2-bed · 934 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

501, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 1.1M22 January 2025
Current rentAED 55K /yr11 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Hayat Boulevard 1B

What is 501 worth today?

Last sold for AED 1,100,000 in 2025

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22 Jan 2025SoldReady
AED 1,100,000AED 1,178 per sqft
11 Aug 2024RentedRenewal
AED 54,741/yr3 months · AED 59 per sqft
11 Aug 2023RentedRenewal
AED 54,450/yr12 months · AED 59 per sqft
11 Aug 2022RentedRenewal
AED 49,500/yr12 months · AED 53 per sqft
11 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
26 Jul 2020RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
20 Feb 2017Sold by developerOff-plan
AED 909,888AED 974 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
5th of 7
Parking
P-150
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,800 /yr
Last sold
AED 1.1M · January 2025

About 501, Hayat Boulevard 1B

501 is a two-bedroom apartment of 934 sqft on the 5th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 22 January 2025 for AED 1,100,000, or AED 1,178 per sqft, 17% above the AED 1,011 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 11 August 2024, is AED 54,741 a year: a gross yield of 5.0% on the 2025 price, before the service charge of about AED 15,800 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, February 2017: AED 909,888 (AED 974 per sqft)Sold, January 2025: AED 1,100,000 (AED 1,178 per sqft)

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

Rents
Unit 501, 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 48,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 49,500 a yearRenewal, August 2023: AED 54,450 a yearRenewal, August 2024: AED 54,741 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 501 sits

All 69 2-beds →

501 last sold in January 2025 at AED 1,178 per sqft, 17% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 1,011). 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. 501's AED 54,741 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 5th floor

All 195 units in Hayat Boulevard 1B
Value
5023-bedAED 1.62M · Oct 2026
5031-bedAED 669K · Feb 2017
5041-bedAED 776K · Aug 2025
5051-bedAED 658K · Sep 2017
506StudioAED 305K · Nov 2021
5071-bedAED 651K · Jun 2019
5081-bedAED 696K · Feb 2017
1–7 of 28

501, Hayat Boulevard 1B in numbers

  • Sold twice: first on 20 February 2017 for AED 909,888, last on 22 January 2025 for AED 1,100,000 (AED 1,178 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 48,000 to AED 54,741 a year.
  • At AED 54,741 a year the gross yield on the 2025 price is 5.0%, before a service charge of about AED 15,800 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 22 January 2025.

Questions about 501, Hayat Boulevard 1B

What did unit 501 last sell for?

AED 1,100,000 on 22 January 2025: AED 1,178 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 909,888 in February 2017.

What is the rent for unit 501?

AED 54,741 a year on the contract renewed on 11 August 2024. The previous contract, from August 2023, was AED 54,450; the unit has been rented since July 2020.

How big is unit 501?

934 sqft (86.8 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 501 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 501, Hayat Boulevard 1B

Starts from the last sale price (AED 1.1M, 22 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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