Studio · 313 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

506, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in November 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 506 · DLD and Ejari recordsUpdated 20 October 2026

Last soldAED 305K29 November 2021

Current rentAED 32K /yr20 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 506, Hayat Boulevard 1B

Today

What is 506 worth today?

Last sold for AED 305,000 in 2021

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20 Oct 2026

20 Oct 2026RentedRenewal

AED 32,000/yr12 months · AED 103 per sqft

20 Oct 2025

20 Oct 2025RentedRenewal

AED 32,000/yr12 months · AED 103 per sqft

20 Oct 2024

20 Oct 2024RentedNew contract

AED 32,000/yr12 months · AED 103 per sqft

7 Oct 2023

7 Oct 2023RentedRenewal

AED 25,000/yr12 months · AED 80 per sqft

7 Oct 2022

7 Oct 2022RentedNew contract

AED 23,000/yr12 months · AED 74 per sqft

29 Nov 2021

29 Nov 2021SoldReady

AED 305,000AED 975 per sqft

4 Jul 2021

4 Jul 2021RentedNew contract

AED 20,000/yr12 months · AED 64 per sqft

19 Nov 2020

19 Nov 2020RentedNew contract

AED 20,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type: Studio apartment
Size: 313 sqft
Floor: 5th of 7
Parking: G-67
Developer: Nshmi Development
Completed: 2020
Service charge: AED 5,300 /yr
Last sold: AED 305K · November 2021
Building: Hayat Boulevard 1B

About 506, Hayat Boulevard 1B

506 is a studio of 313 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 29 November 2021 for AED 305,000, or AED 975 per sqft, 14% below the AED 1,137 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 October 2026, is AED 32,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 5,300 a year.

Sales and rents for 506 over time

Sales

Unit 506, each saleTypical studio in Hayat Boulevard 1B

506 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 506, each contractTypical studio in Hayat Boulevard 1B

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

Studios in Hayat Boulevard 1B, and where 506 sits

All 22 studios →

Studios in Hayat Boulevard 1B · last 12 months1,678 /sqft Hayat Boulevard 1B · all types1,244 /sqft

506 last sold in November 2021 at AED 975 per sqft, 14% below what studios in Hayat Boulevard 1B were fetching at the time (AED 1,137). Over the last 12 months studios sold for AED 525,000, around AED 1,678 per sqft, and rent for AED 30,000 to 43,000 a year. 506's AED 32,000 is in the lower half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
11 Dec 202511 December 2025	313 sqft	525,000	1,678
2 Oct 20252 October 2025	312 sqft	500,000	1,600
17 Feb 202517 February 2025	326 sqft	495,000	1,517
19 Dec 202419 December 2024	314 sqft	460,000	1,463

1 studio sale 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


501	2-bed	934 sqft	AED 1.1MAED 1,100,000 · Jan 2025January 2025	54,741 /yr
502	3-bed	1,414 sqft	AED 1.62MAED 1,615,000 · Oct 2026October 2026	96,802 /yr
503	1-bed	657 sqft	AED 669KAED 668,888 · Feb 2017February 2017	54,285 /yr
504	1-bed	604 sqft	AED 776KAED 775,888 · Aug 2025August 2025	65,000 /yr
505	1-bed	655 sqft	AED 658KAED 657,888 · Sep 2017September 2017	72,000 /yr
507	1-bed	608 sqft	AED 651KAED 650,888 · Jun 2019June 2019
508	1-bed	680 sqft	AED 696KAED 695,888 · Feb 2017February 2017	65,500 /yr
509	1-bed	744 sqft	AED 743KAED 742,888 · Apr 2017April 2017	52,325 /yr
510	2-bed	938 sqft	AED 970KAED 970,000 · Nov 2024November 2024	68,250 /yr
511	2-bed	878 sqft	AED 817KAED 816,888 · Feb 2017February 2017	67,200 /yr
512	1-bed	623 sqft	AED 685KAED 684,888 · Sep 2018September 2018	50,000 /yr
513	1-bed	623 sqft	AED 657KAED 656,888 · Dec 2017December 2017	55,000 /yr
514	2-bed	883 sqft	AED 1.17MAED 1,165,000 · Aug 2025August 2025
515	2-bed	943 sqft	AED 838KAED 837,888 · Feb 2017February 2017	66,675 /yr
516	1-bed	744 sqft	AED 742KAED 741,888 · May 2017May 2017	70,000 /yr
517	1-bed	681 sqft	AED 683KAED 682,888 · Jan 2017January 2017	36,000 /yr
518	1-bed	608 sqft	AED 760KAED 760,000 · May 2025May 2025	55,000 /yr
519	Studio	312 sqft	AED 350KAED 350,000 · May 2023May 2023	33,600 /yr
520	1-bed	655 sqft	AED 627KAED 626,888 · Feb 2017February 2017	60,000 /yr
521	1-bed	603 sqft	AED 600KAED 599,888 · Jun 2017June 2017	51,000 /yr
522	1-bed	657 sqft	AED 636KAED 635,888 · Apr 2017April 2017	60,000 /yr
523	3-bed	1,415 sqft	AED 1.5MAED 1,500,000 · Jul 2024July 2024
524	2-bed	935 sqft	AED 850KAED 850,000 · Jan 2024January 2024	72,000 /yr
525	1-bed	580 sqft	AED 641KAED 640,888 · Jul 2020July 2020	53,000 /yr
526	2-bed	977 sqft	AED 905KAED 904,888 · Mar 2017March 2017	90,000 /yr
527	2-bed	1,088 sqft	AED 1.02MAED 1,018,888 · Feb 2017February 2017	86,000 /yr
528	2-bed	901 sqft	AED 1.09MAED 1,085,000 · Aug 2025August 2025	45,500 /yr
529	3-bed	1,376 sqft	AED 1.26MAED 1,258,888 · Sep 2017September 2017	125,006 /yr

1–7 of 28

506, Hayat Boulevard 1B in numbers

Sold twice: first on 30 January 2017 for AED 427,888, last on 29 November 2021 for AED 305,000 (AED 975 per sqft).
Rented since November 2020 on 7 Ejari contracts, from AED 20,000 to AED 32,000 a year.
At AED 32,000 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).
Studios in Hayat Boulevard 1B sold for AED 525,000–525,000 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 20 October 2026.

Questions about 506, Hayat Boulevard 1B

What did unit 506 last sell for?

AED 305,000 on 29 November 2021: AED 975 per sqft for 313 sqft. The unit has 2 registered sales; the first was AED 427,888 in January 2017.

What is the rent for unit 506?

AED 32,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 32,000; the unit has been rented since November 2020.

How big is unit 506?

313 sqft (29.1 sqm): a studio on the 5th floor of a 7-storey tower completed in 2020.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1B sold for AED 525,000 to 525,000 in the last 12 months, around AED 1,678 per sqft.

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Mortgage on 506, Hayat Boulevard 1B

Starts from the last sale price (AED 305K, 29 November 2021). Switch to today's estimate once you have unlocked it.

Price: AED 305,000
Deposit, UAE resident (20%): AED 61,000
Deposit, non-resident (40%): AED 122,000
Monthly over 25 years at 3.7%: AED 1,248

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