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1-bed · 607 sqftHayat Boulevard 1A, Town Square · 4th floor · completed 2020

407, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 545K5 January 2017
Current rentAED 45K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, Hayat Boulevard 1A

What is 407 worth today?

Last sold for AED 544,888 in 2017

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15 Dec 2024RentedRenewal
AED 45,160/yr12 months · AED 75 per sqft
15 Dec 2023RentedRenewal
AED 41,055/yr12 months · AED 68 per sqft
15 Dec 2022RentedRenewal
AED 39,100/yr12 months · AED 65 per sqft
5 Jan 2017Sold by developerOff-plan
AED 544,888AED 898 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
607 sqft
Floor
4th of 7
Parking
G-90
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 545K · January 2017
Building
Hayat Boulevard 1A

About 407, Hayat Boulevard 1A

407 is a one-bedroom apartment of 607 sqft on the 4th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 5 January 2017 for AED 544,888, or AED 898 per sqft, 6% below the AED 956 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 45,160 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 10,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Hayat Boulevard 1A
600K700K2016201920222025Typical sale price by year: 2016 AED 627,888; 2017 AED 651,888; 2018 AED 654,888; 2020 AED 632,888; 2021 AED 625,888; 2023 AED 590,444; 2024 AED 700,888; 2025 AED 750,000Sold by developer, January 2017: AED 544,888 (AED 898 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Hayat Boulevard 1A
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 32,000; 2022 AED 34,500; 2023 AED 41,055; 2024 AED 49,999; 2025 AED 55,000; 2026 AED 65,000Renewal, December 2022: AED 39,100 a yearRenewal, December 2023: AED 41,055 a yearRenewal, December 2024: AED 45,160 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Hayat Boulevard 1A, and where 407 sits

All 60 1-beds →

407 last sold in January 2017 at AED 898 per sqft, 6% below what one-beds in Hayat Boulevard 1A were fetching at the time (AED 956). Over the last 12 months one-beds sold for AED 780,000 to 830,000, around AED 1,115 per sqft, and rent for AED 42,770 to 73,000 a year. 407's AED 45,160 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Dec 2025830,000
31 Jul 2025750,000
2 Jun 2025810,000
7 Apr 2025725,000
2 1-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 4th floor

All 184 units in Hayat Boulevard 1A
Value
4012-bedAED 1.25M · Feb 2025
4023-bedAED 1.4M · Sep 2023
4031-bedAED 575K · Feb 2024
4041-bedAED 545K · May 2017
4051-bedAED 626K · Jan 2017
406StudioAED 499K · Dec 2025
4081-bedAED 621K · Sep 2020
1–7 of 27

407, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 5 January 2017 for AED 544,888, or AED 898 per sqft.
  • Rented since December 2022 on 3 Ejari contracts, from AED 39,100 to AED 45,160 a year.
  • At AED 45,160 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 10,300 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 1A sold for AED 780,000–830,000 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 15 December 2024.

Questions about 407, Hayat Boulevard 1A

What did unit 407 last sell for?

AED 544,888 on 5 January 2017, sold by the developer: AED 898 per sqft for 607 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 45,160 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 41,055; the unit has been rented since December 2022.

How big is unit 407?

607 sqft (56.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 1A sold for AED 780,000 to 830,000 in the last 12 months, around AED 1,115 per sqft.

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Mortgage on 407, Hayat Boulevard 1A

Starts from the last sale price (AED 545K, 5 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 544,888
Deposit, UAE resident (20%)
AED 108,978
Deposit, non-resident (40%)
AED 217,955
Monthly over 25 years at 3.7%
AED 2,229

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