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1-bed · 744 sqftHayat Boulevard 1A, Town Square · 2nd floor · completed 2020

216, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 9 July 2024
Last soldAED 750K9 July 2024
Current rentAED 65K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Hayat Boulevard 1A

What is 216 worth today?

Last sold for AED 750,000 in 2024

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9 Jul 2024SoldReady
AED 750,000AED 1,008 per sqft
20 Nov 2023RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
21 Oct 2022RentedRenewal
AED 43,000/yr12 months · AED 58 per sqft
21 Oct 2021RentedNew contract
AED 41,000/yr12 months · AED 55 per sqft
10 Aug 2017Sold by developerOff-plan
AED 744,888AED 1,001 per sqft

Source: Dubai Land Department. Updated 9 July 2024.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
2nd of 7
Parking
G-108
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 750K · July 2024
Building
Hayat Boulevard 1A

About 216, Hayat Boulevard 1A

216 is a one-bedroom apartment of 744 sqft on the 2nd floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 9 July 2024 for AED 750,000, or AED 1,008 per sqft, in line with the AED 1,008 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 November 2023, is AED 65,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical one-bed in Hayat Boulevard 1A
600K700K2016201920222025Typical sale price by year: 2016 AED 627,888; 2017 AED 652,388; 2018 AED 654,888; 2020 AED 632,888; 2021 AED 625,888; 2023 AED 590,444; 2024 AED 700,888; 2025 AED 750,000Sold by developer, August 2017: AED 744,888 (AED 1,001 per sqft)Sold, July 2024: AED 750,000 (AED 1,008 per sqft)

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

Rents
Unit 216, each contractTypical one-bed in Hayat Boulevard 1A
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 40,075; 2024 AED 48,583; 2025 AED 55,000; 2026 AED 55,000New contract, October 2021: AED 41,000 a yearRenewal, October 2022: AED 43,000 a yearNew contract, November 2023: AED 65,000 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 Hayat Boulevard 1A, and where 216 sits

All 62 1-beds →

216 last sold in July 2024 at AED 1,008 per sqft, in line with what one-beds in Hayat Boulevard 1A were fetching at the time (AED 1,008). Over the last 12 months one-beds sold for AED 760,000 to 830,000, around AED 1,115 per sqft, and rent for AED 42,770 to 78,000 a year. 216's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 2026800,000
25 Mar 2026760,000
15 Dec 2025830,000
25 Nov 2025780,000
4 1-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 2nd floor

All 184 units in Hayat Boulevard 1A
Value
2012-bedAED 1.1M · Jul 2026
2023-bedAED 1.52M · Nov 2024
2031-bedAED 622K · Jan 2017
2041-bedAED 545K · Jul 2017
2051-bedAED 613K · Dec 2016
206StudioAED 260K · Mar 2023
2071-bedAED 545K · Jan 2017
1–7 of 26

216, Hayat Boulevard 1A in numbers

  • Sold twice: first on 10 August 2017 for AED 744,888, last on 9 July 2024 for AED 750,000 (AED 1,008 per sqft).
  • Rented since October 2021 on 3 Ejari contracts, from AED 41,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 12,600 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1A sold for AED 760,000–830,000 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 9 July 2024.

Questions about 216, Hayat Boulevard 1A

What did unit 216 last sell for?

AED 750,000 on 9 July 2024: AED 1,008 per sqft for 744 sqft. The unit has 2 registered sales; the first was AED 744,888 in August 2017.

What is the rent for unit 216?

AED 65,000 a year on the contract signed on 20 November 2023. The previous contract, from October 2022, was AED 43,000; the unit has been rented since October 2021.

How big is unit 216?

744 sqft (69.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1A sold for AED 760,000 to 830,000 in the last 12 months, around AED 1,115 per sqft.

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Mortgage on 216, Hayat Boulevard 1A

Starts from the last sale price (AED 750K, 9 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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