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

617, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 715K29 July 2022
Current rentAED 90K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Hayat Boulevard 1A

What is 617 worth today?

Last sold for AED 715,000 in 2022

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1 Apr 2024RentedNew contract
AED 90,243/yr12 months · AED 101 per sqft
15 Oct 2023RentedRenewal
AED 73,000/yr12 months · AED 82 per sqft
15 Oct 2022RentedNew contract
AED 73,000/yr12 months · AED 82 per sqft
29 Jul 2022SoldReady
AED 715,000AED 797 per sqft
9 Aug 2021RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
4 Dec 2017Sold by developerOff-plan
AED 845,888AED 943 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
2-bed apartment
Size
896 sqft
Floor
6th of 7
Parking
P-21
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 715K · July 2022

About 617, Hayat Boulevard 1A

617 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 29 July 2022 for AED 715,000, or AED 797 per sqft, in line with the AED 797 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 April 2024, is AED 90,243 a year: a gross yield of 12.6% on the 2022 price, before the service charge of about AED 15,200 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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, December 2017: AED 845,888 (AED 943 per sqft)Sold, July 2022: AED 715,000 (AED 797 per sqft)

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

Rents
Unit 617, each contractTypical two-bed in Hayat Boulevard 1A
50K75K2020202220242026Typical 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 2021: AED 50,000 a yearNew contract, October 2022: AED 73,000 a yearRenewal, October 2023: AED 73,000 a yearNew contract, April 2024: AED 90,243 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 617 sits

All 89 2-beds →

617 last sold in July 2022 at AED 797 per sqft, in line with what two-beds in Hayat Boulevard 1A were fetching at the time (AED 797). 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. 617's AED 90,243 is in the upper 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 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

617, Hayat Boulevard 1A in numbers

  • Sold twice: first on 4 December 2017 for AED 845,888, last on 29 July 2022 for AED 715,000 (AED 797 per sqft).
  • Rented since August 2021 on 4 Ejari contracts, from AED 50,000 to AED 90,243 a year.
  • At AED 90,243 a year the gross yield on the 2022 price is 12.6%, 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 1 April 2024.

Questions about 617, Hayat Boulevard 1A

What did unit 617 last sell for?

AED 715,000 on 29 July 2022: AED 797 per sqft for 896 sqft. The unit has 2 registered sales; the first was AED 845,888 in December 2017.

What is the rent for unit 617?

AED 90,243 a year on the contract signed on 1 April 2024. The previous contract, from October 2023, was AED 73,000; the unit has been rented since August 2021.

How big is unit 617?

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

What is unit 617 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 617, Hayat Boulevard 1A

Starts from the last sale price (AED 715K, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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