2-bed · 935 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

224, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 224 · DLD and Ejari recordsUpdated 5 March 2026

Last soldAED 841K1 November 2020

Current rentAED 80K /yr5 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 224, Hayat Boulevard 1B

Today

What is 224 worth today?

Last sold for AED 840,888 in 2020

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5 Mar 2026

5 Mar 2026RentedNew contract

AED 80,000/yr12 months · AED 86 per sqft

5 Mar 2025

5 Mar 2025RentedNew contract

AED 80,000/yr12 months · AED 85 per sqft

5 Mar 2025

5 Mar 2025RentedNew contract

AED 80,000/yr12 months · AED 85 per sqft

2 Mar 2024

2 Mar 2024RentedNew contract

AED 80,000/yr12 months · AED 86 per sqft

1 Mar 2023

1 Mar 2023RentedRenewal

AED 55,000/yr12 months · AED 59 per sqft

1 Mar 2021

1 Mar 2021RentedNew contract

AED 47,500/yr12 months · AED 51 per sqft

1 Nov 2020

1 Nov 2020Sold by developerReady

AED 840,888AED 898 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type: 2-bed apartment
Size: 935 sqft
Floor: 2nd of 7
Parking: P-83
Developer: Nshmi Development
Completed: 2020
Service charge: AED 15,900 /yr
Last sold: AED 841K · November 2020
Building: Hayat Boulevard 1B

About 224, Hayat Boulevard 1B

224 is a two-bedroom apartment of 935 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 1 November 2020 for AED 840,888, or AED 898 per sqft, in line with the AED 873 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 5 March 2026, is AED 80,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 15,900 a year.

Sales and rents for 224 over time

Sales

Unit 224, each saleTypical two-bed in Hayat Boulevard 1B

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

Rents

Unit 224, each contractTypical two-bed in Hayat Boulevard 1B

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 224 sits

All 69 2-beds →

2-beds in Hayat Boulevard 1B · last 12 months1,247 /sqft Hayat Boulevard 1B · all types1,244 /sqft

224 last sold in November 2020 at AED 898 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 873). 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. 224's AED 80,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
21 Sep 202621 September 2026	1,573 sqft	1,350,000	858
25 Aug 202625 August 2026	901 sqft	1,140,000	1,265
14 Jul 202614 July 2026	935 sqft	1,250,000	1,337
13 Jul 202613 July 2026	887 sqft	1,100,000	1,240

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


201	2-bed	934 sqft	AED 871KAED 870,888 · Dec 2017December 2017
202	3-bed	1,414 sqft	AED 1.19MAED 1,188,888 · Nov 2016November 2016	120,000 /yr
203	1-bed	329 sqft	AED 227KAED 226,500 · Dec 2022December 2022	45,000 /yr
204	1-bed	603 sqft	AED 591KAED 590,888 · Jan 2018January 2018	65,000 /yr
205	1-bed	656 sqft	AED 800KAED 800,000 · Oct 2026October 2026	54,853 /yr
206	Studio	314 sqft	AED 460KAED 460,000 · Dec 2024December 2024	42,000 /yr
207	1-bed	607 sqft	AED 675KAED 675,000 · May 2024May 2024	55,000 /yr
208	1-bed	679 sqft	AED 685KAED 685,000 · May 2024May 2024	60,000 /yr
209	1-bed	375 sqft	AED 175KAED 175,000 · Jul 2019July 2019	63,000 /yr
210	2-bed	896 sqft	AED 1.07MAED 1,073,000 · Jun 2025June 2025	58,567 /yr
211	2-bed	1,072 sqft	AED 925KAED 925,000 · Sep 2024September 2024	49,500 /yr
212	1-bed	683 sqft	AED 649KAED 648,888 · Nov 2016November 2016
213	1-bed	698 sqft	AED 710KAED 710,000 · Feb 2025February 2025	50,000 /yr
214	2-bed	1,073 sqft	AED 912KAED 911,888 · Jun 2017June 2017	80,000 /yr
215	2-bed	894 sqft	AED 965KAED 965,000 · Jan 2025January 2025	85,000 /yr
216	1-bed	744 sqft	AED 717KAED 716,888 · Jan 2018January 2018	60,000 /yr
217	1-bed	680 sqft	AED 670KAED 670,000 · Jan 2024January 2024	60,000 /yr
218	1-bed	608 sqft	AED 640KAED 640,000 · Jul 2024July 2024	55,000 /yr
219	Studio	312 sqft	AED 475KAED 475,000 · Dec 2024December 2024	43,000 /yr
220	1-bed	656 sqft	AED 570KAED 570,000 · Oct 2023October 2023	48,400 /yr
221	1-bed	603 sqft	AED 545KAED 544,888 · Jan 2017January 2017	47,000 /yr
222	1-bed	657 sqft	AED 610KAED 609,888 · Jan 2017January 2017	56,000 /yr
223	3-bed	1,415 sqft	AED 1.1MAED 1,100,000 · Aug 2023August 2023	115,000 /yr
225	3-bed	1,454 sqft	AED 1.55MAED 1,550,000 · Oct 2024October 2024	76,000 /yr
226	2-bed	886 sqft	AED 824KAED 823,888 · Apr 2017April 2017	80,000 /yr
227	2-bed	900 sqft	AED 845KAED 844,888 · Nov 2016November 2016	85,000 /yr
228	3-bed	1,378 sqft	AED 1.35MAED 1,350,000 · Nov 2023November 2023	115,000 /yr

1–7 of 27

224, Hayat Boulevard 1B in numbers

Sold once: by Nshmi Development on 1 November 2020 for AED 840,888, or AED 898 per sqft.
Rented since March 2021 on 6 Ejari contracts, from AED 47,500 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 15,900 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 5 March 2026.

Questions about 224, Hayat Boulevard 1B

What did unit 224 last sell for?

AED 840,888 on 1 November 2020, sold by the developer: AED 898 per sqft for 935 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 80,000 a year on the contract signed on 5 March 2026. The previous contract, from March 2025, was AED 80,000; the unit has been rented since March 2021.

How big is unit 224?

935 sqft (86.9 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 224 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 224, Hayat Boulevard 1B

Starts from the last sale price (AED 841K, 1 November 2020). Switch to today's estimate once you have unlocked it.

Price: AED 840,888
Deposit, UAE resident (20%): AED 168,178
Deposit, non-resident (40%): AED 336,355
Monthly over 25 years at 3.7%: AED 3,440

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