Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 8th floor · completed 2008

808, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 1.13M24 February 2014
Current rentAED 50K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, 8 Boulevard Walk

What is 808 worth today?

Last sold for AED 1,130,000 in 2014

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1 Sep 2022RentedRenewal
AED 49,827/yr10 months · AED 93 per sqft
1 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 84 per sqft
1 Sep 2020RentedRenewal
AED 49,000/yr12 months · AED 91 per sqft
1 Sep 2019RentedRenewal
AED 53,000/yr12 months · AED 98 per sqft
1 Sep 2018RentedNew contract
AED 53,000/yr12 months · AED 98 per sqft
1 May 2017RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
24 Feb 2014SoldReady
AED 1,130,000AED 2,080 per sqft
24 Feb 2014RentedNew contract
AED 74,803/yr15 months · AED 139 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
8th of 35
Parking
B2-054
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 1.13M · February 2014

About 808, 8 Boulevard Walk

808 is a studio of 543 sqft on the 8th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 24 February 2014 for AED 1,130,000, or AED 2,080 per sqft, 28% above the AED 1,620 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 49,827 a year: a gross yield of 4.4% on the 2014 price, before the service charge of about AED 11,400 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, December 2009: AED 650,000 (AED 1,196 per sqft)Sold, December 2009: AED 518,888 (AED 955 per sqft)Sold, February 2014: AED 1,130,000 (AED 2,080 per sqft)

808 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 808, 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, February 2014: AED 74,803 a yearNew contract, May 2017: AED 75,000 a yearNew contract, September 2018: AED 53,000 a yearRenewal, September 2019: AED 53,000 a yearRenewal, September 2020: AED 49,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 49,827 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 808 sits

All 64 studios →

808 last sold in February 2014 at AED 2,080 per sqft, 28% above what studios in 8 Boulevard Walk were fetching at the time (AED 1,620). 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. 808's AED 49,827 is at the bottom 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 8th floor

All 347 units in 8 Boulevard Walk
Value
8012-bedAED 1.04M · Mar 2013
8022-bedAED 1.85M · Apr 2022
8032-bedAED 2.17M · May 2024
8041-bedAED 1.05M · May 2009
8051-bedAED 1.37M · Mar 2014
8061-bedAED 728K · Feb 2013
8071-bedAED 1.5M · Dec 2014
1–7 of 10

808, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 8 December 2009 for AED 518,888, last on 24 February 2014 for AED 1,130,000 (AED 2,080 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 74,803 to AED 45,000 in 2021 and recovered to AED 49,827 by September 2022.
  • At AED 49,827 a year the gross yield on the 2014 price is 4.4%, 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 1 September 2022.

Questions about 808, 8 Boulevard Walk

What did unit 808 last sell for?

AED 1,130,000 on 24 February 2014: AED 2,080 per sqft for 543 sqft. The unit has 3 registered sales; the first was AED 518,888 in December 2009.

What is the rent for unit 808?

AED 49,827 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 45,000; the unit has been rented since February 2014.

How big is unit 808?

543 sqft (50.4 sqm): a studio on the 8th floor of a 35-storey tower completed in 2008.

What is unit 808 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 808, 8 Boulevard Walk

Starts from the last sale price (AED 1.13M, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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