1-bed · 546 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

616, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 625K19 December 2024
Current rentAED 60K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Hayat Boulevard 1B

What is 616 worth today?

Last sold for AED 625,000 in 2024

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1 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 110 per sqft
1 May 2025RentedNew contract
AED 55,000/yr12 months · AED 101 per sqft
1 May 2025RentedNew contract
AED 55,000/yr12 months · AED 101 per sqft
19 Dec 2024SoldReady
AED 625,000AED 1,144 per sqft
1 May 2024RentedRenewal
AED 41,400/yr12 months · AED 76 per sqft
1 May 2023RentedRenewal
AED 34,500/yr12 months · AED 63 per sqft
1 May 2022RentedRenewal
AED 30,000/yr12 months · AED 55 per sqft
1 May 2021RentedNew contract
AED 27,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
546 sqft
Floor
6th of 7
Parking
G-78
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 625K · December 2024

About 616, Hayat Boulevard 1B

616 is a one-bedroom apartment of 546 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 19 December 2024 for AED 625,000, or AED 1,144 per sqft, 9% above the AED 1,048 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 60,000 a year: a gross yield of 9.6% on the 2024 price, before the service charge of about AED 9,300 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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 598,888 (AED 1,096 per sqft)Sold, December 2024: AED 625,000 (AED 1,144 per sqft)

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

Rents
Unit 616, 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, May 2021: AED 27,000 a yearRenewal, May 2022: AED 30,000 a yearRenewal, May 2023: AED 34,500 a yearRenewal, May 2024: AED 41,400 a yearNew contract, May 2025: AED 55,000 a yearNew contract, May 2025: AED 55,000 a yearNew contract, July 2026: AED 60,000 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 616 sits

All 79 1-beds →

616 last sold in December 2024 at AED 1,144 per sqft, 9% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 1,048). 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. 616's AED 60,000 is in the lower 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

616, Hayat Boulevard 1B in numbers

  • Sold twice: first on 31 January 2017 for AED 598,888, last on 19 December 2024 for AED 625,000 (AED 1,144 per sqft).
  • Rented since May 2021 on 7 Ejari contracts, from AED 27,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.6%, before a service charge of about AED 9,300 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 1 July 2026.

Questions about 616, Hayat Boulevard 1B

What did unit 616 last sell for?

AED 625,000 on 19 December 2024: AED 1,144 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 598,888 in January 2017.

What is the rent for unit 616?

AED 60,000 a year on the contract signed on 1 July 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since May 2021.

How big is unit 616?

546 sqft (50.7 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 616 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 616, Hayat Boulevard 1B

Starts from the last sale price (AED 625K, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

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