2-bed · 932 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

515, Hayat Boulevard 1A

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

Unit 515 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 871K28 March 2017
Current rentAED 71K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Hayat Boulevard 1A

What is 515 worth today?

Last sold for AED 870,888 in 2017

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15 Nov 2025RentedRenewal
AED 71,400/yr12 months · AED 76 per sqft
15 Nov 2024RentedRenewal
AED 66,500/yr12 months · AED 71 per sqft
15 Nov 2023RentedRenewal
AED 62,000/yr12 months · AED 66 per sqft
15 Nov 2022RentedNew contract
AED 62,000/yr12 months · AED 66 per sqft
2 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
15 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
28 Mar 2017Sold by developerOff-plan
AED 870,888AED 934 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
2-bed apartment
Size
932 sqft
Floor
5th of 7
Parking
P-20
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,800 /yr
Last sold
AED 871K · March 2017

About 515, Hayat Boulevard 1A

515 is a two-bedroom apartment of 932 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 March 2017 for AED 870,888, or AED 934 per sqft, in line with the AED 913 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 71,400 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 15,800 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, March 2017: AED 870,888 (AED 934 per sqft)

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

Rents
Unit 515, 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, August 2020: AED 45,000 a yearNew contract, August 2021: AED 45,000 a yearNew contract, November 2022: AED 62,000 a yearRenewal, November 2023: AED 62,000 a yearRenewal, November 2024: AED 66,500 a yearRenewal, November 2025: AED 71,400 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 515 sits

All 89 2-beds →

515 last sold in March 2017 at AED 934 per sqft, in line with what two-beds in Hayat Boulevard 1A were fetching at the time (AED 913). 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. 515's AED 71,400 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

515, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 28 March 2017 for AED 870,888, or AED 934 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 45,000 to AED 71,400 a year.
  • At AED 71,400 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 15,800 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 15 November 2025.

Questions about 515, Hayat Boulevard 1A

What did unit 515 last sell for?

AED 870,888 on 28 March 2017, sold by the developer: AED 934 per sqft for 932 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 71,400 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 66,500; the unit has been rented since August 2020.

How big is unit 515?

932 sqft (86.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 515 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 515, Hayat Boulevard 1A

Starts from the last sale price (AED 871K, 28 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 870,888
Deposit, UAE resident (20%)
AED 174,178
Deposit, non-resident (40%)
AED 348,355
Monthly over 25 years at 3.7%
AED 3,563

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