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3-bed · 1,414 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

402, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 1.35M21 December 2023
Current rentAED 75K /yr31 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Hayat Boulevard 1B

What is 402 worth today?

Last sold for AED 1,350,888 in 2023

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21 Dec 2023SoldReady
AED 1,350,888AED 955 per sqft
31 Dec 2022RentedRenewal
AED 74,800/yr12 months · AED 53 per sqft
31 Dec 2021RentedRenewal
AED 68,000/yr12 months · AED 48 per sqft
31 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 44 per sqft
19 Jul 2020Sold by developerReady
AED 1,040,888AED 736 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
3-bed apartment
Size
1,414 sqft
Floor
4th of 7
Parking
P-95
Developer
Nshmi Development
Completed
2020
Service charge
AED 24,000 /yr
Last sold
AED 1.35M · December 2023
Building
Hayat Boulevard 1B

About 402, Hayat Boulevard 1B

402 is a three-bedroom apartment of 1,414 sqft on the 4th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 21 December 2023 for AED 1,350,888, or AED 955 per sqft, 10% above the AED 866 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 31 December 2022, is AED 74,800 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 24,000 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Hayat Boulevard 1B
1M1.25M1.5M20172019202120232025Typical sale price by year: 2017 AED 1,258,888; 2020 AED 1,154,888; 2021 AED 1,240,888; 2023 AED 1,350,888; 2024 AED 1,525,000Sold by developer, July 2020: AED 1,040,888 (AED 736 per sqft)Sold, December 2023: AED 1,350,888 (AED 955 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Hayat Boulevard 1B
100K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 74,900; 2023 AED 80,000; 2024 AED 115,000; 2025 AED 117,500; 2026 AED 115,000New contract, December 2020: AED 62,000 a yearRenewal, December 2021: AED 68,000 a yearRenewal, December 2022: AED 74,800 a year

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

3-beds in Hayat Boulevard 1B, and where 402 sits

All 23 3-beds →

402 last sold in December 2023 at AED 955 per sqft, 10% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 866). Over the last 12 months three-beds sold for AED 1,615,000, around AED 1,142 per sqft, and rent for AED 96,802 to 125,006 a year. 402's AED 74,800 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,615,000
28 Oct 20241,550,000
17 Oct 20241,775,000
24 Jul 20241,400,000
1 3-bed 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 4th floor

All 195 units in Hayat Boulevard 1B
Value
4012-bedAED 1M · Mar 2025
4031-bedAED 678K · Jan 2017
4041-bedAED 780K · Mar 2026
4051-bedAED 770K · Aug 2026
406StudioAED 430K · Jan 2017
4071-bedAED 646K · Sep 2020
4081-bedAED 709K · Nov 2016
1–7 of 28

402, Hayat Boulevard 1B in numbers

  • Sold twice: first on 19 July 2020 for AED 1,040,888, last on 21 December 2023 for AED 1,350,888 (AED 955 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 62,000 to AED 74,800 a year.
  • At AED 74,800 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 24,000 a year (AED 16.97 per sqft).
  • Three-beds in Hayat Boulevard 1B sold for AED 1,615,000–1,615,000 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 21 December 2023.

Questions about 402, Hayat Boulevard 1B

What did unit 402 last sell for?

AED 1,350,888 on 21 December 2023: AED 955 per sqft for 1,414 sqft. The unit has 2 registered sales; the first was AED 1,040,888 in July 2020.

What is the rent for unit 402?

AED 74,800 a year on the contract renewed on 31 December 2022. The previous contract, from December 2021, was AED 68,000; the unit has been rented since December 2020.

How big is unit 402?

1,414 sqft (131.4 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 1B sold for AED 1,615,000 to 1,615,000 in the last 12 months, around AED 1,142 per sqft.

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Mortgage on 402, Hayat Boulevard 1B

Starts from the last sale price (AED 1.35M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,888
Deposit, UAE resident (20%)
AED 270,178
Deposit, non-resident (40%)
AED 540,355
Monthly over 25 years at 3.7%
AED 5,527

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