3-bed · 1,515 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

719, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 719 · DLD and Ejari recordsUpdated 24 July 2024
Last soldAED 1.4M24 July 2024
Current rentAED 77K /yr14 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 719, Hayat Boulevard 1B

What is 719 worth today?

Last sold for AED 1,400,000 in 2024

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24 Jul 2024SoldReady
AED 1,400,000AED 924 per sqft
14 Jul 2023RentedRenewal
AED 77,175/yr12 months · AED 51 per sqft
14 Jul 2022RentedRenewal
AED 73,500/yr12 months · AED 48 per sqft
14 Jul 2021RentedNew contract
AED 70,000/yr12 months · AED 46 per sqft
28 Jun 2021Sold by developerReady
AED 1,245,888AED 822 per sqft

Source: Dubai Land Department. Updated 24 July 2024.

Key facts

Type
3-bed apartment
Size
1,515 sqft
Floor
7th of 7
Parking
P-86
Developer
Nshmi Development
Completed
2020
Service charge
AED 25,700 /yr
Last sold
AED 1.4M · July 2024

About 719, Hayat Boulevard 1B

719 is a three-bedroom apartment of 1,515 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 24 July 2024 for AED 1,400,000, or AED 924 per sqft, in line with the AED 940 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 14 July 2023, is AED 77,175 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 25,700 a year.

Sales and rents for 719 over time

Sales
Unit 719, each saleTypical three-bed in Hayat Boulevard 1B
1.2M1.4M201720202023Typical 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)Sold, July 2024: AED 1,400,000 (AED 924 per sqft)

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

Rents
Unit 719, 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 115,000New contract, July 2021: AED 70,000 a yearRenewal, July 2022: AED 73,500 a yearRenewal, July 2023: AED 77,175 a year

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 719 sits

All 23 3-beds →

719 last sold in July 2024 at AED 924 per sqft, in line with what three-beds in Hayat Boulevard 1B were fetching at the time (AED 940). 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. 719's AED 77,175 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
21 Oct 20261,615,000
28 Oct 20241,550,000
17 Oct 20241,775,000
23 Jul 20241,500,000
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
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

719, Hayat Boulevard 1B in numbers

  • Sold twice: first on 28 June 2021 for AED 1,245,888, last on 24 July 2024 for AED 1,400,000 (AED 924 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 70,000 to AED 77,175 a year.
  • At AED 77,175 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 25,700 a year (AED 16.97 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 24 July 2024.

Questions about 719, Hayat Boulevard 1B

What did unit 719 last sell for?

AED 1,400,000 on 24 July 2024: AED 924 per sqft for 1,515 sqft. The unit has 2 registered sales; the first was AED 1,245,888 in June 2021.

What is the rent for unit 719?

AED 77,175 a year on the contract renewed on 14 July 2023. The previous contract, from July 2022, was AED 73,500; the unit has been rented since July 2021.

How big is unit 719?

1,515 sqft (140.7 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 719 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 719, Hayat Boulevard 1B

Starts from the last sale price (AED 1.4M, 24 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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