Studio · 313 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

704, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 23 January 2018
Last soldAED 440K23 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Hayat Boulevard 1B

What is 704 worth today?

Last sold for AED 439,888 in 2018

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23 Jan 2018Sold by developerOff-plan
AED 439,888AED 1,405 per sqft

Source: Dubai Land Department. Updated 23 January 2018.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
7th of 7
Parking
G-58
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 440K · January 2018

About 704, Hayat Boulevard 1B

704 is a studio of 313 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 23 January 2018 for AED 439,888, or AED 1,405 per sqft, 8% above the AED 1,304 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in Hayat Boulevard 1B
400K500K2016201920222025Typical sale price by year: 2016 AED 419,888; 2017 AED 410,388; 2020 AED 359,888; 2021 AED 420,888; 2023 AED 364,000; 2024 AED 475,000; 2025 AED 500,000Sold by developer, January 2018: AED 439,888 (AED 1,405 per sqft)

704 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 704, each contractTypical studio in Hayat Boulevard 1B
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 32,000; 2025 AED 38,000; 2026 AED 37,000

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

Studios in Hayat Boulevard 1B, and where 704 sits

All 22 studios →

704 last sold in January 2018 at AED 1,405 per sqft, 8% above what studios in Hayat Boulevard 1B were fetching at the time (AED 1,304). Over the last 12 months studios sold for AED 525,000, around AED 1,678 per sqft, and rent for AED 30,000 to 43,000 a year.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025525,000
2 Oct 2025500,000
17 Feb 2025495,000
19 Dec 2024460,000
1 studio 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
7023-bedAED 1.25M · Jun 2021
7032-bedAED 930K · Jun 2024
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

704, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 23 January 2018 for AED 439,888, or AED 1,405 per sqft.
  • Studios in Hayat Boulevard 1B sold for AED 525,000–525,000 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 23 January 2018.

Questions about 704, Hayat Boulevard 1B

What did unit 704 last sell for?

AED 439,888 on 23 January 2018, sold by the developer: AED 1,405 per sqft for 313 sqft. It is the only registered sale of the unit.

How big is unit 704?

313 sqft (29.1 sqm): a studio on the 7th floor of a 7-storey tower completed in 2020.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1B sold for AED 525,000 to 525,000 in the last 12 months, around AED 1,678 per sqft.

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Mortgage on 704, Hayat Boulevard 1B

Starts from the last sale price (AED 440K, 23 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 439,888
Deposit, UAE resident (20%)
AED 87,978
Deposit, non-resident (40%)
AED 175,955
Monthly over 25 years at 3.7%
AED 1,800

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