2-bed · 884 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

511, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 890K1 March 2024
Current rentAED 80K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Hayat Boulevard 1A

What is 511 worth today?

Last sold for AED 890,000 in 2024

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1 May 2025RentedRenewal
AED 79,572/yr12 months · AED 90 per sqft
1 May 2025RentedRenewal
AED 79,572/yr12 months · AED 90 per sqft
1 May 2024RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
1 Mar 2024SoldReady
AED 890,000AED 1,007 per sqft
8 Mar 2023RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
1 Sep 2021RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
15 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
28 Feb 2017Sold by developerOff-plan
AED 852,888AED 965 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
884 sqft
Floor
5th of 7
Parking
P-9
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 890K · March 2024

About 511, Hayat Boulevard 1A

511 is a two-bedroom apartment of 884 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 1 March 2024 for AED 890,000, or AED 1,007 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 79,572 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 852,888 (AED 965 per sqft)Sold, March 2024: AED 890,000 (AED 1,007 per sqft)

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

Rents
Unit 511, 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, February 2021: AED 45,000 a yearNew contract, September 2021: AED 45,000 a yearNew contract, March 2023: AED 70,000 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 2025: AED 79,572 a yearRenewal, May 2025: AED 79,572 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 511 sits

All 89 2-beds →

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. 511's AED 79,572 is in the lower half 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 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
506StudioAED 560K · Jan 2026
5071-bedAED 596K · Aug 2020
1–7 of 27

511, Hayat Boulevard 1A in numbers

  • Sold twice: first on 28 February 2017 for AED 852,888, last on 1 March 2024 for AED 890,000 (AED 1,007 per sqft).
  • Rented since February 2021 on 6 Ejari contracts, from AED 45,000 to AED 79,572 a year.
  • At AED 79,572 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 15,000 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 1 May 2025.

Questions about 511, Hayat Boulevard 1A

What did unit 511 last sell for?

AED 890,000 on 1 March 2024: AED 1,007 per sqft for 884 sqft. The unit has 2 registered sales; the first was AED 852,888 in February 2017.

What is the rent for unit 511?

AED 79,572 a year on the contract renewed on 1 May 2025. The previous contract, from May 2025, was AED 79,572; the unit has been rented since February 2021.

How big is unit 511?

884 sqft (82.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 511 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 511, Hayat Boulevard 1A

Starts from the last sale price (AED 890K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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