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Studio · 314 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

506, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in January 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 23 July 2026
Last soldAED 560K30 January 2026
Current rentAED 42K /yr23 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Hayat Boulevard 1A

What is 506 worth today?

Last sold for AED 560,000 in 2026

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23 Jul 2026RentedNew contract
AED 42,000/yr12 months · AED 135 per sqft
30 Jan 2026SoldReady
AED 560,000AED 1,782 per sqft
8 May 2024RentedRenewal
AED 36,000/yr12 months · AED 115 per sqft
8 May 2023RentedNew contract
AED 36,000/yr12 months · AED 115 per sqft
5 Dec 2016Sold by developerOff-plan
AED 423,888AED 1,349 per sqft

Source: Dubai Land Department. Updated 23 July 2026.

Key facts

Type
Studio apartment
Size
314 sqft
Floor
5th of 7
Parking
G-130
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 560K · January 2026
Building
Hayat Boulevard 1A

About 506, Hayat Boulevard 1A

506 is a studio of 314 sqft on the 5th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 30 January 2026 for AED 560,000, or AED 1,782 per sqft, 13% above the AED 1,577 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 23 July 2026, is AED 42,000 a year: a gross yield of 7.5% on the 2026 price, before the service charge of about AED 5,300 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical studio in Hayat Boulevard 1A
400K600K2016201920222025Typical sale price by year: 2017 AED 429,888; 2023 AED 320,000; 2025 AED 499,000Sold by developer, December 2016: AED 423,888 (AED 1,349 per sqft)Sold, January 2026: AED 560,000 (AED 1,782 per sqft)

506 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 506, 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, May 2023: AED 36,000 a yearRenewal, May 2024: AED 36,000 a yearNew contract, July 2026: AED 42,000 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 506 sits

All 13 studios →

506 last sold in January 2026 at AED 1,782 per sqft, 13% above what studios in Hayat Boulevard 1A were fetching at the time (AED 1,577). 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. 506's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Dec 2025500,000
17 Dec 2025499,000
10 Apr 2025440,000
17 Jan 2024380,000
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 5th floor

All 184 units in Hayat Boulevard 1A
Value
5012-bedAED 910K · Nov 2017
5023-bedAED 1.12M · Nov 2020
5031-bedAED 580K · Jan 2024
5041-bedAED 589K · May 2021
5051-bedAED 633K · Aug 2017
5071-bedAED 596K · Aug 2020
5081-bedAED 626K · Jun 2021
1–7 of 27

506, Hayat Boulevard 1A in numbers

  • Sold twice: first on 5 December 2016 for AED 423,888, last on 30 January 2026 for AED 560,000 (AED 1,782 per sqft).
  • Rented since May 2023 on 3 Ejari contracts, from AED 36,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2026 price is 7.5%, 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 23 July 2026.

Questions about 506, Hayat Boulevard 1A

What did unit 506 last sell for?

AED 560,000 on 30 January 2026: AED 1,782 per sqft for 314 sqft. The unit has 2 registered sales; the first was AED 423,888 in December 2016.

What is the rent for unit 506?

AED 42,000 a year on the contract signed on 23 July 2026. The previous contract, from May 2024, was AED 36,000; the unit has been rented since May 2023.

How big is unit 506?

314 sqft (29.2 sqm): a studio on the 5th floor of a 7-storey tower completed in 2020.

What is unit 506 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 506, Hayat Boulevard 1A

Starts from the last sale price (AED 560K, 30 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 560,000
Deposit, UAE resident (20%)
AED 112,000
Deposit, non-resident (40%)
AED 224,000
Monthly over 25 years at 3.7%
AED 2,291

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