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2-bed · 1,139 sqftHayat Boulevard 1A, Town Square · 7th floor · completed 2020

714, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.18M11 September 2017
Current rentAED 90K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 714, Hayat Boulevard 1A

What is 714 worth today?

Last sold for AED 1,184,888 in 2017

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1 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 79 per sqft
10 May 2023RentedRenewal
AED 62,000/yr12 months · AED 55 per sqft
10 May 2022RentedNew contract
AED 62,000/yr12 months · AED 54 per sqft
4 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 48 per sqft
11 Sep 2017Sold by developerOff-plan
AED 1,184,888AED 1,040 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,139 sqft
Floor
7th of 7
Parking
P-190
Developer
Nshmi Development
Completed
2020
Service charge
AED 19,300 /yr
Last sold
AED 1.18M · September 2017
Building
Hayat Boulevard 1A

About 714, Hayat Boulevard 1A

714 is a two-bedroom apartment of 1,139 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 11 September 2017 for AED 1,184,888, or AED 1,040 per sqft, 11% above the AED 941 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 July 2024, is AED 90,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 19,300 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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, September 2017: AED 1,184,888 (AED 1,040 per sqft)

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

Rents
Unit 714, 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, April 2021: AED 55,000 a yearNew contract, May 2022: AED 62,000 a yearRenewal, May 2023: AED 62,000 a yearNew contract, July 2024: AED 90,000 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 714 sits

All 89 2-beds →

714 last sold in September 2017 at AED 1,040 per sqft, 11% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 941). 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. 714's AED 90,000 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 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
7051-bedAED 650K · Sep 2024
7061-bedAED 751K · Nov 2017
7071-bedAED 520K · Mar 2023
1–7 of 24

714, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 11 September 2017 for AED 1,184,888, or AED 1,040 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 55,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 19,300 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 July 2024.

Questions about 714, Hayat Boulevard 1A

What did unit 714 last sell for?

AED 1,184,888 on 11 September 2017, sold by the developer: AED 1,040 per sqft for 1,139 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 90,000 a year on the contract signed on 1 July 2024. The previous contract, from May 2023, was AED 62,000; the unit has been rented since April 2021.

How big is unit 714?

1,139 sqft (105.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 714 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 714, Hayat Boulevard 1A

Starts from the last sale price (AED 1.18M, 11 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,184,888
Deposit, UAE resident (20%)
AED 236,978
Deposit, non-resident (40%)
AED 473,955
Monthly over 25 years at 3.7%
AED 4,848

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