1-bed · 680 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

615, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 5 October 2025
Last soldAED 692K17 November 2016
Current rentAED 65K /yr5 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Hayat Boulevard 1B

What is 615 worth today?

Last sold for AED 691,888 in 2016

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5 Oct 2025RentedRenewal
AED 65,000/yr12 months · AED 96 per sqft
30 Sep 2025RentedNew contract
AED 62,000/yr12 months · AED 91 per sqft
5 Oct 2024RentedRenewal
AED 57,184/yr10 months · AED 84 per sqft
5 Oct 2023RentedRenewal
AED 42,000/yr12 months · AED 62 per sqft
5 Oct 2022RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
1 Sep 2021RentedRenewal
AED 35,000/yr13 months · AED 52 per sqft
1 Aug 2020RentedNew contract
AED 35,000/yr13 months · AED 52 per sqft
17 Nov 2016Sold by developerOff-plan
AED 691,888AED 1,017 per sqft

Source: Dubai Land Department. Updated 5 October 2025.

Key facts

Type
1-bed apartment
Size
680 sqft
Floor
6th of 7
Parking
G-77
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,500 /yr
Last sold
AED 692K · November 2016

About 615, Hayat Boulevard 1B

615 is a one-bedroom apartment of 680 sqft on the 6th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 17 November 2016 for AED 691,888, or AED 1,017 per sqft, 5% above the AED 972 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 65,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 11,500 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, November 2016: AED 691,888 (AED 1,017 per sqft)

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

Rents
Unit 615, 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, August 2020: AED 35,000 a yearRenewal, September 2021: AED 35,000 a yearNew contract, October 2022: AED 40,000 a yearRenewal, October 2023: AED 42,000 a yearRenewal, October 2024: AED 57,184 a yearNew contract, September 2025: AED 62,000 a yearRenewal, October 2025: AED 65,000 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 615 sits

All 79 1-beds →

615 last sold in November 2016 at AED 1,017 per sqft, 5% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 972). 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. 615's AED 65,000 is in the upper half 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 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

615, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 691,888, or AED 1,017 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 35,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 11,500 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 5 October 2025.

Questions about 615, Hayat Boulevard 1B

What did unit 615 last sell for?

AED 691,888 on 17 November 2016, sold by the developer: AED 1,017 per sqft for 680 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 65,000 a year on the contract renewed on 5 October 2025. The previous contract, from September 2025, was AED 62,000; the unit has been rented since August 2020.

How big is unit 615?

680 sqft (63.2 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 615 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 615, Hayat Boulevard 1B

Starts from the last sale price (AED 692K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 691,888
Deposit, UAE resident (20%)
AED 138,378
Deposit, non-resident (40%)
AED 276,755
Monthly over 25 years at 3.7%
AED 2,831

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