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1-bed · 671 sqftHayat Boulevard 1A, Town Square · 3rd floor · completed 2020

316, 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 316 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 725K29 July 2024
Current rentAED 118K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316, Hayat Boulevard 1A

What is 316 worth today?

Last sold for AED 725,000 in 2024

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29 Jul 2024SoldReady
AED 725,000AED 1,080 per sqft
1 Jul 2023RentedRenewal
AED 118,038/yr3 months · AED 177 per sqft
1 Jul 2022RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
6 May 2021RentedNew contract
AED 24,000/yr12 months · AED 36 per sqft
30 Aug 2020Sold by developerReady
AED 620,888AED 925 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
3rd of 7
Parking
G-109
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 725K · July 2024
Building
Hayat Boulevard 1A

About 316, Hayat Boulevard 1A

316 is a one-bedroom apartment of 671 sqft on the 3rd floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 29 July 2024 for AED 725,000, or AED 1,080 per sqft, 7% above the AED 1,012 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 118,038 a year: a gross yield of 16.3% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 316 over time

Sales
Unit 316, 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 2020: AED 620,888 (AED 925 per sqft)Sold, July 2024: AED 725,000 (AED 1,080 per sqft)

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

Rents
Unit 316, each contractTypical one-bed in Hayat Boulevard 1A
50K100K2020202220242026Typical 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, May 2021: AED 24,000 a yearNew contract, July 2022: AED 33,000 a yearRenewal, July 2023: AED 118,038 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 316 sits

All 62 1-beds →

316 last sold in July 2024 at AED 1,080 per sqft, 7% above what one-beds in Hayat Boulevard 1A were fetching at the time (AED 1,012). 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. 316's AED 118,038 is at the top 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 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
306StudioAED 427K · Jan 2017
3071-bedAED 750K · Mar 2025
1–7 of 27

316, Hayat Boulevard 1A in numbers

  • Sold twice: first on 30 August 2020 for AED 620,888, last on 29 July 2024 for AED 725,000 (AED 1,080 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 24,000 to AED 118,038 a year.
  • At AED 118,038 a year the gross yield on the 2024 price is 16.3%, before a service charge of about AED 11,400 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 29 July 2024.

Questions about 316, Hayat Boulevard 1A

What did unit 316 last sell for?

AED 725,000 on 29 July 2024: AED 1,080 per sqft for 671 sqft. The unit has 2 registered sales; the first was AED 620,888 in August 2020.

What is the rent for unit 316?

AED 118,038 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 33,000; the unit has been rented since May 2021.

How big is unit 316?

671 sqft (62.3 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 316 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 316, Hayat Boulevard 1A

Starts from the last sale price (AED 725K, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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