1-bed · 679 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

408, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, 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 408 · DLD and Ejari recordsUpdated 5 August 2026

Last soldAED 709K24 November 2016

Current rentAED 53K /yr5 August 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 408, Hayat Boulevard 1B

Today

What is 408 worth today?

Last sold for AED 708,888 in 2016

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5 Aug 2026

5 Aug 2026RentedRenewal

AED 52,500/yr12 months · AED 77 per sqft

5 Aug 2025

5 Aug 2025RentedRenewal

AED 50,000/yr12 months · AED 74 per sqft

5 Aug 2024

5 Aug 2024RentedRenewal

AED 50,000/yr12 months · AED 74 per sqft

5 Aug 2023

5 Aug 2023RentedNew contract

AED 50,000/yr12 months · AED 74 per sqft

1 Sep 2022

1 Sep 2022RentedRenewal

AED 40,000/yr12 months · AED 59 per sqft

31 Jul 2021

31 Jul 2021RentedRenewal

AED 34,067/yr13 months · AED 50 per sqft

1 Aug 2020

1 Aug 2020RentedNew contract

AED 35,094/yr12 months · AED 52 per sqft

24 Nov 2016

24 Nov 2016Sold by developerOff-plan

AED 708,888AED 1,043 per sqft

Source: Dubai Land Department. Updated 5 August 2026.

Key facts

Type: 1-bed apartment
Size: 679 sqft
Floor: 4th of 7
Parking: G-23
Developer: Nshmi Development
Completed: 2020
Service charge: AED 11,500 /yr
Last sold: AED 709K · November 2016
Building: Hayat Boulevard 1B

About 408, Hayat Boulevard 1B

408 is a one-bedroom apartment of 679 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 24 November 2016 for AED 708,888, or AED 1,043 per sqft, 7% above the AED 974 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 52,500 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 408 over time

Sales

Unit 408, each saleTypical one-bed in Hayat Boulevard 1B

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

Rents

Unit 408, each contractTypical one-bed in Hayat Boulevard 1B

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 408 sits

All 79 1-beds →

1-beds in Hayat Boulevard 1B · last 12 months1,220 /sqft Hayat Boulevard 1B · all types1,244 /sqft

408 last sold in November 2016 at AED 1,043 per sqft, 7% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 974). 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. 408's AED 52,500 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
14 Oct 202614 October 2026	656 sqft	800,000	1,220
24 Aug 202624 August 2026	656 sqft	770,000	1,174
31 Mar 202631 March 2026	604 sqft	780,000	1,291
31 Aug 202531 August 2025	604 sqft	775,888	1,285

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


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
406	Studio	313 sqft	AED 430KAED 429,888 · Jan 2017January 2017	38,000 /yr
407	1-bed	608 sqft	AED 646KAED 645,888 · Sep 2020September 2020	60,000 /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

408, Hayat Boulevard 1B in numbers

Sold once: by Nshmi Development on 24 November 2016 for AED 708,888, or AED 1,043 per sqft.
Rented since August 2020 on 7 Ejari contracts, from AED 35,094 to AED 52,500 a year.
At AED 52,500 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 11,500 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 5 August 2026.

Questions about 408, Hayat Boulevard 1B

What did unit 408 last sell for?

AED 708,888 on 24 November 2016, sold by the developer: AED 1,043 per sqft for 679 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 52,500 a year on the contract renewed on 5 August 2026. The previous contract, from August 2025, was AED 50,000; the unit has been rented since August 2020.

How big is unit 408?

679 sqft (63.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 408 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 408, Hayat Boulevard 1B

Starts from the last sale price (AED 709K, 24 November 2016). Switch to today's estimate once you have unlocked it.

Price: AED 708,888
Deposit, UAE resident (20%): AED 141,778
Deposit, non-resident (40%): AED 283,555
Monthly over 25 years at 3.7%: AED 2,900

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