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2-bed · 935 sqftHayat Boulevard 2A, Town Square · 3rd floor · completed 2020

301, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 866K21 December 2020
Current rentAED 78K /yr18 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301, Hayat Boulevard 2A

What is 301 worth today?

Last sold for AED 865,888 in 2020

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18 Apr 2024RentedNew contract
AED 78,000/yr12 months · AED 83 per sqft
5 Mar 2023RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
5 Mar 2022RentedRenewal
AED 48,400/yr12 months · AED 52 per sqft
5 Mar 2021RentedNew contract
AED 44,000/yr12 months · AED 47 per sqft
21 Dec 2020Sold by developerReady
AED 865,888AED 926 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
3rd of 7
Parking
G-182
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 866K · December 2020
Building
Hayat Boulevard 2A

About 301, Hayat Boulevard 2A

301 is a two-bedroom apartment of 935 sqft on the 3rd floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 21 December 2020 for AED 865,888, or AED 926 per sqft, in line with the AED 910 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 18 April 2024, is AED 78,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 15,900 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, December 2020: AED 865,888 (AED 926 per sqft)

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

Rents
Unit 301, 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, March 2021: AED 44,000 a yearRenewal, March 2022: AED 48,400 a yearRenewal, March 2023: AED 55,000 a yearNew contract, April 2024: AED 78,000 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 301 sits

All 89 2-beds →

301 last sold in December 2020 at AED 926 per sqft, in line with what two-beds in Hayat Boulevard 2A were fetching at the time (AED 910). 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. 301's AED 78,000 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 3rd floor

All 184 units in Hayat Boulevard 2A
Value
3023-bedAED 1.1M · Sep 2020
3032-bedAED 700K · Apr 2023
3042-bedAED 800K · Jul 2020
3052-bedAED 800K · Aug 2020
3061-bedAED 693K · Mar 2018
3071-bedAED 626K · Apr 2021
3082-bedAED 849K · May 2021
1–7 of 27

301, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 21 December 2020 for AED 865,888, or AED 926 per sqft.
  • Rented since March 2021 on 4 Ejari contracts, from AED 44,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 15,900 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 18 April 2024.

Questions about 301, Hayat Boulevard 2A

What did unit 301 last sell for?

AED 865,888 on 21 December 2020, sold by the developer: AED 926 per sqft for 935 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 78,000 a year on the contract signed on 18 April 2024. The previous contract, from March 2023, was AED 55,000; the unit has been rented since March 2021.

How big is unit 301?

935 sqft (86.9 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 301 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.

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Mortgage on 301, Hayat Boulevard 2A

Starts from the last sale price (AED 866K, 21 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 865,888
Deposit, UAE resident (20%)
AED 173,178
Deposit, non-resident (40%)
AED 346,355
Monthly over 25 years at 3.7%
AED 3,543

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