1-bed · 653 sqftHayat Boulevard 2B, Town Square · 4th floor · completed 2020

405, Hayat Boulevard 2B

Sold prices and rental history: sold once, by the developer in September 2020, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 16 June 2021
Last soldAED 606K16 September 2020
Current rentAED 37K /yr16 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Hayat Boulevard 2B

What is 405 worth today?

Last sold for AED 605,888 in 2020

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16 Jun 2021RentedNew contract
AED 37,200/yr12 months · AED 57 per sqft
16 Sep 2020Sold by developerReady
AED 605,888AED 928 per sqft

Source: Dubai Land Department. Updated 16 June 2021.

Key facts

Type
1-bed apartment
Size
653 sqft
Floor
4th of 7
Parking
P-323
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,100 /yr
Last sold
AED 606K · September 2020

About 405, Hayat Boulevard 2B

405 is a one-bedroom apartment of 653 sqft on the 4th floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 16 September 2020 for AED 605,888, or AED 928 per sqft, 4% below the AED 971 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 June 2021. The current contract, signed on 16 June 2021, is AED 37,200 a year: a gross yield of 6.1% on the 2020 price, before the service charge of about AED 11,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Hayat Boulevard 2B
600K620K640K20172019202120232025Typical sale price by year: 2017 AED 608,888; 2018 AED 632,888; 2020 AED 602,888; 2021 AED 645,888; 2024 AED 620,000Sold by developer, September 2020: AED 605,888 (AED 928 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Hayat Boulevard 2B
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 31,000; 2022 AED 35,000; 2023 AED 40,900; 2024 AED 53,000; 2025 AED 58,000; 2026 AED 57,250New contract, June 2021: AED 37,200 a year

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

1-beds in Hayat Boulevard 2B, and where 405 sits

All 19 1-beds →

405 last sold in September 2020 at AED 928 per sqft, 4% below what one-beds in Hayat Boulevard 2B were fetching at the time (AED 971). 405's AED 37,200 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 2025770,000
9 Apr 2025705,000
29 May 2024620,000
10 May 2024650,000
0 1-bed sales in the last 12 months

Hayat Boulevard 2B

Building

90 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 9 sold in the last 12 months.

Typical price per sqft
AED 1,151
Typical sale
AED 1.15M
Typical rent
AED 76K /yr
Typical yield
7.7%
Hayat Boulevard 2B, Town Square: prices, sales and rents →

Other units on the 4th floor

All 90 units in Hayat Boulevard 2B
Value
4012-bedAED 720K · May 2023
4023-bedAED 1.04M · Jun 2020
4031-bedAED 611K · Sep 2020
4041-bedAED 591K · Aug 2020
406StudioAED 400K · Aug 2020
4071-bedAED 591K · Aug 2020
4083-bedAED 1.01M · Aug 2020
1–7 of 13

405, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 16 September 2020 for AED 605,888, or AED 928 per sqft.
  • Rented since June 2021 on one Ejari contract, at AED 37,200 a year.
  • At AED 37,200 a year the gross yield on the 2020 price is 6.1%, before a service charge of about AED 11,100 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 16 June 2021.

Questions about 405, Hayat Boulevard 2B

What did unit 405 last sell for?

AED 605,888 on 16 September 2020, sold by the developer: AED 928 per sqft for 653 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 37,200 a year on the contract signed on 16 June 2021.

How big is unit 405?

653 sqft (60.7 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 405, Hayat Boulevard 2B

Starts from the last sale price (AED 606K, 16 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 605,888
Deposit, UAE resident (20%)
AED 121,178
Deposit, non-resident (40%)
AED 242,355
Monthly over 25 years at 3.7%
AED 2,479

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