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2-bed · 1,546 sqftHayat Boulevard 1B, Town Square · 1st floor · completed 2020

128, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 128 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 924K24 November 2016
Current rentAED 85K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 128, Hayat Boulevard 1B

What is 128 worth today?

Last sold for AED 923,888 in 2016

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1 Jan 2026RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Jan 2025RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
1 Jan 2024RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
1 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
1 Jan 2022RentedNew contract
AED 56,000/yr12 months · AED 36 per sqft
1 Jan 2021RentedNew contract
AED 55,000/yr12 months · AED 35 per sqft
24 Nov 2016Sold by developerOff-plan
AED 923,888AED 597 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
1st of 7
Parking
P-125
Developer
Nshmi Development
Completed
2020
Service charge
AED 26,200 /yr
Last sold
AED 924K · November 2016
Building
Hayat Boulevard 1B

About 128, Hayat Boulevard 1B

128 is a two-bedroom apartment of 1,546 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 923,888, or AED 597 per sqft, 37% below the AED 947 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 85,000 a year: a gross yield of 9.2% on the 2016 price, before the service charge of about AED 26,200 a year.

Sales and rents for 128 over time

Sales
Unit 128, 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, November 2016: AED 923,888 (AED 597 per sqft)

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

Rents
Unit 128, 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 90,000New contract, January 2021: AED 55,000 a yearNew contract, January 2022: AED 56,000 a yearNew contract, January 2023: AED 60,000 a yearNew contract, January 2024: AED 85,000 a yearRenewal, January 2025: AED 85,000 a yearRenewal, January 2026: AED 85,000 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 1B, and where 128 sits

All 64 2-beds →

128 last sold in November 2016 at AED 597 per sqft, 37% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 947). 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. 128's AED 85,000 is in the upper half of that range.

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

128, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 24 November 2016 for AED 923,888, or AED 597 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 55,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 9.2%, before a service charge of about AED 26,200 a year (AED 16.97 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 1 January 2026.

Questions about 128, Hayat Boulevard 1B

What did unit 128 last sell for?

AED 923,888 on 24 November 2016, sold by the developer: AED 597 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 128?

AED 85,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 85,000; the unit has been rented since January 2021.

How big is unit 128?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2020.

What is unit 128 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 128, Hayat Boulevard 1B

Starts from the last sale price (AED 924K, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 923,888
Deposit, UAE resident (20%)
AED 184,778
Deposit, non-resident (40%)
AED 369,555
Monthly over 25 years at 3.7%
AED 3,780

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