2-bed · 943 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

515, 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.

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Unit 515 · DLD and Ejari recordsUpdated 22 January 2025

Last soldAED 838K16 February 2017

Current rentAED 67K /yr22 January 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 515, Hayat Boulevard 1B

Today

What is 515 worth today?

Last sold for AED 837,888 in 2017

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22 Jan 2025

22 Jan 2025RentedRenewal

AED 66,675/yr12 months · AED 71 per sqft

22 Jan 2025

22 Jan 2025RentedRenewal

AED 66,675/yr12 months · AED 71 per sqft

22 Jan 2024

22 Jan 2024RentedRenewal

AED 63,000/yr12 months · AED 67 per sqft

22 Jan 2023

22 Jan 2023RentedNew contract

AED 63,000/yr12 months · AED 67 per sqft

9 Aug 2022

9 Aug 2022RentedNew contract

AED 55,000/yr12 months · AED 58 per sqft

20 Aug 2021

20 Aug 2021RentedRenewal

AED 40,000/yr12 months · AED 43 per sqft

20 Aug 2020

20 Aug 2020RentedNew contract

AED 40,000/yr12 months · AED 42 per sqft

16 Feb 2017

16 Feb 2017Sold by developerOff-plan

AED 837,888AED 888 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type: 2-bed apartment
Size: 943 sqft
Floor: 5th of 7
Parking: P-143
Developer: Nshmi Development
Completed: 2020
Service charge: AED 16,000 /yr
Last sold: AED 838K · February 2017
Building: Hayat Boulevard 1B

About 515, Hayat Boulevard 1B

515 is a two-bedroom apartment of 943 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 16 February 2017 for AED 837,888, or AED 888 per sqft, 5% below the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 22 January 2025, is AED 66,675 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 16,000 a year.

Sales and rents for 515 over time

Sales

Unit 515, each saleTypical two-bed in Hayat Boulevard 1B

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

Rents

Unit 515, each contractTypical two-bed in Hayat Boulevard 1B

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 515 sits

All 69 2-beds →

2-beds in Hayat Boulevard 1B · last 12 months1,247 /sqft Hayat Boulevard 1B · all types1,244 /sqft

515 last sold in February 2017 at AED 888 per sqft, 5% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 930). 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. 515's AED 66,675 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
21 Sep 202621 September 2026	1,573 sqft	1,350,000	858
25 Aug 202625 August 2026	901 sqft	1,140,000	1,265
14 Jul 202614 July 2026	935 sqft	1,250,000	1,337
13 Jul 202613 July 2026	887 sqft	1,100,000	1,240

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


501	2-bed	934 sqft	AED 1.1MAED 1,100,000 · Jan 2025January 2025	54,741 /yr
502	3-bed	1,414 sqft	AED 1.62MAED 1,615,000 · Oct 2026October 2026	96,802 /yr
503	1-bed	657 sqft	AED 669KAED 668,888 · Feb 2017February 2017	54,285 /yr
504	1-bed	604 sqft	AED 776KAED 775,888 · Aug 2025August 2025	65,000 /yr
505	1-bed	655 sqft	AED 658KAED 657,888 · Sep 2017September 2017	72,000 /yr
506	Studio	313 sqft	AED 305KAED 305,000 · Nov 2021November 2021	32,000 /yr
507	1-bed	608 sqft	AED 651KAED 650,888 · Jun 2019June 2019
508	1-bed	680 sqft	AED 696KAED 695,888 · Feb 2017February 2017	65,500 /yr
509	1-bed	744 sqft	AED 743KAED 742,888 · Apr 2017April 2017	52,325 /yr
510	2-bed	938 sqft	AED 970KAED 970,000 · Nov 2024November 2024	68,250 /yr
511	2-bed	878 sqft	AED 817KAED 816,888 · Feb 2017February 2017	67,200 /yr
512	1-bed	623 sqft	AED 685KAED 684,888 · Sep 2018September 2018	50,000 /yr
513	1-bed	623 sqft	AED 657KAED 656,888 · Dec 2017December 2017	55,000 /yr
514	2-bed	883 sqft	AED 1.17MAED 1,165,000 · Aug 2025August 2025
516	1-bed	744 sqft	AED 742KAED 741,888 · May 2017May 2017	70,000 /yr
517	1-bed	681 sqft	AED 683KAED 682,888 · Jan 2017January 2017	36,000 /yr
518	1-bed	608 sqft	AED 760KAED 760,000 · May 2025May 2025	55,000 /yr
519	Studio	312 sqft	AED 350KAED 350,000 · May 2023May 2023	33,600 /yr
520	1-bed	655 sqft	AED 627KAED 626,888 · Feb 2017February 2017	60,000 /yr
521	1-bed	603 sqft	AED 600KAED 599,888 · Jun 2017June 2017	51,000 /yr
522	1-bed	657 sqft	AED 636KAED 635,888 · Apr 2017April 2017	60,000 /yr
523	3-bed	1,415 sqft	AED 1.5MAED 1,500,000 · Jul 2024July 2024
524	2-bed	935 sqft	AED 850KAED 850,000 · Jan 2024January 2024	72,000 /yr
525	1-bed	580 sqft	AED 641KAED 640,888 · Jul 2020July 2020	53,000 /yr
526	2-bed	977 sqft	AED 905KAED 904,888 · Mar 2017March 2017	90,000 /yr
527	2-bed	1,088 sqft	AED 1.02MAED 1,018,888 · Feb 2017February 2017	86,000 /yr
528	2-bed	901 sqft	AED 1.09MAED 1,085,000 · Aug 2025August 2025	45,500 /yr
529	3-bed	1,376 sqft	AED 1.26MAED 1,258,888 · Sep 2017September 2017	125,006 /yr

1–7 of 28

515, Hayat Boulevard 1B in numbers

Sold once: by Nshmi Development on 16 February 2017 for AED 837,888, or AED 888 per sqft.
Rented since August 2020 on 7 Ejari contracts, from AED 40,000 to AED 66,675 a year.
At AED 66,675 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 16,000 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 22 January 2025.

Questions about 515, Hayat Boulevard 1B

What did unit 515 last sell for?

AED 837,888 on 16 February 2017, sold by the developer: AED 888 per sqft for 943 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 66,675 a year on the contract renewed on 22 January 2025. The previous contract, from January 2025, was AED 66,675; the unit has been rented since August 2020.

How big is unit 515?

943 sqft (87.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 515 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 515, Hayat Boulevard 1B

Starts from the last sale price (AED 838K, 16 February 2017). Switch to today's estimate once you have unlocked it.

Price: AED 837,888
Deposit, UAE resident (20%): AED 167,578
Deposit, non-resident (40%): AED 335,155
Monthly over 25 years at 3.7%: AED 3,428

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