2-bed · 994 sqftHayat Boulevard 2A, Town Square · 5th floor · completed 2020

503, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 30 December 2024
Last soldAED 873K1 May 2017
Current rentAED 75K /yr30 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Hayat Boulevard 2A

What is 503 worth today?

Last sold for AED 872,888 in 2017

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30 Dec 2024RentedNew contract
AED 75,000/yr12 months · AED 74 per sqft
1 Nov 2023RentedRenewal
AED 42,000/yr12 months · AED 42 per sqft
1 Nov 2022RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
1 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
1 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
1 May 2017Sold by developerOff-plan
AED 872,888AED 877 per sqft

Source: Dubai Land Department. Updated 30 December 2024.

Key facts

Type
2-bed apartment
Size
994 sqft
Floor
5th of 7
Parking
P-271
Developer
Nshmi Development
Completed
2020
Service charge
AED 16,900 /yr
Last sold
AED 873K · May 2017

About 503, Hayat Boulevard 2A

503 is a two-bedroom apartment of 994 sqft on the 5th floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 1 May 2017 for AED 872,888, or AED 877 per sqft, 5% below the AED 923 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 30 December 2024, is AED 75,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 16,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, May 2017: AED 872,888 (AED 877 per sqft)

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

Rents
Unit 503, 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, November 2020: AED 40,000 a yearRenewal, November 2021: AED 40,000 a yearRenewal, November 2022: AED 40,000 a yearRenewal, November 2023: AED 42,000 a yearNew contract, December 2024: AED 75,000 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 503 sits

All 89 2-beds →

503 last sold in May 2017 at AED 877 per sqft, 5% below what two-beds in Hayat Boulevard 2A were fetching at the time (AED 923). 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. 503's AED 75,000 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 5th floor

All 184 units in Hayat Boulevard 2A
Value
5012-bedAED 866K · Jan 2021
5023-bedAED 1.33M · Oct 2017
5042-bedAED 846K · Oct 2017
5052-bedAED 926K · Aug 2021
5061-bedAED 500K · Jun 2022
5071-bedAED 641K · Feb 2021
5082-bedAED 1.13M · May 2025
1–7 of 27

503, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 1 May 2017 for AED 872,888, or AED 877 per sqft.
  • Rented since November 2020 on 5 Ejari contracts, from AED 40,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 16,900 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 30 December 2024.

Questions about 503, Hayat Boulevard 2A

What did unit 503 last sell for?

AED 872,888 on 1 May 2017, sold by the developer: AED 877 per sqft for 994 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 75,000 a year on the contract signed on 30 December 2024. The previous contract, from November 2023, was AED 42,000; the unit has been rented since November 2020.

How big is unit 503?

994 sqft (92.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 503 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 503, Hayat Boulevard 2A

Starts from the last sale price (AED 873K, 1 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 872,888
Deposit, UAE resident (20%)
AED 174,578
Deposit, non-resident (40%)
AED 349,155
Monthly over 25 years at 3.7%
AED 3,571

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