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Studio · 312 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

419, Hayat Boulevard 1B

Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 19 November 2024
Last soldAED 490K17 October 2024
Current rentAED 35K /yr19 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 419, Hayat Boulevard 1B

What is 419 worth today?

Last sold for AED 490,000 in 2024

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19 Nov 2024RentedNew contract
AED 35,000/yr12 months · AED 112 per sqft
17 Oct 2024SoldReady
AED 490,000AED 1,569 per sqft
23 Aug 2023SoldReady
AED 378,000AED 1,210 per sqft
25 Jul 2022RentedNew contract
AED 25,000/yr12 months · AED 80 per sqft
26 Jun 2021RentedRenewal
AED 20,000/yr12 months · AED 64 per sqft
26 Jun 2020RentedNew contract
AED 20,000/yr12 months · AED 64 per sqft
30 Jan 2017Sold by developerOff-plan
AED 410,888AED 1,315 per sqft

Source: Dubai Land Department. Updated 19 November 2024.

Key facts

Type
Studio apartment
Size
312 sqft
Floor
4th of 7
Parking
G-35
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 490K · October 2024
Building
Hayat Boulevard 1B

About 419, Hayat Boulevard 1B

419 is a studio of 312 sqft on the 4th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 17 October 2024 for AED 490,000, or AED 1,569 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 19 November 2024, is AED 35,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for 419 over time

Sales
Unit 419, each saleTypical studio in Hayat Boulevard 1B
400K500K2016201920222025Typical sale price by year: 2016 AED 419,888; 2017 AED 410,388; 2020 AED 359,888; 2021 AED 420,888; 2023 AED 364,000; 2024 AED 475,000; 2025 AED 500,000Sold by developer, January 2017: AED 410,888 (AED 1,315 per sqft)Sold, August 2023: AED 378,000 (AED 1,210 per sqft)Sold, October 2024: AED 490,000 (AED 1,569 per sqft)

419 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 419, each contractTypical studio in Hayat Boulevard 1B
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 32,000; 2025 AED 38,000; 2026 AED 37,000New contract, June 2020: AED 20,000 a yearRenewal, June 2021: AED 20,000 a yearNew contract, July 2022: AED 25,000 a yearNew contract, November 2024: AED 35,000 a year

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 419 sits

All 22 studios →

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. 419's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025525,000
2 Oct 2025500,000
17 Feb 2025495,000
19 Dec 2024460,000
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
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

419, Hayat Boulevard 1B in numbers

  • Sold 3 times: first on 30 January 2017 for AED 410,888, last on 17 October 2024 for AED 490,000 (AED 1,569 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 20,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2024 price is 7.1%, 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 19 November 2024.

Questions about 419, Hayat Boulevard 1B

What did unit 419 last sell for?

AED 490,000 on 17 October 2024: AED 1,569 per sqft for 312 sqft. The unit has 3 registered sales; the first was AED 410,888 in January 2017.

What is the rent for unit 419?

AED 35,000 a year on the contract signed on 19 November 2024. The previous contract, from July 2022, was AED 25,000; the unit has been rented since June 2020.

How big is unit 419?

312 sqft (29.0 sqm): a studio on the 4th floor of a 7-storey tower completed in 2020.

What is unit 419 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 419, Hayat Boulevard 1B

Starts from the last sale price (AED 490K, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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