2-bed · 928 sqftHayat Boulevard 2B, Town Square · 6th floor · completed 2020

611, Hayat Boulevard 2B

Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 7 February 2022
Last soldAED 930K15 November 2017
Current rentAED 47K /yr7 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Hayat Boulevard 2B

What is 611 worth today?

Last sold for AED 929,888 in 2017

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7 Feb 2022RentedRenewal
AED 47,000/yr12 months · AED 50 per sqft
7 Feb 2021RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
15 Nov 2017Sold by developerOff-plan
AED 929,888AED 1,002 per sqft

Source: Dubai Land Department. Updated 7 February 2022.

Key facts

Type
2-bed apartment
Size
928 sqft
Floor
6th of 7
Parking
P-347
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,700 /yr
Last sold
AED 930K · November 2017

About 611, Hayat Boulevard 2B

611 is a two-bedroom apartment of 928 sqft on the 6th floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 15 November 2017 for AED 929,888, or AED 1,002 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 7 February 2022, is AED 47,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 15,700 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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, November 2017: AED 929,888 (AED 1,002 per sqft)

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

Rents
Unit 611, 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, February 2021: AED 43,000 a yearRenewal, February 2022: AED 47,000 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 611 sits

All 40 2-beds →

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. 611's AED 47,000 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 6th floor

All 90 units in Hayat Boulevard 2B
Value
6012-bedAED 900K · May 2021
6023-bedAED 1.68M · Feb 2025
6032-bedAED 861K · Oct 2018
604StudioAED 411K · Jul 2021
6051-bedAED 620K · May 2024
6063-bedAED 1.71M · Apr 2026
6072-bedAED 907K · Dec 2017
1–7 of 10

611, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 15 November 2017 for AED 929,888, or AED 1,002 per sqft.
  • Rented since February 2021 on 2 Ejari contracts, from AED 43,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2017 price is 5.1%, 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 7 February 2022.

Questions about 611, Hayat Boulevard 2B

What did unit 611 last sell for?

AED 929,888 on 15 November 2017, sold by the developer: AED 1,002 per sqft for 928 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 47,000 a year on the contract renewed on 7 February 2022. The previous contract, from February 2021, was AED 43,000.

How big is unit 611?

928 sqft (86.2 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 611 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 611, Hayat Boulevard 2B

Starts from the last sale price (AED 930K, 15 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 929,888
Deposit, UAE resident (20%)
AED 185,978
Deposit, non-resident (40%)
AED 371,955
Monthly over 25 years at 3.7%
AED 3,804

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