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1-bed · 694 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

412, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 12 July 2021
Last soldAED 621K8 January 2018
Current rentAED 31K /yr12 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Hayat Boulevard 1B

What is 412 worth today?

Last sold for AED 620,888 in 2018

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12 Jul 2021RentedNew contract
AED 31,000/yr12 months · AED 45 per sqft
12 Jul 2020RentedNew contract
AED 31,000/yr12 months · AED 45 per sqft
8 Jan 2018Sold by developerOff-plan
AED 620,888AED 894 per sqft

Source: Dubai Land Department. Updated 12 July 2021.

Key facts

Type
1-bed apartment
Size
694 sqft
Floor
4th of 7
Parking
G-25
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 621K · January 2018
Building
Hayat Boulevard 1B

About 412, Hayat Boulevard 1B

412 is a one-bedroom apartment of 694 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 8 January 2018 for AED 620,888, or AED 894 per sqft, 11% below the AED 1,001 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 12 July 2021, is AED 31,000 a year: a gross yield of 5.0% on the 2018 price, before the service charge of about AED 11,800 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, January 2018: AED 620,888 (AED 894 per sqft)

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

Rents
Unit 412, 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, July 2020: AED 31,000 a yearNew contract, July 2021: AED 31,000 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 412 sits

All 79 1-beds →

412 last sold in January 2018 at AED 894 per sqft, 11% below what one-beds in Hayat Boulevard 1B were fetching at the time (AED 1,001). 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. 412's AED 31,000 is at the bottom 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
4071-bedAED 646K · Sep 2020
1–7 of 28

412, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 8 January 2018 for AED 620,888, or AED 894 per sqft.
  • Rented since July 2020 on 2 Ejari contracts, at AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2018 price is 5.0%, before a service charge of about AED 11,800 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 12 July 2021.

Questions about 412, Hayat Boulevard 1B

What did unit 412 last sell for?

AED 620,888 on 8 January 2018, sold by the developer: AED 894 per sqft for 694 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 31,000 a year on the contract signed on 12 July 2021. The previous contract, from July 2020, was AED 31,000.

How big is unit 412?

694 sqft (64.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 412 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 412, Hayat Boulevard 1B

Starts from the last sale price (AED 621K, 8 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 620,888
Deposit, UAE resident (20%)
AED 124,178
Deposit, non-resident (40%)
AED 248,355
Monthly over 25 years at 3.7%
AED 2,540

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