423, Hayat Boulevard 1B
Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 423, Hayat Boulevard 1B
What is 423 worth today?
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Source: Dubai Land Department. Updated 4 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,415 sqft
- Floor
- 4th of 7
- Parking
- P-89
- Developer
- Nshmi Development
- Completed
- 2020
- Service charge
- AED 24,000 /yr
- Last sold
- AED 1.28M · September 2017
- Building
- Hayat Boulevard 1B
About 423, Hayat Boulevard 1B
423 is a three-bedroom apartment of 1,415 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 20 September 2017 for AED 1,276,888, or AED 902 per sqft, 3% above the AED 875 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 4 August 2026, is AED 115,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 24,000 a year.
Sales and rents for 423 over time
423 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Hayat Boulevard 1B, and where 423 sits
All 23 3-beds →423 last sold in September 2017 at AED 902 per sqft, 3% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 875). Over the last 12 months three-beds sold for AED 1,615,000, around AED 1,142 per sqft, and rent for AED 96,802 to 125,006 a year. 423's AED 115,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,414 sqft | 1,615,000 | 1,142 | ||
| 28 Oct 202428 October 2024 | 1,454 sqft | 1,550,000 | 1,066 | ||
| 17 Oct 202417 October 2024 | 2,409 sqft | 1,775,000 | 736 | ||
| 24 Jul 202424 July 2024 | 1,515 sqft | 1,400,000 | 924 |
Hayat Boulevard 1B
Building195 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%
Other units on the 4th floor
All 195 units in Hayat Boulevard 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 408 | 1-bed | 679 sqft | AED 709KAED 708,888 · Nov 2016November 2016 | 52,500 /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 | |
| 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 |
423, Hayat Boulevard 1B in numbers
- Sold once: by Nshmi Development on 20 September 2017 for AED 1,276,888, or AED 902 per sqft.
- Rented since August 2020 on 8 Ejari contracts, from AED 65,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 24,000 a year (AED 16.97 per sqft).
- Three-beds in Hayat Boulevard 1B sold for AED 1,615,000–1,615,000 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 4 August 2026.
Questions about 423, Hayat Boulevard 1B
What did unit 423 last sell for?
AED 1,276,888 on 20 September 2017, sold by the developer: AED 902 per sqft for 1,415 sqft. It is the only registered sale of the unit.
What is the rent for unit 423?
AED 115,000 a year on the contract renewed on 4 August 2026. The previous contract, from August 2025, was AED 115,000; the unit has been rented since August 2020.
How big is unit 423?
1,415 sqft (131.5 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.
What is unit 423 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 1B sold for AED 1,615,000 to 1,615,000 in the last 12 months, around AED 1,142 per sqft.
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Mortgage on 423, Hayat Boulevard 1B
Starts from the last sale price (AED 1.28M, 20 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,276,888
- Deposit, UAE resident (20%)
- AED 255,378
- Deposit, non-resident (40%)
- AED 510,755
- Monthly over 25 years at 3.7%
- AED 5,224
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →