2-bed · 1,072 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

211, Hayat Boulevard 1B

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

Unit 211 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 925K17 September 2024
Current rentAED 50K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Hayat Boulevard 1B

What is 211 worth today?

Last sold for AED 925,000 in 2024

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17 Sep 2024SoldReady
AED 925,000AED 862 per sqft
1 Aug 2023RentedRenewal
AED 49,500/yr12 months · AED 46 per sqft
1 Aug 2022RentedRenewal
AED 49,500/yr12 months · AED 46 per sqft
1 Aug 2021RentedRenewal
AED 37,000/yr12 months · AED 34 per sqft
2 Aug 2020Sold by developerReady
AED 794,888AED 741 per sqft
1 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 33 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
2-bed apartment
Size
1,072 sqft
Floor
2nd of 7
Parking
P-163
Developer
Nshmi Development
Completed
2020
Service charge
AED 18,200 /yr
Last sold
AED 925K · September 2024

About 211, Hayat Boulevard 1B

211 is a two-bedroom apartment of 1,072 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 17 September 2024 for AED 925,000, or AED 862 per sqft, in line with the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 49,500 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 18,200 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, August 2020: AED 794,888 (AED 741 per sqft)Sold, September 2024: AED 925,000 (AED 862 per sqft)

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

Rents
Unit 211, 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, August 2020: AED 35,000 a yearRenewal, August 2021: AED 37,000 a yearRenewal, August 2022: AED 49,500 a yearRenewal, August 2023: AED 49,500 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 211 sits

All 69 2-beds →

211 last sold in September 2024 at AED 862 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 867). 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. 211's AED 49,500 is in the lower 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 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

211, Hayat Boulevard 1B in numbers

  • Sold twice: first on 2 August 2020 for AED 794,888, last on 17 September 2024 for AED 925,000 (AED 862 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 35,000 to AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 18,200 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 17 September 2024.

Questions about 211, Hayat Boulevard 1B

What did unit 211 last sell for?

AED 925,000 on 17 September 2024: AED 862 per sqft for 1,072 sqft. The unit has 2 registered sales; the first was AED 794,888 in August 2020.

What is the rent for unit 211?

AED 49,500 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 49,500; the unit has been rented since August 2020.

How big is unit 211?

1,072 sqft (99.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 211 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 211, Hayat Boulevard 1B

Starts from the last sale price (AED 925K, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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