2-bed · 1,083 sqftHayat Boulevard 2B, Town Square · 5th floor · completed 2020

512, Hayat Boulevard 2B

Sold prices and rental history: sold twice, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 1.13M8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Hayat Boulevard 2B

What is 512 worth today?

Last sold for AED 1,125,000 in 2024

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8 Oct 2024SoldReady
AED 1,125,000AED 1,039 per sqft
17 Dec 2017Sold by developerOff-plan
AED 1,032,888AED 954 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
5th of 7
Parking
P-339
Developer
Nshmi Development
Completed
2020
Service charge
AED 18,400 /yr
Last sold
AED 1.13M · October 2024

About 512, Hayat Boulevard 2B

512 is a two-bedroom apartment of 1,083 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 8 October 2024 for AED 1,125,000, or AED 1,039 per sqft, 7% above the AED 970 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, 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, December 2017: AED 1,032,888 (AED 954 per sqft)Sold, October 2024: AED 1,125,000 (AED 1,039 per sqft)

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

Rents
Unit 512, 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 512 sits

All 40 2-beds →

512 last sold in October 2024 at AED 1,039 per sqft, 7% above what two-beds in Hayat Boulevard 2B were fetching at the time (AED 970). 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

512, Hayat Boulevard 2B in numbers

  • Sold twice: first on 17 December 2017 for AED 1,032,888, last on 8 October 2024 for AED 1,125,000 (AED 1,039 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 8 October 2024.

Questions about 512, Hayat Boulevard 2B

What did unit 512 last sell for?

AED 1,125,000 on 8 October 2024: AED 1,039 per sqft for 1,083 sqft. The unit has 2 registered sales; the first was AED 1,032,888 in December 2017.

How big is unit 512?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 512 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 512, Hayat Boulevard 2B

Starts from the last sale price (AED 1.13M, 8 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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