2-bed · 904 sqftHayat Boulevard 2A, Town Square · 6th floor · completed 2020

623, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 11 July 2017
Last soldAED 904K11 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Hayat Boulevard 2A

What is 623 worth today?

Last sold for AED 903,888 in 2017

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11 Jul 2017Sold by developerOff-plan
AED 903,888AED 999 per sqft

Source: Dubai Land Department. Updated 11 July 2017.

Key facts

Type
2-bed apartment
Size
904 sqft
Floor
6th of 7
Parking
P-273
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 904K · July 2017

About 623, Hayat Boulevard 2A

623 is a two-bedroom apartment of 904 sqft on the 6th floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 11 July 2017 for AED 903,888, or AED 999 per sqft, 7% above the AED 936 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 623 over time

Sales
Unit 623, 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 2017: AED 903,888 (AED 999 per sqft)

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

Rents
Unit 623, 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 80,000

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 623 sits

All 89 2-beds →

623 last sold in July 2017 at AED 999 per sqft, 7% above what two-beds in Hayat Boulevard 2A were fetching at the time (AED 936). 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.

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 6th floor

All 184 units in Hayat Boulevard 2A
Value
6012-bedAED 869K · Jan 2021
6023-bedAED 1.31M · Jan 2021
6032-bedAED 930K · May 2024
6042-bedAED 871K · Apr 2021
6051-bedAED 651K · Mar 2021
6061-bedAED 705K · Sep 2017
6072-bedAED 1M · Nov 2024
1–7 of 24

623, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 11 July 2017 for AED 903,888, or AED 999 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 11 July 2017.

Questions about 623, Hayat Boulevard 2A

What did unit 623 last sell for?

AED 903,888 on 11 July 2017, sold by the developer: AED 999 per sqft for 904 sqft. It is the only registered sale of the unit.

How big is unit 623?

904 sqft (84.0 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 623 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 623, Hayat Boulevard 2A

Starts from the last sale price (AED 904K, 11 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 903,888
Deposit, UAE resident (20%)
AED 180,778
Deposit, non-resident (40%)
AED 361,555
Monthly over 25 years at 3.7%
AED 3,698

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