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1-bed · 608 sqftHayat Boulevard 1B, Town Square · 3rd floor · completed 2020

318, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 25 September 2025
Last soldAED 616K5 January 2017
Current rentAED 59K /yr25 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, Hayat Boulevard 1B

What is 318 worth today?

Last sold for AED 615,888 in 2017

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25 Sep 2025RentedNew contract
AED 59,000/yr12 months · AED 97 per sqft
25 Sep 2024RentedNew contract
AED 56,000/yr12 months · AED 92 per sqft
10 Sep 2023RentedRenewal
AED 39,000/yr12 months · AED 65 per sqft
10 Sep 2022RentedNew contract
AED 34,500/yr12 months · AED 57 per sqft
1 Aug 2021RentedNew contract
AED 32,000/yr13 months · AED 53 per sqft
15 Jul 2020RentedNew contract
AED 32,000/yr12 months · AED 53 per sqft
5 Jan 2017Sold by developerOff-plan
AED 615,888AED 1,013 per sqft

Source: Dubai Land Department. Updated 25 September 2025.

Key facts

Type
1-bed apartment
Size
608 sqft
Floor
3rd of 7
Parking
G-11
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 616K · January 2017
Building
Hayat Boulevard 1B

About 318, Hayat Boulevard 1B

318 is a one-bedroom apartment of 608 sqft on the 3rd floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 5 January 2017 for AED 615,888, or AED 1,013 per sqft, 4% above the AED 973 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 September 2025, is AED 59,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 10,300 a year.

Sales and rents for 318 over time

Sales
Unit 318, each saleTypical one-bed in Hayat Boulevard 1B
600K800K2016201920222025Typical sale price by year: 2016 AED 648,888; 2017 AED 657,888; 2018 AED 652,888; 2020 AED 626,888; 2021 AED 475,000; 2023 AED 547,500; 2024 AED 670,000; 2025 AED 765,000Sold by developer, January 2017: AED 615,888 (AED 1,013 per sqft)

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

Rents
Unit 318, each contractTypical one-bed in Hayat Boulevard 1B
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 32,000; 2022 AED 35,650; 2023 AED 42,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 65,000New contract, July 2020: AED 32,000 a yearNew contract, August 2021: AED 32,000 a yearNew contract, September 2022: AED 34,500 a yearRenewal, September 2023: AED 39,000 a yearNew contract, September 2024: AED 56,000 a yearNew contract, September 2025: AED 59,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Hayat Boulevard 1B, and where 318 sits

All 77 1-beds →

318 last sold in January 2017 at AED 1,013 per sqft, 4% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 973). 318's AED 59,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 2025800,000
29 May 2025760,000
26 May 2025785,000
9 May 2025770,000
0 1-bed sales 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

318, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 5 January 2017 for AED 615,888, or AED 1,013 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 32,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 10,300 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 25 September 2025.

Questions about 318, Hayat Boulevard 1B

What did unit 318 last sell for?

AED 615,888 on 5 January 2017, sold by the developer: AED 1,013 per sqft for 608 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 59,000 a year on the contract signed on 25 September 2025. The previous contract, from September 2024, was AED 56,000; the unit has been rented since July 2020.

How big is unit 318?

608 sqft (56.5 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 318 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 318, Hayat Boulevard 1B

Starts from the last sale price (AED 616K, 5 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 615,888
Deposit, UAE resident (20%)
AED 123,178
Deposit, non-resident (40%)
AED 246,355
Monthly over 25 years at 3.7%
AED 2,520

Plus AED 30,878 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →