1-bed · 680 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

508, Hayat Boulevard 1B

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

Unit 508 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 696K14 February 2017
Current rentAED 66K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Hayat Boulevard 1B

What is 508 worth today?

Last sold for AED 695,888 in 2017

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1 Oct 2026RentedRenewal
AED 65,500/yr12 months · AED 96 per sqft
1 Oct 2025RentedNew contract
AED 65,500/yr12 months · AED 96 per sqft
17 Sep 2024RentedRenewal
AED 57,500/yr12 months · AED 85 per sqft
17 Sep 2023RentedNew contract
AED 54,000/yr12 months · AED 80 per sqft
1 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 53 per sqft
1 Sep 2020RentedNew contract
AED 34,000/yr12 months · AED 50 per sqft
14 Feb 2017Sold by developerOff-plan
AED 695,888AED 1,023 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
680 sqft
Floor
5th of 7
Parking
G-69
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,500 /yr
Last sold
AED 696K · February 2017

About 508, Hayat Boulevard 1B

508 is a one-bedroom apartment of 680 sqft on the 5th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 14 February 2017 for AED 695,888, or AED 1,023 per sqft, 5% above the AED 975 one-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 October 2026, is AED 65,500 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 11,500 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Hayat Boulevard 1B
600K800K2016201920222025Typical sale price by year: 2016 AED 647,888; 2017 AED 657,888; 2018 AED 652,888; 2020 AED 628,888; 2021 AED 475,000; 2023 AED 547,500; 2024 AED 670,000; 2025 AED 767,500; 2026 AED 780,000Sold by developer, February 2017: AED 695,888 (AED 1,023 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Hayat Boulevard 1B
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,900; 2024 AED 55,000; 2025 AED 59,500; 2026 AED 60,000New contract, September 2020: AED 34,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, September 2023: AED 54,000 a yearRenewal, September 2024: AED 57,500 a yearNew contract, October 2025: AED 65,500 a yearRenewal, October 2026: AED 65,500 a year

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

1-beds in Hayat Boulevard 1B, and where 508 sits

All 79 1-beds →

508 last sold in February 2017 at AED 1,023 per sqft, 5% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 975). Over the last 12 months one-beds sold for AED 770,000 to 800,000, around AED 1,220 per sqft, and rent for AED 47,000 to 77,500 a year. 508's AED 65,500 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026800,000
24 Aug 2026770,000
31 Mar 2026780,000
31 Aug 2025775,888
3 1-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
5012-bedAED 1.1M · Jan 2025
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
1–7 of 28

508, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 14 February 2017 for AED 695,888, or AED 1,023 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 34,000 to AED 65,500 a year.
  • At AED 65,500 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 11,500 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1B sold for AED 770,000–800,000 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 October 2026.

Questions about 508, Hayat Boulevard 1B

What did unit 508 last sell for?

AED 695,888 on 14 February 2017, sold by the developer: AED 1,023 per sqft for 680 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 65,500 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 65,500; the unit has been rented since September 2020.

How big is unit 508?

680 sqft (63.2 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1B sold for AED 770,000 to 800,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 508, Hayat Boulevard 1B

Starts from the last sale price (AED 696K, 14 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 695,888
Deposit, UAE resident (20%)
AED 139,178
Deposit, non-resident (40%)
AED 278,355
Monthly over 25 years at 3.7%
AED 2,847

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