Studio · 310 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

122, Hayat Boulevard 1B

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

Unit 122 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 379K2 August 2017
Current rentAED 37K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Hayat Boulevard 1B

What is 122 worth today?

Last sold for AED 378,888 in 2017

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25 Apr 2026RentedRenewal
AED 37,000/yr12 months · AED 119 per sqft
25 Apr 2025RentedNew contract
AED 37,000/yr12 months · AED 119 per sqft
25 Apr 2025RentedNew contract
AED 37,000/yr12 months · AED 119 per sqft
1 Mar 2024RentedRenewal
AED 25,410/yr12 months · AED 81 per sqft
1 Mar 2023RentedRenewal
AED 24,200/yr12 months · AED 78 per sqft
1 Mar 2022RentedRenewal
AED 22,000/yr12 months · AED 70 per sqft
1 Mar 2021RentedNew contract
AED 20,000/yr12 months · AED 64 per sqft
2 Aug 2017Sold by developerOff-plan
AED 378,888AED 1,221 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
Studio apartment
Size
310 sqft
Floor
1st of 7
Parking
G-45
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 379K · August 2017

About 122, Hayat Boulevard 1B

122 is a studio of 310 sqft on the 1st floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 2 August 2017 for AED 378,888, or AED 1,221 per sqft, 6% below the AED 1,305 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 37,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 5,300 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical studio in Hayat Boulevard 1B
400K500K2016201920222025Typical sale price by year: 2016 AED 419,888; 2017 AED 410,388; 2020 AED 359,888; 2021 AED 420,888; 2023 AED 364,000; 2024 AED 475,000; 2025 AED 500,000Sold by developer, August 2017: AED 378,888 (AED 1,221 per sqft)

122 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 122, each contractTypical studio in Hayat Boulevard 1B
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 32,000; 2025 AED 38,000; 2026 AED 37,000New contract, March 2021: AED 20,000 a yearRenewal, March 2022: AED 22,000 a yearRenewal, March 2023: AED 24,200 a yearRenewal, March 2024: AED 25,410 a yearNew contract, April 2025: AED 37,000 a yearNew contract, April 2025: AED 37,000 a yearRenewal, April 2026: AED 37,000 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 1B, and where 122 sits

All 22 studios →

122 last sold in August 2017 at AED 1,221 per sqft, 6% below what studios in Hayat Boulevard 1B were fetching at the time (AED 1,305). Over the last 12 months studios sold for AED 525,000, around AED 1,678 per sqft, and rent for AED 30,000 to 43,000 a year. 122's AED 37,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025525,000
2 Oct 2025500,000
17 Feb 2025495,000
19 Dec 2024460,000
1 studio sale in the last 12 months

Hayat Boulevard 1B

Building

195 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 12 sold in the last 12 months.

Typical price per sqft
AED 1,244 Up 3.6%
Typical sale
AED 1.13M
Typical rent
AED 65K /yr
Typical yield
7.3%
Hayat Boulevard 1B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 195 units in Hayat Boulevard 1B
Value
1012-bedAED 948K · Jan 2017
1023-bedAED 1.78M · Oct 2024
1032-bedAED 1.25M · Dec 2023
1042-bedAED 789K · Nov 2016
105StudioAED 500K · Oct 2025
1061-bedAED 475K · Jan 2021
1071-bedAED 657K · May 2021
1–7 of 29

122, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 2 August 2017 for AED 378,888, or AED 1,221 per sqft.
  • Rented since March 2021 on 7 Ejari contracts, from AED 20,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2017 price is 9.8%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).
  • Studios in Hayat Boulevard 1B sold for AED 525,000–525,000 in the 12 months to November 2026; the building's median across all types is AED 1,244 per sqft.

Source: Dubai Land Department. Updated 25 April 2026.

Questions about 122, Hayat Boulevard 1B

What did unit 122 last sell for?

AED 378,888 on 2 August 2017, sold by the developer: AED 1,221 per sqft for 310 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 37,000 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 37,000; the unit has been rented since March 2021.

How big is unit 122?

310 sqft (28.8 sqm): a studio on the 1st floor of a 7-storey tower completed in 2020.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1B sold for AED 525,000 to 525,000 in the last 12 months, around AED 1,678 per sqft.

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Mortgage on 122, Hayat Boulevard 1B

Starts from the last sale price (AED 379K, 2 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 378,888
Deposit, UAE resident (20%)
AED 75,778
Deposit, non-resident (40%)
AED 151,555
Monthly over 25 years at 3.7%
AED 1,550

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