3-bed · 1,405 sqftHayat Boulevard 2B, Town Square · 4th floor · completed 2020

408, Hayat Boulevard 2B

Sold prices and rental history: sold once, by the developer in August 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 4 August 2020
Last soldAED 1.01M4 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Hayat Boulevard 2B

What is 408 worth today?

Last sold for AED 1,010,888 in 2020

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4 Aug 2020Sold by developerReady
AED 1,010,888AED 719 per sqft

Source: Dubai Land Department. Updated 4 August 2020.

Key facts

Type
3-bed apartment
Size
1,405 sqft
Floor
4th of 7
Parking
P-405 , G-300
Developer
Nshmi Development
Completed
2020
Service charge
AED 23,800 /yr
Last sold
AED 1.01M · August 2020

About 408, Hayat Boulevard 2B

408 is a three-bedroom apartment of 1,405 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 4 August 2020 for AED 1,010,888, or AED 719 per sqft, in line with the AED 731 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical three-bed in Hayat Boulevard 2B
1M1.5M2018202120242027Typical sale price by year: 2018 AED 1,417,888; 2020 AED 1,023,388; 2021 AED 1,180,888; 2023 AED 1,250,000; 2024 AED 1,450,000; 2026 AED 1,710,000Sold by developer, August 2020: AED 1,010,888 (AED 719 per sqft)

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

Rents
Unit 408, each contractTypical three-bed in Hayat Boulevard 2B
100K2020202220242026Typical rent by year: 2020 AED 64,808; 2021 AED 70,000; 2022 AED 74,500; 2023 AED 82,000; 2024 AED 100,000; 2025 AED 115,000; 2026 AED 122,000

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

3-beds in Hayat Boulevard 2B, and where 408 sits

All 22 3-beds →

408 last sold in August 2020 at AED 719 per sqft, in line with what three-beds in Hayat Boulevard 2B were fetching at the time (AED 731). Over the last 12 months three-beds sold for AED 1,700,000 to 2,150,000, around AED 1,248 per sqft, and rent for AED 80,850 to 135,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
3 Aug 20262,150,000
3 Jun 20261,700,000
2 Apr 20261,710,000
18 Mar 20251,650,888
3 3-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
4071-bedAED 591K · Aug 2020
1–7 of 13

408, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 4 August 2020 for AED 1,010,888, or AED 719 per sqft.
  • Three-beds in Hayat Boulevard 2B sold for AED 1,700,000–2,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,151 per sqft.

Source: Dubai Land Department. Updated 4 August 2020.

Questions about 408, Hayat Boulevard 2B

What did unit 408 last sell for?

AED 1,010,888 on 4 August 2020, sold by the developer: AED 719 per sqft for 1,405 sqft. It is the only registered sale of the unit.

How big is unit 408?

1,405 sqft (130.5 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Boulevard 2B sold for AED 1,700,000 to 2,150,000 in the last 12 months, around AED 1,248 per sqft.

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Mortgage on 408, Hayat Boulevard 2B

Starts from the last sale price (AED 1.01M, 4 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,010,888
Deposit, UAE resident (20%)
AED 202,178
Deposit, non-resident (40%)
AED 404,355
Monthly over 25 years at 3.7%
AED 4,136

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