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2-bed · 890 sqftHayat Boulevard 1A, Town Square · 6th floor · completed 2020

613, Hayat Boulevard 1A

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

Unit 613 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 841K1 April 2021
Current rentAED 56K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 613, Hayat Boulevard 1A

What is 613 worth today?

Last sold for AED 840,888 in 2021

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5 Jul 2024RentedRenewal
AED 56,000/yr12 months · AED 63 per sqft
5 Jul 2023RentedRenewal
AED 49,500/yr12 months · AED 55 per sqft
5 Jul 2022RentedRenewal
AED 45,000/yr12 months · AED 50 per sqft
5 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
1 Apr 2021Sold by developerReady
AED 840,888AED 944 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
2-bed apartment
Size
890 sqft
Floor
6th of 7
Parking
P-173
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 841K · April 2021
Building
Hayat Boulevard 1A

About 613, Hayat Boulevard 1A

613 is a two-bedroom apartment of 890 sqft on the 6th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 1 April 2021 for AED 840,888, or AED 944 per sqft, 5% above the AED 901 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 5 July 2024, is AED 56,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 15,100 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, April 2021: AED 840,888 (AED 944 per sqft)

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

Rents
Unit 613, 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, July 2021: AED 40,000 a yearRenewal, July 2022: AED 45,000 a yearRenewal, July 2023: AED 49,500 a yearRenewal, July 2024: AED 56,000 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 613 sits

All 89 2-beds →

613 last sold in April 2021 at AED 944 per sqft, 5% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 901). 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. 613's AED 56,000 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

613, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 1 April 2021 for AED 840,888, or AED 944 per sqft.
  • Rented since July 2021 on 4 Ejari contracts, from AED 40,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 15,100 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 5 July 2024.

Questions about 613, Hayat Boulevard 1A

What did unit 613 last sell for?

AED 840,888 on 1 April 2021, sold by the developer: AED 944 per sqft for 890 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 56,000 a year on the contract renewed on 5 July 2024. The previous contract, from July 2023, was AED 49,500; the unit has been rented since July 2021.

How big is unit 613?

890 sqft (82.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 613 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 613, Hayat Boulevard 1A

Starts from the last sale price (AED 841K, 1 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 840,888
Deposit, UAE resident (20%)
AED 168,178
Deposit, non-resident (40%)
AED 336,355
Monthly over 25 years at 3.7%
AED 3,440

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