1-bed · 547 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

705, Hayat Boulevard 1B

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

Unit 705 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 608K26 January 2017
Current rentAED 60K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Hayat Boulevard 1B

What is 705 worth today?

Last sold for AED 607,888 in 2017

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10 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 111 per sqft
10 Feb 2025RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
30 Nov 2023RentedNew contract
AED 47,000/yr12 months · AED 86 per sqft
15 Aug 2023RentedRenewal
AED 39,600/yr3 months · AED 72 per sqft
15 Aug 2022RentedRenewal
AED 27,000/yr12 months · AED 49 per sqft
15 Aug 2021RentedNew contract
AED 27,000/yr12 months · AED 49 per sqft
20 Jul 2020RentedNew contract
AED 27,000/yr12 months · AED 49 per sqft
26 Jan 2017Sold by developerOff-plan
AED 607,888AED 1,110 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
547 sqft
Floor
7th of 7
Parking
G-59
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 608K · January 2017

About 705, Hayat Boulevard 1B

705 is a one-bedroom apartment of 547 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 26 January 2017 for AED 607,888, or AED 1,110 per sqft, 14% above the AED 973 one-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 10 February 2026, is AED 60,000 a year: a gross yield of 9.9% on the 2017 price, before the service charge of about AED 9,300 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Hayat Boulevard 1B
600K800K2016201920222025Typical sale price by year: 2016 AED 647,888; 2017 AED 657,888; 2018 AED 652,888; 2020 AED 628,888; 2021 AED 475,000; 2023 AED 547,500; 2024 AED 670,000; 2025 AED 767,500; 2026 AED 780,000Sold by developer, January 2017: AED 607,888 (AED 1,110 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Hayat Boulevard 1B
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 36,000; 2023 AED 41,900; 2024 AED 55,000; 2025 AED 59,500; 2026 AED 60,000New contract, July 2020: AED 27,000 a yearNew contract, August 2021: AED 27,000 a yearRenewal, August 2022: AED 27,000 a yearRenewal, August 2023: AED 39,600 a yearNew contract, November 2023: AED 47,000 a yearNew contract, February 2025: AED 60,000 a yearRenewal, February 2026: AED 60,000 a year

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

1-beds in Hayat Boulevard 1B, and where 705 sits

All 79 1-beds →

705 last sold in January 2017 at AED 1,110 per sqft, 14% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 973). Over the last 12 months one-beds sold for AED 770,000 to 800,000, around AED 1,220 per sqft, and rent for AED 47,000 to 77,500 a year. 705's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Oct 2026800,000
24 Aug 2026770,000
31 Mar 2026780,000
31 Aug 2025775,888
3 1-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
7012-bedAED 936K · Sep 2017
7023-bedAED 1.25M · Jun 2021
7032-bedAED 930K · Jun 2024
704StudioAED 440K · Jan 2018
7064-bedAED 2.1M · Oct 2024
7072-bedAED 1.18M · Oct 2017
7082-bedAED 600K · May 2021
1–7 of 24

705, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 26 January 2017 for AED 607,888, or AED 1,110 per sqft.
  • Rented since July 2020 on 7 Ejari contracts, from AED 27,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 9.9%, before a service charge of about AED 9,300 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1B sold for AED 770,000–800,000 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 10 February 2026.

Questions about 705, Hayat Boulevard 1B

What did unit 705 last sell for?

AED 607,888 on 26 January 2017, sold by the developer: AED 1,110 per sqft for 547 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 60,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 60,000; the unit has been rented since July 2020.

How big is unit 705?

547 sqft (50.8 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1B sold for AED 770,000 to 800,000 in the last 12 months, around AED 1,220 per sqft.

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Mortgage on 705, Hayat Boulevard 1B

Starts from the last sale price (AED 608K, 26 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 607,888
Deposit, UAE resident (20%)
AED 121,578
Deposit, non-resident (40%)
AED 243,155
Monthly over 25 years at 3.7%
AED 2,487

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