Studio · 314 sqftHayat Boulevard 2B, Town Square · 4th floor · completed 2020

406, Hayat Boulevard 2B

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

Unit 406 · DLD and Ejari recordsUpdated 2 December 2025
Last soldAED 400K31 August 2020
Current rentAED 42K /yr2 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Hayat Boulevard 2B

What is 406 worth today?

Last sold for AED 399,888 in 2020

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2 Dec 2025RentedNew contract
AED 42,000/yr12 months · AED 135 per sqft
26 May 2025RentedNew contract
AED 38,000/yr6 months · AED 121 per sqft
19 Apr 2024RentedNew contract
AED 36,000/yr12 months · AED 115 per sqft
5 Apr 2023RentedRenewal
AED 23,000/yr12 months · AED 73 per sqft
5 Apr 2022RentedRenewal
AED 20,000/yr12 months · AED 64 per sqft
5 Apr 2021RentedNew contract
AED 19,000/yr12 months · AED 61 per sqft
31 Aug 2020Sold by developerReady
AED 399,888AED 1,274 per sqft

Source: Dubai Land Department. Updated 2 December 2025.

Key facts

Type
Studio apartment
Size
314 sqft
Floor
4th of 7
Parking
P-355
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 400K · August 2020

About 406, Hayat Boulevard 2B

406 is a studio of 314 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 31 August 2020 for AED 399,888, or AED 1,274 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 2 December 2025, is AED 42,000 a year: a gross yield of 10.5% on the 2020 price, before the service charge of about AED 5,300 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Hayat Boulevard 2B
400K450K202020222024Typical sale price by year: 2021 AED 410,888; 2024 AED 461,000Sold by developer, August 2020: AED 399,888 (AED 1,274 per sqft)

406 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Hayat Boulevard 2B
20K40K2021202320252027Typical rent by year: 2021 AED 20,000; 2022 AED 24,000; 2023 AED 30,000; 2024 AED 32,454; 2025 AED 37,500; 2026 AED 38,949New contract, April 2021: AED 19,000 a yearRenewal, April 2022: AED 20,000 a yearRenewal, April 2023: AED 23,000 a yearNew contract, April 2024: AED 36,000 a yearNew contract, May 2025: AED 38,000 a yearNew contract, December 2025: AED 42,000 a year

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

Studios in Hayat Boulevard 2B, and where 406 sits

All 8 studios →

406's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Apr 2025480,000
23 Oct 2024461,000
24 Jul 2024420,000
26 Jan 2024760,000
0 studio 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
4051-bedAED 606K · Sep 2020
4071-bedAED 591K · Aug 2020
4083-bedAED 1.01M · Aug 2020
1–7 of 13

406, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 31 August 2020 for AED 399,888, or AED 1,274 per sqft.
  • Rented since April 2021 on 6 Ejari contracts, from AED 19,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 10.5%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 2 December 2025.

Questions about 406, Hayat Boulevard 2B

What did unit 406 last sell for?

AED 399,888 on 31 August 2020, sold by the developer: AED 1,274 per sqft for 314 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 42,000 a year on the contract signed on 2 December 2025. The previous contract, from May 2025, was AED 38,000; the unit has been rented since April 2021.

How big is unit 406?

314 sqft (29.2 sqm): a studio on the 4th floor of a 7-storey tower completed in 2020.

What is unit 406 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 406, Hayat Boulevard 2B

Starts from the last sale price (AED 400K, 31 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 399,888
Deposit, UAE resident (20%)
AED 79,978
Deposit, non-resident (40%)
AED 159,955
Monthly over 25 years at 3.7%
AED 1,636

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