2-bed · 938 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

510, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 970K1 November 2024
Current rentAED 68K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Hayat Boulevard 1B

What is 510 worth today?

Last sold for AED 970,000 in 2024

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10 Jan 2025RentedRenewal
AED 68,250/yr12 months · AED 73 per sqft
1 Nov 2024SoldReady
AED 970,000AED 1,034 per sqft
10 Jan 2024RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
10 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
15 Sep 2021RentedRenewal
AED 40,000/yr12 months · AED 43 per sqft
15 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
4 Aug 2020Sold by developerReady
AED 796,888AED 849 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
2-bed apartment
Size
938 sqft
Floor
5th of 7
Parking
P-151
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 970K · November 2024

About 510, Hayat Boulevard 1B

510 is a two-bedroom apartment of 938 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 1 November 2024 for AED 970,000, or AED 1,034 per sqft, 12% above the AED 923 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 10 January 2025, is AED 68,250 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 15,900 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, August 2020: AED 796,888 (AED 849 per sqft)Sold, November 2024: AED 970,000 (AED 1,034 per sqft)

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

Rents
Unit 510, 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 40,000 a yearRenewal, September 2021: AED 40,000 a yearNew contract, January 2023: AED 65,000 a yearRenewal, January 2024: AED 65,000 a yearRenewal, January 2025: AED 68,250 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 510 sits

All 69 2-beds →

510 last sold in November 2024 at AED 1,034 per sqft, 12% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 923). 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. 510's AED 68,250 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
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

510, Hayat Boulevard 1B in numbers

  • Sold twice: first on 4 August 2020 for AED 796,888, last on 1 November 2024 for AED 970,000 (AED 1,034 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 40,000 to AED 68,250 a year.
  • At AED 68,250 a year the gross yield on the 2024 price is 7.0%, 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 10 January 2025.

Questions about 510, Hayat Boulevard 1B

What did unit 510 last sell for?

AED 970,000 on 1 November 2024: AED 1,034 per sqft for 938 sqft. The unit has 2 registered sales; the first was AED 796,888 in August 2020.

What is the rent for unit 510?

AED 68,250 a year on the contract renewed on 10 January 2025. The previous contract, from January 2024, was AED 65,000; the unit has been rented since September 2020.

How big is unit 510?

938 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 510 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 510, Hayat Boulevard 1B

Starts from the last sale price (AED 970K, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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