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2-bed · 1,013 sqftHayat Boulevard 1B, Town Square · 3rd floor · completed 2020

314, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in February 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 314 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 850K20 February 2024
Current rentAED 53K /yr19 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 314, Hayat Boulevard 1B

What is 314 worth today?

Last sold for AED 850,000 in 2024

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20 Feb 2024SoldReady
AED 850,000AED 838 per sqft
19 Nov 2023RentedRenewal
AED 53,130/yr12 months · AED 53 per sqft
19 Nov 2022RentedRenewal
AED 48,300/yr12 months · AED 48 per sqft
19 Nov 2020RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
10 Jan 2017Sold by developerOff-plan
AED 828,888AED 817 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
2-bed apartment
Size
1,013 sqft
Floor
3rd of 7
Parking
P-65
Developer
Nshmi Development
Completed
2020
Service charge
AED 17,200 /yr
Last sold
AED 850K · February 2024
Building
Hayat Boulevard 1B

About 314, Hayat Boulevard 1B

314 is a two-bedroom apartment of 1,013 sqft on the 3rd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 20 February 2024 for AED 850,000, or AED 838 per sqft, 5% below the AED 880 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 19 November 2023, is AED 53,130 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 17,200 a year.

Sales and rents for 314 over time

Sales
Unit 314, 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, January 2017: AED 828,888 (AED 817 per sqft)Sold, February 2024: AED 850,000 (AED 838 per sqft)

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

Rents
Unit 314, 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, November 2020: AED 42,000 a yearRenewal, November 2022: AED 48,300 a yearRenewal, November 2023: AED 53,130 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 314 sits

All 64 2-beds →

314 last sold in February 2024 at AED 838 per sqft, 5% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 880). 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. 314's AED 53,130 is in the lower 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 3rd floor

All 195 units in Hayat Boulevard 1B
Value
3012-bedAED 884K · Dec 2017
3023-bedAED 1.12M · Jan 2021
3031-bedAED 650K · Nov 2016
3041-bedAED 600K · Nov 2016
3051-bedAED 639K · Jan 2017
306StudioAED 421K · Jul 2021
3071-bedAED 600K · Nov 2016
1–7 of 28

314, Hayat Boulevard 1B in numbers

  • Sold twice: first on 10 January 2017 for AED 828,888, last on 20 February 2024 for AED 850,000 (AED 838 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 42,000 to AED 53,130 a year.
  • At AED 53,130 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 17,200 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 20 February 2024.

Questions about 314, Hayat Boulevard 1B

What did unit 314 last sell for?

AED 850,000 on 20 February 2024: AED 838 per sqft for 1,013 sqft. The unit has 2 registered sales; the first was AED 828,888 in January 2017.

What is the rent for unit 314?

AED 53,130 a year on the contract renewed on 19 November 2023. The previous contract, from November 2022, was AED 48,300; the unit has been rented since November 2020.

How big is unit 314?

1,013 sqft (94.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 314 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 314, Hayat Boulevard 1B

Starts from the last sale price (AED 850K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

Plus AED 40,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →