AED 60,000 a yearRenewal, October 2024: AED 68,000 a yearRenewal, January 2025: AED 74,000 a yearNew contract, July 2025: AED 68,500 a yearNew contract, August 2026: AED 60,000 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 508 sits

All 64 studios →

508 last sold in August 2014 at AED 938 per sqft, 51% below what studios in 8 Boulevard Walk were fetching at the time (AED 1,924). 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. 508's AED 60,000 is in the lower 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 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
5061-bedAED 716K · Jun 2010
5072-bedAED 2.1M · Apr 2017
1–7 of 10

508, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 20 August 2014 for AED 509,888, or AED 938 per sqft.
  • Rented since October 2013 on 13 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2014 price is 11.8%, 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 27 August 2026.

Questions about 508, 8 Boulevard Walk

What did unit 508 last sell for?

AED 509,888 on 20 August 2014, sold by the developer: AED 938 per sqft for 543 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 60,000 a year on the contract signed on 27 August 2026. The previous contract, from July 2025, was AED 68,500; the unit has been rented since October 2013.

How big is unit 508?

543 sqft (50.4 sqm): a studio on the 5th floor of a 35-storey tower completed in 2008.

What is unit 508 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 508, 8 Boulevard Walk

Starts from the last sale price (AED 510K, 20 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 509,888
Deposit, UAE resident (20%)
AED 101,978
Deposit, non-resident (40%)
AED 203,955
Monthly over 25 years at 3.7%
AED 2,086

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