2-bed · 1,121 sqftHayat Boulevard 1A, Town Square · 7th floor · completed 2020

724, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 1M7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 724, Hayat Boulevard 1A

What is 724 worth today?

Last sold for AED 1,000,000 in 2022

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7 Nov 2022SoldReady
AED 1,000,000AED 892 per sqft
27 Apr 2021Sold by developerReady
AED 899,888AED 802 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
2-bed apartment
Size
1,121 sqft
Floor
7th of 7
Parking
P-197
Developer
Nshmi Development
Completed
2020
Service charge
AED 19,000 /yr
Last sold
AED 1M · November 2022

About 724, Hayat Boulevard 1A

724 is a two-bedroom apartment of 1,121 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 7 November 2022 for AED 1,000,000, or AED 892 per sqft, 12% above the AED 797 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 724 over time

Sales
Unit 724, 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, April 2021: AED 899,888 (AED 802 per sqft)Sold, November 2022: AED 1,000,000 (AED 892 per sqft)

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

Rents
Unit 724, 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 724 sits

All 89 2-beds →

724 last sold in November 2022 at AED 892 per sqft, 12% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 797). 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 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

724, Hayat Boulevard 1A in numbers

  • Sold twice: first on 27 April 2021 for AED 899,888, last on 7 November 2022 for AED 1,000,000 (AED 892 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 7 November 2022.

Questions about 724, Hayat Boulevard 1A

What did unit 724 last sell for?

AED 1,000,000 on 7 November 2022: AED 892 per sqft for 1,121 sqft. The unit has 2 registered sales; the first was AED 899,888 in April 2021.

How big is unit 724?

1,121 sqft (104.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 724 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 724, Hayat Boulevard 1A

Starts from the last sale price (AED 1M, 7 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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