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1-bed · 656 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

403, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 29 November 2024
Last soldAED 678K5 January 2017
Current rentAED 45K /yr29 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 403, Hayat Boulevard 1B

What is 403 worth today?

Last sold for AED 677,888 in 2017

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29 Nov 2024RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
30 Sep 2023RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
20 Jun 2022RentedRenewal
AED 32,000/yr12 months · AED 49 per sqft
20 Jun 2021RentedRenewal
AED 32,000/yr12 months · AED 49 per sqft
5 Jan 2017Sold by developerOff-plan
AED 677,888AED 1,032 per sqft

Source: Dubai Land Department. Updated 29 November 2024.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
4th of 7
Parking
G-18
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,100 /yr
Last sold
AED 678K · January 2017
Building
Hayat Boulevard 1B

About 403, Hayat Boulevard 1B

403 is a one-bedroom apartment of 656 sqft on the 4th 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 677,888, or AED 1,032 per sqft, 6% above the AED 973 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 29 November 2024, is AED 45,000 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 11,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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 677,888 (AED 1,032 per sqft)

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

Rents
Unit 403, 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 65,000Renewal, June 2021: AED 32,000 a yearRenewal, June 2022: AED 32,000 a yearNew contract, September 2023: AED 32,000 a yearNew contract, November 2024: AED 45,000 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 403 sits

All 77 1-beds →

403 last sold in January 2017 at AED 1,032 per sqft, 6% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 973). 403's AED 45,000 is at the bottom 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 4th floor

All 195 units in Hayat Boulevard 1B
Value
4012-bedAED 1M · Mar 2025
4023-bedAED 1.35M · Dec 2023
4041-bedAED 619K · Nov 2016
4051-bedAED 669K · Dec 2017
406StudioAED 430K · Jan 2017
4071-bedAED 646K · Sep 2020
4081-bedAED 709K · Nov 2016
1–7 of 28

403, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 5 January 2017 for AED 677,888, or AED 1,032 per sqft.
  • Rented since June 2021 on 4 Ejari contracts, from AED 32,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 6.6%, before a service charge of about AED 11,100 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 29 November 2024.

Questions about 403, Hayat Boulevard 1B

What did unit 403 last sell for?

AED 677,888 on 5 January 2017, sold by the developer: AED 1,032 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 45,000 a year on the contract signed on 29 November 2024. The previous contract, from September 2023, was AED 32,000; the unit has been rented since June 2021.

How big is unit 403?

656 sqft (60.9 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 403 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 403, Hayat Boulevard 1B

Starts from the last sale price (AED 678K, 5 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 677,888
Deposit, UAE resident (20%)
AED 135,578
Deposit, non-resident (40%)
AED 271,155
Monthly over 25 years at 3.7%
AED 2,773

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