3-bed · 1,415 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

523, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 23 July 2024
Last soldAED 1.5M23 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Hayat Boulevard 1B

What is 523 worth today?

Last sold for AED 1,500,000 in 2024

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23 Jul 2024SoldReady
AED 1,500,000AED 1,060 per sqft
22 Nov 2020Sold by developerReady
AED 1,120,888AED 792 per sqft

Source: Dubai Land Department. Updated 23 July 2024.

Key facts

Type
3-bed apartment
Size
1,415 sqft
Floor
5th of 7
Parking
P-88
Developer
Nshmi Development
Completed
2020
Service charge
AED 24,000 /yr
Last sold
AED 1.5M · July 2024

About 523, Hayat Boulevard 1B

523 is a three-bedroom apartment of 1,415 sqft on the 5th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 23 July 2024 for AED 1,500,000, or AED 1,060 per sqft, 11% above the AED 955 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical three-bed in Hayat Boulevard 1B
1.2M1.4M201720202023Typical sale price by year: 2017 AED 1,258,888; 2020 AED 1,154,888; 2021 AED 1,240,888; 2023 AED 1,350,888; 2024 AED 1,525,000Sold by developer, November 2020: AED 1,120,888 (AED 792 per sqft)Sold, July 2024: AED 1,500,000 (AED 1,060 per sqft)

523 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 523, each contractTypical three-bed in Hayat Boulevard 1B
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 74,900; 2023 AED 80,000; 2024 AED 115,000; 2025 AED 117,500; 2026 AED 115,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Hayat Boulevard 1B, and where 523 sits

All 23 3-beds →

523 last sold in July 2024 at AED 1,060 per sqft, 11% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 955). Over the last 12 months three-beds sold for AED 1,615,000, around AED 1,142 per sqft, and rent for AED 96,802 to 125,006 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,615,000
28 Oct 20241,550,000
17 Oct 20241,775,000
24 Jul 20241,400,000
1 3-bed sale 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

523, Hayat Boulevard 1B in numbers

  • Sold twice: first on 22 November 2020 for AED 1,120,888, last on 23 July 2024 for AED 1,500,000 (AED 1,060 per sqft).
  • Three-beds in Hayat Boulevard 1B sold for AED 1,615,000–1,615,000 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 23 July 2024.

Questions about 523, Hayat Boulevard 1B

What did unit 523 last sell for?

AED 1,500,000 on 23 July 2024: AED 1,060 per sqft for 1,415 sqft. The unit has 2 registered sales; the first was AED 1,120,888 in November 2020.

How big is unit 523?

1,415 sqft (131.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 1B sold for AED 1,615,000 to 1,615,000 in the last 12 months, around AED 1,142 per sqft.

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Mortgage on 523, Hayat Boulevard 1B

Starts from the last sale price (AED 1.5M, 23 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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