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3-bed · 1,514 sqftHayat Boulevard 2A, Town Square · 7th floor · completed 2020

702, Hayat Boulevard 2A

Sold prices and rental history: sold twice, last in April 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 7 April 2023
Last soldAED 1.35M7 April 2023
Current rentAED 70K /yr7 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Hayat Boulevard 2A

What is 702 worth today?

Last sold for AED 1,350,000 in 2023

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7 Apr 2023SoldReady
AED 1,350,000AED 891 per sqft
7 Nov 2021RentedRenewal
AED 70,000/yr12 months · AED 46 per sqft
7 Nov 2020RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
18 Dec 2017Sold by developerOff-plan
AED 1,354,888AED 895 per sqft

Source: Dubai Land Department. Updated 7 April 2023.

Key facts

Type
3-bed apartment
Size
1,514 sqft
Floor
7th of 7
Parking
P-236
Developer
Nshmi Development
Completed
2020
Service charge
AED 25,700 /yr
Last sold
AED 1.35M · April 2023
Building
Hayat Boulevard 2A

About 702, Hayat Boulevard 2A

702 is a three-bedroom apartment of 1,514 sqft on the 7th floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 7 April 2023 for AED 1,350,000, or AED 891 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 7 November 2021, is AED 70,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Hayat Boulevard 2A
1.2M1.4M20172019202120232025Typical sale price by year: 2017 AED 1,310,888; 2020 AED 1,149,888; 2021 AED 1,245,888; 2024 AED 1,400,000Sold by developer, December 2017: AED 1,354,888 (AED 895 per sqft)Sold, April 2023: AED 1,350,000 (AED 891 per sqft)

702 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 702, each contractTypical three-bed in Hayat Boulevard 2A
75K100K125K2020202220242026Typical rent by year: 2021 AED 70,000; 2022 AED 75,000; 2023 AED 87,500; 2024 AED 114,345; 2025 AED 120,000; 2026 AED 117,500New contract, November 2020: AED 65,000 a yearRenewal, November 2021: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Hayat Boulevard 2A, and where 702 sits

All 19 3-beds →

Over the last 12 months three-beds sold for AED 2,900,000, around AED 1,915 per sqft, and rent for AED 88,515 to 135,000 a year. 702's AED 70,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
24 Nov 20252,900,000
16 Jun 20251,950,000
1 Oct 20241,350,888
1 Oct 20241,470,000
1 3-bed sale 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 7th floor

All 184 units in Hayat Boulevard 2A
Value
7012-bedAED 938K · Oct 2017
7032-bedAED 841K · Jul 2017
7042-bedAED 985K · Oct 2024
7054-bedAED 2.35M · Aug 2024
7062-bedAED 1.18M · Feb 2025
7072-bedAED 831K · Jun 2020
7082-bedAED 826K · Jul 2020
1–7 of 24

702, Hayat Boulevard 2A in numbers

  • Sold twice: first on 18 December 2017 for AED 1,354,888, last on 7 April 2023 for AED 1,350,000 (AED 891 per sqft).
  • Rented since November 2020 on 2 Ejari contracts, from AED 65,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 25,700 a year (AED 16.97 per sqft).
  • Three-beds in Hayat Boulevard 2A sold for AED 2,900,000–2,900,000 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 7 April 2023.

Questions about 702, Hayat Boulevard 2A

What did unit 702 last sell for?

AED 1,350,000 on 7 April 2023: AED 891 per sqft for 1,514 sqft. The unit has 2 registered sales; the first was AED 1,354,888 in December 2017.

What is the rent for unit 702?

AED 70,000 a year on the contract renewed on 7 November 2021. The previous contract, from November 2020, was AED 65,000.

How big is unit 702?

1,514 sqft (140.7 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 2A sold for AED 2,900,000 to 2,900,000 in the last 12 months, around AED 1,915 per sqft.

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Mortgage on 702, Hayat Boulevard 2A

Starts from the last sale price (AED 1.35M, 7 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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