2-bed · 934 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

701, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 26 October 2026
Last soldAED 936K6 September 2017
Current rentAED 84K /yr26 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Hayat Boulevard 1B

What is 701 worth today?

Last sold for AED 935,888 in 2017

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26 Oct 2026RentedRenewal
AED 84,000/yr6 months · AED 91 per sqft
26 Oct 2025RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
26 Oct 2024RentedNew contract
AED 77,000/yr12 months · AED 82 per sqft
1 Oct 2023RentedRenewal
AED 62,700/yr12 months · AED 67 per sqft
1 Oct 2022RentedNew contract
AED 57,000/yr12 months · AED 61 per sqft
16 Aug 2021RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
1 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
6 Sep 2017Sold by developerOff-plan
AED 935,888AED 1,001 per sqft

Source: Dubai Land Department. Updated 26 October 2026.

Key facts

Type
2-bed apartment
Size
934 sqft
Floor
7th of 7
Parking
P-107
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 936K · September 2017

About 701, Hayat Boulevard 1B

701 is a two-bedroom apartment of 934 sqft on the 7th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 6 September 2017 for AED 935,888, or AED 1,001 per sqft, 8% above the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 26 October 2026, is AED 84,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 15,900 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, September 2017: AED 935,888 (AED 1,001 per sqft)

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

Rents
Unit 701, 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 82,000New contract, October 2020: AED 42,000 a yearNew contract, August 2021: AED 48,000 a yearNew contract, October 2022: AED 57,000 a yearRenewal, October 2023: AED 62,700 a yearNew contract, October 2024: AED 77,000 a yearRenewal, October 2025: AED 80,000 a yearRenewal, October 2026: AED 84,000 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 701 sits

All 69 2-beds →

701 last sold in September 2017 at AED 1,001 per sqft, 8% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 930). 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. 701's AED 84,000 is in the upper half 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 7th floor

All 195 units in Hayat Boulevard 1B
Value
7023-bedAED 1.25M · Jun 2021
7032-bedAED 930K · Jun 2024
704StudioAED 440K · Jan 2018
7051-bedAED 608K · Jan 2017
7064-bedAED 2.1M · Oct 2024
7072-bedAED 1.18M · Oct 2017
7082-bedAED 600K · May 2021
1–7 of 24

701, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 6 September 2017 for AED 935,888, or AED 1,001 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 42,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2017 price is 9.0%, before a service charge of about AED 15,900 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 26 October 2026.

Questions about 701, Hayat Boulevard 1B

What did unit 701 last sell for?

AED 935,888 on 6 September 2017, sold by the developer: AED 1,001 per sqft for 934 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 84,000 a year on the contract renewed on 26 October 2026. The previous contract, from October 2025, was AED 80,000; the unit has been rented since October 2020.

How big is unit 701?

934 sqft (86.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 701 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 701, Hayat Boulevard 1B

Starts from the last sale price (AED 936K, 6 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 935,888
Deposit, UAE resident (20%)
AED 187,178
Deposit, non-resident (40%)
AED 374,355
Monthly over 25 years at 3.7%
AED 3,829

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