2-bed · 1,573 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

124, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 124 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 900K7 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 124, Hayat Boulevard 1B

What is 124 worth today?

Last sold for AED 900,000 in 2022

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7 Jun 2022SoldReady
AED 900,000AED 572 per sqft
7 Jun 2017Sold by developerOff-plan
AED 913,888AED 580 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
2-bed apartment
Size
1,573 sqft
Floor
1st of 7
Parking
P-123
Developer
Nshmi Development
Completed
2020
Service charge
AED 26,700 /yr
Last sold
AED 900K · June 2022

About 124, Hayat Boulevard 1B

124 is a two-bedroom apartment of 1,573 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 7 June 2022 for AED 900,000, or AED 572 per sqft, 33% below the AED 858 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 124 over time

Sales
Unit 124, each saleTypical two-bed in Hayat Boulevard 1B
800K1M2016201920222025Typical sale price by year: 2016 AED 875,388; 2017 AED 883,888; 2020 AED 799,888; 2021 AED 900,888; 2022 AED 780,000; 2023 AED 845,000; 2024 AED 927,500; 2025 AED 1,073,000Sold by developer, June 2017: AED 913,888 (AED 580 per sqft)Sold, June 2022: AED 900,000 (AED 572 per sqft)

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

Rents
Unit 124, each contractTypical two-bed in Hayat Boulevard 1B
50K75K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 90,000

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 1B, and where 124 sits

All 64 2-beds →

124 last sold in June 2022 at AED 572 per sqft, 33% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 858). Over the last 12 months two-beds sold for AED 1,150,000, around AED 1,309 per sqft, and rent for AED 45,500 to 100,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20251,073,000
11 Jun 20251,100,000
15 May 20251,050,000
18 Mar 20251,000,000
1 2-bed 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

124, Hayat Boulevard 1B in numbers

  • Sold twice: first on 7 June 2017 for AED 913,888, last on 7 June 2022 for AED 900,000 (AED 572 per sqft).
  • Two-beds in Hayat Boulevard 1B sold for AED 1,150,000–1,150,000 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 7 June 2022.

Questions about 124, Hayat Boulevard 1B

What did unit 124 last sell for?

AED 900,000 on 7 June 2022: AED 572 per sqft for 1,573 sqft. The unit has 2 registered sales; the first was AED 913,888 in June 2017.

How big is unit 124?

1,573 sqft (146.1 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2020.

What is unit 124 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 1B sold for AED 1,150,000 to 1,150,000 in the last 12 months, around AED 1,309 per sqft.

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Mortgage on 124, Hayat Boulevard 1B

Starts from the last sale price (AED 900K, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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