Studio · 313 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

617, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 380K2 November 2023
Current rentAED 32K /yr24 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Hayat Boulevard 1B

What is 617 worth today?

Last sold for AED 380,000 in 2023

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24 Apr 2026RentedRenewal
AED 32,000/yr12 months · AED 102 per sqft
24 Apr 2025RentedRenewal
AED 32,000/yr12 months · AED 102 per sqft
24 Apr 2025RentedRenewal
AED 32,000/yr12 months · AED 102 per sqft
24 Apr 2024RentedNew contract
AED 32,000/yr12 months · AED 102 per sqft
2 Nov 2023SoldReady
AED 380,000AED 1,213 per sqft
22 Apr 2023RentedRenewal
AED 29,000/yr12 months · AED 93 per sqft
22 Apr 2022RentedRenewal
AED 22,000/yr12 months · AED 70 per sqft
22 Apr 2021RentedNew contract
AED 19,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
6th of 7
Parking
G-79
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 380K · November 2023

About 617, Hayat Boulevard 1B

617 is a studio of 313 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 2 November 2023 for AED 380,000, or AED 1,213 per sqft, 4% above the AED 1,165 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 24 April 2026, is AED 32,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical studio in Hayat Boulevard 1B
400K500K2016201920222025Typical sale price by year: 2016 AED 419,888; 2017 AED 410,388; 2020 AED 359,888; 2021 AED 420,888; 2023 AED 364,000; 2024 AED 475,000; 2025 AED 500,000Sold by developer, January 2017: AED 429,888 (AED 1,373 per sqft)Sold, November 2023: AED 380,000 (AED 1,213 per sqft)

617 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 617, each contractTypical studio in Hayat Boulevard 1B
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 32,000; 2025 AED 38,000; 2026 AED 37,000New contract, April 2021: AED 19,000 a yearRenewal, April 2022: AED 22,000 a yearRenewal, April 2023: AED 29,000 a yearNew contract, April 2024: AED 32,000 a yearRenewal, April 2025: AED 32,000 a yearRenewal, April 2025: AED 32,000 a yearRenewal, April 2026: AED 32,000 a year

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

Studios in Hayat Boulevard 1B, and where 617 sits

All 22 studios →

617 last sold in November 2023 at AED 1,213 per sqft, 4% above what studios in Hayat Boulevard 1B were fetching at the time (AED 1,165). Over the last 12 months studios sold for AED 525,000, around AED 1,678 per sqft, and rent for AED 30,000 to 43,000 a year. 617's AED 32,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025525,000
2 Oct 2025500,000
17 Feb 2025495,000
19 Dec 2024460,000
1 studio 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 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

617, Hayat Boulevard 1B in numbers

  • Sold twice: first on 19 January 2017 for AED 429,888, last on 2 November 2023 for AED 380,000 (AED 1,213 per sqft).
  • Rented since April 2021 on 7 Ejari contracts, from AED 19,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).
  • Studios in Hayat Boulevard 1B sold for AED 525,000–525,000 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 24 April 2026.

Questions about 617, Hayat Boulevard 1B

What did unit 617 last sell for?

AED 380,000 on 2 November 2023: AED 1,213 per sqft for 313 sqft. The unit has 2 registered sales; the first was AED 429,888 in January 2017.

What is the rent for unit 617?

AED 32,000 a year on the contract renewed on 24 April 2026. The previous contract, from April 2025, was AED 32,000; the unit has been rented since April 2021.

How big is unit 617?

313 sqft (29.1 sqm): a studio on the 6th floor of a 7-storey tower completed in 2020.

What is unit 617 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1B sold for AED 525,000 to 525,000 in the last 12 months, around AED 1,678 per sqft.

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Mortgage on 617, Hayat Boulevard 1B

Starts from the last sale price (AED 380K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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