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2-bed · 1,043 sqftHayat Boulevard 2A, Town Square · 7th floor · completed 2020

722, Hayat Boulevard 2A

Sold prices and rental history: sold twice, last in November 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 722 · DLD and Ejari recordsUpdated 23 November 2022
Last soldAED 830K23 November 2022
Current rentAED 52K /yr25 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 722, Hayat Boulevard 2A

What is 722 worth today?

Last sold for AED 830,000 in 2022

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23 Nov 2022SoldReady
AED 830,000AED 796 per sqft
25 Aug 2021RentedNew contract
AED 52,000/yr13 months · AED 50 per sqft
10 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft
8 Jan 2018Sold by developerOff-plan
AED 1,032,888AED 1,002 per sqft

Source: Dubai Land Department. Updated 23 November 2022.

Key facts

Type
2-bed apartment
Size
1,043 sqft
Floor
7th of 7
Parking
P-261
Developer
Nshmi Development
Completed
2020
Service charge
AED 17,700 /yr
Last sold
AED 830K · November 2022
Building
Hayat Boulevard 2A

About 722, Hayat Boulevard 2A

722 is a two-bedroom apartment of 1,043 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 23 November 2022 for AED 830,000, or AED 796 per sqft, 4% below the AED 826 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 25 August 2021, is AED 52,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 17,700 a year.

Sales and rents for 722 over time

Sales
Unit 722, 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, January 2018: AED 1,032,888 (AED 1,002 per sqft)Sold, November 2022: AED 830,000 (AED 796 per sqft)

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

Rents
Unit 722, 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 50,000 a yearNew contract, August 2021: AED 52,000 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 722 sits

All 89 2-beds →

722 last sold in November 2022 at AED 796 per sqft, 4% below what two-beds in Hayat Boulevard 2A were fetching at the time (AED 826). 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. 722's AED 52,000 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 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
7042-bedAED 985K · Oct 2024
7054-bedAED 2.35M · Aug 2024
7062-bedAED 1.18M · Feb 2025
7072-bedAED 831K · Jun 2020
1–7 of 24

722, Hayat Boulevard 2A in numbers

  • Sold twice: first on 8 January 2018 for AED 1,032,888, last on 23 November 2022 for AED 830,000 (AED 796 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 50,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 17,700 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 23 November 2022.

Questions about 722, Hayat Boulevard 2A

What did unit 722 last sell for?

AED 830,000 on 23 November 2022: AED 796 per sqft for 1,043 sqft. The unit has 2 registered sales; the first was AED 1,032,888 in January 2018.

What is the rent for unit 722?

AED 52,000 a year on the contract signed on 25 August 2021. The previous contract, from August 2020, was AED 50,000.

How big is unit 722?

1,043 sqft (96.9 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 722 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 722, Hayat Boulevard 2A

Starts from the last sale price (AED 830K, 23 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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