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2-bed · 2,524 sqft8 Boulevard Walk, Downtown Dubai · 4th floor · completed 2008

407, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in May 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 3 January 2025
Last soldAED 2.5M28 May 2017
Current rentAED 190K /yr3 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, 8 Boulevard Walk

What is 407 worth today?

Last sold for AED 2,500,000 in 2017

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3 Jan 2025RentedRenewal
AED 190,000/yr12 months · AED 75 per sqft
3 Jan 2024RentedRenewal
AED 190,000/yr12 months · AED 75 per sqft
3 Jan 2023RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
9 Jun 2018RentedNew contract
AED 99,723/yr12 months · AED 40 per sqft
28 May 2017SoldReady
AED 2,500,000AED 990 per sqft
27 Sep 2009Sold by developerReady
AED 1,253,888AED 496 per sqft

Source: Dubai Land Department. Updated 3 January 2025.

Key facts

Type
2-bed apartment
Size
2,524 sqft
Floor
4th of 35
Parking
B1-132
Developer
Emaar
Completed
2008
Service charge
AED 53,000 /yr
Last sold
AED 2.5M · May 2017
Building
8 Boulevard Walk

About 407, 8 Boulevard Walk

407 is a two-bedroom apartment of 2,524 sqft on the 4th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 28 May 2017 for AED 2,500,000, or AED 990 per sqft, 26% below the AED 1,346 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 3 January 2025, is AED 190,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 53,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2009: AED 1,253,888 (AED 496 per sqft)Sold, May 2017: AED 2,500,000 (AED 990 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in 8 Boulevard Walk
100K150K200K2012201620202024Typical 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, June 2018: AED 99,723 a yearNew contract, January 2023: AED 190,000 a yearRenewal, January 2024: AED 190,000 a yearRenewal, January 2025: AED 190,000 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 407 sits

All 93 2-beds →

407 last sold in May 2017 at AED 990 per sqft, 26% below what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,346). 407's AED 190,000 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 4th floor

All 347 units in 8 Boulevard Walk
Value
4061-bedAED 1.5M · Mar 2016
408StudioAED 882K · Aug 2013
409StudioAED 900K · Oct 2023
4102-bedAED 1.38M · Sep 2013
4111-bedAED 1.51M · Feb 2023

407, 8 Boulevard Walk in numbers

  • Sold twice: first on 27 September 2009 for AED 1,253,888, last on 28 May 2017 for AED 2,500,000 (AED 990 per sqft).
  • Rented since June 2018 on 4 Ejari contracts, from AED 99,723 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 53,000 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 3 January 2025.

Questions about 407, 8 Boulevard Walk

What did unit 407 last sell for?

AED 2,500,000 on 28 May 2017: AED 990 per sqft for 2,524 sqft. The unit has 2 registered sales; the first was AED 1,253,888 in September 2009.

What is the rent for unit 407?

AED 190,000 a year on the contract renewed on 3 January 2025. The previous contract, from January 2024, was AED 190,000; the unit has been rented since June 2018.

How big is unit 407?

2,524 sqft (234.5 sqm): a two-bedroom apartment on the 4th floor of a 35-storey tower completed in 2008.

What is unit 407 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 407, 8 Boulevard Walk

Starts from the last sale price (AED 2.5M, 28 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →