2-bed · 880 sqftHayat Boulevard 2A, Town Square · 7th floor · completed 2020

704, Hayat Boulevard 2A

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

Unit 704 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 985K15 October 2024
Current rentAED 50K /yr20 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Hayat Boulevard 2A

What is 704 worth today?

Last sold for AED 985,000 in 2024

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15 Oct 2024SoldReady
AED 985,000AED 1,119 per sqft
20 Oct 2023RentedNew contract
AED 49,500/yr12 months · AED 56 per sqft
16 Oct 2022RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
16 Oct 2021RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
16 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
22 Jul 2020Sold by developerReady
AED 799,888AED 909 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
2-bed apartment
Size
880 sqft
Floor
7th of 7
Parking
P-245
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 985K · October 2024

About 704, Hayat Boulevard 2A

704 is a two-bedroom apartment of 880 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 15 October 2024 for AED 985,000, or AED 1,119 per sqft, 10% above the AED 1,015 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 October 2023, is AED 49,500 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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 2020: AED 799,888 (AED 909 per sqft)Sold, October 2024: AED 985,000 (AED 1,119 per sqft)

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

Rents
Unit 704, 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, October 2020: AED 40,000 a yearRenewal, October 2021: AED 40,000 a yearRenewal, October 2022: AED 45,000 a yearNew contract, October 2023: AED 49,500 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 704 sits

All 89 2-beds →

704 last sold in October 2024 at AED 1,119 per sqft, 10% above what two-beds in Hayat Boulevard 2A were fetching at the time (AED 1,015). 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. 704's AED 49,500 is at the bottom 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 7th floor

All 184 units in Hayat Boulevard 2A
Value
7012-bedAED 938K · Oct 2017
7023-bedAED 1.35M · Apr 2023
7032-bedAED 841K · Jul 2017
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

704, Hayat Boulevard 2A in numbers

  • Sold twice: first on 22 July 2020 for AED 799,888, last on 15 October 2024 for AED 985,000 (AED 1,119 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 40,000 to AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 14,900 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 15 October 2024.

Questions about 704, Hayat Boulevard 2A

What did unit 704 last sell for?

AED 985,000 on 15 October 2024: AED 1,119 per sqft for 880 sqft. The unit has 2 registered sales; the first was AED 799,888 in July 2020.

What is the rent for unit 704?

AED 49,500 a year on the contract signed on 20 October 2023. The previous contract, from October 2022, was AED 45,000; the unit has been rented since October 2020.

How big is unit 704?

880 sqft (81.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 704 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 704, Hayat Boulevard 2A

Starts from the last sale price (AED 985K, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 985,000
Deposit, UAE resident (20%)
AED 197,000
Deposit, non-resident (40%)
AED 394,000
Monthly over 25 years at 3.7%
AED 4,030

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