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697 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

508, Hayat Boulevard 1A

Sold prices and rental history: sold once, by the developer in June 2021, and rented once, from July 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 626K23 June 2021
Current rentAED 60K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Hayat Boulevard 1A

What is 508 worth today?

Last sold for AED 625,888 in 2021

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15 Jul 2025RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
23 Jun 2021Sold by developerReady
AED 625,888AED 897 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
Apartment
Size
697 sqft
Floor
5th of 7
Parking
G-128
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 626K · June 2021
Building
Hayat Boulevard 1A

About 508, Hayat Boulevard 1A

508 is an apartment of 697 sqft on the 5th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 23 June 2021 for AED 625,888, or AED 897 per sqft.

One Ejari contract is registered, from 15 July 2025. The current contract, signed on 15 July 2025, is AED 60,000 a year: a gross yield of 9.6% on the 2021 price, before the service charge of about AED 11,800 a year.

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 5th floor

All 184 units in Hayat Boulevard 1A
Value
5012-bedAED 910K · Nov 2017
5023-bedAED 1.12M · Nov 2020
5031-bedAED 580K · Jan 2024
5041-bedAED 589K · May 2021
5051-bedAED 633K · Aug 2017
506StudioAED 560K · Jan 2026
5071-bedAED 596K · Aug 2020
1–7 of 27

508, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 23 June 2021 for AED 625,888, or AED 897 per sqft.
  • Rented since July 2025 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 9.6%, before a service charge of about AED 11,800 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 15 July 2025.

Questions about 508, Hayat Boulevard 1A

What did unit 508 last sell for?

AED 625,888 on 23 June 2021, sold by the developer: AED 897 per sqft for 697 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 60,000 a year on the contract signed on 15 July 2025.

How big is unit 508?

697 sqft (64.8 sqm): an apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 508, Hayat Boulevard 1A

Starts from the last sale price (AED 626K, 23 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 625,888
Deposit, UAE resident (20%)
AED 125,178
Deposit, non-resident (40%)
AED 250,355
Monthly over 25 years at 3.7%
AED 2,561

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