2-bed · 1,089 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

427, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 427 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1M19 January 2017
Current rentAED 61K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 427, Hayat Boulevard 1B

What is 427 worth today?

Last sold for AED 1,004,888 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2025RentedRenewal
AED 61,330/yr6 months · AED 56 per sqft
1 Jul 2024RentedRenewal
AED 61,000/yr12 months · AED 56 per sqft
1 Jul 2023RentedRenewal
AED 55,000/yr12 months · AED 51 per sqft
1 Jul 2022RentedRenewal
AED 50,000/yr12 months · AED 46 per sqft
1 Jul 2021RentedRenewal
AED 50,000/yr12 months · AED 46 per sqft
1 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 41 per sqft
19 Jan 2017Sold by developerOff-plan
AED 1,004,888AED 923 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,089 sqft
Floor
4th of 7
Parking
P-72
Developer
Nshmi Development
Completed
2020
Service charge
AED 18,500 /yr
Last sold
AED 1M · January 2017

About 427, Hayat Boulevard 1B

427 is a two-bedroom apartment of 1,089 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 19 January 2017 for AED 1,004,888, or AED 923 per sqft, in line with the AED 931 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 61,330 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 18,500 a year.

Sales and rents for 427 over time

Sales
Unit 427, 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, January 2017: AED 1,004,888 (AED 923 per sqft)

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

Rents
Unit 427, 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, July 2020: AED 45,000 a yearRenewal, July 2021: AED 50,000 a yearRenewal, July 2022: AED 50,000 a yearRenewal, July 2023: AED 55,000 a yearRenewal, July 2024: AED 61,000 a yearRenewal, July 2025: AED 61,330 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 427 sits

All 69 2-beds →

427 last sold in January 2017 at AED 923 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 931). 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. 427's AED 61,330 is in the lower 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

427, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 19 January 2017 for AED 1,004,888, or AED 923 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 45,000 to AED 61,330 a year.
  • At AED 61,330 a year the gross yield on the 2017 price is 6.1%, before a service charge of about AED 18,500 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 1 July 2025.

Questions about 427, Hayat Boulevard 1B

What did unit 427 last sell for?

AED 1,004,888 on 19 January 2017, sold by the developer: AED 923 per sqft for 1,089 sqft. It is the only registered sale of the unit.

What is the rent for unit 427?

AED 61,330 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 61,000; the unit has been rented since July 2020.

How big is unit 427?

1,089 sqft (101.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 427 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.

Selling 427? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 427, Hayat Boulevard 1B

Starts from the last sale price (AED 1M, 19 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,004,888
Deposit, UAE resident (20%)
AED 200,978
Deposit, non-resident (40%)
AED 401,955
Monthly over 25 years at 3.7%
AED 4,111

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