2-bed · 983 sqftHayat Boulevard 1A, Town Square · 5th floor · completed 2020

524, Hayat Boulevard 1A

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

Unit 524 · DLD and Ejari recordsUpdated 12 January 2025
Last soldAED 910K23 May 2017
Current rentAED 58K /yr12 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 524, Hayat Boulevard 1A

What is 524 worth today?

Last sold for AED 909,888 in 2017

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12 Jan 2025RentedNew contract
AED 58,190/yr12 months · AED 58 per sqft
12 Jan 2024RentedNew contract
AED 50,600/yr12 months · AED 51 per sqft
12 Jan 2024RentedRenewal
AED 50,600/yr12 months · AED 51 per sqft
12 Jan 2023RentedRenewal
AED 46,000/yr12 months · AED 46 per sqft
12 Oct 2022RentedRenewal
AED 40,000/yr3 months · AED 40 per sqft
12 Oct 2021RentedRenewal
AED 40,000/yr12 months · AED 40 per sqft
23 May 2017Sold by developerOff-plan
AED 909,888AED 925 per sqft

Source: Dubai Land Department. Updated 12 January 2025.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
5th of 7
Parking
P-13
Developer
Nshmi Development
Completed
2020
Service charge
AED 16,700 /yr
Last sold
AED 910K · May 2017

About 524, Hayat Boulevard 1A

524 is a two-bedroom apartment of 983 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 May 2017 for AED 909,888, or AED 925 per sqft, in line with the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 12 January 2025, is AED 58,190 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 16,700 a year.

Sales and rents for 524 over time

Sales
Unit 524, 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, May 2017: AED 909,888 (AED 925 per sqft)

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

Rents
Unit 524, 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 80,000Renewal, October 2021: AED 40,000 a yearRenewal, October 2022: AED 40,000 a yearRenewal, January 2023: AED 46,000 a yearNew contract, January 2024: AED 50,600 a yearRenewal, January 2024: AED 50,600 a yearNew contract, January 2025: AED 58,190 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 524 sits

All 83 2-beds →

524 last sold in May 2017 at AED 925 per sqft, in line with what two-beds in Hayat Boulevard 1A were fetching at the time (AED 930). 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. 524's AED 58,190 is at the bottom 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 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

524, Hayat Boulevard 1A in numbers

  • Sold once: by Nshmi Development on 23 May 2017 for AED 909,888, or AED 925 per sqft.
  • Rented since October 2021 on 6 Ejari contracts, from AED 40,000 to AED 58,190 a year.
  • At AED 58,190 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 16,700 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 12 January 2025.

Questions about 524, Hayat Boulevard 1A

What did unit 524 last sell for?

AED 909,888 on 23 May 2017, sold by the developer: AED 925 per sqft for 983 sqft. It is the only registered sale of the unit.

What is the rent for unit 524?

AED 58,190 a year on the contract signed on 12 January 2025. The previous contract, from January 2024, was AED 50,600; the unit has been rented since October 2021.

How big is unit 524?

983 sqft (91.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 524 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 524, Hayat Boulevard 1A

Starts from the last sale price (AED 910K, 23 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 909,888
Deposit, UAE resident (20%)
AED 181,978
Deposit, non-resident (40%)
AED 363,955
Monthly over 25 years at 3.7%
AED 3,723

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