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2-bed · 1,530 sqft8 Boulevard Walk, Downtown Dubai · 6th floor · completed 2008

603, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in December 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.12M15 December 2020
Current rentAED 110K /yr6 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, 8 Boulevard Walk

What is 603 worth today?

Last sold for AED 1,115,000 in 2020

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15 Dec 2020SoldReady
AED 1,115,000AED 728 per sqft
6 Jun 2019RentedRenewal
AED 110,000/yr12 months · AED 72 per sqft
6 Jun 2017RentedNew contract
AED 120,000/yr12 months · AED 78 per sqft
20 Apr 2014RentedNew contract
AED 155,000/yr12 months · AED 101 per sqft
14 Sep 2009Sold by developerReady · flagged as an outlier
AED 660,944AED 431 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2020.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
6th of 35
Parking
B2-149
Developer
Emaar
Completed
2008
Service charge
AED 32,100 /yr
Last sold
AED 1.12M · December 2020
Building
8 Boulevard Walk

About 603, 8 Boulevard Walk

603 is a two-bedroom apartment of 1,530 sqft on the 6th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 15 December 2020 for AED 1,115,000, or AED 728 per sqft, 7% below the AED 784 two-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 6 June 2019, is AED 110,000 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 32,100 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, December 2020: AED 1,115,000 (AED 728 per sqft)

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

Rents
Unit 603, 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, April 2014: AED 155,000 a yearNew contract, June 2017: AED 120,000 a yearRenewal, June 2019: AED 110,000 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 603 sits

All 93 2-beds →

603 last sold in December 2020 at AED 728 per sqft, 7% below what two-beds in 8 Boulevard Walk were fetching at the time (AED 784). 603's AED 110,000 is at the bottom 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 6th floor

All 347 units in 8 Boulevard Walk
Value
6012-bedAED 602K · Feb 2011
6022-bedAED 1.6M · Oct 2010
6041-bedAED 1.01M · Dec 2021
6051-bedAED 1.16M · Dec 2012
6061-bedAED 1.3M · Nov 2013
6072-bedAED 2M · Dec 2023
608StudioAED 900K · Feb 2016
1–7 of 10

603, 8 Boulevard Walk in numbers

  • Sold twice: first on 14 September 2009 for AED 660,944, last on 15 December 2020 for AED 1,115,000 (AED 728 per sqft).
  • Rented since April 2014 on 3 Ejari contracts, from AED 155,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2020 price is 9.9%, before a service charge of about AED 32,100 a year (AED 21.00 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 15 December 2020.

Questions about 603, 8 Boulevard Walk

What did unit 603 last sell for?

AED 1,115,000 on 15 December 2020: AED 728 per sqft for 1,530 sqft. The unit has 2 registered sales; the first was AED 660,944 in September 2009.

What is the rent for unit 603?

AED 110,000 a year on the contract renewed on 6 June 2019. The previous contract, from June 2017, was AED 120,000; the unit has been rented since April 2014.

How big is unit 603?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 6th floor of a 35-storey tower completed in 2008.

What is unit 603 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 603, 8 Boulevard Walk

Starts from the last sale price (AED 1.12M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,115,000
Deposit, UAE resident (20%)
AED 223,000
Deposit, non-resident (40%)
AED 446,000
Monthly over 25 years at 3.7%
AED 4,562

Plus AED 51,840 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →