2-bed · 896 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

123, Hayat Boulevard 1B

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

Unit 123 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 880K8 October 2024
Current rentAED 80K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 123, Hayat Boulevard 1B

What is 123 worth today?

Last sold for AED 880,000 in 2024

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10 May 2026RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
13 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 101 per sqft
8 Oct 2024SoldReady
AED 880,000AED 981 per sqft
4 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
4 Oct 2023RentedNew contract
AED 75,000/yr12 months · AED 84 per sqft
2 Jan 2021RentedNew contract
AED 44,000/yr13 months · AED 49 per sqft
12 Jun 2017Sold by developerOff-plan
AED 799,888AED 892 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
2-bed apartment
Size
896 sqft
Floor
1st of 7
Parking
P-122
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 880K · October 2024

About 123, Hayat Boulevard 1B

123 is a two-bedroom apartment of 896 sqft on the 1st floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 8 October 2024 for AED 880,000, or AED 981 per sqft, 10% above the AED 891 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 May 2026, is AED 80,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 15,200 a year.

Sales and rents for 123 over time

Sales
Unit 123, each saleTypical two-bed in Hayat Boulevard 1B
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 881,888; 2017 AED 881,888; 2020 AED 799,888; 2021 AED 900,888; 2022 AED 780,000; 2023 AED 845,000; 2024 AED 927,500; 2025 AED 1,100,000; 2026 AED 1,195,000Sold by developer, June 2017: AED 799,888 (AED 892 per sqft)Sold, October 2024: AED 880,000 (AED 981 per sqft)

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

Rents
Unit 123, each contractTypical two-bed in Hayat Boulevard 1B
50K75K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 82,000New contract, January 2021: AED 44,000 a yearNew contract, October 2023: AED 75,000 a yearNew contract, October 2024: AED 75,000 a yearNew contract, December 2025: AED 90,000 a yearNew contract, May 2026: AED 80,000 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 1B, and where 123 sits

All 69 2-beds →

123 last sold in October 2024 at AED 981 per sqft, 10% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 891). Over the last 12 months two-beds sold for AED 1,100,000 to 1,350,000, around AED 1,247 per sqft, and rent for AED 45,500 to 100,000 a year. 123's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,350,000
25 Aug 20261,140,000
14 Jul 20261,250,000
13 Jul 20261,100,000
7 2-bed sales 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

123, Hayat Boulevard 1B in numbers

  • Sold twice: first on 12 June 2017 for AED 799,888, last on 8 October 2024 for AED 880,000 (AED 981 per sqft).
  • Rented since January 2021 on 5 Ejari contracts, from AED 44,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 15,200 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 1B sold for AED 1,100,000–1,350,000 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 10 May 2026.

Questions about 123, Hayat Boulevard 1B

What did unit 123 last sell for?

AED 880,000 on 8 October 2024: AED 981 per sqft for 896 sqft. The unit has 2 registered sales; the first was AED 799,888 in June 2017.

What is the rent for unit 123?

AED 80,000 a year on the contract signed on 10 May 2026. The previous contract, from December 2025, was AED 90,000; the unit has been rented since January 2021.

How big is unit 123?

896 sqft (83.2 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2020.

What is unit 123 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 1B sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 1,247 per sqft.

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Mortgage on 123, Hayat Boulevard 1B

Starts from the last sale price (AED 880K, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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