506, Hayat Boulevard 2B
Sold prices and rental history: sold twice, last in July 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Hayat Boulevard 2B
What is 506 worth today?
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Source: Dubai Land Department. Updated 24 July 2024.
Key facts
- Type
- Studio apartment
- Size
- 314 sqft
- Floor
- 5th of 7
- Parking
- G-275
- Developer
- Nshmi Development
- Completed
- 2020
- Service charge
- AED 5,300 /yr
- Last sold
- AED 420K · July 2024
- Building
- Hayat Boulevard 2B
About 506, Hayat Boulevard 2B
506 is a studio of 314 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 24 July 2024 for AED 420,000, or AED 1,338 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 January 2023, is AED 30,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 5,300 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the studio median of each year in the building.
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 506 sits
All 8 studios →506's AED 30,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Apr 202518 April 2025 | 313 sqft | 480,000 | 1,535 | ||
| 23 Oct 202423 October 2024 | 314 sqft | 461,000 | 1,469 | ||
| 26 Jan 202426 January 2024 | 356 sqft | 760,000 | 2,132 | ||
| 11 Jul 202111 July 2021 | 314 sqft | 410,888 | 1,309 |
Hayat Boulevard 2B
Building90 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%
Other units on the 5th floor
All 90 units in Hayat Boulevard 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 939 sqft | AED 958KAED 957,888 · Jan 2018January 2018 | 85,000 /yr | |
| 502 | 3-bed | 1,412 sqft | AED 1.6MAED 1,600,000 · Dec 2024December 2024 | 126,000 /yr | |
| 503 | 1-bed | 657 sqft | AED 681KAED 680,888 · Mar 2018March 2018 | 58,000 /yr | |
| 504 | 1-bed | 600 sqft | AED 600KAED 599,888 · Nov 2020November 2020 | 57,000 /yr | |
| 505 | 1-bed | 653 sqft | AED 646KAED 645,888 · Jul 2021July 2021 | 51,000 /yr | |
| 507 | 1-bed | 608 sqft | AED 650KAED 650,000 · May 2024May 2024 | 50,000 /yr | |
| 508 | 3-bed | 1,405 sqft | AED 1MAED 1,001,888 · Jul 2020July 2020 | 125,000 /yr | |
| 509 | 2-bed | 1,088 sqft | AED 846KAED 845,888 · Feb 2021February 2021 | ||
| 510 | 2-bed | 927 sqft | AED 853KAED 852,888 · Jan 2021January 2021 | 47,500 /yr | |
| 511 | 3-bed | 1,362 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 130,000 /yr | |
| 512 | 2-bed | 1,083 sqft | AED 1.13MAED 1,125,000 · Oct 2024October 2024 | ||
| 513 | 2-bed | 896 sqft | AED 926KAED 925,888 · Dec 2017December 2017 | 85,000 /yr | |
| 514 | 2-bed | 940 sqft | AED 1.06MAED 1,060,000 · Jun 2025June 2025 | 82,000 /yr |
506, Hayat Boulevard 2B in numbers
- Sold twice: first on 5 April 2018 for AED 437,888, last on 24 July 2024 for AED 420,000 (AED 1,338 per sqft).
- Rented since January 2021 on 3 Ejari contracts, from AED 21,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 5,300 a year (AED 16.97 per sqft).
Source: Dubai Land Department. Updated 24 July 2024.
Questions about 506, Hayat Boulevard 2B
What did unit 506 last sell for?
AED 420,000 on 24 July 2024: AED 1,338 per sqft for 314 sqft. The unit has 2 registered sales; the first was AED 437,888 in April 2018.
What is the rent for unit 506?
AED 30,000 a year on the contract signed on 5 January 2023. The previous contract, from January 2022, was AED 25,000; the unit has been rented since January 2021.
How big is unit 506?
314 sqft (29.2 sqm): a studio on the 5th floor of a 7-storey tower completed in 2020.
What is unit 506 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 506, Hayat Boulevard 2B
Starts from the last sale price (AED 420K, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →