Studio · 312 sqftHayat Boulevard 1B, Town Square · 3rd floor · completed 2020

319, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 319 · DLD and Ejari recordsUpdated 31 August 2025
Last soldAED 405K16 February 2017
Current rentAED 33K /yr31 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 319, Hayat Boulevard 1B

What is 319 worth today?

Last sold for AED 404,888 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Aug 2025RentedRenewal
AED 33,000/yr12 months · AED 106 per sqft
31 Aug 2024RentedRenewal
AED 32,000/yr12 months · AED 102 per sqft
31 Aug 2023RentedRenewal
AED 27,500/yr12 months · AED 88 per sqft
31 Aug 2022RentedNew contract
AED 24,500/yr12 months · AED 78 per sqft
14 Oct 2021RentedRenewal
AED 22,000/yr12 months · AED 70 per sqft
14 Oct 2020RentedNew contract
AED 22,000/yr12 months · AED 70 per sqft
16 Feb 2017Sold by developerOff-plan
AED 404,888AED 1,296 per sqft

Source: Dubai Land Department. Updated 31 August 2025.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
3rd of 7
Parking
G-12
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 405K · February 2017

About 319, Hayat Boulevard 1B

319 is a studio of 312 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 16 February 2017 for AED 404,888, or AED 1,296 per sqft, in line with the AED 1,313 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 31 August 2025, is AED 33,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 5,300 a year.

Sales and rents for 319 over time

Sales
Unit 319, 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, February 2017: AED 404,888 (AED 1,296 per sqft)

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

Rents
Unit 319, 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 37,000New contract, October 2020: AED 22,000 a yearRenewal, October 2021: AED 22,000 a yearNew contract, August 2022: AED 24,500 a yearRenewal, August 2023: AED 27,500 a yearRenewal, August 2024: AED 32,000 a yearRenewal, August 2025: AED 33,000 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 319 sits

All 22 studios →

319 last sold in February 2017 at AED 1,296 per sqft, in line with what studios in Hayat Boulevard 1B were fetching at the time (AED 1,313). 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. 319's AED 33,000 is in the lower 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
306StudioAED 421K · Jul 2021
3071-bedAED 600K · Nov 2016
1–7 of 28

319, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 16 February 2017 for AED 404,888, or AED 1,296 per sqft.
  • Rented since October 2020 on 6 Ejari contracts, from AED 22,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 8.2%, 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 31 August 2025.

Questions about 319, Hayat Boulevard 1B

What did unit 319 last sell for?

AED 404,888 on 16 February 2017, sold by the developer: AED 1,296 per sqft for 312 sqft. It is the only registered sale of the unit.

What is the rent for unit 319?

AED 33,000 a year on the contract renewed on 31 August 2025. The previous contract, from August 2024, was AED 32,000; the unit has been rented since October 2020.

How big is unit 319?

312 sqft (29.0 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 319 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.

Selling 319? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 319, Hayat Boulevard 1B

Starts from the last sale price (AED 405K, 16 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 404,888
Deposit, UAE resident (20%)
AED 80,978
Deposit, non-resident (40%)
AED 161,955
Monthly over 25 years at 3.7%
AED 1,657

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