3-bed · 1,414 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

202, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.19M24 November 2016
Current rentAED 120K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Hayat Boulevard 1B

What is 202 worth today?

Last sold for AED 1,188,888 in 2016

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1 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
1 Aug 2023RentedNew contract
AED 110,000/yr12 months · AED 78 per sqft
1 Aug 2022RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
7 Jul 2021RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
1 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
24 Nov 2016Sold by developerOff-plan
AED 1,188,888AED 840 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed apartment
Size
1,414 sqft
Floor
2nd of 7
Parking
P-105
Developer
Nshmi Development
Completed
2020
Service charge
AED 24,000 /yr
Last sold
AED 1.19M · November 2016

About 202, Hayat Boulevard 1B

202 is a three-bedroom apartment of 1,414 sqft on the 2nd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 24 November 2016 for AED 1,188,888, or AED 840 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 August 2024, is AED 120,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 24,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, each saleTypical three-bed in Hayat Boulevard 1B
1.2M1.4M2016201920222025Typical sale price by year: 2017 AED 1,258,888; 2020 AED 1,154,888; 2021 AED 1,240,888; 2023 AED 1,350,888; 2024 AED 1,525,000Sold by developer, November 2016: AED 1,188,888 (AED 840 per sqft)

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

Rents
Unit 202, each contractTypical three-bed in Hayat Boulevard 1B
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 74,900; 2023 AED 80,000; 2024 AED 115,000; 2025 AED 117,500; 2026 AED 115,000New contract, August 2020: AED 65,000 a yearNew contract, July 2021: AED 80,000 a yearNew contract, August 2022: AED 85,000 a yearNew contract, August 2023: AED 110,000 a yearNew contract, August 2024: AED 120,000 a year

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

3-beds in Hayat Boulevard 1B, and where 202 sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 1,615,000, around AED 1,142 per sqft, and rent for AED 96,802 to 125,006 a year. 202's AED 120,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,615,000
28 Oct 20241,550,000
17 Oct 20241,775,000
24 Jul 20241,400,000
1 3-bed 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 2nd floor

All 195 units in Hayat Boulevard 1B
Value
2012-bedAED 871K · Dec 2017
2031-bedAED 227K · Dec 2022
2041-bedAED 591K · Jan 2018
2051-bedAED 800K · Oct 2026
206StudioAED 460K · Dec 2024
2071-bedAED 675K · May 2024
2081-bedAED 685K · May 2024
1–7 of 27

202, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 24 November 2016 for AED 1,188,888, or AED 840 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 65,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 24,000 a year (AED 16.97 per sqft).
  • Three-beds in Hayat Boulevard 1B sold for AED 1,615,000–1,615,000 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 1 August 2024.

Questions about 202, Hayat Boulevard 1B

What did unit 202 last sell for?

AED 1,188,888 on 24 November 2016, sold by the developer: AED 840 per sqft for 1,414 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 120,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 110,000; the unit has been rented since August 2020.

How big is unit 202?

1,414 sqft (131.4 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 1B sold for AED 1,615,000 to 1,615,000 in the last 12 months, around AED 1,142 per sqft.

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Mortgage on 202, Hayat Boulevard 1B

Starts from the last sale price (AED 1.19M, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,188,888
Deposit, UAE resident (20%)
AED 237,778
Deposit, non-resident (40%)
AED 475,555
Monthly over 25 years at 3.7%
AED 4,864

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