2-bed · 879 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

514, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 14 July 2026
Last soldAED 853K28 February 2017
Current rentAED 75K /yr14 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Hayat Boulevard 1A

What is 514 worth today?

Last sold for AED 852,888 in 2017

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14 Jul 2026RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
14 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
14 Jul 2025RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
14 Jul 2024RentedRenewal
AED 68,000/yr12 months · AED 77 per sqft
14 Jul 2023RentedNew contract
AED 68,000/yr12 months · AED 77 per sqft
5 Mar 2022RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft
5 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
28 Feb 2017Sold by developerOff-plan
AED 852,888AED 969 per sqft

Source: Dubai Land Department. Updated 14 July 2026.

Key facts

Type
2-bed apartment
Size
879 sqft
Floor
5th of 7
Parking
P-19
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 853K · February 2017

About 514, Hayat Boulevard 1A

514 is a two-bedroom apartment of 879 sqft on the 5th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 28 February 2017 for AED 852,888, or AED 969 per sqft, 8% above the AED 899 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 14 July 2026, is AED 75,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 14,900 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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 969 per sqft)

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

Rents
Unit 514, 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, March 2021: AED 40,000 a yearNew contract, March 2022: AED 47,000 a yearNew contract, July 2023: AED 68,000 a yearRenewal, July 2024: AED 68,000 a yearRenewal, July 2025: AED 75,000 a yearRenewal, July 2025: AED 75,000 a yearRenewal, July 2026: AED 75,000 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 514 sits

All 89 2-beds →

514 last sold in February 2017 at AED 969 per sqft, 8% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 899). 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. 514's AED 75,000 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

514, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 28 February 2017 for AED 852,888, or AED 969 per sqft.
  • Rented since March 2021 on 7 Ejari contracts, from AED 40,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 8.8%, 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 14 July 2026.

Questions about 514, Hayat Boulevard 1A

What did unit 514 last sell for?

AED 852,888 on 28 February 2017, sold by the developer: AED 969 per sqft for 879 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 75,000 a year on the contract renewed on 14 July 2026. The previous contract, from July 2025, was AED 75,000; the unit has been rented since March 2021.

How big is unit 514?

879 sqft (81.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 514 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 514, Hayat Boulevard 1A

Starts from the last sale price (AED 853K, 28 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 852,888
Deposit, UAE resident (20%)
AED 170,578
Deposit, non-resident (40%)
AED 341,155
Monthly over 25 years at 3.7%
AED 3,489

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