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Studio · 328 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

114, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 412K15 May 2017
Current rentAED 38K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, Hayat Boulevard 1B

What is 114 worth today?

Last sold for AED 411,888 in 2017

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25 Oct 2025RentedNew contract
AED 38,000/yr12 months · AED 114 per sqft
15 Oct 2024RentedNew contract
AED 28,750/yr12 months · AED 86 per sqft
15 Oct 2023RentedRenewal
AED 25,000/yr12 months · AED 75 per sqft
15 Oct 2022RentedNew contract
AED 24,000/yr12 months · AED 72 per sqft
15 Aug 2021RentedRenewal
AED 20,000/yr12 months · AED 60 per sqft
15 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 60 per sqft
15 May 2017Sold by developerOff-plan
AED 411,888AED 1,254 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
Studio apartment
Size
328 sqft
Floor
1st of 7
Parking
G-46
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,600 /yr
Last sold
AED 412K · May 2017
Building
Hayat Boulevard 1B

About 114, Hayat Boulevard 1B

114 is a studio of 328 sqft on the 1st floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 15 May 2017 for AED 411,888, or AED 1,254 per sqft, 4% below the AED 1,309 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 October 2025, is AED 38,000 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 5,600 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical studio in Hayat Boulevard 1B
400K2016201920222025Typical sale price by year: 2016 AED 419,888; 2017 AED 410,888; 2020 AED 359,888; 2021 AED 420,888; 2023 AED 364,000; 2024 AED 475,000Sold by developer, May 2017: AED 411,888 (AED 1,254 per sqft)

114 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 114, each contractTypical studio in Hayat Boulevard 1B
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 20,000; 2022 AED 23,000; 2023 AED 28,000; 2024 AED 31,500; 2025 AED 38,000New contract, August 2020: AED 20,000 a yearRenewal, August 2021: AED 20,000 a yearNew contract, October 2022: AED 24,000 a yearRenewal, October 2023: AED 25,000 a yearNew contract, October 2024: AED 28,750 a yearNew contract, October 2025: AED 38,000 a year

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

Studios in Hayat Boulevard 1B, and where 114 sits

All 21 studios →

114 last sold in May 2017 at AED 1,254 per sqft, 4% below what studios in Hayat Boulevard 1B were fetching at the time (AED 1,309). Over the last 12 months studios sold for AED 525,000, around AED 1,678 per sqft, and rent for AED 40,000 to 40,000 a year.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025525,000
17 Feb 2025495,000
19 Dec 2024460,000
11 Dec 2024475,000
1 studio sale in the last 12 months

Hayat Boulevard 1B

Building

195 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,494
Typical sale
AED 838K
Typical rent
AED 67K /yr
Typical yield
6.4%
Hayat Boulevard 1B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 195 units in Hayat Boulevard 1B
Value
1012-bedAED 948K · Jan 2017
1023-bedAED 1.78M · Oct 2024
1032-bedAED 1.25M · Dec 2023
1042-bedAED 789K · Nov 2016
105AED 500K · Oct 2025
1061-bedAED 475K · Jan 2021
1071-bedAED 657K · May 2021
1–7 of 29

114, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 15 May 2017 for AED 411,888, or AED 1,254 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 20,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 5,600 a year (AED 16.97 per sqft).
  • Studios in Hayat Boulevard 1B sold for AED 525,000–525,000 in the 12 months to November 2026; the building's median across all types is AED 1,494 per sqft.

Source: Dubai Land Department. Updated 25 October 2025.

Questions about 114, Hayat Boulevard 1B

What did unit 114 last sell for?

AED 411,888 on 15 May 2017, sold by the developer: AED 1,254 per sqft for 328 sqft. It is the only registered sale of the unit.

What is the rent for unit 114?

AED 38,000 a year on the contract signed on 25 October 2025. The previous contract, from October 2024, was AED 28,750; the unit has been rented since August 2020.

How big is unit 114?

328 sqft (30.5 sqm): a studio on the 1st floor of a 7-storey tower completed in 2020.

What is unit 114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Hayat Boulevard 1B sold for AED 525,000 to 525,000 in the last 12 months, around AED 1,678 per sqft.

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Mortgage on 114, Hayat Boulevard 1B

Starts from the last sale price (AED 412K, 15 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 411,888
Deposit, UAE resident (20%)
AED 82,378
Deposit, non-resident (40%)
AED 164,755
Monthly over 25 years at 3.7%
AED 1,685

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