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

717, Hayat Boulevard 1B

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

Unit 717 · DLD and Ejari recordsUpdated 13 February 2026
Last soldAED 391K9 August 2020
Current rentAED 37K /yr13 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 717, Hayat Boulevard 1B

What is 717 worth today?

Last sold for AED 390,888 in 2020

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13 Feb 2026RentedRenewal
AED 37,000/yr12 months · AED 118 per sqft
13 Feb 2025RentedRenewal
AED 32,550/yr12 months · AED 104 per sqft
13 Feb 2024RentedRenewal
AED 31,000/yr12 months · AED 99 per sqft
13 Feb 2023RentedNew contract
AED 29,000/yr12 months · AED 93 per sqft
14 Feb 2022RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
1 Feb 2021RentedNew contract
AED 18,000/yr12 months · AED 58 per sqft
2 Nov 2020RentedNew contract
AED 20,000/yr12 months · AED 64 per sqft
9 Aug 2020Sold by developerReady
AED 390,888AED 1,249 per sqft

Source: Dubai Land Department. Updated 13 February 2026.

Key facts

Type
Studio apartment
Size
313 sqft
Floor
7th of 7
Parking
G-40
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 391K · August 2020

About 717, Hayat Boulevard 1B

717 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 9 August 2020 for AED 390,888, or AED 1,249 per sqft.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 13 February 2026, is AED 37,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 5,300 a year.

Sales and rents for 717 over time

Sales
Unit 717, 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, August 2020: AED 390,888 (AED 1,249 per sqft)

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

Rents
Unit 717, 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 37,000New contract, November 2020: AED 20,000 a yearNew contract, February 2021: AED 18,000 a yearNew contract, February 2022: AED 23,000 a yearNew contract, February 2023: AED 29,000 a yearRenewal, February 2024: AED 31,000 a yearRenewal, February 2025: AED 32,550 a yearRenewal, February 2026: AED 37,000 a year

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 717 sits

All 22 studios →

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. 717's AED 37,000 is in the upper half of that range.

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
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

717, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 9 August 2020 for AED 390,888, or AED 1,249 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 20,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 5,300 a year (AED 16.97 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 13 February 2026.

Questions about 717, Hayat Boulevard 1B

What did unit 717 last sell for?

AED 390,888 on 9 August 2020, sold by the developer: AED 1,249 per sqft for 313 sqft. It is the only registered sale of the unit.

What is the rent for unit 717?

AED 37,000 a year on the contract renewed on 13 February 2026. The previous contract, from February 2025, was AED 32,550; the unit has been rented since November 2020.

How big is unit 717?

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

What is unit 717 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 717, Hayat Boulevard 1B

Starts from the last sale price (AED 391K, 9 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 390,888
Deposit, UAE resident (20%)
AED 78,178
Deposit, non-resident (40%)
AED 156,355
Monthly over 25 years at 3.7%
AED 1,599

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