2-bed · 934 sqftHayat Boulevard 1A, Town Square · 7th floor · completed 2020

701, Hayat Boulevard 1A

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

Unit 701 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 921K8 August 2021
Current rentAED 78K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Hayat Boulevard 1A

What is 701 worth today?

Last sold for AED 920,888 in 2021

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1 Nov 2026RentedRenewal
AED 78,000/yr12 months · AED 83 per sqft
1 Nov 2025RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
1 Nov 2024RentedNew contract
AED 87,000/yr12 months · AED 93 per sqft
11 Apr 2023RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
11 Apr 2022RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
5 Dec 2021RentedNew contract
AED 57,000/yr12 months · AED 61 per sqft
8 Aug 2021Sold by developerReady
AED 920,888AED 985 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
7th of 7
Parking
G-136
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 921K · August 2021

About 701, Hayat Boulevard 1A

701 is a two-bedroom apartment of 934 sqft on the 7th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 8 August 2021 for AED 920,888, or AED 985 per sqft, 16% above the AED 847 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 78,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 15,900 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, August 2021: AED 920,888 (AED 985 per sqft)

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

Rents
Unit 701, 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, December 2021: AED 57,000 a yearNew contract, April 2022: AED 60,000 a yearRenewal, April 2023: AED 60,000 a yearNew contract, November 2024: AED 87,000 a yearNew contract, November 2025: AED 90,000 a yearRenewal, November 2026: AED 78,000 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 701 sits

All 89 2-beds →

701 last sold in August 2021 at AED 985 per sqft, 16% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 847). 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. 701's AED 78,000 is in the lower 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 7th floor

All 184 units in Hayat Boulevard 1A
Value
7023-bedAED 1.3M · Nov 2023
7032-bedAED 930K · Dec 2024
704StudioAED 400K · Dec 2023
7051-bedAED 650K · Sep 2024
7061-bedAED 751K · Nov 2017
7071-bedAED 520K · Mar 2023
7082-bedAED 888K · Apr 2017
1–7 of 24

701, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 8 August 2021 for AED 920,888, or AED 985 per sqft.
  • Rented since December 2021 on 6 Ejari contracts, from AED 57,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 15,900 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 November 2026.

Questions about 701, Hayat Boulevard 1A

What did unit 701 last sell for?

AED 920,888 on 8 August 2021, sold by the developer: AED 985 per sqft for 934 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 78,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 90,000; the unit has been rented since December 2021.

How big is unit 701?

934 sqft (86.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 701 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 701, Hayat Boulevard 1A

Starts from the last sale price (AED 921K, 8 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 920,888
Deposit, UAE resident (20%)
AED 184,178
Deposit, non-resident (40%)
AED 368,355
Monthly over 25 years at 3.7%
AED 3,768

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