1-bed · 742 sqftHayat Boulevard 2A, Town Square · 3rd floor · completed 2020

306, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 693K21 March 2018
Current rentAED 46K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Hayat Boulevard 2A

What is 306 worth today?

Last sold for AED 692,888 in 2018

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1 Nov 2024RentedRenewal
AED 45,801/yr8 months · AED 62 per sqft
1 Nov 2023RentedRenewal
AED 41,800/yr12 months · AED 56 per sqft
1 Nov 2022RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
1 Oct 2021RentedRenewal
AED 32,000/yr12 months · AED 44 per sqft
1 Oct 2020RentedNew contract
AED 32,000/yr12 months · AED 43 per sqft
21 Mar 2018Sold by developerOff-plan
AED 692,888AED 933 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
3rd of 7
Parking
G-238
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 693K · March 2018

About 306, Hayat Boulevard 2A

306 is a one-bedroom apartment of 742 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 March 2018 for AED 692,888, or AED 933 per sqft, 5% below the AED 981 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 45,801 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 12,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Hayat Boulevard 2A
600K800K2017202020232026Typical sale price by year: 2017 AED 656,888; 2018 AED 577,888; 2020 AED 607,388; 2021 AED 625,888; 2022 AED 510,000; 2023 AED 620,888; 2024 AED 695,000; 2025 AED 760,000; 2026 AED 812,500Sold by developer, March 2018: AED 692,888 (AED 933 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Hayat Boulevard 2A
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 31,693; 2022 AED 37,000; 2023 AED 42,775; 2024 AED 52,000; 2025 AED 58,000; 2026 AED 58,500New contract, October 2020: AED 32,000 a yearRenewal, October 2021: AED 32,000 a yearNew contract, November 2022: AED 38,000 a yearRenewal, November 2023: AED 41,800 a yearRenewal, November 2024: AED 45,801 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 2A, and where 306 sits

All 62 1-beds →

306 last sold in March 2018 at AED 933 per sqft, 5% below what one-beds in Hayat Boulevard 2A were fetching at the time (AED 981). Over the last 12 months one-beds sold for AED 655,590 to 850,000, around AED 1,114 per sqft, and rent for AED 30,000 to 72,000 a year. 306's AED 45,801 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Aug 2026820,000
3 Jul 2026835,000
23 May 2026805,000
14 May 2026850,000
7 1-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
3012-bedAED 866K · Dec 2020
3023-bedAED 1.1M · Sep 2020
3032-bedAED 700K · Apr 2023
3042-bedAED 800K · Jul 2020
3052-bedAED 800K · Aug 2020
3071-bedAED 626K · Apr 2021
3082-bedAED 849K · May 2021
1–7 of 27

306, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 21 March 2018 for AED 692,888, or AED 933 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 32,000 to AED 45,801 a year.
  • At AED 45,801 a year the gross yield on the 2018 price is 6.6%, before a service charge of about AED 12,600 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 2A sold for AED 655,590–850,000 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 1 November 2024.

Questions about 306, Hayat Boulevard 2A

What did unit 306 last sell for?

AED 692,888 on 21 March 2018, sold by the developer: AED 933 per sqft for 742 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 45,801 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 41,800; the unit has been rented since October 2020.

How big is unit 306?

742 sqft (68.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 306 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 2A sold for AED 655,590 to 850,000 in the last 12 months, around AED 1,114 per sqft.

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Mortgage on 306, Hayat Boulevard 2A

Starts from the last sale price (AED 693K, 21 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 692,888
Deposit, UAE resident (20%)
AED 138,578
Deposit, non-resident (40%)
AED 277,155
Monthly over 25 years at 3.7%
AED 2,835

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