2-bed · 878 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

511, 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 511 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 817K9 February 2017
Current rentAED 85K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Hayat Boulevard 1B

What is 511 worth today?

Last sold for AED 816,888 in 2017

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1 Aug 2026RentedRenewal
AED 85,000/yr12 months · AED 96 per sqft
1 Aug 2026RentedRenewal
AED 67,200/yr12 months · AED 76 per sqft
1 Aug 2025RentedRenewal
AED 64,000/yr12 months · AED 73 per sqft
1 Aug 2025RentedRenewal
AED 64,000/yr12 months · AED 73 per sqft
1 Aug 2024RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
1 Aug 2023RentedRenewal
AED 51,000/yr12 months · AED 58 per sqft
1 Aug 2022RentedRenewal
AED 46,000/yr12 months · AED 52 per sqft
1 Aug 2021RentedRenewal
AED 43,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
878 sqft
Floor
5th of 7
Parking
P-152
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 817K · February 2017

About 511, Hayat Boulevard 1B

511 is a two-bedroom apartment of 878 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 9 February 2017 for AED 816,888, or AED 930 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 9 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 85,000 a year: a gross yield of 10.4% on the 2017 price, before the service charge of about AED 14,900 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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 816,888 (AED 930 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Hayat Boulevard 1B
50K75K2020202220242026Typical 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, August 2020: AED 40,000 a yearRenewal, August 2021: AED 43,000 a yearRenewal, August 2022: AED 46,000 a yearRenewal, August 2023: AED 51,000 a yearRenewal, August 2024: AED 60,000 a yearRenewal, August 2025: AED 64,000 a yearRenewal, August 2025: AED 64,000 a yearRenewal, August 2026: AED 85,000 a yearRenewal, August 2026: AED 67,200 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 511 sits

All 69 2-beds →

511 last sold in February 2017 at AED 930 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. 511's AED 85,000 is in the upper 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

511, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 9 February 2017 for AED 816,888, or AED 930 per sqft.
  • Rented since August 2020 on 9 Ejari contracts, from AED 40,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2017 price is 10.4%, before a service charge of about AED 14,900 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 1 August 2026.

Questions about 511, Hayat Boulevard 1B

What did unit 511 last sell for?

AED 816,888 on 9 February 2017, sold by the developer: AED 930 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 85,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2026, was AED 67,200; the unit has been rented since August 2020.

How big is unit 511?

878 sqft (81.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 511 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 511, Hayat Boulevard 1B

Starts from the last sale price (AED 817K, 9 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 816,888
Deposit, UAE resident (20%)
AED 163,378
Deposit, non-resident (40%)
AED 326,755
Monthly over 25 years at 3.7%
AED 3,342

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