2-bed · 909 sqftHayat Boulevard 1A, Town Square · 6th floor · completed 2020

623, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 10 May 2017
Last soldAED 893K10 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Hayat Boulevard 1A

What is 623 worth today?

Last sold for AED 892,888 in 2017

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10 May 2017Sold by developerOff-plan
AED 892,888AED 982 per sqft

Source: Dubai Land Department. Updated 10 May 2017.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
6th of 7
Parking
P-5
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,400 /yr
Last sold
AED 893K · May 2017

About 623, Hayat Boulevard 1A

623 is a two-bedroom apartment of 909 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 10 May 2017 for AED 892,888, or AED 982 per sqft, 6% above the AED 930 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 623 over time

Sales
Unit 623, 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, May 2017: AED 892,888 (AED 982 per sqft)

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

Rents
Unit 623, 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 80,000

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 623 sits

All 89 2-beds →

623 last sold in May 2017 at AED 982 per sqft, 6% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 930). 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.

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

623, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 10 May 2017 for AED 892,888, or AED 982 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 10 May 2017.

Questions about 623, Hayat Boulevard 1A

What did unit 623 last sell for?

AED 892,888 on 10 May 2017, sold by the developer: AED 982 per sqft for 909 sqft. It is the only registered sale of the unit.

How big is unit 623?

909 sqft (84.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 623 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 623, Hayat Boulevard 1A

Starts from the last sale price (AED 893K, 10 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 892,888
Deposit, UAE resident (20%)
AED 178,578
Deposit, non-resident (40%)
AED 357,155
Monthly over 25 years at 3.7%
AED 3,653

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