Studio · 314 sqftHayat Boulevard 1A, Town Square · 7th floor · completed 2020

704, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 3 November 2025
Last soldAED 400K28 December 2023
Current rentAED 44K /yr3 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Hayat Boulevard 1A

What is 704 worth today?

Last sold for AED 399,888 in 2023

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3 Nov 2025RentedNew contract
AED 44,000/yr12 months · AED 140 per sqft
1 Jul 2024RentedNew contract
AED 50,400/yr12 months · AED 160 per sqft
6 Feb 2024RentedNew contract
AED 48,000/yr12 months · AED 153 per sqft
6 Feb 2024RentedNew contract
AED 48,000/yr12 months · AED 154 per sqft
28 Dec 2023SoldReady
AED 399,888AED 1,273 per sqft
28 Jul 2020Sold by developerReady
AED 349,888AED 1,113 per sqft

Source: Dubai Land Department. Updated 3 November 2025.

Key facts

Type
Studio apartment
Size
314 sqft
Floor
7th of 7
Parking
P-295
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 400K · December 2023

About 704, Hayat Boulevard 1A

704 is a studio of 314 sqft on the 7th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 28 December 2023 for AED 399,888, or AED 1,273 per sqft, 27% above the AED 999 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 3 November 2025, is AED 44,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in Hayat Boulevard 1A
300K400K500K2017202020232026Typical sale price by year: 2017 AED 429,888; 2023 AED 320,000; 2025 AED 499,000Sold by developer, July 2020: AED 349,888 (AED 1,113 per sqft)Sold, December 2023: AED 399,888 (AED 1,273 per sqft)

704 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in Hayat Boulevard 1A
20K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 25,500; 2023 AED 28,500; 2024 AED 35,500; 2025 AED 44,000; 2026 AED 39,950New contract, February 2024: AED 48,000 a yearNew contract, February 2024: AED 48,000 a yearNew contract, July 2024: AED 50,400 a yearNew contract, November 2025: AED 44,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Hayat Boulevard 1A, and where 704 sits

All 13 studios →

704 last sold in December 2023 at AED 1,273 per sqft, 27% above what studios in Hayat Boulevard 1A were fetching at the time (AED 999). Over the last 12 months studios sold for AED 499,000 to 560,000, around AED 1,590 per sqft, and rent for AED 36,000 to 48,000 a year. 704's AED 44,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
30 Jan 2026560,000
22 Dec 2025500,000
17 Dec 2025499,000
10 Apr 2025440,000
3 studio 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
7012-bedAED 921K · Aug 2021
7023-bedAED 1.3M · Nov 2023
7032-bedAED 930K · Dec 2024
7051-bedAED 650K · Sep 2024
7061-bedAED 751K · Nov 2017
7071-bedAED 520K · Mar 2023
7082-bedAED 888K · Apr 2017
1–7 of 24

704, Hayat Boulevard 1A in numbers

  • Sold twice: first on 28 July 2020 for AED 349,888, last on 28 December 2023 for AED 399,888 (AED 1,273 per sqft).
  • Rented since February 2024 on 4 Ejari contracts, from AED 48,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).
  • Studios in Hayat Boulevard 1A sold for AED 499,000–560,000 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 3 November 2025.

Questions about 704, Hayat Boulevard 1A

What did unit 704 last sell for?

AED 399,888 on 28 December 2023: AED 1,273 per sqft for 314 sqft. The unit has 2 registered sales; the first was AED 349,888 in July 2020.

What is the rent for unit 704?

AED 44,000 a year on the contract signed on 3 November 2025. The previous contract, from July 2024, was AED 50,400; the unit has been rented since February 2024.

How big is unit 704?

314 sqft (29.2 sqm): a studio on the 7th floor of a 7-storey tower completed in 2020.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1A sold for AED 499,000 to 560,000 in the last 12 months, around AED 1,590 per sqft.

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Mortgage on 704, Hayat Boulevard 1A

Starts from the last sale price (AED 400K, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 399,888
Deposit, UAE resident (20%)
AED 79,978
Deposit, non-resident (40%)
AED 159,955
Monthly over 25 years at 3.7%
AED 1,636

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