3-bed · 1,405 sqftHayat Boulevard 2B, Town Square · 5th floor · completed 2020

508, Hayat Boulevard 2B

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

Unit 508 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1M19 July 2020
Current rentAED 125K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Hayat Boulevard 2B

What is 508 worth today?

Last sold for AED 1,001,888 in 2020

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1 Jul 2025RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
1 Jul 2025RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
2 Jan 2025RentedRenewal
AED 110,000/yr12 months · AED 79 per sqft
2 Jan 2024RentedRenewal
AED 100,000/yr12 months · AED 71 per sqft
2 Jan 2023RentedRenewal
AED 84,000/yr12 months · AED 60 per sqft
2 Jan 2022RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
23 Aug 2021RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
19 Jul 2020Sold by developerReady
AED 1,001,888AED 713 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
3-bed apartment
Size
1,405 sqft
Floor
5th of 7
Parking
P-402 , G-305
Developer
Nshmi Development
Completed
2020
Service charge
AED 23,800 /yr
Last sold
AED 1M · July 2020

About 508, Hayat Boulevard 2B

508 is a three-bedroom apartment of 1,405 sqft on the 5th floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 19 July 2020 for AED 1,001,888, or AED 713 per sqft, in line with the AED 734 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 July 2025, is AED 125,000 a year: a gross yield of 12.5% on the 2020 price, before the service charge of about AED 23,800 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 2020: AED 1,001,888 (AED 713 per sqft)

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

Rents
Unit 508, 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, August 2021: AED 80,000 a yearNew contract, January 2022: AED 80,000 a yearRenewal, January 2023: AED 84,000 a yearRenewal, January 2024: AED 100,000 a yearRenewal, January 2025: AED 110,000 a yearNew contract, July 2025: AED 125,000 a yearNew contract, July 2025: AED 125,000 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 508 sits

All 22 3-beds →

508 last sold in July 2020 at AED 713 per sqft, in line with what three-beds in Hayat Boulevard 2B were fetching at the time (AED 734). 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. 508's AED 125,000 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
5023-bedAED 1.6M · Dec 2024
5031-bedAED 681K · Mar 2018
5041-bedAED 600K · Nov 2020
5051-bedAED 646K · Jul 2021
506StudioAED 420K · Jul 2024
5071-bedAED 650K · May 2024
1–7 of 13

508, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 19 July 2020 for AED 1,001,888, or AED 713 per sqft.
  • Rented since August 2021 on 7 Ejari contracts, from AED 80,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 12.5%, before a service charge of about AED 23,800 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 July 2025.

Questions about 508, Hayat Boulevard 2B

What did unit 508 last sell for?

AED 1,001,888 on 19 July 2020, sold by the developer: AED 713 per sqft for 1,405 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 125,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 125,000; the unit has been rented since August 2021.

How big is unit 508?

1,405 sqft (130.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 508 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 508, Hayat Boulevard 2B

Starts from the last sale price (AED 1M, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,001,888
Deposit, UAE resident (20%)
AED 200,378
Deposit, non-resident (40%)
AED 400,755
Monthly over 25 years at 3.7%
AED 4,099

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