1-bed · 1,297 sqft8 Boulevard Walk, Downtown Dubai · 7th floor · completed 2008

704, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 28 October 2023
Last soldAED 985K4 August 2010
Current rentAED 110K /yr28 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, 8 Boulevard Walk

What is 704 worth today?

Last sold for AED 985,412 in 2010

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28 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
1 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 77 per sqft
17 Jul 2021RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
17 Jul 2020RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft
17 Jul 2019RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
17 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 61 per sqft
28 Oct 2017RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft
28 Oct 2016RentedRenewal
AED 110,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 28 October 2023.

Key facts

Type
1-bed apartment
Size
1,297 sqft
Floor
7th of 35
Parking
B2-142
Developer
Emaar
Completed
2008
Service charge
AED 27,200 /yr
Last sold
AED 985K · August 2010

About 704, 8 Boulevard Walk

704 is a one-bedroom apartment of 1,297 sqft on the 7th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 4 August 2010 for AED 985,412, or AED 759 per sqft, 10% below the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 28 October 2023, is AED 110,000 a year: a gross yield of 11.2% on the 2010 price, before the service charge of about AED 27,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, August 2010: AED 985,412 (AED 759 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in 8 Boulevard Walk
75K100K2012201620202024Typical 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, October 2014: AED 109,705 a yearRenewal, October 2015: AED 110,306 a yearRenewal, October 2016: AED 110,000 a yearRenewal, October 2017: AED 110,000 a yearNew contract, July 2018: AED 80,000 a yearRenewal, July 2019: AED 80,000 a yearRenewal, July 2020: AED 70,000 a yearRenewal, July 2021: AED 70,000 a yearNew contract, October 2022: AED 100,000 a yearNew contract, October 2023: AED 110,000 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 704 sits

All 184 1-beds →

704 last sold in August 2010 at AED 759 per sqft, 10% below 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. 704's AED 110,000 is in the upper 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 7th floor

All 347 units in 8 Boulevard Walk
Value
7012-bedAED 1.24M · Sep 2017
7022-bedAED 3M · May 2026
7032-bedAED 2.22M · Jan 2024
7051-bedAED 1.58M · Nov 2023
7061-bedAED 724K · Jan 2013
7071-bedAED 1.78M · Mar 2026
708StudioAED 510K · Sep 2024
1–7 of 10

704, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 4 August 2010 for AED 985,412, or AED 759 per sqft.
  • Rented since October 2014 on 10 Ejari contracts. The rent fell from AED 109,705 to AED 70,000 in 2021 and recovered to AED 110,000 by October 2023.
  • At AED 110,000 a year the gross yield on the 2010 price is 11.2%, before a service charge of about AED 27,200 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 28 October 2023.

Questions about 704, 8 Boulevard Walk

What did unit 704 last sell for?

AED 985,412 on 4 August 2010, sold by the developer: AED 759 per sqft for 1,297 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 110,000 a year on the contract signed on 28 October 2023. The previous contract, from October 2022, was AED 100,000; the unit has been rented since October 2014.

How big is unit 704?

1,297 sqft (120.5 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2008.

What is unit 704 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 704, 8 Boulevard Walk

Starts from the last sale price (AED 985K, 4 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 985,412
Deposit, UAE resident (20%)
AED 197,082
Deposit, non-resident (40%)
AED 394,165
Monthly over 25 years at 3.7%
AED 4,032

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