2-bed · 1,088 sqftHayat Boulevard 2B, Town Square · 5th floor · completed 2020

509, Hayat Boulevard 2B

Sold prices and rental history: sold once, by the developer in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 28 February 2021
Last soldAED 846K28 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Hayat Boulevard 2B

What is 509 worth today?

Last sold for AED 845,888 in 2021

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28 Feb 2021Sold by developerReady
AED 845,888AED 777 per sqft

Source: Dubai Land Department. Updated 28 February 2021.

Key facts

Type
2-bed apartment
Size
1,088 sqft
Floor
5th of 7
Parking
P-337
Developer
Nshmi Development
Completed
2020
Service charge
AED 18,500 /yr
Last sold
AED 846K · February 2021

About 509, Hayat Boulevard 2B

509 is a two-bedroom apartment of 1,088 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 28 February 2021 for AED 845,888, or AED 777 per sqft, 13% below the AED 892 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Hayat Boulevard 2B
800K1M2017202020232026Typical sale price by year: 2017 AED 925,888; 2018 AED 903,888; 2020 AED 851,888; 2021 AED 852,888; 2022 AED 720,000; 2023 AED 785,000; 2024 AED 997,500; 2026 AED 1,115,000Sold by developer, February 2021: AED 845,888 (AED 777 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in Hayat Boulevard 2B
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 51,700; 2023 AED 62,825; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 82,000

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

2-beds in Hayat Boulevard 2B, and where 509 sits

All 40 2-beds →

509 last sold in February 2021 at AED 777 per sqft, 13% below what two-beds in Hayat Boulevard 2B were fetching at the time (AED 892). Over the last 12 months two-beds sold for AED 950,000 to 1,225,000, around AED 1,149 per sqft, and rent for AED 50,000 to 100,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Sep 20261,225,000
27 Jul 20261,080,000
22 Apr 20261,150,000
7 Apr 2026950,000
6 2-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

509, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 28 February 2021 for AED 845,888, or AED 777 per sqft.
  • Two-beds in Hayat Boulevard 2B sold for AED 950,000–1,225,000 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 28 February 2021.

Questions about 509, Hayat Boulevard 2B

What did unit 509 last sell for?

AED 845,888 on 28 February 2021, sold by the developer: AED 777 per sqft for 1,088 sqft. It is the only registered sale of the unit.

How big is unit 509?

1,088 sqft (101.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hayat Boulevard 2B sold for AED 950,000 to 1,225,000 in the last 12 months, around AED 1,149 per sqft.

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Mortgage on 509, Hayat Boulevard 2B

Starts from the last sale price (AED 846K, 28 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 845,888
Deposit, UAE resident (20%)
AED 169,178
Deposit, non-resident (40%)
AED 338,355
Monthly over 25 years at 3.7%
AED 3,461

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