2-bed · 935 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

424, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 7 July 2026
Last soldAED 795K5 October 2023
Current rentAED 82K /yr7 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Hayat Boulevard 1B

What is 424 worth today?

Last sold for AED 795,000 in 2023

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7 Jul 2026RentedNew contract
AED 82,000/yr12 months · AED 88 per sqft
1 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
1 Jul 2025RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
15 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
5 Oct 2023SoldReady
AED 795,000AED 850 per sqft
15 Sep 2023RentedRenewal
AED 49,469/yr8 months · AED 53 per sqft
15 Sep 2022RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
15 Sep 2021RentedRenewal
AED 43,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 7 July 2026.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
4th of 7
Parking
P-70
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 795K · October 2023

About 424, Hayat Boulevard 1B

424 is a two-bedroom apartment of 935 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 5 October 2023 for AED 795,000, or AED 850 per sqft, 3% below the AED 880 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 7 July 2026, is AED 82,000 a year: a gross yield of 10.3% on the 2023 price, before the service charge of about AED 15,900 a year.

Sales and rents for 424 over time

Sales
Unit 424, each saleTypical two-bed in Hayat Boulevard 1B
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 881,888; 2017 AED 881,888; 2020 AED 799,888; 2021 AED 900,888; 2022 AED 780,000; 2023 AED 845,000; 2024 AED 927,500; 2025 AED 1,100,000; 2026 AED 1,195,000Sold by developer, December 2017: AED 897,888 (AED 960 per sqft)Sold, October 2023: AED 795,000 (AED 850 per sqft)

424 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 424, each contractTypical two-bed in Hayat Boulevard 1B
40K60K80K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 82,000New contract, September 2020: AED 43,000 a yearRenewal, September 2021: AED 43,000 a yearRenewal, September 2022: AED 45,000 a yearRenewal, September 2023: AED 49,469 a yearNew contract, June 2024: AED 80,000 a yearNew contract, July 2025: AED 85,000 a yearNew contract, July 2025: AED 85,000 a yearNew contract, July 2026: AED 82,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Hayat Boulevard 1B, and where 424 sits

All 69 2-beds →

424 last sold in October 2023 at AED 850 per sqft, 3% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 880). Over the last 12 months two-beds sold for AED 1,100,000 to 1,350,000, around AED 1,247 per sqft, and rent for AED 45,500 to 100,000 a year. 424's AED 82,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,350,000
25 Aug 20261,140,000
14 Jul 20261,250,000
13 Jul 20261,100,000
7 2-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

424, Hayat Boulevard 1B in numbers

  • Sold twice: first on 6 December 2017 for AED 897,888, last on 5 October 2023 for AED 795,000 (AED 850 per sqft).
  • Rented since September 2020 on 8 Ejari contracts, from AED 43,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2023 price is 10.3%, before a service charge of about AED 15,900 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 1B sold for AED 1,100,000–1,350,000 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 July 2026.

Questions about 424, Hayat Boulevard 1B

What did unit 424 last sell for?

AED 795,000 on 5 October 2023: AED 850 per sqft for 935 sqft. The unit has 2 registered sales; the first was AED 897,888 in December 2017.

What is the rent for unit 424?

AED 82,000 a year on the contract signed on 7 July 2026. The previous contract, from July 2025, was AED 85,000; the unit has been rented since September 2020.

How big is unit 424?

935 sqft (86.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 424 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hayat Boulevard 1B sold for AED 1,100,000 to 1,350,000 in the last 12 months, around AED 1,247 per sqft.

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Mortgage on 424, Hayat Boulevard 1B

Starts from the last sale price (AED 795K, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 795,000
Deposit, UAE resident (20%)
AED 159,000
Deposit, non-resident (40%)
AED 318,000
Monthly over 25 years at 3.7%
AED 3,253

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