508, 8 Boulevard Walk
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, 8 Boulevard Walk
What is 508 worth today?
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Source: Dubai Land Department. Updated 27 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 543 sqft
- Floor
- 5th of 35
- Parking
- B2-060
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 11,400 /yr
- Last sold
- AED 510K · August 2014
- Building
- 8 Boulevard Walk
About 508, 8 Boulevard Walk
508 is a studio of 543 sqft on the 5th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. The developer sold it on 20 August 2014 for AED 509,888, or AED 938 per sqft, 51% below the AED 1,924 studios in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 27 January 2025, is AED 74,000 a year: a gross yield of 14.5% on the 2014 price, before the service charge of about AED 11,400 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the studio median of each year in the building.
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 508 sits
All 61 studios →508 last sold in August 2014 at AED 938 per sqft, 51% below what studios in 8 Boulevard Walk were fetching at the time (AED 1,924). 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. 508's AED 74,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 543 sqft | 1,090,000 | 2,007 | ||
| 28 Jul 202528 July 2025 | 543 sqft | 1,250,000 | 2,302 | ||
| 15 Jul 202515 July 2025 | 543 sqft | 1,270,000 | 2,338 | ||
| 24 Apr 202524 April 2025 | 543 sqft | 1,050,000 | 1,933 |
8 Boulevard Walk
Building347 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%
Other units on the 5th floor
All 347 units in 8 Boulevard Walk| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,634 sqft | AED 1.2MAED 1,198,888 · Jun 2009June 2009 | 103,140 /yr | |
| 502 | 2-bed | 1,726 sqft | AED 2.9MAED 2,900,000 · Jul 2014July 2014 | 124,332 /yr | |
| 503 | 2-bed | 1,530 sqft | AED 1.34MAED 1,342,888 · Mar 2009March 2009 | 155,000 /yr | |
| 504 | 1-bed | 1,297 sqft | AED 1.25MAED 1,250,000 · Oct 2014October 2014 | 89,467 /yr | |
| 505 | 1-bed | 936 sqft | AED 704KAED 703,888 · Jun 2010June 2010 | 90,200 /yr | |
| 506 | 1-bed | 865 sqft | AED 716KAED 715,888 · Jun 2010June 2010 | 90,000 /yr | |
| 507 | 2-bed | 1,399 sqft | AED 2.1MAED 2,100,000 · Apr 2017April 2017 | 150,000 /yr | |
| 509 | 543 sqft | AED 925KAED 925,000 · Jul 2023July 2023 | 80,000 /yr | ||
| 510 | 2-bed | 1,398 sqft | AED 2.68MAED 2,675,000 · Oct 2024October 2024 | 250,000 /yr | |
| 511 | 887 sqft | AED 1.6MAED 1,600,000 · Nov 2025November 2025 | 63,250 /yr |
508, 8 Boulevard Walk in numbers
- Sold once: by Emaar on 20 August 2014 for AED 509,888, or AED 938 per sqft.
- Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 74,000 by January 2025.
- At AED 74,000 a year the gross yield on the 2014 price is 14.5%, before a service charge of about AED 11,400 a year (AED 21.00 per sqft).
- Studios in 8 Boulevard Walk sold for AED 1,090,000–1,090,000 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 27 January 2025.
Questions about 508, 8 Boulevard Walk
What did unit 508 last sell for?
AED 509,888 on 20 August 2014, sold by the developer: AED 938 per sqft for 543 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 74,000 a year on the contract renewed on 27 January 2025. The previous contract, from October 2024, was AED 68,000; the unit has been rented since October 2013.
How big is unit 508?
543 sqft (50.4 sqm): a studio on the 5th floor of a 35-storey tower completed in 2008.
What is unit 508 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 508, 8 Boulevard Walk
Starts from the last sale price (AED 510K, 20 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 509,888
- Deposit, UAE resident (20%)
- AED 101,978
- Deposit, non-resident (40%)
- AED 203,955
- Monthly over 25 years at 3.7%
- AED 2,086
Plus AED 26,426 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →