Studio · 320 sqftHayat Boulevard 1A, Town Square · 2nd floor · completed 2020

227, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 227 · DLD and Ejari recordsUpdated 17 October 2023

Last soldAED 320K12 May 2023

Current rentAED 40K /yr17 October 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 227, Hayat Boulevard 1A

Today

What is 227 worth today?

Last sold for AED 320,000 in 2023

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17 Oct 2023

17 Oct 2023RentedNew contract

AED 40,000/yr12 months · AED 124 per sqft

12 May 2023

12 May 2023SoldReady

AED 320,000AED 999 per sqft

11 Jan 2023

11 Jan 2023RentedRenewal

AED 23,805/yr12 months · AED 74 per sqft

11 Jan 2022

11 Jan 2022RentedRenewal

AED 20,700/yr12 months · AED 65 per sqft

11 Jan 2021

11 Jan 2021RentedNew contract

AED 18,000/yr12 months · AED 56 per sqft

15 Jul 2020

15 Jul 2020RentedNew contract

AED 23,000/yr12 months · AED 72 per sqft

10 Jan 2017

10 Jan 2017Sold by developerOff-plan

AED 426,888AED 1,333 per sqft

Source: Dubai Land Department. Updated 17 October 2023.

Key facts

Type: Studio apartment
Size: 320 sqft
Floor: 2nd of 7
Parking: G-85
Developer: Nshmi Development
Completed: 2020
Service charge: AED 5,400 /yr
Last sold: AED 320K · May 2023
Building: Hayat Boulevard 1A

About 227, Hayat Boulevard 1A

227 is a studio of 320 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 12 May 2023 for AED 320,000, or AED 999 per sqft, in line with the AED 978 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 17 October 2023, is AED 40,000 a year: a gross yield of 12.5% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for 227 over time

Sales

Unit 227, each saleTypical studio in Hayat Boulevard 1A

227 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 227, each contractTypical studio in Hayat Boulevard 1A

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

Studios in Hayat Boulevard 1A, and where 227 sits

All 13 studios →

Studios in Hayat Boulevard 1A · last 12 months1,590 /sqft Hayat Boulevard 1A · all types1,168 /sqft

227 last sold in May 2023 at AED 999 per sqft, in line with what studios in Hayat Boulevard 1A were fetching at the time (AED 978). Over the last 12 months studios sold for AED 499,000 to 560,000, around AED 1,590 per sqft, and rent for AED 36,000 to 48,000 a year. 227's AED 40,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
30 Jan 202630 January 2026	314 sqft	560,000	1,782
22 Dec 202522 December 2025	320 sqft	500,000	1,564
17 Dec 202517 December 2025	314 sqft	499,000	1,590
10 Apr 202510 April 2025	320 sqft	440,000	1,376

3 studio 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


201	2-bed	935 sqft	AED 1.1MAED 1,100,000 · Jul 2026July 2026	83,000 /yr
202	3-bed	1,415 sqft	AED 1.52MAED 1,520,000 · Nov 2024November 2024
203	1-bed	657 sqft	AED 622KAED 621,888 · Jan 2017January 2017	61,000 /yr
204	1-bed	603 sqft	AED 545KAED 544,888 · Jul 2017July 2017	55,000 /yr
205	1-bed	655 sqft	AED 613KAED 612,888 · Dec 2016December 2016	47,408 /yr
206	Studio	314 sqft	AED 260KAED 260,000 · Mar 2023March 2023	45,000 /yr
207	1-bed	607 sqft	AED 545KAED 544,888 · Jan 2017January 2017	47,419 /yr
208	1-bed	697 sqft	AED 480KAED 480,000 · Nov 2022November 2022	78,000 /yr
209	1-bed	724 sqft	AED 740KAED 740,000 · Aug 2024August 2024	33,000 /yr
210	2-bed	879 sqft	AED 789KAED 788,888 · Feb 2017February 2017	81,773 /yr
211	2-bed	1,050 sqft	AED 948KAED 947,888 · Sep 2017September 2017
212	1-bed	684 sqft	AED 683KAED 682,888 · Jan 2017January 2017	60,000 /yr
213	1-bed	695 sqft	AED 740KAED 740,000 · Feb 2025February 2025	57,000 /yr
214	2-bed	1,068 sqft	AED 580KAED 580,000 · Dec 2020December 2020	81,000 /yr
215	2-bed	890 sqft	AED 789KAED 788,888 · Feb 2017February 2017	66,150 /yr
216	1-bed	744 sqft	AED 750KAED 750,000 · Jul 2024July 2024	65,000 /yr
217	1-bed	679 sqft	AED 691KAED 690,888 · Jan 2017January 2017	49,350 /yr
218	2-bed	878 sqft	AED 1.12MAED 1,120,000 · Jul 2025July 2025
219	2-bed	896 sqft	AED 1.04MAED 1,040,000 · Feb 2026February 2026	85,000 /yr
220	2-bed	1,001 sqft	AED 862KAED 861,888 · Jan 2017January 2017	49,500 /yr
221	3-bed	1,415 sqft	AED 1.31MAED 1,310,000 · Oct 2023October 2023	110,000 /yr
222	2-bed	934 sqft	AED 950KAED 950,000 · Jun 2024June 2024	46,000 /yr
223	3-bed	1,413 sqft	AED 850KAED 850,000 · Sep 2020September 2020
224	2-bed	899 sqft	AED 1.28MAED 1,275,000 · Oct 2025October 2025	75,000 /yr
225	2-bed	908 sqft	AED 861KAED 860,888 · Jun 2020June 2020	72,798 /yr
226	2-bed	1,127 sqft	AED 1.15MAED 1,150,000 · Jun 2026June 2026	63,419 /yr

1–7 of 26

227, Hayat Boulevard 1A in numbers

Sold twice: first on 10 January 2017 for AED 426,888, last on 12 May 2023 for AED 320,000 (AED 999 per sqft).
Rented since July 2020 on 5 Ejari contracts. The rent fell from AED 23,000 to AED 18,000 in 2021 and recovered to AED 40,000 by October 2023.
At AED 40,000 a year the gross yield on the 2023 price is 12.5%, before a service charge of about AED 5,400 a year (AED 16.97 per sqft).
Studios in Hayat Boulevard 1A sold for AED 499,000–560,000 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 17 October 2023.

Questions about 227, Hayat Boulevard 1A

What did unit 227 last sell for?

AED 320,000 on 12 May 2023: AED 999 per sqft for 320 sqft. The unit has 2 registered sales; the first was AED 426,888 in January 2017.

What is the rent for unit 227?

AED 40,000 a year on the contract signed on 17 October 2023. The previous contract, from January 2023, was AED 23,805; the unit has been rented since July 2020.

How big is unit 227?

320 sqft (29.7 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 227 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1A sold for AED 499,000 to 560,000 in the last 12 months, around AED 1,590 per sqft.

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Mortgage on 227, Hayat Boulevard 1A

Starts from the last sale price (AED 320K, 12 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 320,000
Deposit, UAE resident (20%): AED 64,000
Deposit, non-resident (40%): AED 128,000
Monthly over 25 years at 3.7%: AED 1,309

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