1-bed · 936 sqft8 Boulevard Walk, Downtown Dubai · 7th floor · completed 2008

705, 8 Boulevard Walk

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 1.58M29 November 2023
Current rentAED 135K /yr26 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, 8 Boulevard Walk

What is 705 worth today?

Last sold for AED 1,580,000 in 2023

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26 Mar 2024RentedNew contract
AED 135,000/yr12 months · AED 144 per sqft
29 Nov 2023SoldReady
AED 1,580,000AED 1,687 per sqft
12 Apr 2023SoldReady
AED 1,200,000AED 1,282 per sqft
1 Jun 2022RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
23 Jan 2020RentedRenewal
AED 63,000/yr12 months · AED 67 per sqft
23 Jan 2019RentedRenewal
AED 63,000/yr12 months · AED 67 per sqft
23 Jan 2018RentedRenewal
AED 63,000/yr12 months · AED 67 per sqft
26 Jan 2017RentedRenewal
AED 63,512/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
1-bed apartment
Size
936 sqft
Floor
7th of 35
Parking
B1-079
Developer
Emaar
Completed
2008
Service charge
AED 19,700 /yr
Last sold
AED 1.58M · November 2023

About 705, 8 Boulevard Walk

705 is a one-bedroom apartment of 936 sqft on the 7th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 29 November 2023 for AED 1,580,000, or AED 1,687 per sqft, 28% above the AED 1,313 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 26 March 2024, is AED 135,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 19,700 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 711,888 (AED 760 per sqft)Sold, January 2014: AED 1,500,000 (AED 1,602 per sqft)Sold, April 2023: AED 1,200,000 (AED 1,282 per sqft)Sold, November 2023: AED 1,580,000 (AED 1,687 per sqft)

705 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, each contractTypical one-bed in 8 Boulevard Walk
50K100K2012201620202024Typical 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 2014: AED 100,000 a yearRenewal, January 2015: AED 63,000 a yearRenewal, January 2016: AED 63,000 a yearRenewal, January 2017: AED 63,512 a yearRenewal, January 2018: AED 63,000 a yearRenewal, January 2019: AED 63,000 a yearRenewal, January 2020: AED 63,000 a yearNew contract, June 2022: AED 75,000 a yearNew contract, March 2024: AED 135,000 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 705 sits

All 184 1-beds →

705 last sold in November 2023 at AED 1,687 per sqft, 28% above what one-beds in 8 Boulevard Walk were fetching at the time (AED 1,313). 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. 705's AED 135,000 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
7041-bedAED 985K · Aug 2010
7061-bedAED 724K · Jan 2013
7071-bedAED 1.78M · Mar 2026
708StudioAED 510K · Sep 2024
1–7 of 10

705, 8 Boulevard Walk in numbers

  • Sold 4 times: first on 16 June 2010 for AED 711,888, last on 29 November 2023 for AED 1,580,000 (AED 1,687 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 63,000 in 2020 and recovered to AED 135,000 by March 2024.
  • At AED 135,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 19,700 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 26 March 2024.

Questions about 705, 8 Boulevard Walk

What did unit 705 last sell for?

AED 1,580,000 on 29 November 2023: AED 1,687 per sqft for 936 sqft. The unit has 4 registered sales; the first was AED 711,888 in June 2010.

What is the rent for unit 705?

AED 135,000 a year on the contract signed on 26 March 2024. The previous contract, from June 2022, was AED 75,000; the unit has been rented since January 2014.

How big is unit 705?

936 sqft (87.0 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2008.

What is unit 705 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 705, 8 Boulevard Walk

Starts from the last sale price (AED 1.58M, 29 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,580,000
Deposit, UAE resident (20%)
AED 316,000
Deposit, non-resident (40%)
AED 632,000
Monthly over 25 years at 3.7%
AED 6,464

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