Studio · 320 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

115, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 379K24 November 2016
Current rentAED 40K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Hayat Boulevard 1B

What is 115 worth today?

Last sold for AED 378,888 in 2016

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1 Dec 2025RentedNew contract
AED 40,000/yr12 months · AED 124 per sqft
25 Nov 2024RentedRenewal
AED 38,000/yr12 months · AED 118 per sqft
25 Nov 2024RentedRenewal
AED 38,000/yr12 months · AED 122 per sqft
9 Nov 2022RentedNew contract
AED 27,000/yr12 months · AED 84 per sqft
25 Jul 2021RentedRenewal
AED 22,000/yr12 months · AED 68 per sqft
25 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 62 per sqft
24 Nov 2016Sold by developerOff-plan
AED 378,888AED 1,184 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
320 sqft
Floor
1st of 7
Parking
G-47
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 379K · November 2016

About 115, Hayat Boulevard 1B

115 is a studio of 320 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 24 November 2016 for AED 378,888, or AED 1,184 per sqft, 6% below the AED 1,254 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 1 December 2025, is AED 40,000 a year: a gross yield of 10.6% on the 2016 price, before the service charge of about AED 5,400 a year.

Sales and rents for 115 over time

Sales
Unit 115, 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, November 2016: AED 378,888 (AED 1,184 per sqft)

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

Rents
Unit 115, 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, July 2020: AED 20,000 a yearRenewal, July 2021: AED 22,000 a yearNew contract, November 2022: AED 27,000 a yearRenewal, November 2024: AED 38,000 a yearRenewal, November 2024: AED 38,000 a yearNew contract, December 2025: AED 40,000 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 115 sits

All 21 studios →

115 last sold in November 2016 at AED 1,184 per sqft, 6% below what studios in Hayat Boulevard 1B were fetching at the time (AED 1,254). 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

115, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 24 November 2016 for AED 378,888, or AED 1,184 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 20,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2016 price is 10.6%, before a service charge of about AED 5,400 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 1 December 2025.

Questions about 115, Hayat Boulevard 1B

What did unit 115 last sell for?

AED 378,888 on 24 November 2016, sold by the developer: AED 1,184 per sqft for 320 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 40,000 a year on the contract signed on 1 December 2025. The previous contract, from November 2024, was AED 38,000; the unit has been rented since July 2020.

How big is unit 115?

320 sqft (29.7 sqm): a studio on the 1st floor of a 7-storey tower completed in 2020.

What is unit 115 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 115, Hayat Boulevard 1B

Starts from the last sale price (AED 379K, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 378,888
Deposit, UAE resident (20%)
AED 75,778
Deposit, non-resident (40%)
AED 151,555
Monthly over 25 years at 3.7%
AED 1,550

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