2-bed · 896 sqftHayat Boulevard 1A, Town Square · 6th floor · completed 2020

612, Hayat Boulevard 1A

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

Unit 612 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 975K2 September 2024
Current rentAED 50K /yr5 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Hayat Boulevard 1A

What is 612 worth today?

Last sold for AED 975,000 in 2024

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2 Sep 2024SoldReady
AED 975,000AED 1,087 per sqft
5 Jun 2023RentedRenewal
AED 50,000/yr12 months · AED 56 per sqft
5 Jun 2022RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
5 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
20 Feb 2017Sold by developerOff-plan
AED 861,888AED 975 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
2-bed apartment
Size
896 sqft
Floor
6th of 7
Parking
P-172
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 975K · September 2024

About 612, Hayat Boulevard 1A

612 is a two-bedroom apartment of 896 sqft on the 6th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 2 September 2024 for AED 975,000, or AED 1,087 per sqft, 8% above the AED 1,007 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 5 June 2023, is AED 50,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 15,200 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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 861,888 (AED 975 per sqft)Sold, September 2024: AED 975,000 (AED 1,087 per sqft)

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

Rents
Unit 612, 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, June 2021: AED 40,000 a yearRenewal, June 2022: AED 40,000 a yearRenewal, June 2023: AED 50,000 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 612 sits

All 89 2-beds →

612 last sold in September 2024 at AED 1,087 per sqft, 8% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 1,007). 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. 612's AED 50,000 is at the bottom 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 6th floor

All 184 units in Hayat Boulevard 1A
Value
6012-bedAED 1.25M · Jun 2025
6023-bedAED 2.45M · Mar 2026
6032-bedAED 1M · Feb 2025
604StudioAED 428K · Oct 2017
6051-bedAED 572K · Jan 2017
6061-bedAED 740K · Sep 2017
6071-bedAED 750K · Jul 2025
1–7 of 24

612, Hayat Boulevard 1A in numbers

  • Sold twice: first on 20 February 2017 for AED 861,888, last on 2 September 2024 for AED 975,000 (AED 1,087 per sqft).
  • Rented since June 2021 on 3 Ejari contracts, from AED 40,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 15,200 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 2 September 2024.

Questions about 612, Hayat Boulevard 1A

What did unit 612 last sell for?

AED 975,000 on 2 September 2024: AED 1,087 per sqft for 896 sqft. The unit has 2 registered sales; the first was AED 861,888 in February 2017.

What is the rent for unit 612?

AED 50,000 a year on the contract renewed on 5 June 2023. The previous contract, from June 2022, was AED 40,000; the unit has been rented since June 2021.

How big is unit 612?

896 sqft (83.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 612 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 612, Hayat Boulevard 1A

Starts from the last sale price (AED 975K, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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