Studio · 314 sqftHayat Boulevard 1B, Town Square · 2nd floor · completed 2020

206, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 3 March 2025
Last soldAED 460K19 December 2024
Current rentAED 38K /yr3 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Hayat Boulevard 1B

What is 206 worth today?

Last sold for AED 460,000 in 2024

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3 Mar 2025RentedNew contract
AED 38,000/yr12 months · AED 121 per sqft
19 Dec 2024SoldReady
AED 460,000AED 1,463 per sqft
1 Jan 2024RentedRenewal
AED 25,300/yr12 months · AED 81 per sqft
1 Jan 2023RentedRenewal
AED 23,000/yr12 months · AED 74 per sqft
1 Jan 2022RentedNew contract
AED 23,000/yr12 months · AED 74 per sqft
22 Jun 2017Sold by developerOff-plan
AED 409,888AED 1,304 per sqft

Source: Dubai Land Department. Updated 3 March 2025.

Key facts

Type
Studio apartment
Size
314 sqft
Floor
2nd of 7
Parking
P-160
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,300 /yr
Last sold
AED 460K · December 2024

About 206, Hayat Boulevard 1B

206 is a studio of 314 sqft on the 2nd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 19 December 2024 for AED 460,000, or AED 1,463 per sqft, 4% below the AED 1,520 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 3 March 2025, is AED 38,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, June 2017: AED 409,888 (AED 1,304 per sqft)Sold, December 2024: AED 460,000 (AED 1,463 per sqft)

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

Rents
Unit 206, 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, January 2022: AED 23,000 a yearRenewal, January 2023: AED 23,000 a yearRenewal, January 2024: AED 25,300 a yearNew contract, March 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 206 sits

All 21 studios →

206 last sold in December 2024 at AED 1,463 per sqft, 4% below what studios in Hayat Boulevard 1B were fetching at the time (AED 1,520). 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
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 2nd floor

All 195 units in Hayat Boulevard 1B
Value
2012-bedAED 871K · Dec 2017
2023-bedAED 1.19M · Nov 2016
2031-bedAED 227K · Dec 2022
2041-bedAED 591K · Jan 2018
2051-bedAED 704K · Oct 2024
2071-bedAED 675K · May 2024
2081-bedAED 685K · May 2024
1–7 of 27

206, Hayat Boulevard 1B in numbers

  • Sold twice: first on 22 June 2017 for AED 409,888, last on 19 December 2024 for AED 460,000 (AED 1,463 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 23,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 5,300 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 3 March 2025.

Questions about 206, Hayat Boulevard 1B

What did unit 206 last sell for?

AED 460,000 on 19 December 2024: AED 1,463 per sqft for 314 sqft. The unit has 2 registered sales; the first was AED 409,888 in June 2017.

What is the rent for unit 206?

AED 38,000 a year on the contract signed on 3 March 2025. The previous contract, from January 2024, was AED 25,300; the unit has been rented since January 2022.

How big is unit 206?

314 sqft (29.2 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 206 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 206, Hayat Boulevard 1B

Starts from the last sale price (AED 460K, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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