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2-bed · 879 sqftHayat Boulevard 1A, Town Square · 4th floor · completed 2020

418, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in February 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 5 November 2021
Last soldAED 828K16 February 2017
Current rentAED 43K /yr5 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 418, Hayat Boulevard 1A

What is 418 worth today?

Last sold for AED 827,888 in 2017

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5 Nov 2021RentedRenewal
AED 43,000/yr12 months · AED 49 per sqft
5 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
16 Feb 2017Sold by developerOff-plan
AED 827,888AED 941 per sqft

Source: Dubai Land Department. Updated 5 November 2021.

Key facts

Type
2-bed apartment
Size
879 sqft
Floor
4th of 7
Parking
P-25
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 828K · February 2017
Building
Hayat Boulevard 1A

About 418, Hayat Boulevard 1A

418 is a two-bedroom apartment of 879 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 16 February 2017 for AED 827,888, or AED 941 per sqft, 5% above the AED 896 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 5 November 2021, is AED 43,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 14,900 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, February 2017: AED 827,888 (AED 941 per sqft)

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

Rents
Unit 418, 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, November 2020: AED 40,000 a yearRenewal, November 2021: AED 43,000 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 418 sits

All 89 2-beds →

418 last sold in February 2017 at AED 941 per sqft, 5% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 896). 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. 418's AED 43,000 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 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

418, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 16 February 2017 for AED 827,888, or AED 941 per sqft.
  • Rented since November 2020 on 2 Ejari contracts, from AED 40,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 14,900 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 5 November 2021.

Questions about 418, Hayat Boulevard 1A

What did unit 418 last sell for?

AED 827,888 on 16 February 2017, sold by the developer: AED 941 per sqft for 879 sqft. It is the only registered sale of the unit.

What is the rent for unit 418?

AED 43,000 a year on the contract renewed on 5 November 2021. The previous contract, from November 2020, was AED 40,000.

How big is unit 418?

879 sqft (81.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 418 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 418, Hayat Boulevard 1A

Starts from the last sale price (AED 828K, 16 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 827,888
Deposit, UAE resident (20%)
AED 165,578
Deposit, non-resident (40%)
AED 331,155
Monthly over 25 years at 3.7%
AED 3,387

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