2-bed · 879 sqftHayat Boulevard 1A, Town Square · 6th floor · completed 2020

616, Hayat Boulevard 1A

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 970K26 December 2024
Current rentAED 78K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Hayat Boulevard 1A

What is 616 worth today?

Last sold for AED 970,000 in 2024

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10 Aug 2025RentedNew contract
AED 78,000/yr12 months · AED 88 per sqft
1 Jun 2025RentedRenewal
AED 90,000/yr12 months · AED 102 per sqft
26 Dec 2024SoldReady
AED 970,000AED 1,103 per sqft
1 Jun 2024RentedRenewal
AED 66,000/yr12 months · AED 75 per sqft
1 Jun 2023RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 Jun 2022RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
5 Oct 2021RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
5 Oct 2020RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
2-bed apartment
Size
879 sqft
Floor
6th of 7
Parking
P-171
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 970K · December 2024

About 616, Hayat Boulevard 1A

616 is a two-bedroom apartment of 879 sqft on the 6th floor of Hayat Boulevard 1A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 26 December 2024 for AED 970,000, or AED 1,103 per sqft, 6% above the AED 1,038 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 August 2025, is AED 78,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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, January 2017: AED 845,888 (AED 961 per sqft)Sold, December 2024: AED 970,000 (AED 1,103 per sqft)

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

Rents
Unit 616, each contractTypical two-bed in Hayat Boulevard 1A
50K75K2020202220242026Typical 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, October 2020: AED 42,000 a yearRenewal, October 2021: AED 44,000 a yearNew contract, June 2022: AED 50,000 a yearNew contract, June 2023: AED 60,000 a yearRenewal, June 2024: AED 66,000 a yearRenewal, June 2025: AED 90,000 a yearNew contract, August 2025: AED 78,000 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 616 sits

All 83 2-beds →

616 last sold in December 2024 at AED 1,103 per sqft, 6% above what two-beds in Hayat Boulevard 1A were fetching at the time (AED 1,038). 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. 616's AED 78,000 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 6th floor

All 184 units in Hayat Boulevard 1A
Value
601AED 1.25M · Jun 2025
602AED 1.7M · Nov 2023
6032-bedAED 1M · Feb 2025
604StudioAED 428K · Oct 2017
6051-bedAED 572K · Jan 2017
6061-bedAED 740K · Sep 2017
6071-bedAED 750K · Jul 2025
1–7 of 24

616, Hayat Boulevard 1A in numbers

  • Sold twice: first on 19 January 2017 for AED 845,888, last on 26 December 2024 for AED 970,000 (AED 1,103 per sqft).
  • Rented since October 2020 on 7 Ejari contracts, from AED 42,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 14,900 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 10 August 2025.

Questions about 616, Hayat Boulevard 1A

What did unit 616 last sell for?

AED 970,000 on 26 December 2024: AED 1,103 per sqft for 879 sqft. The unit has 2 registered sales; the first was AED 845,888 in January 2017.

What is the rent for unit 616?

AED 78,000 a year on the contract signed on 10 August 2025. The previous contract, from June 2025, was AED 90,000; the unit has been rented since October 2020.

How big is unit 616?

879 sqft (81.7 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 616 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 616, Hayat Boulevard 1A

Starts from the last sale price (AED 970K, 26 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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