3-bed · 1,514 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

702, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in June 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 1.25M20 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Hayat Boulevard 1B

What is 702 worth today?

Last sold for AED 1,245,888 in 2021

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20 Jun 2021Sold by developerReady
AED 1,245,888AED 822 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
3-bed apartment
Size
1,514 sqft
Floor
7th of 7
Parking
P-101
Developer
Nshmi Development
Completed
2020
Service charge
AED 25,700 /yr
Last sold
AED 1.25M · June 2021

About 702, Hayat Boulevard 1B

702 is a three-bedroom apartment of 1,514 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 20 June 2021 for AED 1,245,888, or AED 822 per sqft, 8% above the AED 760 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Hayat Boulevard 1B
1.2M1.4M20172019202120232025Typical sale price by year: 2017 AED 1,258,888; 2020 AED 1,154,888; 2021 AED 1,240,888; 2023 AED 1,350,888; 2024 AED 1,525,000Sold by developer, June 2021: AED 1,245,888 (AED 822 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Hayat Boulevard 1B
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 74,900; 2023 AED 80,000; 2024 AED 115,000; 2025 AED 117,500; 2026 AED 115,000

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

3-beds in Hayat Boulevard 1B, and where 702 sits

All 23 3-beds →

702 last sold in June 2021 at AED 822 per sqft, 8% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 760). Over the last 12 months three-beds sold for AED 1,615,000, around AED 1,142 per sqft, and rent for AED 96,802 to 125,006 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,615,000
28 Oct 20241,550,000
17 Oct 20241,775,000
24 Jul 20241,400,000
1 3-bed 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 7th floor

All 195 units in Hayat Boulevard 1B
Value
7012-bedAED 936K · Sep 2017
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

702, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 20 June 2021 for AED 1,245,888, or AED 822 per sqft.
  • Three-beds in Hayat Boulevard 1B sold for AED 1,615,000–1,615,000 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 20 June 2021.

Questions about 702, Hayat Boulevard 1B

What did unit 702 last sell for?

AED 1,245,888 on 20 June 2021, sold by the developer: AED 822 per sqft for 1,514 sqft. It is the only registered sale of the unit.

How big is unit 702?

1,514 sqft (140.7 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 1B sold for AED 1,615,000 to 1,615,000 in the last 12 months, around AED 1,142 per sqft.

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Mortgage on 702, Hayat Boulevard 1B

Starts from the last sale price (AED 1.25M, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,245,888
Deposit, UAE resident (20%)
AED 249,178
Deposit, non-resident (40%)
AED 498,355
Monthly over 25 years at 3.7%
AED 5,097

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