227, Hayat Boulevard 1B
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 227, Hayat Boulevard 1B
What is 227 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 900 sqft
- Floor
- 2nd of 7
- Parking
- P-64
- Developer
- Nshmi Development
- Completed
- 2020
- Service charge
- AED 15,300 /yr
- Last sold
- AED 845K · November 2016
- Building
- Hayat Boulevard 1B
About 227, Hayat Boulevard 1B
227 is a two-bedroom apartment of 900 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 17 November 2016 for AED 844,888, or AED 939 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 November 2024, is AED 85,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 15,300 a year.
Sales and rents for 227 over time
227 has sold once; the dashed line is the two-bed median of each year in the building.
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 227 sits
All 69 2-beds →227 last sold in November 2016 at AED 939 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 956). 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. 227's AED 85,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Hayat Boulevard 1B
Building195 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%
Other units on the 2nd floor
All 195 units in Hayat Boulevard 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 224 | 2-bed | 935 sqft | AED 841KAED 840,888 · Nov 2020November 2020 | 80,000 /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 | |
| 228 | 3-bed | 1,378 sqft | AED 1.35MAED 1,350,000 · Nov 2023November 2023 | 115,000 /yr |
227, Hayat Boulevard 1B in numbers
- Sold once: by Nshmi Development on 17 November 2016 for AED 844,888, or AED 939 per sqft.
- Rented since July 2020 on 5 Ejari contracts, from AED 44,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 15,300 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 1 November 2024.
Questions about 227, Hayat Boulevard 1B
What did unit 227 last sell for?
AED 844,888 on 17 November 2016, sold by the developer: AED 939 per sqft for 900 sqft. It is the only registered sale of the unit.
What is the rent for unit 227?
AED 85,000 a year on the contract signed on 1 November 2024. The previous contract, from October 2023, was AED 78,000; the unit has been rented since July 2020.
How big is unit 227?
900 sqft (83.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.
What is unit 227 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 227, Hayat Boulevard 1B
Starts from the last sale price (AED 845K, 17 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 844,888
- Deposit, UAE resident (20%)
- AED 168,978
- Deposit, non-resident (40%)
- AED 337,955
- Monthly over 25 years at 3.7%
- AED 3,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →