2-bed · 878 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

609, Hayat Boulevard 1B

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 16 November 2023
Last soldAED 800K3 August 2023
Current rentAED 55K /yr16 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Hayat Boulevard 1B

What is 609 worth today?

Last sold for AED 800,000 in 2023

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16 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
3 Aug 2023SoldReady
AED 800,000AED 910 per sqft
16 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
9 Aug 2022SoldReady
AED 690,000AED 785 per sqft
17 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
24 Jul 2020RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
3 May 2017Sold by developerOff-plan
AED 828,888AED 943 per sqft

Source: Dubai Land Department. Updated 16 November 2023.

Key facts

Type
2-bed apartment
Size
878 sqft
Floor
6th of 7
Parking
P-149
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 800K · August 2023

About 609, Hayat Boulevard 1B

609 is a two-bedroom apartment of 878 sqft on the 6th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 3 August 2023 for AED 800,000, or AED 910 per sqft, 5% above the AED 869 two-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 16 November 2023, is AED 55,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 14,900 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Hayat Boulevard 1B
750K1M1.25M2016201920222025Typical 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 828,888 (AED 943 per sqft)Sold, August 2022: AED 690,000 (AED 785 per sqft)Sold, August 2023: AED 800,000 (AED 910 per sqft)

609 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 609, 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, July 2020: AED 45,000 a yearNew contract, November 2021: AED 50,000 a yearNew contract, November 2022: AED 50,000 a yearRenewal, November 2023: AED 55,000 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 609 sits

All 69 2-beds →

609 last sold in August 2023 at AED 910 per sqft, 5% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 869). 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. 609's AED 55,000 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 6th floor

All 195 units in Hayat Boulevard 1B
Value
6012-bedAED 923K · Jul 2017
6023-bedAED 1.5M · Feb 2023
6032-bedAED 840K · Jul 2023
604StudioAED 525K · Dec 2025
6051-bedAED 649K · Dec 2016
6061-bedAED 721K · Nov 2016
6071-bedAED 475K · Mar 2023
1–7 of 24

609, Hayat Boulevard 1B in numbers

  • Sold 3 times: first on 3 May 2017 for AED 828,888, last on 3 August 2023 for AED 800,000 (AED 910 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 14,900 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 16 November 2023.

Questions about 609, Hayat Boulevard 1B

What did unit 609 last sell for?

AED 800,000 on 3 August 2023: AED 910 per sqft for 878 sqft. The unit has 3 registered sales; the first was AED 828,888 in May 2017.

What is the rent for unit 609?

AED 55,000 a year on the contract renewed on 16 November 2023. The previous contract, from November 2022, was AED 50,000; the unit has been rented since July 2020.

How big is unit 609?

878 sqft (81.6 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 609 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 609, Hayat Boulevard 1B

Starts from the last sale price (AED 800K, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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