1-bed · 679 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

208, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 24 May 2024
Last soldAED 685K24 May 2024
Current rentAED 60K /yr5 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Hayat Boulevard 1B

What is 208 worth today?

Last sold for AED 685,000 in 2024

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24 May 2024SoldReady
AED 685,000AED 1,008 per sqft
5 Jan 2024RentedNew contract
AED 60,000/yr12 months · AED 88 per sqft
5 Nov 2022RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
5 Nov 2021RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
1 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
24 Nov 2016Sold by developerOff-plan
AED 660,888AED 973 per sqft

Source: Dubai Land Department. Updated 24 May 2024.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
2nd of 7
Parking
P-159
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,500 /yr
Last sold
AED 685K · May 2024

About 208, Hayat Boulevard 1B

208 is a one-bedroom apartment of 679 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 24 May 2024 for AED 685,000, or AED 1,008 per sqft, 8% above the AED 930 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 5 January 2024, is AED 60,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 11,500 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Hayat Boulevard 1B
600K800K2016201920222025Typical 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, November 2016: AED 660,888 (AED 973 per sqft)Sold, May 2024: AED 685,000 (AED 1,008 per sqft)

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

Rents
Unit 208, 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, October 2020: AED 32,000 a yearNew contract, November 2021: AED 32,000 a yearRenewal, November 2022: AED 35,000 a yearNew contract, January 2024: AED 60,000 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 208 sits

All 79 1-beds →

208 last sold in May 2024 at AED 1,008 per sqft, 8% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 930). 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. 208's AED 60,000 is in the lower half 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
2031-bedAED 227K · Dec 2022
2041-bedAED 591K · Jan 2018
2051-bedAED 800K · Oct 2026
206StudioAED 460K · Dec 2024
2071-bedAED 675K · May 2024
1–7 of 27

208, Hayat Boulevard 1B in numbers

  • Sold twice: first on 24 November 2016 for AED 660,888, last on 24 May 2024 for AED 685,000 (AED 1,008 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 11,500 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 24 May 2024.

Questions about 208, Hayat Boulevard 1B

What did unit 208 last sell for?

AED 685,000 on 24 May 2024: AED 1,008 per sqft for 679 sqft. The unit has 2 registered sales; the first was AED 660,888 in November 2016.

What is the rent for unit 208?

AED 60,000 a year on the contract signed on 5 January 2024. The previous contract, from November 2022, was AED 35,000; the unit has been rented since October 2020.

How big is unit 208?

679 sqft (63.1 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 208 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 208, Hayat Boulevard 1B

Starts from the last sale price (AED 685K, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 685,000
Deposit, UAE resident (20%)
AED 137,000
Deposit, non-resident (40%)
AED 274,000
Monthly over 25 years at 3.7%
AED 2,803

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