Studio · 326 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

117, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 495K17 February 2025
Current rentAED 41K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Hayat Boulevard 1B

What is 117 worth today?

Last sold for AED 495,000 in 2025

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12 Sep 2025RentedNew contract
AED 41,000/yr12 months · AED 126 per sqft
14 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 123 per sqft
17 Feb 2025SoldReady
AED 495,000AED 1,517 per sqft
25 Jul 2023RentedRenewal
AED 30,000/yr12 months · AED 92 per sqft
25 Jul 2021RentedRenewal
AED 20,000/yr12 months · AED 61 per sqft
25 Jul 2020RentedNew contract
AED 20,000/yr12 months · AED 61 per sqft
5 Jan 2017Sold by developerOff-plan
AED 430,888AED 1,320 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
Studio apartment
Size
326 sqft
Floor
1st of 7
Parking
G-49
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,500 /yr
Last sold
AED 495K · February 2025

About 117, Hayat Boulevard 1B

117 is a studio of 326 sqft on the 1st floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 17 February 2025 for AED 495,000, or AED 1,517 per sqft, in line with the AED 1,519 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 12 September 2025, is AED 41,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 5,500 a year.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical studio in Hayat Boulevard 1B
400K500K2016201920222025Typical 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, January 2017: AED 430,888 (AED 1,320 per sqft)Sold, February 2025: AED 495,000 (AED 1,517 per sqft)

117 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 117, 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 20,000 a yearRenewal, July 2023: AED 30,000 a yearNew contract, March 2025: AED 40,000 a yearNew contract, September 2025: AED 41,000 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 117 sits

All 21 studios →

117 last sold in February 2025 at AED 1,517 per sqft, in line with what studios in Hayat Boulevard 1B were fetching at the time (AED 1,519). 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
19 Dec 2024460,000
11 Dec 2024475,000
17 Oct 2024490,000
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

117, Hayat Boulevard 1B in numbers

  • Sold twice: first on 5 January 2017 for AED 430,888, last on 17 February 2025 for AED 495,000 (AED 1,517 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 20,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2025 price is 8.3%, before a service charge of about AED 5,500 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 12 September 2025.

Questions about 117, Hayat Boulevard 1B

What did unit 117 last sell for?

AED 495,000 on 17 February 2025: AED 1,517 per sqft for 326 sqft. The unit has 2 registered sales; the first was AED 430,888 in January 2017.

What is the rent for unit 117?

AED 41,000 a year on the contract signed on 12 September 2025. The previous contract, from March 2025, was AED 40,000; the unit has been rented since July 2020.

How big is unit 117?

326 sqft (30.3 sqm): a studio on the 1st floor of a 7-storey tower completed in 2020.

What is unit 117 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 117, Hayat Boulevard 1B

Starts from the last sale price (AED 495K, 17 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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