Studio · 543 sqft8 Boulevard Walk, Downtown Dubai · 6th floor · completed 2008

609, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in September 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 645K26 September 2012
Current rentAED 71K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, 8 Boulevard Walk

What is 609 worth today?

Last sold for AED 644,888 in 2012

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15 Aug 2024RentedRenewal
AED 71,000/yr13 months · AED 131 per sqft
15 Aug 2023RentedRenewal
AED 50,600/yr12 months · AED 93 per sqft
15 Aug 2021RentedNew contract
AED 40,000/yr12 months · AED 74 per sqft
12 May 2020RentedRenewal
AED 52,000/yr12 months · AED 96 per sqft
12 Nov 2019RentedNew contract
AED 59,000/yr6 months · AED 109 per sqft
12 Nov 2018RentedNew contract
AED 59,000/yr12 months · AED 110 per sqft
23 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft
15 Oct 2016RentedNew contract
AED 75,000/yr12 months · AED 139 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
6th of 35
Parking
B2-057
Developer
Emaar
Completed
2008
Service charge
AED 11,400 /yr
Last sold
AED 645K · September 2012

About 609, 8 Boulevard Walk

609 is a studio of 543 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 26 September 2012 for AED 644,888, or AED 1,187 per sqft, 10% above the AED 1,077 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 71,000 a year: a gross yield of 11.0% on the 2012 price, before the service charge of about AED 11,400 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, August 2012: AED 644,888 (AED 1,187 per sqft)Sold, September 2012: AED 644,888 (AED 1,187 per sqft)

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

Rents
Unit 609, 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, September 2014: AED 70,000 a yearNew contract, September 2015: AED 72,000 a yearNew contract, October 2016: AED 75,000 a yearNew contract, October 2017: AED 75,000 a yearNew contract, November 2018: AED 59,000 a yearNew contract, November 2019: AED 59,000 a yearRenewal, May 2020: AED 52,000 a yearNew contract, August 2021: AED 40,000 a yearRenewal, August 2023: AED 50,600 a yearRenewal, August 2024: AED 71,000 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 609 sits

All 61 studios →

609 last sold in September 2012 at AED 1,187 per sqft, 10% above what studios in 8 Boulevard Walk were fetching at the time (AED 1,077). 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. 609's AED 71,000 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 6th floor

All 347 units in 8 Boulevard Walk
Value
6012-bedAED 602K · Feb 2011
6022-bedAED 1.6M · Oct 2010
6032-bedAED 1.12M · Dec 2020
6041-bedAED 1.01M · Dec 2021
6051-bedAED 1.16M · Dec 2012
6061-bedAED 1.3M · Nov 2013
6072-bedAED 2M · Dec 2023
1–7 of 10

609, 8 Boulevard Walk in numbers

  • Sold twice: first on 7 August 2012 for AED 644,888, last on 26 September 2012 for AED 644,888 (AED 1,187 per sqft).
  • Rented since September 2014 on 10 Ejari contracts. The rent fell from AED 70,000 to AED 40,000 in 2021 and recovered to AED 71,000 by August 2024.
  • At AED 71,000 a year the gross yield on the 2012 price is 11.0%, 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 15 August 2024.

Questions about 609, 8 Boulevard Walk

What did unit 609 last sell for?

AED 644,888 on 26 September 2012: AED 1,187 per sqft for 543 sqft. The unit has 2 registered sales; the first was AED 644,888 in August 2012.

What is the rent for unit 609?

AED 71,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 50,600; the unit has been rented since September 2014.

How big is unit 609?

543 sqft (50.4 sqm): a studio on the 6th floor of a 35-storey tower completed in 2008.

What is unit 609 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 609, 8 Boulevard Walk

Starts from the last sale price (AED 645K, 26 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 644,888
Deposit, UAE resident (20%)
AED 128,978
Deposit, non-resident (40%)
AED 257,955
Monthly over 25 years at 3.7%
AED 2,638

Plus AED 32,096 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →