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1-bed · 681 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

517, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 20 October 2023
Last soldAED 683K30 January 2017
Current rentAED 36K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, Hayat Boulevard 1B

What is 517 worth today?

Last sold for AED 682,888 in 2017

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20 Oct 2023RentedRenewal
AED 36,000/yr12 months · AED 53 per sqft
20 Oct 2022RentedRenewal
AED 32,000/yr12 months · AED 47 per sqft
20 Oct 2021RentedRenewal
AED 32,000/yr12 months · AED 47 per sqft
20 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 47 per sqft
30 Jan 2017Sold by developerOff-plan
AED 682,888AED 1,002 per sqft

Source: Dubai Land Department. Updated 20 October 2023.

Key facts

Type
1-bed apartment
Size
681 sqft
Floor
5th of 7
Parking
G-82
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 683K · January 2017
Building
Hayat Boulevard 1B

About 517, Hayat Boulevard 1B

517 is a one-bedroom apartment of 681 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 30 January 2017 for AED 682,888, or AED 1,002 per sqft, in line with the AED 974 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 October 2023, is AED 36,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 11,600 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, January 2017: AED 682,888 (AED 1,002 per sqft)

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

Rents
Unit 517, 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, October 2020: AED 32,000 a yearRenewal, October 2021: AED 32,000 a yearRenewal, October 2022: AED 32,000 a yearRenewal, October 2023: AED 36,000 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 517 sits

All 79 1-beds →

517 last sold in January 2017 at AED 1,002 per sqft, in line with what one-beds in Hayat Boulevard 1B were fetching at the time (AED 974). 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. 517's AED 36,000 is at the bottom 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

517, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 30 January 2017 for AED 682,888, or AED 1,002 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 32,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 11,600 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 20 October 2023.

Questions about 517, Hayat Boulevard 1B

What did unit 517 last sell for?

AED 682,888 on 30 January 2017, sold by the developer: AED 1,002 per sqft for 681 sqft. It is the only registered sale of the unit.

What is the rent for unit 517?

AED 36,000 a year on the contract renewed on 20 October 2023. The previous contract, from October 2022, was AED 32,000; the unit has been rented since October 2020.

How big is unit 517?

681 sqft (63.3 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 517 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 517, Hayat Boulevard 1B

Starts from the last sale price (AED 683K, 30 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 682,888
Deposit, UAE resident (20%)
AED 136,578
Deposit, non-resident (40%)
AED 273,155
Monthly over 25 years at 3.7%
AED 2,794

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