Home
Dubai prices
About
Research
2-bed · 895 sqftHayat Boulevard 2A, Town Square · 1st floor · completed 2020

116, Hayat Boulevard 2A

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

Unit 116 · DLD and Ejari recordsUpdated 7 November 2023
Last soldAED 789K19 July 2020
Current rentAED 54K /yr7 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 116

Property timeline for 116, Hayat Boulevard 2A

What is 116 worth today?

Last sold for AED 788,888 in 2020

Unlock today's estimate, updated daily, with

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

7 Nov 2023RentedRenewal
AED 54,450/yr12 months · AED 61 per sqft
7 Nov 2022RentedRenewal
AED 49,500/yr12 months · AED 55 per sqft
7 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 50 per sqft
20 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
19 Jul 2020Sold by developerReady
AED 788,888AED 881 per sqft

Source: Dubai Land Department. Updated 7 November 2023.

Key facts

Type
2-bed apartment
Size
895 sqft
Floor
1st of 7
Parking
P-216
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,200 /yr
Last sold
AED 789K · July 2020
Building
Hayat Boulevard 2A

About 116, Hayat Boulevard 2A

116 is a two-bedroom apartment of 895 sqft on the 1st floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 19 July 2020 for AED 788,888, or AED 881 per sqft, in line with the AED 896 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 7 November 2023, is AED 54,450 a year: a gross yield of 6.9% on the 2020 price, before the service charge of about AED 15,200 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Hayat Boulevard 2A
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 899,388; 2018 AED 886,888; 2020 AED 820,888; 2021 AED 867,388; 2022 AED 783,000; 2023 AED 762,500; 2024 AED 1,000,000; 2025 AED 1,127,500; 2026 AED 1,150,000Sold by developer, July 2020: AED 788,888 (AED 881 per sqft)

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

Rents
Unit 116, each contractTypical two-bed in Hayat Boulevard 2A
40K60K80K2020202220242026Typical rent by year: 2020 AED 44,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 56,000; 2024 AED 68,000; 2025 AED 78,000; 2026 AED 80,000New contract, October 2020: AED 40,000 a yearNew contract, November 2021: AED 45,000 a yearRenewal, November 2022: AED 49,500 a yearRenewal, November 2023: AED 54,450 a year

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

2-beds in Hayat Boulevard 2A, and where 116 sits

All 89 2-beds →

116 last sold in July 2020 at AED 881 per sqft, in line with what two-beds in Hayat Boulevard 2A were fetching at the time (AED 896). Over the last 12 months two-beds sold for AED 980,000 to 1,450,000, around AED 1,210 per sqft, and rent for AED 50,874 to 115,000 a year. 116's AED 54,450 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 2026980,000
10 Sep 20261,200,000
27 Jul 20261,100,000
23 Apr 20261,150,000
7 2-bed sales in the last 12 months

Hayat Boulevard 2A

Building

184 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 16 sold in the last 12 months.

Typical price per sqft
AED 1,209 Up 1.6%
Typical sale
AED 915K
Typical rent
AED 68K /yr
Typical yield
7.1%
Hayat Boulevard 2A, Town Square: prices, sales and rents →

Other units on the 1st floor

All 184 units in Hayat Boulevard 2A
Value
1012-bedAED 350K · May 2021
1023-bedAED 1.43M · Apr 2023
1032-bedAED 908K · Apr 2017
1042-bedAED 816K · Jun 2020
1052-bedAED 1.13M · Jul 2024
1061-bedAED 440K · Oct 2020
1071-bedAED 701K · Mar 2017
1–7 of 22

116, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 19 July 2020 for AED 788,888, or AED 881 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 40,000 to AED 54,450 a year.
  • At AED 54,450 a year the gross yield on the 2020 price is 6.9%, before a service charge of about AED 15,200 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 2A sold for AED 980,000–1,450,000 in the 12 months to November 2026; the building's median across all types is AED 1,209 per sqft.

Source: Dubai Land Department. Updated 7 November 2023.

Questions about 116, Hayat Boulevard 2A

What did unit 116 last sell for?

AED 788,888 on 19 July 2020, sold by the developer: AED 881 per sqft for 895 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 54,450 a year on the contract renewed on 7 November 2023. The previous contract, from November 2022, was AED 49,500; the unit has been rented since October 2020.

How big is unit 116?

895 sqft (83.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2020.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hayat Boulevard 2A sold for AED 980,000 to 1,450,000 in the last 12 months, around AED 1,210 per sqft.

Selling 116? 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 116, Hayat Boulevard 2A

Starts from the last sale price (AED 789K, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 788,888
Deposit, UAE resident (20%)
AED 157,778
Deposit, non-resident (40%)
AED 315,555
Monthly over 25 years at 3.7%
AED 3,228

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