1-bed · 744 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

516, Hayat Boulevard 1A

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

Unit 516 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 662K30 August 2020
Current rentAED 62K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Hayat Boulevard 1A

What is 516 worth today?

Last sold for AED 661,888 in 2020

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1 Nov 2026RentedRenewal
AED 62,000/yr12 months · AED 83 per sqft
1 Nov 2025RentedNew contract
AED 62,000/yr12 months · AED 83 per sqft
4 Oct 2024RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
4 Oct 2023RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
5 Oct 2022RentedRenewal
AED 41,114/yr12 months · AED 55 per sqft
5 Oct 2021RentedRenewal
AED 36,000/yr12 months · AED 48 per sqft
5 Sep 2020RentedNew contract
AED 36,000/yr13 months · AED 48 per sqft
30 Aug 2020Sold by developerReady
AED 661,888AED 889 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
5th of 7
Parking
G-124
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 662K · August 2020

About 516, Hayat Boulevard 1A

516 is a one-bedroom apartment of 744 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 30 August 2020 for AED 661,888, or AED 889 per sqft, in line with the AED 907 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 62,000 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 12,600 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in Hayat Boulevard 1A
600K700K2016201920222025Typical 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, August 2020: AED 661,888 (AED 889 per sqft)

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

Rents
Unit 516, 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, September 2020: AED 36,000 a yearRenewal, October 2021: AED 36,000 a yearRenewal, October 2022: AED 41,114 a yearNew contract, October 2023: AED 44,000 a yearRenewal, October 2024: AED 50,000 a yearNew contract, November 2025: AED 62,000 a yearRenewal, November 2026: AED 62,000 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 516 sits

All 62 1-beds →

516 last sold in August 2020 at AED 889 per sqft, in line with what one-beds in Hayat Boulevard 1A were fetching at the time (AED 907). 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. 516's AED 62,000 is in the upper 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 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

516, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 30 August 2020 for AED 661,888, or AED 889 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 36,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2020 price is 9.4%, before a service charge of about AED 12,600 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 1 November 2026.

Questions about 516, Hayat Boulevard 1A

What did unit 516 last sell for?

AED 661,888 on 30 August 2020, sold by the developer: AED 889 per sqft for 744 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 62,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 62,000; the unit has been rented since September 2020.

How big is unit 516?

744 sqft (69.1 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 516 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 516, Hayat Boulevard 1A

Starts from the last sale price (AED 662K, 30 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 661,888
Deposit, UAE resident (20%)
AED 132,378
Deposit, non-resident (40%)
AED 264,755
Monthly over 25 years at 3.7%
AED 2,708

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