2-bed · 485 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

622, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 622 · DLD and Ejari recordsUpdated 28 November 2016
Last soldAED 918K28 November 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 622, Hayat Boulevard 1B

What is 622 worth today?

Last sold for AED 917,888 in 2016

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28 Nov 2016Sold by developerOff-plan
AED 917,888AED 940 per sqft

Source: Dubai Land Department. Updated 28 November 2016.

Key facts

Type
2-bed apartment
Size
485 sqft
Floor
6th of 7
Parking
P-140
Developer
Nshmi Development
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 918K · November 2016

About 622, Hayat Boulevard 1B

622 is a two-bedroom apartment of 485 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 28 November 2016 for AED 917,888, or AED 940 per sqft, in line with the AED 944 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 622 over time

Sales
Unit 622, 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, November 2016: AED 917,888 (AED 940 per sqft)

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

Rents
Unit 622, 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 82,000

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 622 sits

All 69 2-beds →

622 last sold in November 2016 at AED 940 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 944). 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.

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

622, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 28 November 2016 for AED 917,888, or AED 940 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 28 November 2016.

Questions about 622, Hayat Boulevard 1B

What did unit 622 last sell for?

AED 917,888 on 28 November 2016, sold by the developer: AED 940 per sqft for 485 sqft. It is the only registered sale of the unit.

How big is unit 622?

485 sqft (45.1 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 622 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 622, Hayat Boulevard 1B

Starts from the last sale price (AED 918K, 28 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 917,888
Deposit, UAE resident (20%)
AED 183,578
Deposit, non-resident (40%)
AED 367,155
Monthly over 25 years at 3.7%
AED 3,755

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