2-bed · 901 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

624, 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 624 · DLD and Ejari recordsUpdated 6 February 2026
Last soldAED 895K17 November 2016
Current rentAED 100K /yr6 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 624, Hayat Boulevard 1B

What is 624 worth today?

Last sold for AED 894,888 in 2016

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6 Feb 2026RentedNew contract
AED 100,000/yr12 months · AED 111 per sqft
4 Feb 2025RentedRenewal
AED 82,280/yr12 months · AED 92 per sqft
4 Feb 2025RentedRenewal
AED 82,280/yr12 months · AED 92 per sqft
4 Feb 2024RentedRenewal
AED 74,800/yr12 months · AED 84 per sqft
4 Feb 2023RentedNew contract
AED 68,000/yr12 months · AED 76 per sqft
1 Feb 2022RentedRenewal
AED 47,000/yr12 months · AED 52 per sqft
1 Feb 2021RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
25 Jun 2020RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 6 February 2026.

Key facts

Type
2-bed apartment
Size
901 sqft
Floor
6th of 7
Parking
P-144
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 895K · November 2016

About 624, Hayat Boulevard 1B

624 is a two-bedroom apartment of 901 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 894,888, or AED 993 per sqft, 4% above the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 6 February 2026, is AED 100,000 a year: a gross yield of 11.2% on the 2016 price, before the service charge of about AED 15,300 a year.

Sales and rents for 624 over time

Sales
Unit 624, 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 894,888 (AED 993 per sqft)

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

Rents
Unit 624, each contractTypical two-bed in Hayat Boulevard 1B
50K100K2020202220242026Typical 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 82,000New contract, June 2020: AED 45,000 a yearNew contract, February 2021: AED 45,000 a yearRenewal, February 2022: AED 47,000 a yearNew contract, February 2023: AED 68,000 a yearRenewal, February 2024: AED 74,800 a yearRenewal, February 2025: AED 82,280 a yearRenewal, February 2025: AED 82,280 a yearNew contract, February 2026: AED 100,000 a year

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 624 sits

All 69 2-beds →

624 last sold in November 2016 at AED 993 per sqft, 4% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 956). 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. 624's AED 100,000 is at the top of that range.

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

624, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 894,888, or AED 993 per sqft.
  • Rented since June 2020 on 8 Ejari contracts, from AED 45,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2016 price is 11.2%, before a service charge of about AED 15,300 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 6 February 2026.

Questions about 624, Hayat Boulevard 1B

What did unit 624 last sell for?

AED 894,888 on 17 November 2016, sold by the developer: AED 993 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 624?

AED 100,000 a year on the contract signed on 6 February 2026. The previous contract, from February 2025, was AED 82,280; the unit has been rented since June 2020.

How big is unit 624?

901 sqft (83.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 624 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 624, Hayat Boulevard 1B

Starts from the last sale price (AED 895K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 894,888
Deposit, UAE resident (20%)
AED 178,978
Deposit, non-resident (40%)
AED 357,955
Monthly over 25 years at 3.7%
AED 3,661

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