3-bed · 1,412 sqftHayat Boulevard 2B, Town Square · 5th floor · completed 2020

502, Hayat Boulevard 2B

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.6M20 December 2024
Current rentAED 126K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Hayat Boulevard 2B

What is 502 worth today?

Last sold for AED 1,600,000 in 2024

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1 Sep 2026RentedRenewal
AED 126,000/yr12 months · AED 89 per sqft
20 Dec 2025RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
1 Sep 2025RentedNew contract
AED 126,000/yr12 months · AED 89 per sqft
20 Dec 2024SoldReady
AED 1,600,000AED 1,133 per sqft
20 Dec 2024RentedNew contract
AED 135,923/yr8 months · AED 96 per sqft
20 Dec 2024RentedNew contract
AED 135,923/yr8 months · AED 96 per sqft
1 Sep 2024RentedRenewal
AED 95,000/yr12 months · AED 67 per sqft
1 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
3-bed apartment
Size
1,412 sqft
Floor
5th of 7
Parking
P-403
Developer
Nshmi Development
Completed
2020
Service charge
AED 24,000 /yr
Last sold
AED 1.6M · December 2024

About 502, Hayat Boulevard 2B

502 is a three-bedroom apartment of 1,412 sqft on the 5th floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 20 December 2024 for AED 1,600,000, or AED 1,133 per sqft, 11% above the AED 1,017 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 9 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 126,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, July 2018: AED 1,362,888 (AED 965 per sqft)Sold, December 2024: AED 1,600,000 (AED 1,133 per sqft)

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

Rents
Unit 502, 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 122,000New contract, September 2021: AED 70,000 a yearRenewal, September 2022: AED 78,000 a yearRenewal, September 2023: AED 85,000 a yearRenewal, September 2024: AED 95,000 a yearNew contract, December 2024: AED 135,923 a yearNew contract, December 2024: AED 135,923 a yearNew contract, September 2025: AED 126,000 a yearRenewal, December 2025: AED 130,000 a yearRenewal, September 2026: AED 126,000 a year

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 502 sits

All 22 3-beds →

502 last sold in December 2024 at AED 1,133 per sqft, 11% above what three-beds in Hayat Boulevard 2B were fetching at the time (AED 1,017). 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. 502's AED 126,000 is in the upper half of that range.

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 5th floor

All 90 units in Hayat Boulevard 2B
Value
5012-bedAED 958K · Jan 2018
5031-bedAED 681K · Mar 2018
5041-bedAED 600K · Nov 2020
5051-bedAED 646K · Jul 2021
506StudioAED 420K · Jul 2024
5071-bedAED 650K · May 2024
5083-bedAED 1M · Jul 2020
1–7 of 13

502, Hayat Boulevard 2B in numbers

  • Sold twice: first on 5 July 2018 for AED 1,362,888, last on 20 December 2024 for AED 1,600,000 (AED 1,133 per sqft).
  • Rented since September 2021 on 9 Ejari contracts, from AED 70,000 to AED 126,000 a year.
  • At AED 126,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 24,000 a year (AED 16.97 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 1 September 2026.

Questions about 502, Hayat Boulevard 2B

What did unit 502 last sell for?

AED 1,600,000 on 20 December 2024: AED 1,133 per sqft for 1,412 sqft. The unit has 2 registered sales; the first was AED 1,362,888 in July 2018.

What is the rent for unit 502?

AED 126,000 a year on the contract renewed on 1 September 2026. The previous contract, from December 2025, was AED 130,000; the unit has been rented since September 2021.

How big is unit 502?

1,412 sqft (131.2 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 502 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 502, Hayat Boulevard 2B

Starts from the last sale price (AED 1.6M, 20 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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