1-bed · 579 sqftHayat Boulevard 1A, Town Square · 4th floor · completed 2020

423, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 430K17 January 2021
Current rentAED 60K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Hayat Boulevard 1A

What is 423 worth today?

Last sold for AED 430,000 in 2021

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16 Apr 2026RentedRenewal
AED 60,000/yr12 months · AED 105 per sqft
16 Apr 2025RentedRenewal
AED 53,000/yr12 months · AED 93 per sqft
16 Apr 2024RentedRenewal
AED 44,000/yr12 months · AED 76 per sqft
16 Apr 2023RentedRenewal
AED 41,800/yr12 months · AED 72 per sqft
16 Apr 2022RentedNew contract
AED 38,000/yr12 months · AED 65 per sqft
21 Mar 2021RentedNew contract
AED 33,000/yr12 months · AED 57 per sqft
17 Jan 2021SoldReady
AED 430,000AED 742 per sqft
8 Jan 2017Sold by developerOff-plan
AED 608,888AED 1,050 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
1-bed apartment
Size
579 sqft
Floor
4th of 7
Parking
G-97
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 430K · January 2021

About 423, Hayat Boulevard 1A

423 is a one-bedroom apartment of 579 sqft on the 4th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 17 January 2021 for AED 430,000, or AED 742 per sqft, 17% below the AED 890 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 16 April 2026, is AED 60,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 9,800 a year.

Sales and rents for 423 over time

Sales
Unit 423, each saleTypical one-bed in Hayat Boulevard 1A
400K600K800K2016201920222025Typical 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, January 2017: AED 608,888 (AED 1,050 per sqft)Sold, January 2021: AED 430,000 (AED 742 per sqft)

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

Rents
Unit 423, 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, March 2021: AED 33,000 a yearNew contract, April 2022: AED 38,000 a yearRenewal, April 2023: AED 41,800 a yearRenewal, April 2024: AED 44,000 a yearRenewal, April 2025: AED 53,000 a yearRenewal, April 2026: AED 60,000 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 423 sits

All 62 1-beds →

423 last sold in January 2021 at AED 742 per sqft, 17% below what one-beds in Hayat Boulevard 1A were fetching at the time (AED 890). 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. 423's AED 60,000 is in the lower 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

423, Hayat Boulevard 1A in numbers

  • Sold twice: first on 8 January 2017 for AED 608,888, last on 17 January 2021 for AED 430,000 (AED 742 per sqft).
  • Rented since March 2021 on 6 Ejari contracts, from AED 33,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 14.0%, before a service charge of about AED 9,800 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 16 April 2026.

Questions about 423, Hayat Boulevard 1A

What did unit 423 last sell for?

AED 430,000 on 17 January 2021: AED 742 per sqft for 579 sqft. The unit has 2 registered sales; the first was AED 608,888 in January 2017.

What is the rent for unit 423?

AED 60,000 a year on the contract renewed on 16 April 2026. The previous contract, from April 2025, was AED 53,000; the unit has been rented since March 2021.

How big is unit 423?

579 sqft (53.8 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 423 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 423, Hayat Boulevard 1A

Starts from the last sale price (AED 430K, 17 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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