Studio · 313 sqftHayat Boulevard 1B, Town Square · 3rd floor · completed 2020

306, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 421K11 July 2021
Current rentAED 40K /yr16 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Hayat Boulevard 1B

What is 306 worth today?

Last sold for AED 420,888 in 2021

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16 Feb 2026RentedRenewal
AED 40,000/yr12 months · AED 128 per sqft
16 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 128 per sqft
16 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 128 per sqft
11 Jul 2021Sold by developerReady
AED 420,888AED 1,346 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
3rd of 7
Parking
G-5
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 421K · July 2021

About 306, Hayat Boulevard 1B

306 is a studio of 313 sqft on the 3rd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 11 July 2021 for AED 420,888, or AED 1,346 per sqft, 16% above the AED 1,165 studios in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 16 February 2026, is AED 40,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 5,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical studio in Hayat Boulevard 1B
400K500K2016201920222025Typical sale price by year: 2016 AED 419,888; 2017 AED 410,388; 2020 AED 359,888; 2021 AED 420,888; 2023 AED 364,000; 2024 AED 475,000; 2025 AED 500,000Sold by developer, July 2021: AED 420,888 (AED 1,346 per sqft)

306 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 306, each contractTypical studio in Hayat Boulevard 1B
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 32,000; 2025 AED 38,000; 2026 AED 37,000Renewal, February 2025: AED 40,000 a yearRenewal, February 2025: AED 40,000 a yearRenewal, February 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Hayat Boulevard 1B, and where 306 sits

All 22 studios →

306 last sold in July 2021 at AED 1,346 per sqft, 16% above what studios in Hayat Boulevard 1B were fetching at the time (AED 1,165). Over the last 12 months studios sold for AED 525,000, around AED 1,678 per sqft, and rent for AED 30,000 to 43,000 a year. 306's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025525,000
2 Oct 2025500,000
17 Feb 2025495,000
19 Dec 2024460,000
1 studio 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 3rd floor

All 195 units in Hayat Boulevard 1B
Value
3012-bedAED 884K · Dec 2017
3023-bedAED 1.12M · Jan 2021
3031-bedAED 650K · Nov 2016
3041-bedAED 600K · Nov 2016
3051-bedAED 639K · Jan 2017
3071-bedAED 600K · Nov 2016
3081-bedAED 721K · Nov 2016
1–7 of 28

306, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 11 July 2021 for AED 420,888, or AED 1,346 per sqft.
  • Rented since February 2025 on 3 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).
  • Studios in Hayat Boulevard 1B sold for AED 525,000–525,000 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 16 February 2026.

Questions about 306, Hayat Boulevard 1B

What did unit 306 last sell for?

AED 420,888 on 11 July 2021, sold by the developer: AED 1,346 per sqft for 313 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 40,000 a year on the contract renewed on 16 February 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since February 2025.

How big is unit 306?

313 sqft (29.1 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1B sold for AED 525,000 to 525,000 in the last 12 months, around AED 1,678 per sqft.

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Mortgage on 306, Hayat Boulevard 1B

Starts from the last sale price (AED 421K, 11 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 420,888
Deposit, UAE resident (20%)
AED 84,178
Deposit, non-resident (40%)
AED 168,355
Monthly over 25 years at 3.7%
AED 1,722

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