1-bed · 329 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

203, Hayat Boulevard 1B

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 227K29 December 2022
Current rentAED 45K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Hayat Boulevard 1B

What is 203 worth today?

Last sold for AED 226,500 in 2022

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1 May 2024RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
2 Nov 2023RentedRenewal
AED 36,300/yr6 months · AED 55 per sqft
29 Dec 2022SoldReady
AED 226,500AED 689 per sqft
2 Nov 2022RentedRenewal
AED 36,300/yr12 months · AED 55 per sqft
2 Nov 2021RentedNew contract
AED 33,000/yr12 months · AED 50 per sqft
17 Jun 2021SoldReady
AED 400,000AED 608 per sqft
2 Jul 2020RentedNew contract
AED 32,912/yr12 months · AED 50 per sqft
23 Oct 2017Sold by developerOff-plan
AED 639,888AED 973 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
329 sqft
Floor
2nd of 7
Parking
P-53
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,600 /yr
Last sold
AED 227K · December 2022

About 203, Hayat Boulevard 1B

203 is a one-bedroom apartment of 329 sqft on the 2nd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 29 December 2022 for AED 226,500, or AED 689 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 45,000 a year: a gross yield of 19.9% on the 2022 price, before the service charge of about AED 5,600 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Hayat Boulevard 1B
500K2016201920222025Typical sale price by year: 2016 AED 647,888; 2017 AED 657,888; 2018 AED 652,888; 2020 AED 628,888; 2021 AED 475,000; 2023 AED 547,500; 2024 AED 670,000; 2025 AED 767,500; 2026 AED 780,000Sold by developer, October 2017: AED 639,888 (AED 973 per sqft)Sold, June 2021: AED 400,000 (AED 608 per sqft)Sold, December 2022: AED 226,500 (AED 689 per sqft)

203 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 203, each contractTypical one-bed in Hayat Boulevard 1B
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,900; 2024 AED 55,000; 2025 AED 59,500; 2026 AED 60,000New contract, July 2020: AED 32,912 a yearNew contract, November 2021: AED 33,000 a yearRenewal, November 2022: AED 36,300 a yearRenewal, November 2023: AED 36,300 a yearNew contract, May 2024: AED 45,000 a year

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

1-beds in Hayat Boulevard 1B, and where 203 sits

All 79 1-beds →

Over the last 12 months one-beds sold for AED 770,000 to 800,000, around AED 1,220 per sqft, and rent for AED 47,000 to 77,500 a year. 203's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026800,000
24 Aug 2026770,000
31 Mar 2026780,000
31 Aug 2025775,888
3 1-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 2nd floor

All 195 units in Hayat Boulevard 1B
Value
2012-bedAED 871K · Dec 2017
2023-bedAED 1.19M · Nov 2016
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

203, Hayat Boulevard 1B in numbers

  • Sold 3 times: first on 23 October 2017 for AED 639,888, last on 29 December 2022 for AED 226,500 (AED 689 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 32,912 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 19.9%, before a service charge of about AED 5,600 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1B sold for AED 770,000–800,000 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 May 2024.

Questions about 203, Hayat Boulevard 1B

What did unit 203 last sell for?

AED 226,500 on 29 December 2022: AED 689 per sqft for 329 sqft. The unit has 3 registered sales; the first was AED 639,888 in October 2017.

What is the rent for unit 203?

AED 45,000 a year on the contract signed on 1 May 2024. The previous contract, from November 2023, was AED 36,300; the unit has been rented since July 2020.

How big is unit 203?

329 sqft (30.6 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1B sold for AED 770,000 to 800,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 203, Hayat Boulevard 1B

Starts from the last sale price (AED 227K, 29 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 226,500
Deposit, UAE resident (20%)
AED 45,300
Deposit, non-resident (40%)
AED 90,600
Monthly over 25 years at 3.7%
AED 927

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