2-bed · 895 sqftHayat Boulevard 1A, Town Square · 1st floor · completed 2020

116, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 5 July 2025
Last soldAED 789K28 November 2016
Current rentAED 80K /yr5 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Hayat Boulevard 1A

What is 116 worth today?

Last sold for AED 788,888 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Jul 2025RentedRenewal
AED 80,000/yr12 months · AED 89 per sqft
5 Jul 2025RentedRenewal
AED 80,000/yr12 months · AED 89 per sqft
5 Jul 2024RentedNew contract
AED 80,000/yr12 months · AED 89 per sqft
20 Jun 2023RentedRenewal
AED 53,130/yr12 months · AED 59 per sqft
20 Jun 2022RentedRenewal
AED 48,300/yr12 months · AED 54 per sqft
20 Jun 2021RentedNew contract
AED 42,000/yr12 months · AED 47 per sqft
11 Jul 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
28 Nov 2016Sold by developerOff-plan
AED 788,888AED 881 per sqft

Source: Dubai Land Department. Updated 5 July 2025.

Key facts

Type
2-bed apartment
Size
895 sqft
Floor
1st of 7
Parking
G-159
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 789K · November 2016

About 116, Hayat Boulevard 1A

116 is a two-bedroom apartment of 895 sqft on the 1st floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 28 November 2016 for AED 788,888, or AED 881 per sqft, in line with the AED 880 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 July 2025, is AED 80,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 15,200 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Hayat Boulevard 1A
750K1M1.25M2016201920222025Typical sale price by year: 2016 AED 811,888; 2017 AED 880,888; 2020 AED 835,888; 2021 AED 868,388; 2022 AED 725,000; 2024 AED 970,000; 2025 AED 1,205,000; 2026 AED 1,112,500Sold by developer, November 2016: AED 788,888 (AED 881 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Hayat Boulevard 1A
40K60K80K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 45,000; 2022 AED 52,000; 2023 AED 60,000; 2024 AED 72,000; 2025 AED 79,572; 2026 AED 80,000New contract, July 2020: AED 40,000 a yearNew contract, June 2021: AED 42,000 a yearRenewal, June 2022: AED 48,300 a yearRenewal, June 2023: AED 53,130 a yearNew contract, July 2024: AED 80,000 a yearRenewal, July 2025: AED 80,000 a yearRenewal, July 2025: AED 80,000 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 Hayat Boulevard 1A, and where 116 sits

All 89 2-beds →

116 last sold in November 2016 at AED 881 per sqft, in line with what two-beds in Hayat Boulevard 1A were fetching at the time (AED 880). Over the last 12 months two-beds sold for AED 1,020,000 to 1,250,000, around AED 1,160 per sqft, and rent for AED 61,099 to 105,000 a year. 116's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20261,125,000
21 Jul 20261,100,000
12 Jun 20261,075,000
12 Jun 20261,155,000
9 2-bed sales in the last 12 months

Hayat Boulevard 1A

Building

184 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,168 Up 4.8%
Typical sale
AED 1.06M
Typical rent
AED 66K /yr
Typical yield
7.1%
Hayat Boulevard 1A, Town Square: prices, sales and rents →

Other units on the 1st floor

All 184 units in Hayat Boulevard 1A
Value
1012-bedAED 989K · Aug 2021
1023-bedAED 1.6M · Nov 2023
1032-bedAED 1.33M · Jun 2025
1042-bedAED 789K · Jan 2018
105StudioAED 379K · Dec 2016
1061-bedAED 810K · Jun 2025
1071-bedAED 695K · Dec 2017
1–7 of 22

116, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 28 November 2016 for AED 788,888, or AED 881 per sqft.
  • Rented since July 2020 on 7 Ejari contracts, from AED 40,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 15,200 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 1A sold for AED 1,020,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,168 per sqft.

Source: Dubai Land Department. Updated 5 July 2025.

Questions about 116, Hayat Boulevard 1A

What did unit 116 last sell for?

AED 788,888 on 28 November 2016, sold by the developer: AED 881 per sqft for 895 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 80,000 a year on the contract renewed on 5 July 2025. The previous contract, from July 2025, was AED 80,000; the unit has been rented since July 2020.

How big is unit 116?

895 sqft (83.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2020.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hayat Boulevard 1A sold for AED 1,020,000 to 1,250,000 in the last 12 months, around AED 1,160 per sqft.

Selling 116? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 116, Hayat Boulevard 1A

Starts from the last sale price (AED 789K, 28 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 788,888
Deposit, UAE resident (20%)
AED 157,778
Deposit, non-resident (40%)
AED 315,555
Monthly over 25 years at 3.7%
AED 3,228

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