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1-bed · 697 sqftHayat Boulevard 1A, Town Square · 4th floor · completed 2020

408, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 3 January 2026
Last soldAED 621K1 September 2020
Current rentAED 72K /yr3 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 408, Hayat Boulevard 1A

What is 408 worth today?

Last sold for AED 620,888 in 2020

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3 Jan 2026RentedNew contract
AED 72,000/yr12 months · AED 103 per sqft
8 Oct 2024RentedNew contract
AED 70,000/yr12 months · AED 100 per sqft
17 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 57 per sqft
1 Sep 2020Sold by developerReady
AED 620,888AED 891 per sqft

Source: Dubai Land Department. Updated 3 January 2026.

Key facts

Type
1-bed apartment
Size
697 sqft
Floor
4th of 7
Parking
G-91
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 621K · September 2020
Building
Hayat Boulevard 1A

About 408, Hayat Boulevard 1A

408 is a one-bedroom apartment of 697 sqft on the 4th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 1 September 2020 for AED 620,888, or AED 891 per sqft, in line with the AED 891 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 3 January 2026, is AED 72,000 a year: a gross yield of 11.6% on the 2020 price, before the service charge of about AED 11,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, September 2020: AED 620,888 (AED 891 per sqft)

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

Rents
Unit 408, 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 40,000 a yearNew contract, October 2024: AED 70,000 a yearNew contract, January 2026: AED 72,000 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 408 sits

All 62 1-beds →

408 last sold in September 2020 at AED 891 per sqft, in line with what one-beds in Hayat Boulevard 1A were fetching at the time (AED 891). 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. 408's AED 72,000 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 4th floor

All 184 units in Hayat Boulevard 1A
Value
4012-bedAED 1.25M · Feb 2025
4023-bedAED 1.4M · Sep 2023
4031-bedAED 575K · Feb 2024
4041-bedAED 545K · May 2017
4051-bedAED 626K · Jan 2017
406StudioAED 499K · Dec 2025
4071-bedAED 760K · Mar 2026
1–7 of 27

408, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 1 September 2020 for AED 620,888, or AED 891 per sqft.
  • Rented since October 2021 on 3 Ejari contracts, from AED 40,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2020 price is 11.6%, before a service charge of about AED 11,800 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 3 January 2026.

Questions about 408, Hayat Boulevard 1A

What did unit 408 last sell for?

AED 620,888 on 1 September 2020, sold by the developer: AED 891 per sqft for 697 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 72,000 a year on the contract signed on 3 January 2026. The previous contract, from October 2024, was AED 70,000; the unit has been rented since October 2021.

How big is unit 408?

697 sqft (64.8 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 408 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 408, Hayat Boulevard 1A

Starts from the last sale price (AED 621K, 1 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 620,888
Deposit, UAE resident (20%)
AED 124,178
Deposit, non-resident (40%)
AED 248,355
Monthly over 25 years at 3.7%
AED 2,540

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