1-bed · 743 sqftHayat Boulevard 1B, Town Square · 3rd floor · completed 2020

308, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 721K17 November 2016
Current rentAED 70K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Hayat Boulevard 1B

What is 308 worth today?

Last sold for AED 720,888 in 2016

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15 Jun 2026RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
4 Jun 2026RentedRenewal
AED 69,750/yr1 months · AED 94 per sqft
27 Jan 2026RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
23 Dec 2025RentedRenewal
AED 77,500/yr1 months · AED 104 per sqft
4 Nov 2025RentedRenewal
AED 72,000/yr4 months · AED 97 per sqft
23 Dec 2024RentedRenewal
AED 60,000/yr12 months · AED 81 per sqft
15 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
23 Dec 2023RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
1-bed apartment
Size
743 sqft
Floor
3rd of 7
Parking
G-7
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 721K · November 2016

About 308, Hayat Boulevard 1B

308 is a one-bedroom apartment of 743 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 17 November 2016 for AED 720,888, or AED 970 per sqft, in line with the AED 972 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 8 Ejari contracts. The current contract, signed on 15 June 2026, is AED 70,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical one-bed in Hayat Boulevard 1B
600K800K2016201920222025Typical sale price by year: 2016 AED 647,888; 2017 AED 657,888; 2018 AED 652,888; 2020 AED 628,888; 2021 AED 475,000; 2023 AED 547,500; 2024 AED 670,000; 2025 AED 767,500; 2026 AED 780,000Sold by developer, November 2016: AED 720,888 (AED 970 per sqft)

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

Rents
Unit 308, each contractTypical one-bed in Hayat Boulevard 1B
25K50K75K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,900; 2024 AED 55,000; 2025 AED 59,500; 2026 AED 60,000New contract, December 2023: AED 60,000 a yearNew contract, August 2024: AED 70,000 a yearRenewal, December 2024: AED 60,000 a yearRenewal, November 2025: AED 72,000 a yearRenewal, December 2025: AED 77,500 a yearNew contract, January 2026: AED 65,000 a yearNew contract, June 2026: AED 70,000 a yearRenewal, June 2026: AED 69,750 a year

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

1-beds in Hayat Boulevard 1B, and where 308 sits

All 79 1-beds →

308 last sold in November 2016 at AED 970 per sqft, in line with what one-beds in Hayat Boulevard 1B were fetching at the time (AED 972). Over the last 12 months one-beds sold for AED 770,000 to 800,000, around AED 1,220 per sqft, and rent for AED 47,000 to 77,500 a year. 308's AED 70,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026800,000
24 Aug 2026770,000
31 Mar 2026780,000
31 Aug 2025775,888
3 1-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 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
306StudioAED 421K · Jul 2021
3071-bedAED 600K · Nov 2016
1–7 of 28

308, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 720,888, or AED 970 per sqft.
  • Rented since December 2023 on 8 Ejari contracts, from AED 60,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 12,600 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1B sold for AED 770,000–800,000 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 15 June 2026.

Questions about 308, Hayat Boulevard 1B

What did unit 308 last sell for?

AED 720,888 on 17 November 2016, sold by the developer: AED 970 per sqft for 743 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 70,000 a year on the contract signed on 15 June 2026. The previous contract, from June 2026, was AED 69,750; the unit has been rented since December 2023.

How big is unit 308?

743 sqft (69.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1B sold for AED 770,000 to 800,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 308, Hayat Boulevard 1B

Starts from the last sale price (AED 721K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 720,888
Deposit, UAE resident (20%)
AED 144,178
Deposit, non-resident (40%)
AED 288,355
Monthly over 25 years at 3.7%
AED 2,949

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