2-bed · 927 sqftHayat Boulevard 2B, Town Square · 5th floor · completed 2020

510, Hayat Boulevard 2B

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

Unit 510 · DLD and Ejari recordsUpdated 1 May 2022
Last soldAED 853K18 January 2021
Current rentAED 48K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Hayat Boulevard 2B

What is 510 worth today?

Last sold for AED 852,888 in 2021

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1 May 2022RentedNew contract
AED 47,500/yr12 months · AED 51 per sqft
1 May 2021RentedNew contract
AED 42,500/yr12 months · AED 46 per sqft
18 Jan 2021Sold by developerReady
AED 852,888AED 919 per sqft

Source: Dubai Land Department. Updated 1 May 2022.

Key facts

Type
2-bed apartment
Size
927 sqft
Floor
5th of 7
Parking
P-338
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,700 /yr
Last sold
AED 853K · January 2021

About 510, Hayat Boulevard 2B

510 is a two-bedroom apartment of 927 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 18 January 2021 for AED 852,888, or AED 919 per sqft, 5% above the AED 879 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 May 2022, is AED 47,500 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 15,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, January 2021: AED 852,888 (AED 919 per sqft)

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

Rents
Unit 510, 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 82,000New contract, May 2021: AED 42,500 a yearNew contract, May 2022: AED 47,500 a year

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 510 sits

All 40 2-beds →

510 last sold in January 2021 at AED 919 per sqft, 5% above what two-beds in Hayat Boulevard 2B were fetching at the time (AED 879). 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. 510's AED 47,500 is at the bottom of that range.

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

510, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 18 January 2021 for AED 852,888, or AED 919 per sqft.
  • Rented since May 2021 on 2 Ejari contracts, from AED 42,500 to AED 47,500 a year.
  • At AED 47,500 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 15,700 a year (AED 16.97 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 1 May 2022.

Questions about 510, Hayat Boulevard 2B

What did unit 510 last sell for?

AED 852,888 on 18 January 2021, sold by the developer: AED 919 per sqft for 927 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 47,500 a year on the contract signed on 1 May 2022. The previous contract, from May 2021, was AED 42,500.

How big is unit 510?

927 sqft (86.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 510 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 510, Hayat Boulevard 2B

Starts from the last sale price (AED 853K, 18 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 852,888
Deposit, UAE resident (20%)
AED 170,578
Deposit, non-resident (40%)
AED 341,155
Monthly over 25 years at 3.7%
AED 3,489

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