Studio · 272 sqft8 Boulevard Walk, Downtown Dubai · 24th floor · completed 2008

2408, 8 Boulevard Walk

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

Unit 2408 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 500K22 September 2010
Current rentAED 70K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, 8 Boulevard Walk

What is 2408 worth today?

Last sold for AED 500,000 in 2010

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29 Nov 2024RentedNew contract
AED 70,000/yr12 months · AED 130 per sqft
15 Jun 2022RentedNew contract
AED 45,000/yr12 months · AED 83 per sqft
15 Jun 2021RentedNew contract
AED 45,000/yr12 months · AED 83 per sqft
12 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 93 per sqft
25 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 121 per sqft
20 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
1 Feb 2014RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
22 Sep 2010SoldReady
AED 500,000AED 920 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
Studio apartment
Size
272 sqft
Floor
24th of 35
Parking
B1-068
Developer
Emaar
Completed
2008
Service charge
AED 5,700 /yr
Last sold
AED 500K · September 2010

About 2408, 8 Boulevard Walk

2408 is a studio of 272 sqft on the 24th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 22 September 2010 for AED 500,000, or AED 920 per sqft, 10% below the AED 1,027 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 29 November 2024, is AED 70,000 a year: a gross yield of 14.0% on the 2010 price, before the service charge of about AED 5,700 a year.

Sales and rents for 2408 over time

Sales
Unit 2408, each saleTypical studio in 8 Boulevard Walk
500K1M2009201420192024Typical sale price by year: 2009 AED 548,888; 2010 AED 572,888; 2011 AED 524,888; 2012 AED 599,944; 2013 AED 772,500; 2014 AED 1,101,250; 2015 AED 1,000,000; 2016 AED 935,000; 2017 AED 900,000; 2018 AED 750,000; 2022 AED 750,000; 2023 AED 877,500; 2024 AED 970,000; 2025 AED 1,212,500Sold by developer, May 2009: AED 566,888 (AED 1,043 per sqft)Sold, September 2010: AED 500,000 (AED 920 per sqft)

2408 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2408, 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 72,500; 2017 AED 67,500; 2018 AED 59,000; 2019 AED 54,500; 2020 AED 45,000; 2021 AED 44,500; 2022 AED 55,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 74,500; 2026 AED 81,500New contract, February 2014: AED 75,000 a yearNew contract, February 2016: AED 75,000 a yearNew contract, November 2017: AED 65,000 a yearNew contract, December 2019: AED 50,000 a yearNew contract, June 2021: AED 45,000 a yearNew contract, June 2022: AED 45,000 a yearNew contract, November 2024: AED 70,000 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 2408 sits

All 61 studios →

2408 last sold in September 2010 at AED 920 per sqft, 10% below what studios in 8 Boulevard Walk were fetching at the time (AED 1,027). Over the last 12 months studios sold for AED 1,090,000, around AED 2,007 per sqft, and rent for AED 65,000 to 105,000 a year. 2408's AED 70,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
6 Jan 20261,090,000
28 Jul 20251,250,000
15 Jul 20251,270,000
24 Apr 20251,050,000
1 studio sale 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 24th floor

All 347 units in 8 Boulevard Walk
Value
2401AED 2.55M · Oct 2025
24022-bedAED 1.98M · Apr 2010
24032-bedAED 2.55M · Mar 2025
2404AED 1.85M · Oct 2025
24051-bedAED 999K · Jan 2022
24061-bedAED 792K · Oct 2013
24071-bedAED 906K · Jan 2010
1–7 of 10

2408, 8 Boulevard Walk in numbers

  • Sold twice: first on 4 May 2009 for AED 566,888, last on 22 September 2010 for AED 500,000 (AED 920 per sqft).
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2022 and recovered to AED 70,000 by November 2024.
  • At AED 70,000 a year the gross yield on the 2010 price is 14.0%, before a service charge of about AED 5,700 a year (AED 21.00 per sqft).
  • Studios in 8 Boulevard Walk sold for AED 1,090,000–1,090,000 in the 12 months to November 2026; the building's median across all types is AED 1,815 per sqft.

Source: Dubai Land Department. Updated 29 November 2024.

Questions about 2408, 8 Boulevard Walk

What did unit 2408 last sell for?

AED 500,000 on 22 September 2010: AED 920 per sqft for 272 sqft. The unit has 2 registered sales; the first was AED 566,888 in May 2009.

What is the rent for unit 2408?

AED 70,000 a year on the contract signed on 29 November 2024. The previous contract, from June 2022, was AED 45,000; the unit has been rented since February 2014.

How big is unit 2408?

272 sqft (25.3 sqm): a studio on the 24th floor of a 35-storey tower completed in 2008.

What is unit 2408 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 1,090,000 to 1,090,000 in the last 12 months, around AED 2,007 per sqft.

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Mortgage on 2408, 8 Boulevard Walk

Starts from the last sale price (AED 500K, 22 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →