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2-bed · 1,726 sqft8 Boulevard Walk, Downtown Dubai · 16th floor · completed 2008

1602, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in June 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 20 June 2022
Last soldAED 2M20 June 2022
Current rentAED 155K /yr10 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1602, 8 Boulevard Walk

What is 1602 worth today?

Last sold for AED 2,000,000 in 2022

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20 Jun 2022SoldReady
AED 2,000,000AED 1,158 per sqft
10 Mar 2016RentedNew contract
AED 155,000/yr12 months · AED 90 per sqft
10 Dec 2014RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
13 Oct 2011Sold by developerReady
AED 1,931,888AED 1,119 per sqft

Source: Dubai Land Department. Updated 20 June 2022.

Key facts

Type
2-bed apartment
Size
1,726 sqft
Floor
16th of 35
Parking
L1-373
Developer
Emaar
Completed
2008
Service charge
AED 36,200 /yr
Last sold
AED 2M · June 2022
Building
8 Boulevard Walk

About 1602, 8 Boulevard Walk

1602 is a two-bedroom apartment of 1,726 sqft on the 16th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 20 June 2022 for AED 2,000,000, or AED 1,158 per sqft, 8% above the AED 1,071 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 10 March 2016, is AED 155,000 a year: a gross yield of 7.8% on the 2022 price, before the service charge of about AED 36,200 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in 8 Boulevard Walk
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,518,888; 2010 AED 1,516,388; 2011 AED 1,403,888; 2012 AED 1,700,000; 2013 AED 2,180,000; 2014 AED 2,850,000; 2015 AED 2,350,000; 2017 AED 2,075,000; 2018 AED 1,900,000; 2019 AED 1,430,000; 2020 AED 1,200,000; 2021 AED 1,530,000; 2022 AED 1,850,000; 2023 AED 2,075,000; 2024 AED 2,520,000; 2025 AED 2,575,000Sold by developer, October 2011: AED 1,931,888 (AED 1,119 per sqft)Sold, June 2022: AED 2,000,000 (AED 1,158 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in 8 Boulevard Walk
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 125,000; 2014 AED 150,000; 2015 AED 158,000; 2016 AED 150,000; 2017 AED 132,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 91,500; 2021 AED 89,000; 2022 AED 110,000; 2023 AED 121,075; 2024 AED 159,053; 2025 AED 157,500; 2026 AED 160,000New contract, December 2014: AED 175,000 a yearNew contract, March 2016: AED 155,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 8 Boulevard Walk, and where 1602 sits

All 93 2-beds →

1602 last sold in June 2022 at AED 1,158 per sqft, 8% above what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,071). 1602's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 20252,475,000
22 Jul 20252,875,000
4 Jul 20252,400,000
17 Jun 20252,725,000
0 2-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. 8 sold in the last 12 months.

Typical price per sqft
AED 1,815
Typical sale
AED 1.67M
Typical rent
AED 105K /yr
Typical yield
6.2%
8 Boulevard Walk, Downtown Dubai: prices, sales and rents →

Other units on the 16th floor

All 347 units in 8 Boulevard Walk
Value
16012-bedAED 2.48M · Jul 2025
16032-bedAED 1.92M · Nov 2021
16041-bedAED 1.6M · Dec 2023
16051-bedAED 1.27M · Oct 2013
1606AED 1.7M · Nov 2025
16071-bedAED 855K · Feb 2013
1608StudioAED 1.07M · Feb 2024
1–7 of 10

1602, 8 Boulevard Walk in numbers

  • Sold twice: first on 13 October 2011 for AED 1,931,888, last on 20 June 2022 for AED 2,000,000 (AED 1,158 per sqft).
  • Rented since December 2014 on 2 Ejari contracts, from AED 175,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 7.8%, before a service charge of about AED 36,200 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 20 June 2022.

Questions about 1602, 8 Boulevard Walk

What did unit 1602 last sell for?

AED 2,000,000 on 20 June 2022: AED 1,158 per sqft for 1,726 sqft. The unit has 2 registered sales; the first was AED 1,931,888 in October 2011.

What is the rent for unit 1602?

AED 155,000 a year on the contract signed on 10 March 2016. The previous contract, from December 2014, was AED 175,000.

How big is unit 1602?

1,726 sqft (160.4 sqm): a two-bedroom apartment on the 16th floor of a 35-storey tower completed in 2008.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1602, 8 Boulevard Walk

Starts from the last sale price (AED 2M, 20 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →