2-bed · 1,021 sqftHayat Boulevard 2A, Town Square · 3rd floor · completed 2020

312, Hayat Boulevard 2A

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 1.05M22 July 2024
Current rentAED 54K /yr16 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Hayat Boulevard 2A

What is 312 worth today?

Last sold for AED 1,050,000 in 2024

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22 Jul 2024SoldReady
AED 1,050,000AED 1,028 per sqft
16 Apr 2023RentedRenewal
AED 54,395/yr12 months · AED 54 per sqft
16 Apr 2022RentedRenewal
AED 49,450/yr12 months · AED 49 per sqft
16 Apr 2021RentedNew contract
AED 43,000/yr12 months · AED 42 per sqft
30 Mar 2021SoldReady
AED 600,000AED 587 per sqft
8 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
11 Sep 2017Sold by developerOff-plan
AED 860,888AED 852 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,021 sqft
Floor
3rd of 7
Parking
G-175
Developer
Nshmi Development
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 1.05M · July 2024

About 312, Hayat Boulevard 2A

312 is a two-bedroom apartment of 1,021 sqft on the 3rd floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 22 July 2024 for AED 1,050,000, or AED 1,028 per sqft, 8% above the AED 951 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 16 April 2023, is AED 54,395 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical two-bed in Hayat Boulevard 2A
750K1M2017202020232026Typical 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, September 2017: AED 860,888 (AED 852 per sqft)Sold, March 2021: AED 600,000 (AED 587 per sqft)Sold, July 2024: AED 1,050,000 (AED 1,028 per sqft)

312 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 312, 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, August 2020: AED 45,000 a yearNew contract, April 2021: AED 43,000 a yearRenewal, April 2022: AED 49,450 a yearRenewal, April 2023: AED 54,395 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 312 sits

All 89 2-beds →

312 last sold in July 2024 at AED 1,028 per sqft, 8% above what two-beds in Hayat Boulevard 2A were fetching at the time (AED 951). 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. 312's AED 54,395 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
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
3061-bedAED 693K · Mar 2018
3071-bedAED 626K · Apr 2021
1–7 of 27

312, Hayat Boulevard 2A in numbers

  • Sold 3 times: first on 11 September 2017 for AED 860,888, last on 22 July 2024 for AED 1,050,000 (AED 1,028 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 45,000 to AED 54,395 a year.
  • At AED 54,395 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 17,300 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 22 July 2024.

Questions about 312, Hayat Boulevard 2A

What did unit 312 last sell for?

AED 1,050,000 on 22 July 2024: AED 1,028 per sqft for 1,021 sqft. The unit has 3 registered sales; the first was AED 860,888 in September 2017.

What is the rent for unit 312?

AED 54,395 a year on the contract renewed on 16 April 2023. The previous contract, from April 2022, was AED 49,450; the unit has been rented since August 2020.

How big is unit 312?

1,021 sqft (94.9 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 312 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 312, Hayat Boulevard 2A

Starts from the last sale price (AED 1.05M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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