Home
Dubai prices
About
Research
1-bed · 547 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

716, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in March 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 480K22 March 2023
Current rentAED 32K /yr1 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 716

Property timeline for 716, Hayat Boulevard 1B

What is 716 worth today?

Last sold for AED 480,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Mar 2023SoldReady
AED 480,000AED 877 per sqft
1 Apr 2022RentedNew contract
AED 32,000/yr12 months · AED 58 per sqft
15 Jan 2021RentedNew contract
AED 20,000/yr12 months · AED 36 per sqft
20 Sep 2020Sold by developerReady
AED 599,888AED 1,096 per sqft

Source: Dubai Land Department. Updated 22 March 2023.

Key facts

Type
1-bed apartment
Size
547 sqft
Floor
7th of 7
Parking
G-41
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 480K · March 2023
Building
Hayat Boulevard 1B

About 716, Hayat Boulevard 1B

716 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. It last sold on 22 March 2023 for AED 480,000, or AED 877 per sqft, 9% above the AED 801 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 April 2022, is AED 32,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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, September 2020: AED 599,888 (AED 1,096 per sqft)Sold, March 2023: AED 480,000 (AED 877 per sqft)

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

Rents
Unit 716, each contractTypical one-bed in Hayat Boulevard 1B
20K40K60K2020202220242026Typical 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, January 2021: AED 20,000 a yearNew contract, April 2022: AED 32,000 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 716 sits

All 79 1-beds →

716 last sold in March 2023 at AED 877 per sqft, 9% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 801). 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. 716's AED 32,000 is at the bottom 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
7051-bedAED 608K · Jan 2017
7064-bedAED 2.1M · Oct 2024
7072-bedAED 1.18M · Oct 2017
1–7 of 24

716, Hayat Boulevard 1B in numbers

  • Sold twice: first on 20 September 2020 for AED 599,888, last on 22 March 2023 for AED 480,000 (AED 877 per sqft).
  • Rented since January 2021 on 2 Ejari contracts, from AED 20,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2023 price is 6.7%, 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 22 March 2023.

Questions about 716, Hayat Boulevard 1B

What did unit 716 last sell for?

AED 480,000 on 22 March 2023: AED 877 per sqft for 547 sqft. The unit has 2 registered sales; the first was AED 599,888 in September 2020.

What is the rent for unit 716?

AED 32,000 a year on the contract signed on 1 April 2022. The previous contract, from January 2021, was AED 20,000.

How big is unit 716?

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

What is unit 716 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.

Selling 716? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 716, Hayat Boulevard 1B

Starts from the last sale price (AED 480K, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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