
623, Hayat Boulevard 1B
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 623, Hayat Boulevard 1B
What is 623 worth today?
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Source: Dubai Land Department. Updated 28 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,102 sqft
- Floor
- 6th of 7
- Parking
- P-141
- Developer
- Nshmi Development
- Completed
- 2020
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1.35M · January 2025
- Building
- Hayat Boulevard 1B
About 623, Hayat Boulevard 1B
623 is a two-bedroom apartment of 1,102 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 28 January 2025 for AED 1,350,888, or AED 1,225 per sqft, 20% above the AED 1,020 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 24 September 2023, is AED 60,000 a year: a gross yield of 4.4% on the 2025 price, before the service charge of about AED 18,700 a year.
Sales and rents for 623 over time
623 has sold twice; the dashed line is the two-bed median of each year in the building.
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 623 sits
All 69 2-beds →623 last sold in January 2025 at AED 1,225 per sqft, 20% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 1,020). 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. 623's AED 60,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Sep 202621 September 2026 | 1,573 sqft | 1,350,000 | 858 | ||
| 25 Aug 202625 August 2026 | 901 sqft | 1,140,000 | 1,265 | ||
| 14 Jul 202614 July 2026 | 935 sqft | 1,250,000 | 1,337 | ||
| 13 Jul 202613 July 2026 | 887 sqft | 1,100,000 | 1,240 |
Hayat Boulevard 1B
Building195 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%
Other units on the 6th floor
All 195 units in Hayat Boulevard 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 934 sqft | AED 923KAED 922,888 · Jul 2017July 2017 | 80,000 /yr | |
| 602 | 3-bed | 2,657 sqft | AED 1.5MAED 1,500,000 · Feb 2023February 2023 | 115,000 /yr | |
| 603 | 2-bed | 897 sqft | AED 840KAED 840,000 · Jul 2023July 2023 | 58,000 /yr | |
| 604 | Studio | 313 sqft | AED 525KAED 525,000 · Dec 2025December 2025 | 30,000 /yr | |
| 605 | 1-bed | 547 sqft | AED 649KAED 648,888 · Dec 2016December 2016 | 70,000 /yr | |
| 606 | 1-bed | 742 sqft | AED 721KAED 720,888 · Nov 2016November 2016 | 63,000 /yr | |
| 607 | 1-bed | 671 sqft | AED 475KAED 475,000 · Mar 2023March 2023 | 52,500 /yr | |
| 608 | 2-bed | 882 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 86,000 /yr | |
| 609 | 2-bed | 878 sqft | AED 800KAED 800,000 · Aug 2023August 2023 | 55,000 /yr | |
| 610 | 1-bed | 633 sqft | AED 800KAED 800,000 · Jul 2025July 2025 | 70,000 /yr | |
| 611 | 1-bed | 624 sqft | AED 671KAED 670,888 · Mar 2017March 2017 | 67,000 /yr | |
| 612 | 2-bed | 881 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 82,000 /yr | |
| 613 | 2-bed | 887 sqft | AED 1.1MAED 1,100,000 · Jul 2026July 2026 | 40,000 /yr | |
| 614 | 1-bed | 671 sqft | AED 600KAED 600,000 · Sep 2024September 2024 | 63,000 /yr | |
| 615 | 1-bed | 680 sqft | AED 692KAED 691,888 · Nov 2016November 2016 | 65,000 /yr | |
| 616 | 1-bed | 546 sqft | AED 625KAED 625,000 · Dec 2024December 2024 | 60,000 /yr | |
| 617 | Studio | 313 sqft | AED 380KAED 380,000 · Nov 2023November 2023 | 32,000 /yr | |
| 618 | 2-bed | 897 sqft | AED 1.12MAED 1,115,000 · Jan 2025January 2025 | 85,059 /yr | |
| 619 | 3-bed | 2,652 sqft | AED 1.55MAED 1,550,888 · Dec 2023December 2023 | ||
| 620 | 2-bed | 935 sqft | AED 920KAED 920,000 · Aug 2023August 2023 | ||
| 621 | 1-bed | 580 sqft | AED 649KAED 648,888 · Nov 2016November 2016 | ||
| 622 | 2-bed | 485 sqft | AED 918KAED 917,888 · Nov 2016November 2016 | ||
| 624 | 2-bed | 901 sqft | AED 895KAED 894,888 · Nov 2016November 2016 | 100,000 /yr | |
| 625 | 3-bed | 1,370 sqft | AED 1.23MAED 1,225,888 · Jun 2021June 2021 |
623, Hayat Boulevard 1B in numbers
- Sold twice: first on 26 July 2021 for AED 945,888, last on 28 January 2025 for AED 1,350,888 (AED 1,225 per sqft).
- Rented since September 2021 on 4 Ejari contracts, from AED 50,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 4.4%, before a service charge of about AED 18,700 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 28 January 2025.
Questions about 623, Hayat Boulevard 1B
What did unit 623 last sell for?
AED 1,350,888 on 28 January 2025: AED 1,225 per sqft for 1,102 sqft. The unit has 2 registered sales; the first was AED 945,888 in July 2021.
What is the rent for unit 623?
AED 60,000 a year on the contract renewed on 24 September 2023. The previous contract, from September 2022, was AED 55,000; the unit has been rented since September 2021.
How big is unit 623?
1,102 sqft (102.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.
What is unit 623 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 623, Hayat Boulevard 1B
Starts from the last sale price (AED 1.35M, 28 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,888
- Deposit, UAE resident (20%)
- AED 270,178
- Deposit, non-resident (40%)
- AED 540,355
- Monthly over 25 years at 3.7%
- AED 5,527
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →