1-bed · 865 sqft8 Boulevard Walk, Downtown Dubai · 7th floor · completed 2008

706, 8 Boulevard Walk

Sold prices and rental history: sold once, by the developer in January 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 724K3 January 2013
Current rentAED 85K /yr7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, 8 Boulevard Walk

What is 706 worth today?

Last sold for AED 723,888 in 2013

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7 Aug 2024RentedNew contract
AED 85,000/yr12 months · AED 98 per sqft
15 Jan 2023RentedRenewal
AED 69,000/yr12 months · AED 80 per sqft
15 Jan 2022RentedRenewal
AED 60,000/yr12 months · AED 69 per sqft
15 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
15 Jan 2019RentedNew contract
AED 67,000/yr12 months · AED 78 per sqft
1 Dec 2016RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
1 Dec 2015RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
1 Sep 2014RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 7 August 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
7th of 35
Parking
B1-101
Developer
Emaar
Completed
2008
Service charge
AED 18,200 /yr
Last sold
AED 724K · January 2013

About 706, 8 Boulevard Walk

706 is a one-bedroom apartment of 865 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 3 January 2013 for AED 723,888, or AED 836 per sqft, in line with the AED 848 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, signed on 7 August 2024, is AED 85,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 18,200 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, January 2013: AED 723,888 (AED 836 per sqft)

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

Rents
Unit 706, 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, December 2012: AED 55,000 a yearNew contract, December 2013: AED 60,500 a yearNew contract, September 2014: AED 60,000 a yearNew contract, December 2015: AED 80,000 a yearRenewal, December 2016: AED 80,000 a yearNew contract, January 2019: AED 67,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 60,000 a yearRenewal, January 2023: AED 69,000 a yearNew contract, August 2024: AED 85,000 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 706 sits

All 184 1-beds →

706 last sold in January 2013 at AED 836 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. 706's AED 85,000 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 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
7051-bedAED 1.58M · Nov 2023
7071-bedAED 1.78M · Mar 2026
708StudioAED 510K · Sep 2024
1–7 of 10

706, 8 Boulevard Walk in numbers

  • Sold once: by Emaar on 3 January 2013 for AED 723,888, or AED 836 per sqft.
  • Rented since December 2012 on 10 Ejari contracts, from AED 55,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2013 price is 11.7%, 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 7 August 2024.

Questions about 706, 8 Boulevard Walk

What did unit 706 last sell for?

AED 723,888 on 3 January 2013, sold by the developer: AED 836 per sqft for 865 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 85,000 a year on the contract signed on 7 August 2024. The previous contract, from January 2023, was AED 69,000; the unit has been rented since December 2012.

How big is unit 706?

865 sqft (80.4 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2008.

What is unit 706 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 706, 8 Boulevard Walk

Starts from the last sale price (AED 724K, 3 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 723,888
Deposit, UAE resident (20%)
AED 144,778
Deposit, non-resident (40%)
AED 289,555
Monthly over 25 years at 3.7%
AED 2,962

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