1-bed · 608 sqftHayat Boulevard 2B, Town Square · 4th floor · completed 2020

407, Hayat Boulevard 2B

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

Unit 407 · DLD and Ejari recordsUpdated 31 May 2026
Last soldAED 591K9 August 2020
Current rentAED 58K /yr31 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Hayat Boulevard 2B

What is 407 worth today?

Last sold for AED 590,888 in 2020

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31 May 2026RentedRenewal
AED 58,000/yr12 months · AED 95 per sqft
31 May 2025RentedNew contract
AED 58,000/yr12 months · AED 95 per sqft
31 May 2025RentedNew contract
AED 58,000/yr12 months · AED 95 per sqft
20 May 2024RentedNew contract
AED 50,000/yr12 months · AED 81 per sqft
15 Nov 2023RentedRenewal
AED 40,000/yr12 months · AED 65 per sqft
15 Nov 2022RentedRenewal
AED 33,000/yr12 months · AED 54 per sqft
15 Nov 2021RentedRenewal
AED 32,000/yr12 months · AED 52 per sqft
15 Nov 2020RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 31 May 2026.

Key facts

Type
1-bed apartment
Size
608 sqft
Floor
4th of 7
Parking
P-324
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 591K · August 2020

About 407, Hayat Boulevard 2B

407 is a one-bedroom apartment of 608 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 9 August 2020 for AED 590,888, or AED 971 per sqft, in line with the AED 974 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 31 May 2026, is AED 58,000 a year: a gross yield of 9.8% on the 2020 price, before the service charge of about AED 10,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Hayat Boulevard 2B
600K625K650K20172019202120232025Typical 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, August 2020: AED 590,888 (AED 971 per sqft)

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

Rents
Unit 407, 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, November 2020: AED 28,000 a yearRenewal, November 2021: AED 32,000 a yearRenewal, November 2022: AED 33,000 a yearRenewal, November 2023: AED 40,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, May 2025: AED 58,000 a yearNew contract, May 2025: AED 58,000 a yearRenewal, May 2026: AED 58,000 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 407 sits

All 19 1-beds →

407 last sold in August 2020 at AED 971 per sqft, in line with what one-beds in Hayat Boulevard 2B were fetching at the time (AED 974). 407's AED 58,000 is in the upper half 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
4051-bedAED 606K · Sep 2020
406StudioAED 400K · Aug 2020
4083-bedAED 1.01M · Aug 2020
1–7 of 13

407, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 9 August 2020 for AED 590,888, or AED 971 per sqft.
  • Rented since November 2020 on 8 Ejari contracts, from AED 28,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2020 price is 9.8%, before a service charge of about AED 10,300 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 31 May 2026.

Questions about 407, Hayat Boulevard 2B

What did unit 407 last sell for?

AED 590,888 on 9 August 2020, sold by the developer: AED 971 per sqft for 608 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 58,000 a year on the contract renewed on 31 May 2026. The previous contract, from May 2025, was AED 58,000; the unit has been rented since November 2020.

How big is unit 407?

608 sqft (56.5 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 407 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 407, Hayat Boulevard 2B

Starts from the last sale price (AED 591K, 9 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 590,888
Deposit, UAE resident (20%)
AED 118,178
Deposit, non-resident (40%)
AED 236,355
Monthly over 25 years at 3.7%
AED 2,418

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