2-bed · 1,726 sqft8 Boulevard Walk, Downtown Dubai · 7th floor · completed 2008

702, 8 Boulevard Walk

Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 2.9M18 April 2024
Current rentAED 195K /yr13 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, 8 Boulevard Walk

What is 702 worth today?

Last sold for AED 2,900,000 in 2024

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18 Apr 2024SoldReady
AED 2,900,000AED 1,680 per sqft
13 Jun 2023RentedNew contract
AED 195,000/yr12 months · AED 113 per sqft
17 May 2022SoldReady
AED 1,850,000AED 1,071 per sqft
19 Jan 2010Sold by developerReady
AED 1,420,888AED 823 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
2-bed apartment
Size
1,726 sqft
Floor
7th of 35
Parking
B1-128
Developer
Emaar
Completed
2008
Service charge
AED 36,200 /yr
Last sold
AED 2.9M · April 2024

About 702, 8 Boulevard Walk

702 is a two-bedroom apartment of 1,726 sqft on the 7th floor of 8 Boulevard Walk, a 35-storey tower in Downtown Dubai completed in 2008 by Emaar. It last sold on 18 April 2024 for AED 2,900,000, or AED 1,680 per sqft, 17% above the AED 1,440 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 June 2023. The current contract, signed on 13 June 2023, is AED 195,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 36,200 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, January 2010: AED 1,420,888 (AED 823 per sqft)Sold, May 2022: AED 1,850,000 (AED 1,071 per sqft)Sold, April 2024: AED 2,900,000 (AED 1,680 per sqft)

702 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, 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 2023: AED 195,000 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 702 sits

All 93 2-beds →

702 last sold in April 2024 at AED 1,680 per sqft, 17% above what two-beds in 8 Boulevard Walk were fetching at the time (AED 1,440). 702's AED 195,000 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 7th floor

All 347 units in 8 Boulevard Walk
Value
7012-bedAED 1.24M · Sep 2017
7032-bedAED 2.22M · Jan 2024
7041-bedAED 985K · Aug 2010
7051-bedAED 1.58M · Nov 2023
7061-bedAED 724K · Jan 2013
7071-bedAED 1.01M · Jul 2023
708StudioAED 510K · Sep 2024
1–7 of 10

702, 8 Boulevard Walk in numbers

  • Sold 3 times: first on 19 January 2010 for AED 1,420,888, last on 18 April 2024 for AED 2,900,000 (AED 1,680 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 36,200 a year (AED 21.00 per sqft).

Source: Dubai Land Department. Updated 18 April 2024.

Questions about 702, 8 Boulevard Walk

What did unit 702 last sell for?

AED 2,900,000 on 18 April 2024: AED 1,680 per sqft for 1,726 sqft. The unit has 3 registered sales; the first was AED 1,420,888 in January 2010.

What is the rent for unit 702?

AED 195,000 a year on the contract signed on 13 June 2023.

How big is unit 702?

1,726 sqft (160.4 sqm): a two-bedroom apartment on the 7th floor of a 35-storey tower completed in 2008.

What is unit 702 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 702, 8 Boulevard Walk

Starts from the last sale price (AED 2.9M, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →