2-bed · 1,019 sqftHayat Boulevard 1A, Town Square · 3rd floor · completed 2020

314, Hayat Boulevard 1A

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

Unit 314 · DLD and Ejari recordsUpdated 25 November 2024
Last soldAED 863K13 March 2017
Current rentAED 110K /yr25 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Hayat Boulevard 1A

What is 314 worth today?

Last sold for AED 862,888 in 2017

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25 Nov 2024RentedNew contract
AED 110,000/yr12 months · AED 108 per sqft
1 Aug 2021RentedRenewal
AED 42,000/yr12 months · AED 41 per sqft
13 Mar 2017Sold by developerOff-plan
AED 862,888AED 846 per sqft

Source: Dubai Land Department. Updated 25 November 2024.

Key facts

Type
2-bed apartment
Size
1,019 sqft
Floor
3rd of 7
Parking
P-32
Developer
Nshmi Development
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 863K · March 2017

About 314, Hayat Boulevard 1A

314 is a two-bedroom apartment of 1,019 sqft on the 3rd floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 13 March 2017 for AED 862,888, or AED 846 per sqft, 6% below the AED 898 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 25 November 2024, is AED 110,000 a year: a gross yield of 12.8% on the 2017 price, before the service charge of about AED 17,300 a year.

Sales and rents for 314 over time

Sales
Unit 314, 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, March 2017: AED 862,888 (AED 846 per sqft)

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

Rents
Unit 314, each contractTypical two-bed in Hayat Boulevard 1A
50K100K2020202220242026Typical 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 80,000Renewal, August 2021: AED 42,000 a yearNew contract, November 2024: AED 110,000 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 314 sits

All 83 2-beds →

314 last sold in March 2017 at AED 846 per sqft, 6% below what two-beds in Hayat Boulevard 1A were fetching at the time (AED 898). 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. 314's AED 110,000 is at the top 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 3rd floor

All 184 units in Hayat Boulevard 1A
Value
3012-bedAED 1.09M · Jul 2025
3023-bedAED 1.4M · Feb 2024
3031-bedAED 628K · Nov 2016
3041-bedAED 452K · Oct 2021
3051-bedAED 620K · Dec 2016
306StudioAED 427K · Jan 2017
3071-bedAED 750K · Mar 2025
1–7 of 27

314, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 13 March 2017 for AED 862,888, or AED 846 per sqft.
  • Rented since August 2021 on 2 Ejari contracts, from AED 42,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 12.8%, before a service charge of about AED 17,300 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 25 November 2024.

Questions about 314, Hayat Boulevard 1A

What did unit 314 last sell for?

AED 862,888 on 13 March 2017, sold by the developer: AED 846 per sqft for 1,019 sqft. It is the only registered sale of the unit.

What is the rent for unit 314?

AED 110,000 a year on the contract signed on 25 November 2024. The previous contract, from August 2021, was AED 42,000.

How big is unit 314?

1,019 sqft (94.7 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 314 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 314, Hayat Boulevard 1A

Starts from the last sale price (AED 863K, 13 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 862,888
Deposit, UAE resident (20%)
AED 172,578
Deposit, non-resident (40%)
AED 345,155
Monthly over 25 years at 3.7%
AED 3,530

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