1-bed · 608 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

407, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 646K14 September 2020
Current rentAED 60K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Hayat Boulevard 1B

What is 407 worth today?

Last sold for AED 645,888 in 2020

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15 Dec 2025RentedNew contract
AED 60,000/yr12 months · AED 99 per sqft
1 Jun 2024RentedNew contract
AED 56,000/yr12 months · AED 91 per sqft
19 Jan 2023RentedNew contract
AED 33,600/yr12 months · AED 55 per sqft
20 Jan 2022RentedRenewal
AED 28,000/yr12 months · AED 46 per sqft
20 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
14 Sep 2020Sold by developerReady
AED 645,888AED 1,061 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
608 sqft
Floor
4th of 7
Parking
G-22
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 646K · September 2020

About 407, Hayat Boulevard 1B

407 is a one-bedroom apartment of 608 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 14 September 2020 for AED 645,888, or AED 1,061 per sqft, 7% above the AED 992 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 December 2025, is AED 60,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 10,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, September 2020: AED 645,888 (AED 1,061 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Hayat Boulevard 1B
40K60K2020202220242026Typical 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, January 2021: AED 28,000 a yearRenewal, January 2022: AED 28,000 a yearNew contract, January 2023: AED 33,600 a yearNew contract, June 2024: AED 56,000 a yearNew contract, December 2025: AED 60,000 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 407 sits

All 79 1-beds →

407 last sold in September 2020 at AED 1,061 per sqft, 7% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 992). 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. 407's AED 60,000 is in the lower 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 4th floor

All 195 units in Hayat Boulevard 1B
Value
4012-bedAED 1M · Mar 2025
4023-bedAED 1.35M · Dec 2023
4031-bedAED 678K · Jan 2017
4041-bedAED 780K · Mar 2026
4051-bedAED 770K · Aug 2026
406StudioAED 430K · Jan 2017
4081-bedAED 709K · Nov 2016
1–7 of 28

407, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 14 September 2020 for AED 645,888, or AED 1,061 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 28,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 10,300 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 December 2025.

Questions about 407, Hayat Boulevard 1B

What did unit 407 last sell for?

AED 645,888 on 14 September 2020, sold by the developer: AED 1,061 per sqft for 608 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 60,000 a year on the contract signed on 15 December 2025. The previous contract, from June 2024, was AED 56,000; the unit has been rented since January 2021.

How big is unit 407?

608 sqft (56.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 407 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 407, Hayat Boulevard 1B

Starts from the last sale price (AED 646K, 14 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 645,888
Deposit, UAE resident (20%)
AED 129,178
Deposit, non-resident (40%)
AED 258,355
Monthly over 25 years at 3.7%
AED 2,643

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