2-bed · 934 sqftHayat Boulevard 1A, Town Square · 2nd floor · completed 2020

222, Hayat Boulevard 1A

Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 222 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 950K4 June 2024
Current rentAED 46K /yr6 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 222, Hayat Boulevard 1A

What is 222 worth today?

Last sold for AED 950,000 in 2024

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4 Jun 2024SoldReady
AED 950,000AED 1,016 per sqft
28 Jun 2022SoldReady
AED 725,000AED 775 per sqft
6 Aug 2021RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
6 Aug 2020RentedNew contract
AED 44,000/yr12 months · AED 47 per sqft
10 May 2017Sold by developerOff-plan
AED 880,888AED 942 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
2nd of 7
Parking
P-175
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 950K · June 2024

About 222, Hayat Boulevard 1A

222 is a two-bedroom apartment of 934 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 4 June 2024 for AED 950,000, or AED 1,016 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 6 August 2021, is AED 46,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 15,900 a year.

Sales and rents for 222 over time

Sales
Unit 222, 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, May 2017: AED 880,888 (AED 942 per sqft)Sold, June 2022: AED 725,000 (AED 775 per sqft)Sold, June 2024: AED 950,000 (AED 1,016 per sqft)

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

Rents
Unit 222, 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, August 2020: AED 44,000 a yearRenewal, August 2021: AED 46,000 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 222 sits

All 89 2-beds →

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. 222's AED 46,000 is at the bottom 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 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

222, Hayat Boulevard 1A in numbers

  • Sold 3 times: first on 10 May 2017 for AED 880,888, last on 4 June 2024 for AED 950,000 (AED 1,016 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 44,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 15,900 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 4 June 2024.

Questions about 222, Hayat Boulevard 1A

What did unit 222 last sell for?

AED 950,000 on 4 June 2024: AED 1,016 per sqft for 934 sqft. The unit has 3 registered sales; the first was AED 880,888 in May 2017.

What is the rent for unit 222?

AED 46,000 a year on the contract renewed on 6 August 2021. The previous contract, from August 2020, was AED 44,000.

How big is unit 222?

934 sqft (86.8 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 222 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.

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Mortgage on 222, Hayat Boulevard 1A

Starts from the last sale price (AED 950K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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