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1-bed · 545 sqftHayat Boulevard 1A, Town Square · 7th floor · completed 2020

705, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 650K20 September 2024
Current rentAED 39K /yr4 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Hayat Boulevard 1A

What is 705 worth today?

Last sold for AED 650,000 in 2024

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20 Sep 2024SoldReady
AED 650,000AED 1,192 per sqft
4 Jul 2023RentedRenewal
AED 38,500/yr12 months · AED 70 per sqft
4 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
1 Jul 2021RentedNew contract
AED 28,000/yr12 months · AED 51 per sqft
19 Jan 2017Sold by developerOff-plan
AED 577,888AED 1,060 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
545 sqft
Floor
7th of 7
Parking
G-137
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,200 /yr
Last sold
AED 650K · September 2024
Building
Hayat Boulevard 1A

About 705, Hayat Boulevard 1A

705 is a one-bedroom apartment of 545 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 20 September 2024 for AED 650,000, or AED 1,192 per sqft, 17% above the AED 1,021 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 4 July 2023, is AED 38,500 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 9,200 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Hayat Boulevard 1A
600K700K2016201920222025Typical sale price by year: 2016 AED 627,888; 2017 AED 652,388; 2018 AED 654,888; 2020 AED 632,888; 2021 AED 625,888; 2023 AED 590,444; 2024 AED 700,888; 2025 AED 750,000Sold by developer, January 2017: AED 577,888 (AED 1,060 per sqft)Sold, September 2024: AED 650,000 (AED 1,192 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Hayat Boulevard 1A
40K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 40,075; 2024 AED 48,583; 2025 AED 55,000; 2026 AED 55,000New contract, July 2021: AED 28,000 a yearNew contract, July 2022: AED 35,000 a yearRenewal, July 2023: AED 38,500 a year

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

1-beds in Hayat Boulevard 1A, and where 705 sits

All 62 1-beds →

705 last sold in September 2024 at AED 1,192 per sqft, 17% above what one-beds in Hayat Boulevard 1A were fetching at the time (AED 1,021). Over the last 12 months one-beds sold for AED 760,000 to 830,000, around AED 1,115 per sqft, and rent for AED 42,770 to 78,000 a year. 705's AED 38,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 2026800,000
25 Mar 2026760,000
15 Dec 2025830,000
25 Nov 2025780,000
4 1-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
7012-bedAED 921K · Aug 2021
7023-bedAED 1.3M · Nov 2023
7032-bedAED 930K · Dec 2024
704StudioAED 400K · Dec 2023
7061-bedAED 751K · Nov 2017
7071-bedAED 520K · Mar 2023
7082-bedAED 888K · Apr 2017
1–7 of 24

705, Hayat Boulevard 1A in numbers

  • Sold twice: first on 19 January 2017 for AED 577,888, last on 20 September 2024 for AED 650,000 (AED 1,192 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 28,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 9,200 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1A sold for AED 760,000–830,000 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 20 September 2024.

Questions about 705, Hayat Boulevard 1A

What did unit 705 last sell for?

AED 650,000 on 20 September 2024: AED 1,192 per sqft for 545 sqft. The unit has 2 registered sales; the first was AED 577,888 in January 2017.

What is the rent for unit 705?

AED 38,500 a year on the contract renewed on 4 July 2023. The previous contract, from July 2022, was AED 35,000; the unit has been rented since July 2021.

How big is unit 705?

545 sqft (50.6 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1A sold for AED 760,000 to 830,000 in the last 12 months, around AED 1,115 per sqft.

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Mortgage on 705, Hayat Boulevard 1A

Starts from the last sale price (AED 650K, 20 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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