1-bed · 1,404 sqft8 Boulevard Walk, Downtown Dubai · 7th floor · completed 2008

707, 8 Boulevard Walk

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 1.01M4 July 2023
Current rentAED 60K /yr17 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, 8 Boulevard Walk

What is 707 worth today?

Last sold for AED 1,012,000 in 2023

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4 Jul 2023SoldReady
AED 1,012,000AED 720 per sqft
17 Aug 2021RentedRenewal
AED 60,000/yr13 months · AED 43 per sqft
17 Jul 2020RentedNew contract
AED 60,000/yr13 months · AED 43 per sqft
3 Jun 2019RentedRenewal
AED 75,000/yr12 months · AED 54 per sqft
10 Nov 2016RentedNew contract
AED 100,000/yr12 months · AED 71 per sqft
5 Jul 2009Sold by developerReady
AED 848,888AED 604 per sqft

Source: Dubai Land Department. Updated 4 July 2023.

Key facts

Type
1-bed apartment
Size
1,404 sqft
Floor
7th of 35
Parking
B1-109
Developer
Emaar
Completed
2008
Service charge
AED 29,500 /yr
Last sold
AED 1.01M · July 2023

About 707, 8 Boulevard Walk

707 is a one-bedroom apartment of 1,404 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 4 July 2023 for AED 1,012,000, or AED 720 per sqft, 36% below the AED 1,132 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 17 August 2021, is AED 60,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 29,500 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in 8 Boulevard Walk
1M1.5M2008201320182023Typical sale price by year: 2008 AED 771,888; 2009 AED 913,444; 2010 AED 833,888; 2011 AED 819,888; 2012 AED 900,944; 2013 AED 1,160,000; 2014 AED 1,635,000; 2015 AED 1,456,500; 2016 AED 1,275,000; 2017 AED 1,380,000; 2018 AED 1,148,433; 2019 AED 900,000; 2020 AED 850,000; 2021 AED 975,444; 2022 AED 1,050,000; 2023 AED 1,413,824; 2024 AED 1,540,000; 2025 AED 1,720,000Sold by developer, July 2009: AED 848,888 (AED 604 per sqft)Sold, July 2023: AED 1,012,000 (AED 720 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in 8 Boulevard Walk
75K100K2012201620202024Typical rent by year: 2012 AED 73,500; 2013 AED 82,000; 2014 AED 95,000; 2015 AED 100,000; 2016 AED 100,000; 2017 AED 87,500; 2018 AED 77,500; 2019 AED 73,000; 2020 AED 63,500; 2021 AED 62,000; 2022 AED 71,510; 2023 AED 85,550; 2024 AED 100,000; 2025 AED 100,000; 2026 AED 110,000New contract, November 2016: AED 100,000 a yearRenewal, June 2019: AED 75,000 a yearNew contract, July 2020: AED 60,000 a yearRenewal, August 2021: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in 8 Boulevard Walk, and where 707 sits

All 171 1-beds →

707 last sold in July 2023 at AED 720 per sqft, 36% below what one-beds in 8 Boulevard Walk were fetching at the time (AED 1,132). Over the last 12 months one-beds sold for AED 1,600,000 to 1,925,000, around AED 1,803 per sqft, and rent for AED 85,000 to 149,555 a year. 707's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Feb 20261,630,000
29 Jan 20261,790,100
26 Dec 20251,780,000
14 Jul 20252,250,000
7 1-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
7022-bedAED 2.9M · Apr 2024
7032-bedAED 2.22M · Jan 2024
7041-bedAED 985K · Aug 2010
7051-bedAED 1.58M · Nov 2023
7061-bedAED 724K · Jan 2013
708StudioAED 510K · Sep 2024
1–7 of 10

707, 8 Boulevard Walk in numbers

  • Sold twice: first on 5 July 2009 for AED 848,888, last on 4 July 2023 for AED 1,012,000 (AED 720 per sqft).
  • Rented since November 2016 on 4 Ejari contracts, from AED 100,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 29,500 a year (AED 21.00 per sqft).
  • One-beds in 8 Boulevard Walk sold for AED 1,600,000–1,925,000 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 4 July 2023.

Questions about 707, 8 Boulevard Walk

What did unit 707 last sell for?

AED 1,012,000 on 4 July 2023: AED 720 per sqft for 1,404 sqft. The unit has 2 registered sales; the first was AED 848,888 in July 2009.

What is the rent for unit 707?

AED 60,000 a year on the contract renewed on 17 August 2021. The previous contract, from July 2020, was AED 60,000; the unit has been rented since November 2016.

How big is unit 707?

1,404 sqft (130.4 sqm): a one-bedroom apartment on the 7th floor of a 35-storey tower completed in 2008.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in 8 Boulevard Walk sold for AED 1,600,000 to 1,925,000 in the last 12 months, around AED 1,803 per sqft.

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Mortgage on 707, 8 Boulevard Walk

Starts from the last sale price (AED 1.01M, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,012,000
Deposit, UAE resident (20%)
AED 202,400
Deposit, non-resident (40%)
AED 404,800
Monthly over 25 years at 3.7%
AED 4,140

Plus AED 47,514 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →