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3-bed · 1,454 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

225, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in October 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 225 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 1.55M28 October 2024
Current rentAED 76K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 225, Hayat Boulevard 1B

What is 225 worth today?

Last sold for AED 1,550,000 in 2024

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28 Oct 2024SoldReady
AED 1,550,000AED 1,066 per sqft
1 Jul 2023RentedRenewal
AED 76,000/yr12 months · AED 52 per sqft
1 Jul 2022RentedNew contract
AED 76,000/yr12 months · AED 52 per sqft
1 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft
24 Jun 2021Sold by developerReady
AED 1,240,888AED 853 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
3-bed apartment
Size
1,454 sqft
Floor
2nd of 7
Parking
P-92
Developer
Nshmi Development
Completed
2020
Service charge
AED 24,700 /yr
Last sold
AED 1.55M · October 2024
Building
Hayat Boulevard 1B

About 225, Hayat Boulevard 1B

225 is a three-bedroom apartment of 1,454 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 28 October 2024 for AED 1,550,000, or AED 1,066 per sqft, 12% above the AED 955 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 76,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 24,700 a year.

Sales and rents for 225 over time

Sales
Unit 225, each saleTypical three-bed in Hayat Boulevard 1B
1.2M1.4M1.6M201720202023Typical 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, June 2021: AED 1,240,888 (AED 853 per sqft)Sold, October 2024: AED 1,550,000 (AED 1,066 per sqft)

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

Rents
Unit 225, 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, July 2021: AED 75,000 a yearNew contract, July 2022: AED 76,000 a yearRenewal, July 2023: AED 76,000 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 225 sits

All 23 3-beds →

225 last sold in October 2024 at AED 1,066 per sqft, 12% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 955). 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. 225's AED 76,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,615,000
17 Oct 20241,775,000
24 Jul 20241,400,000
23 Jul 20241,500,000
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
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

225, Hayat Boulevard 1B in numbers

  • Sold twice: first on 24 June 2021 for AED 1,240,888, last on 28 October 2024 for AED 1,550,000 (AED 1,066 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 75,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 24,700 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 28 October 2024.

Questions about 225, Hayat Boulevard 1B

What did unit 225 last sell for?

AED 1,550,000 on 28 October 2024: AED 1,066 per sqft for 1,454 sqft. The unit has 2 registered sales; the first was AED 1,240,888 in June 2021.

What is the rent for unit 225?

AED 76,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 76,000; the unit has been rented since July 2021.

How big is unit 225?

1,454 sqft (135.1 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 225 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 225, Hayat Boulevard 1B

Starts from the last sale price (AED 1.55M, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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