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

513, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 657K11 December 2017
Current rentAED 55K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Hayat Boulevard 1B

What is 513 worth today?

Last sold for AED 656,888 in 2017

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1 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
2 Feb 2026RentedRenewal
AED 48,915/yr12 months · AED 78 per sqft
2 Feb 2025RentedRenewal
AED 46,585/yr12 months · AED 75 per sqft
2 Feb 2024RentedRenewal
AED 42,350/yr12 months · AED 68 per sqft
2 Feb 2023RentedNew contract
AED 38,500/yr12 months · AED 62 per sqft
2 Feb 2022RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
1 Jan 2021RentedNew contract
AED 32,000/yr12 months · AED 51 per sqft
11 Dec 2017Sold by developerOff-plan
AED 656,888AED 1,054 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
5th of 7
Parking
G-17
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 657K · December 2017

About 513, Hayat Boulevard 1B

513 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 11 December 2017 for AED 656,888, or AED 1,054 per sqft, 5% above the AED 1,002 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 55,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, December 2017: AED 656,888 (AED 1,054 per sqft)

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

Rents
Unit 513, 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, January 2021: AED 32,000 a yearNew contract, February 2022: AED 35,000 a yearNew contract, February 2023: AED 38,500 a yearRenewal, February 2024: AED 42,350 a yearRenewal, February 2025: AED 46,585 a yearRenewal, February 2026: AED 48,915 a yearNew contract, July 2026: AED 55,000 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 513 sits

All 79 1-beds →

513 last sold in December 2017 at AED 1,054 per sqft, 5% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 1,002). 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. 513's AED 55,000 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

513, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 11 December 2017 for AED 656,888, or AED 1,054 per sqft.
  • Rented since January 2021 on 7 Ejari contracts, from AED 32,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2017 price is 8.4%, 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 1 July 2026.

Questions about 513, Hayat Boulevard 1B

What did unit 513 last sell for?

AED 656,888 on 11 December 2017, sold by the developer: AED 1,054 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 55,000 a year on the contract signed on 1 July 2026. The previous contract, from February 2026, was AED 48,915; the unit has been rented since January 2021.

How big is unit 513?

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

What is unit 513 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 513, Hayat Boulevard 1B

Starts from the last sale price (AED 657K, 11 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 656,888
Deposit, UAE resident (20%)
AED 131,378
Deposit, non-resident (40%)
AED 262,755
Monthly over 25 years at 3.7%
AED 2,688

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