2-bed · 935 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

524, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 524 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 850K4 January 2024
Current rentAED 52K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 524, Hayat Boulevard 1B

What is 524 worth today?

Last sold for AED 850,000 in 2024

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1 Feb 2026RentedRenewal
AED 51,600/yr12 months · AED 55 per sqft
1 Feb 2026RentedNew contract
AED 72,000/yr12 months · AED 78 per sqft
1 Feb 2025RentedRenewal
AED 72,000/yr12 months · AED 77 per sqft
1 Feb 2024RentedNew contract
AED 72,000/yr12 months · AED 77 per sqft
4 Jan 2024SoldReady
AED 850,000AED 909 per sqft
23 May 2017Sold by developerOff-plan
AED 909,888AED 973 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
5th of 7
Parking
P-126
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 850K · January 2024

About 524, Hayat Boulevard 1B

524 is a two-bedroom apartment of 935 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 4 January 2024 for AED 850,000, or AED 909 per sqft, in line with the AED 909 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 51,600 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 15,900 a year.

Sales and rents for 524 over time

Sales
Unit 524, each saleTypical two-bed in Hayat Boulevard 1B
800K1M1.2M2016201920222025Typical sale price by year: 2016 AED 881,888; 2017 AED 881,888; 2020 AED 799,888; 2021 AED 900,888; 2022 AED 780,000; 2023 AED 845,000; 2024 AED 927,500; 2025 AED 1,100,000; 2026 AED 1,195,000Sold by developer, May 2017: AED 909,888 (AED 973 per sqft)Sold, January 2024: AED 850,000 (AED 909 per sqft)

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

Rents
Unit 524, each contractTypical two-bed in Hayat Boulevard 1B
40K60K80K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 82,000New contract, February 2024: AED 72,000 a yearRenewal, February 2025: AED 72,000 a yearRenewal, February 2026: AED 51,600 a yearNew contract, February 2026: AED 72,000 a year

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 524 sits

All 69 2-beds →

524 last sold in January 2024 at AED 909 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 909). 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. 524's AED 51,600 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,350,000
25 Aug 20261,140,000
14 Jul 20261,250,000
13 Jul 20261,100,000
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
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

524, Hayat Boulevard 1B in numbers

  • Sold twice: first on 23 May 2017 for AED 909,888, last on 4 January 2024 for AED 850,000 (AED 909 per sqft).
  • Rented since February 2024 on 4 Ejari contracts, from AED 72,000 to AED 51,600 a year.
  • At AED 51,600 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 15,900 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 1 February 2026.

Questions about 524, Hayat Boulevard 1B

What did unit 524 last sell for?

AED 850,000 on 4 January 2024: AED 909 per sqft for 935 sqft. The unit has 2 registered sales; the first was AED 909,888 in May 2017.

What is the rent for unit 524?

AED 51,600 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 72,000; the unit has been rented since February 2024.

How big is unit 524?

935 sqft (86.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 524 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 524, Hayat Boulevard 1B

Starts from the last sale price (AED 850K, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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