1-bed · 744 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

516, Hayat Boulevard 1B

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

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Unit 516 · DLD and Ejari recordsUpdated 27 February 2026

Last soldAED 742K10 May 2017

Current rentAED 70K /yr27 February 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 516, Hayat Boulevard 1B

Today

What is 516 worth today?

Last sold for AED 741,888 in 2017

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27 Feb 2026

27 Feb 2026RentedNew contract

AED 70,000/yr12 months · AED 94 per sqft

8 Feb 2025

8 Feb 2025RentedNew contract

AED 65,000/yr12 months · AED 87 per sqft

6 Feb 2024

6 Feb 2024RentedRenewal

AED 44,000/yr12 months · AED 59 per sqft

6 Feb 2023

6 Feb 2023RentedRenewal

AED 40,700/yr12 months · AED 55 per sqft

6 Feb 2022

6 Feb 2022RentedRenewal

AED 37,000/yr12 months · AED 50 per sqft

6 Feb 2021

6 Feb 2021RentedNew contract

AED 35,000/yr12 months · AED 47 per sqft

10 May 2017

10 May 2017Sold by developerOff-plan

AED 741,888AED 997 per sqft

Source: Dubai Land Department. Updated 27 February 2026.

Key facts

Type: 1-bed apartment
Size: 744 sqft
Floor: 5th of 7
Parking: G-81
Developer: Nshmi Development
Completed: 2020
Service charge: AED 12,600 /yr
Last sold: AED 742K · May 2017
Building: Hayat Boulevard 1B

About 516, Hayat Boulevard 1B

516 is a one-bedroom apartment of 744 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 10 May 2017 for AED 741,888, or AED 997 per sqft, in line with the AED 983 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 27 February 2026, is AED 70,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 12,600 a year.

Sales and rents for 516 over time

Sales

Unit 516, each saleTypical one-bed in Hayat Boulevard 1B

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

Rents

Unit 516, each contractTypical one-bed in Hayat Boulevard 1B

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 516 sits

All 79 1-beds →

1-beds in Hayat Boulevard 1B · last 12 months1,220 /sqft Hayat Boulevard 1B · all types1,244 /sqft

516 last sold in May 2017 at AED 997 per sqft, in line with what one-beds in Hayat Boulevard 1B were fetching at the time (AED 983). 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. 516's AED 70,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
14 Oct 202614 October 2026	656 sqft	800,000	1,220
24 Aug 202624 August 2026	656 sqft	770,000	1,174
31 Mar 202631 March 2026	604 sqft	780,000	1,291
31 Aug 202531 August 2025	604 sqft	775,888	1,285

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


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
515	2-bed	943 sqft	AED 838KAED 837,888 · Feb 2017February 2017	66,675 /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

516, Hayat Boulevard 1B in numbers

Sold once: by Nshmi Development on 10 May 2017 for AED 741,888, or AED 997 per sqft.
Rented since February 2021 on 6 Ejari contracts, from AED 35,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 12,600 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 27 February 2026.

Questions about 516, Hayat Boulevard 1B

What did unit 516 last sell for?

AED 741,888 on 10 May 2017, sold by the developer: AED 997 per sqft for 744 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 70,000 a year on the contract signed on 27 February 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since February 2021.

How big is unit 516?

744 sqft (69.1 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 516 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 516, Hayat Boulevard 1B

Starts from the last sale price (AED 742K, 10 May 2017). Switch to today's estimate once you have unlocked it.

Price: AED 741,888
Deposit, UAE resident (20%): AED 148,378
Deposit, non-resident (40%): AED 296,755
Monthly over 25 years at 3.7%: AED 3,035

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