2-bed · 1,103 sqftHayat Boulevard 1B, Town Square · 3rd floor · completed 2020

327, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 327 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 950K6 June 2024
Current rentAED 60K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 327, Hayat Boulevard 1B

What is 327 worth today?

Last sold for AED 950,000 in 2024

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6 Jun 2024SoldReady
AED 950,000AED 861 per sqft
1 Feb 2024RentedRenewal
AED 60,000/yr3 months · AED 54 per sqft
1 Nov 2023RentedRenewal
AED 56,000/yr3 months · AED 51 per sqft
1 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 50 per sqft
1 Nov 2021RentedNew contract
AED 52,000/yr12 months · AED 47 per sqft
18 Oct 2020RentedNew contract
AED 46,000/yr12 months · AED 41 per sqft
5 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
19 Jan 2017Sold by developerOff-plan
AED 989,888AED 907 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
1,103 sqft
Floor
3rd of 7
Parking
P-69
Developer
Nshmi Development
Completed
2020
Service charge
AED 18,700 /yr
Last sold
AED 950K · June 2024

About 327, Hayat Boulevard 1B

327 is a two-bedroom apartment of 1,103 sqft on the 3rd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 6 June 2024 for AED 950,000, or AED 861 per sqft, in line with the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 60,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 18,700 a year.

Sales and rents for 327 over time

Sales
Unit 327, each saleTypical two-bed in Hayat Boulevard 1B
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 881,888; 2017 AED 881,888; 2020 AED 799,888; 2021 AED 900,888; 2022 AED 780,000; 2023 AED 845,000; 2024 AED 927,500; 2025 AED 1,100,000; 2026 AED 1,195,000Sold by developer, January 2017: AED 989,888 (AED 907 per sqft)Sold, June 2024: AED 950,000 (AED 861 per sqft)

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

Rents
Unit 327, each contractTypical two-bed in Hayat Boulevard 1B
40K60K80K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 82,000New contract, July 2020: AED 45,000 a yearNew contract, October 2020: AED 46,000 a yearNew contract, November 2021: AED 52,000 a yearRenewal, November 2022: AED 55,000 a yearRenewal, November 2023: AED 56,000 a yearRenewal, February 2024: AED 60,000 a year

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 327 sits

All 69 2-beds →

327 last sold in June 2024 at AED 861 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 867). 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. 327's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,350,000
25 Aug 20261,140,000
14 Jul 20261,250,000
13 Jul 20261,100,000
7 2-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

327, Hayat Boulevard 1B in numbers

  • Sold twice: first on 19 January 2017 for AED 989,888, last on 6 June 2024 for AED 950,000 (AED 861 per sqft).
  • Rented since July 2020 on 6 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 18,700 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 6 June 2024.

Questions about 327, Hayat Boulevard 1B

What did unit 327 last sell for?

AED 950,000 on 6 June 2024: AED 861 per sqft for 1,103 sqft. The unit has 2 registered sales; the first was AED 989,888 in January 2017.

What is the rent for unit 327?

AED 60,000 a year on the contract renewed on 1 February 2024. The previous contract, from November 2023, was AED 56,000; the unit has been rented since July 2020.

How big is unit 327?

1,103 sqft (102.5 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 327 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 327, Hayat Boulevard 1B

Starts from the last sale price (AED 950K, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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