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Studio · 314 sqftHayat Boulevard 1A, Town Square · 3rd floor · completed 2020

306, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 427K5 January 2017
Current rentAED 48K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 306, Hayat Boulevard 1A

What is 306 worth today?

Last sold for AED 426,888 in 2017

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10 Jun 2026RentedRenewal
AED 48,000/yr3 months · AED 153 per sqft
10 Dec 2025RentedRenewal
AED 48,000/yr6 months · AED 153 per sqft
10 Dec 2024RentedRenewal
AED 46,000/yr12 months · AED 147 per sqft
10 Dec 2023RentedNew contract
AED 43,000/yr12 months · AED 137 per sqft
5 Jan 2017Sold by developerOff-plan
AED 426,888AED 1,360 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
Studio apartment
Size
314 sqft
Floor
3rd of 7
Parking
G-117
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 427K · January 2017
Building
Hayat Boulevard 1A

About 306, Hayat Boulevard 1A

306 is a studio of 314 sqft on the 3rd floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 5 January 2017 for AED 426,888, or AED 1,360 per sqft, in line with the AED 1,349 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 48,000 a year: a gross yield of 11.2% on the 2017 price, before the service charge of about AED 5,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Hayat Boulevard 1A
300K400K500K2017202020232026Typical sale price by year: 2017 AED 429,888; 2023 AED 320,000; 2025 AED 499,000Sold by developer, January 2017: AED 426,888 (AED 1,360 per sqft)

306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 306, each contractTypical studio in Hayat Boulevard 1A
20K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 25,500; 2023 AED 28,500; 2024 AED 35,500; 2025 AED 44,000; 2026 AED 39,950New contract, December 2023: AED 43,000 a yearRenewal, December 2024: AED 46,000 a yearRenewal, December 2025: AED 48,000 a yearRenewal, June 2026: AED 48,000 a year

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 306 sits

All 13 studios →

306 last sold in January 2017 at AED 1,360 per sqft, in line with what studios in Hayat Boulevard 1A were fetching at the time (AED 1,349). 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. 306's AED 48,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jan 2026560,000
22 Dec 2025500,000
17 Dec 2025499,000
10 Apr 2025440,000
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 3rd floor

All 184 units in Hayat Boulevard 1A
Value
3012-bedAED 1.09M · Jul 2025
3023-bedAED 1.4M · Feb 2024
3031-bedAED 628K · Nov 2016
3041-bedAED 452K · Oct 2021
3051-bedAED 620K · Dec 2016
3071-bedAED 750K · Mar 2025
3081-bedAED 780K · Nov 2025
1–7 of 27

306, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 5 January 2017 for AED 426,888, or AED 1,360 per sqft.
  • Rented since December 2023 on 4 Ejari contracts, from AED 43,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2017 price is 11.2%, before a service charge of about AED 5,300 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 10 June 2026.

Questions about 306, Hayat Boulevard 1A

What did unit 306 last sell for?

AED 426,888 on 5 January 2017, sold by the developer: AED 1,360 per sqft for 314 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 48,000 a year on the contract renewed on 10 June 2026. The previous contract, from December 2025, was AED 48,000; the unit has been rented since December 2023.

How big is unit 306?

314 sqft (29.2 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 306 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 306, Hayat Boulevard 1A

Starts from the last sale price (AED 427K, 5 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 426,888
Deposit, UAE resident (20%)
AED 85,378
Deposit, non-resident (40%)
AED 170,755
Monthly over 25 years at 3.7%
AED 1,747

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