Studio · 313 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

406, Hayat Boulevard 1B

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

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Unit 406 · DLD and Ejari recordsUpdated 20 September 2025

Last soldAED 430K11 January 2017

Current rentAED 38K /yr20 September 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 406, Hayat Boulevard 1B

Today

What is 406 worth today?

Last sold for AED 429,888 in 2017

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20 Sep 2025

20 Sep 2025RentedNew contract

AED 38,000/yr12 months · AED 122 per sqft

20 Sep 2024

20 Sep 2024RentedRenewal

AED 30,000/yr12 months · AED 96 per sqft

20 Sep 2023

20 Sep 2023RentedNew contract

AED 28,000/yr12 months · AED 90 per sqft

20 Sep 2022

20 Sep 2022RentedNew contract

AED 25,000/yr12 months · AED 80 per sqft

20 Sep 2021

20 Sep 2021RentedRenewal

AED 20,000/yr12 months · AED 64 per sqft

20 Sep 2020

20 Sep 2020RentedNew contract

AED 18,000/yr12 months · AED 58 per sqft

11 Jan 2017

11 Jan 2017Sold by developerOff-plan

AED 429,888AED 1,374 per sqft

Source: Dubai Land Department. Updated 20 September 2025.

Key facts

Type: Studio apartment
Size: 313 sqft
Floor: 4th of 7
Parking: G-21
Developer: Nshmi Development
Completed: 2020
Service charge: AED 5,300 /yr
Last sold: AED 430K · January 2017
Building: Hayat Boulevard 1B

About 406, Hayat Boulevard 1B

406 is a studio of 313 sqft on the 4th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 11 January 2017 for AED 429,888, or AED 1,374 per sqft, 6% above the AED 1,294 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 20 September 2025, is AED 38,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 5,300 a year.

Sales and rents for 406 over time

Sales

Unit 406, each saleTypical studio in Hayat Boulevard 1B

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

Rents

Unit 406, each contractTypical studio in Hayat Boulevard 1B

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 406 sits

All 22 studios →

Studios in Hayat Boulevard 1B · last 12 months1,678 /sqft Hayat Boulevard 1B · all types1,244 /sqft

406 last sold in January 2017 at AED 1,374 per sqft, 6% above what studios in Hayat Boulevard 1B were fetching at the time (AED 1,294). 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. 406's AED 38,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
11 Dec 202511 December 2025	313 sqft	525,000	1,678
2 Oct 20252 October 2025	312 sqft	500,000	1,600
17 Feb 202517 February 2025	326 sqft	495,000	1,517
19 Dec 202419 December 2024	314 sqft	460,000	1,463

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 4th floor

All 195 units in Hayat Boulevard 1B


401	2-bed	935 sqft	AED 1MAED 1,000,000 · Mar 2025March 2025	95,000 /yr
402	3-bed	1,414 sqft	AED 1.35MAED 1,350,888 · Dec 2023December 2023	74,800 /yr
403	1-bed	656 sqft	AED 678KAED 677,888 · Jan 2017January 2017	45,000 /yr
404	1-bed	604 sqft	AED 780KAED 780,000 · Mar 2026March 2026	62,400 /yr
405	1-bed	656 sqft	AED 770KAED 770,000 · Aug 2026August 2026	60,000 /yr
407	1-bed	608 sqft	AED 646KAED 645,888 · Sep 2020September 2020	60,000 /yr
408	1-bed	679 sqft	AED 709KAED 708,888 · Nov 2016November 2016	52,500 /yr
409	1-bed	744 sqft	AED 631KAED 630,888 · Jul 2020July 2020	70,000 /yr
410	2-bed	877 sqft	AED 828KAED 827,888 · Jan 2017January 2017	65,100 /yr
411	2-bed	881 sqft	AED 827KAED 826,888 · Jan 2018January 2018	70,500 /yr
412	1-bed	694 sqft	AED 621KAED 620,888 · Jan 2018January 2018	31,000 /yr
413	1-bed	693 sqft	AED 785KAED 785,000 · May 2025May 2025	58,000 /yr
414	2-bed	886 sqft	AED 826KAED 825,888 · Nov 2016November 2016	85,000 /yr
415	2-bed	882 sqft	AED 900KAED 900,000 · Dec 2024December 2024	85,000 /yr
416	1-bed	744 sqft	AED 731KAED 730,888 · Mar 2017March 2017	65,000 /yr
417	1-bed	680 sqft	AED 770KAED 770,000 · May 2025May 2025	60,000 /yr
418	1-bed	608 sqft	AED 555KAED 554,888 · Nov 2016November 2016	60,000 /yr
419	Studio	312 sqft	AED 490KAED 490,000 · Oct 2024October 2024	35,000 /yr
420	1-bed	655 sqft	AED 550KAED 550,000 · Sep 2023September 2023	58,000 /yr
421	1-bed	603 sqft	AED 555KAED 554,888 · Nov 2016November 2016	50,000 /yr
422	1-bed	657 sqft	AED 647KAED 646,888 · Nov 2016November 2016	55,000 /yr
423	3-bed	1,415 sqft	AED 1.28MAED 1,276,888 · Sep 2017September 2017	115,000 /yr
424	2-bed	935 sqft	AED 795KAED 795,000 · Oct 2023October 2023	82,000 /yr
425	1-bed	580 sqft	AED 616KAED 615,888 · Nov 2016November 2016	66,000 /yr
426	2-bed	996 sqft	AED 800KAED 800,000 · Aug 2023August 2023
427	2-bed	1,089 sqft	AED 1MAED 1,004,888 · Jan 2017January 2017	61,330 /yr
428	2-bed	901 sqft	AED 1.14MAED 1,140,000 · Aug 2026August 2026	90,000 /yr
429	3-bed	1,357 sqft	AED 1.24MAED 1,240,888 · Jun 2017June 2017

1–7 of 28

406, Hayat Boulevard 1B in numbers

Sold once: by Nshmi Development on 11 January 2017 for AED 429,888, or AED 1,374 per sqft.
Rented since September 2020 on 6 Ejari contracts, from AED 18,000 to AED 38,000 a year.
At AED 38,000 a year the gross yield on the 2017 price is 8.8%, 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 20 September 2025.

Questions about 406, Hayat Boulevard 1B

What did unit 406 last sell for?

AED 429,888 on 11 January 2017, sold by the developer: AED 1,374 per sqft for 313 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 38,000 a year on the contract signed on 20 September 2025. The previous contract, from September 2024, was AED 30,000; the unit has been rented since September 2020.

How big is unit 406?

313 sqft (29.1 sqm): a studio on the 4th floor of a 7-storey tower completed in 2020.

What is unit 406 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 406, Hayat Boulevard 1B

Starts from the last sale price (AED 430K, 11 January 2017). Switch to today's estimate once you have unlocked it.

Price: AED 429,888
Deposit, UAE resident (20%): AED 85,978
Deposit, non-resident (40%): AED 171,955
Monthly over 25 years at 3.7%: AED 1,759

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