1-bed · 657 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

422, 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.

Unit 422 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 647K17 November 2016
Current rentAED 55K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Hayat Boulevard 1B

What is 422 worth today?

Last sold for AED 646,888 in 2016

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1 Jun 2026RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
1 Jun 2025RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
1 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
6 Sep 2023RentedNew contract
AED 38,640/yr12 months · AED 59 per sqft
5 Sep 2022RentedNew contract
AED 33,507/yr12 months · AED 51 per sqft
1 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
25 Jul 2020RentedNew contract
AED 32,000/yr13 months · AED 49 per sqft
17 Nov 2016Sold by developerOff-plan
AED 646,888AED 984 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
4th of 7
Parking
G-39
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,100 /yr
Last sold
AED 647K · November 2016

About 422, Hayat Boulevard 1B

422 is a one-bedroom apartment of 657 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 17 November 2016 for AED 646,888, or AED 984 per sqft, in line with the AED 972 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 June 2026, is AED 55,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 11,100 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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, November 2016: AED 646,888 (AED 984 per sqft)

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

Rents
Unit 422, 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 32,000 a yearNew contract, September 2021: AED 28,000 a yearNew contract, September 2022: AED 33,507 a yearNew contract, September 2023: AED 38,640 a yearNew contract, June 2024: AED 55,000 a yearNew contract, June 2025: AED 55,000 a yearNew contract, June 2026: AED 55,000 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 422 sits

All 79 1-beds →

422 last sold in November 2016 at AED 984 per sqft, in line with what one-beds in Hayat Boulevard 1B were fetching at the time (AED 972). 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. 422's AED 55,000 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
4071-bedAED 646K · Sep 2020
1–7 of 28

422, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 646,888, or AED 984 per sqft.
  • Rented since July 2020 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2021 and recovered to AED 55,000 by June 2026.
  • At AED 55,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 11,100 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 1 June 2026.

Questions about 422, Hayat Boulevard 1B

What did unit 422 last sell for?

AED 646,888 on 17 November 2016, sold by the developer: AED 984 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 422?

AED 55,000 a year on the contract signed on 1 June 2026. The previous contract, from June 2025, was AED 55,000; the unit has been rented since July 2020.

How big is unit 422?

657 sqft (61.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 422 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 422, Hayat Boulevard 1B

Starts from the last sale price (AED 647K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 646,888
Deposit, UAE resident (20%)
AED 129,378
Deposit, non-resident (40%)
AED 258,755
Monthly over 25 years at 3.7%
AED 2,647

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