2-bed · 935 sqftHayat Boulevard 1A, Town Square · 2nd floor · completed 2020

201, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 881K22 June 2017
Current rentAED 83K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Hayat Boulevard 1A

What is 201 worth today?

Last sold for AED 880,888 in 2017

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5 Oct 2024RentedRenewal
AED 83,000/yr12 months · AED 89 per sqft
5 Oct 2023RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft
12 Aug 2022RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
12 Aug 2021RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
14 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
22 Jun 2017Sold by developerOff-plan
AED 880,888AED 942 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
2-bed apartment
Size
935 sqft
Floor
2nd of 7
Parking
P-42
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 881K · June 2017

About 201, Hayat Boulevard 1A

201 is a two-bedroom apartment of 935 sqft on the 2nd floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 22 June 2017 for AED 880,888, or AED 942 per sqft, in line with the AED 938 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 83,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 15,900 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Hayat Boulevard 1A
800K1M2016201920222025Typical sale price by year: 2016 AED 811,888; 2017 AED 880,888; 2020 AED 820,888; 2021 AED 860,888; 2022 AED 725,000; 2024 AED 970,000; 2025 AED 1,102,500Sold by developer, June 2017: AED 880,888 (AED 942 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Hayat Boulevard 1A
40K60K80K2020202220242026Typical rent by year: 2020 AED 44,500; 2021 AED 45,000; 2022 AED 51,500; 2023 AED 60,000; 2024 AED 72,000; 2025 AED 78,375; 2026 AED 80,000New contract, August 2020: AED 45,000 a yearNew contract, August 2021: AED 45,000 a yearRenewal, August 2022: AED 45,000 a yearNew contract, October 2023: AED 80,000 a yearRenewal, October 2024: AED 83,000 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 1A, and where 201 sits

All 83 2-beds →

201 last sold in June 2017 at AED 942 per sqft, in line with what two-beds in Hayat Boulevard 1A were fetching at the time (AED 938). Over the last 12 months two-beds sold for AED 1,250,000, around AED 1,248 per sqft, and rent for AED 63,419 to 105,000 a year. 201's AED 83,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20261,250,000
10 Jul 20251,120,000
9 Jul 20251,085,000
7 Feb 20251,000,000
2 2-bed sales in the last 12 months

Hayat Boulevard 1A

Building

184 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,248
Typical sale
AED 780K
Typical rent
AED 68K /yr
Typical yield
7.0%
Hayat Boulevard 1A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 184 units in Hayat Boulevard 1A
Value
2023-bedAED 1.52M · Nov 2024
2031-bedAED 622K · Jan 2017
2041-bedAED 545K · Jul 2017
2051-bedAED 613K · Dec 2016
206StudioAED 260K · Mar 2023
2071-bedAED 545K · Jan 2017
2081-bedAED 480K · Nov 2022
1–7 of 26

201, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 22 June 2017 for AED 880,888, or AED 942 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 45,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 15,900 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 1A sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,248 per sqft.

Source: Dubai Land Department. Updated 5 October 2024.

Questions about 201, Hayat Boulevard 1A

What did unit 201 last sell for?

AED 880,888 on 22 June 2017, sold by the developer: AED 942 per sqft for 935 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 83,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 80,000; the unit has been rented since August 2020.

How big is unit 201?

935 sqft (86.9 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 201 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 1A sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,248 per sqft.

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Mortgage on 201, Hayat Boulevard 1A

Starts from the last sale price (AED 881K, 22 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 880,888
Deposit, UAE resident (20%)
AED 176,178
Deposit, non-resident (40%)
AED 352,355
Monthly over 25 years at 3.7%
AED 3,604

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