1-bed · 623 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

512, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 18 November 2025
Last soldAED 685K4 September 2018
Current rentAED 50K /yr18 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Hayat Boulevard 1B

What is 512 worth today?

Last sold for AED 684,888 in 2018

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18 Nov 2025RentedRenewal
AED 50,000/yr12 months · AED 81 per sqft
18 Nov 2024RentedRenewal
AED 45,000/yr12 months · AED 73 per sqft
18 Nov 2023RentedRenewal
AED 40,000/yr12 months · AED 65 per sqft
18 Nov 2022RentedRenewal
AED 35,000/yr12 months · AED 57 per sqft
18 Nov 2021RentedRenewal
AED 29,500/yr12 months · AED 48 per sqft
18 Nov 2020RentedNew contract
AED 28,500/yr12 months · AED 46 per sqft
4 Sep 2018Sold by developerOff-plan
AED 684,888AED 1,099 per sqft

Source: Dubai Land Department. Updated 18 November 2025.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
5th of 7
Parking
G-16
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 685K · September 2018

About 512, Hayat Boulevard 1B

512 is a one-bedroom apartment of 623 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 4 September 2018 for AED 684,888, or AED 1,099 per sqft, 10% above the AED 1,003 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 18 November 2025, is AED 50,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, September 2018: AED 684,888 (AED 1,099 per sqft)

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

Rents
Unit 512, 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, November 2020: AED 28,500 a yearRenewal, November 2021: AED 29,500 a yearRenewal, November 2022: AED 35,000 a yearRenewal, November 2023: AED 40,000 a yearRenewal, November 2024: AED 45,000 a yearRenewal, November 2025: AED 50,000 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 512 sits

All 79 1-beds →

512 last sold in September 2018 at AED 1,099 per sqft, 10% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 1,003). 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. 512's AED 50,000 is in the lower 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

512, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 4 September 2018 for AED 684,888, or AED 1,099 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 28,500 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 10,600 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 18 November 2025.

Questions about 512, Hayat Boulevard 1B

What did unit 512 last sell for?

AED 684,888 on 4 September 2018, sold by the developer: AED 1,099 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 50,000 a year on the contract renewed on 18 November 2025. The previous contract, from November 2024, was AED 45,000; the unit has been rented since November 2020.

How big is unit 512?

623 sqft (57.9 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 512 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 512, Hayat Boulevard 1B

Starts from the last sale price (AED 685K, 4 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 684,888
Deposit, UAE resident (20%)
AED 136,978
Deposit, non-resident (40%)
AED 273,955
Monthly over 25 years at 3.7%
AED 2,802

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