1-bed · 744 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

416, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in March 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 7 May 2026
Last soldAED 731K13 March 2017
Current rentAED 65K /yr7 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Hayat Boulevard 1B

What is 416 worth today?

Last sold for AED 730,888 in 2017

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7 May 2026RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
17 Mar 2025RentedRenewal
AED 64,000/yr12 months · AED 86 per sqft
17 Mar 2025RentedRenewal
AED 64,000/yr12 months · AED 86 per sqft
17 Mar 2024RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
6 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
1 Feb 2022RentedRenewal
AED 35,000/yr12 months · AED 47 per sqft
1 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 47 per sqft
13 Mar 2017Sold by developerOff-plan
AED 730,888AED 982 per sqft

Source: Dubai Land Department. Updated 7 May 2026.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
4th of 7
Parking
G-32
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 731K · March 2017

About 416, Hayat Boulevard 1B

416 is a one-bedroom apartment of 744 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 13 March 2017 for AED 730,888, or AED 982 per sqft, in line with the AED 979 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 7 May 2026, is AED 65,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 12,600 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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, March 2017: AED 730,888 (AED 982 per sqft)

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

Rents
Unit 416, 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, February 2021: AED 35,000 a yearRenewal, February 2022: AED 35,000 a yearNew contract, February 2023: AED 50,000 a yearNew contract, March 2024: AED 60,000 a yearRenewal, March 2025: AED 64,000 a yearRenewal, March 2025: AED 64,000 a yearNew contract, May 2026: AED 65,000 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 416 sits

All 79 1-beds →

416 last sold in March 2017 at AED 982 per sqft, in line with what one-beds in Hayat Boulevard 1B were fetching at the time (AED 979). 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. 416's AED 65,000 is in the upper 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
4071-bedAED 646K · Sep 2020
1–7 of 28

416, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 13 March 2017 for AED 730,888, or AED 982 per sqft.
  • Rented since February 2021 on 7 Ejari contracts, from AED 35,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 12,600 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 7 May 2026.

Questions about 416, Hayat Boulevard 1B

What did unit 416 last sell for?

AED 730,888 on 13 March 2017, sold by the developer: AED 982 per sqft for 744 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 65,000 a year on the contract signed on 7 May 2026. The previous contract, from March 2025, was AED 64,000; the unit has been rented since February 2021.

How big is unit 416?

744 sqft (69.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 416 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 416, Hayat Boulevard 1B

Starts from the last sale price (AED 731K, 13 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 730,888
Deposit, UAE resident (20%)
AED 146,178
Deposit, non-resident (40%)
AED 292,355
Monthly over 25 years at 3.7%
AED 2,990

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