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1-bed · 604 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

404, 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 404 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 619K17 November 2016
Current rentAED 60K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Hayat Boulevard 1B

What is 404 worth today?

Last sold for AED 618,888 in 2016

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1 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 99 per sqft
22 Sep 2023RentedRenewal
AED 39,682/yr12 months · AED 66 per sqft
22 Sep 2022RentedNew contract
AED 36,000/yr12 months · AED 60 per sqft
2 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 50 per sqft
17 Nov 2016Sold by developerOff-plan
AED 618,888AED 1,024 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
604 sqft
Floor
4th of 7
Parking
G-19
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 619K · November 2016
Building
Hayat Boulevard 1B

About 404, Hayat Boulevard 1B

404 is a one-bedroom apartment of 604 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 17 November 2016 for AED 618,888, or AED 1,024 per sqft, 5% above the AED 972 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 1 March 2025, is AED 60,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 10,300 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, November 2016: AED 618,888 (AED 1,024 per sqft)

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

Rents
Unit 404, 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, September 2021: AED 30,000 a yearNew contract, September 2022: AED 36,000 a yearRenewal, September 2023: AED 39,682 a yearNew contract, March 2025: AED 60,000 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 404 sits

All 77 1-beds →

404 last sold in November 2016 at AED 1,024 per sqft, 5% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 972). 404's AED 60,000 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 4th floor

All 195 units in Hayat Boulevard 1B
Value
4012-bedAED 1M · Mar 2025
4023-bedAED 1.35M · Dec 2023
4031-bedAED 678K · Jan 2017
4051-bedAED 669K · Dec 2017
406StudioAED 430K · Jan 2017
4071-bedAED 646K · Sep 2020
4081-bedAED 709K · Nov 2016
1–7 of 28

404, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 618,888, or AED 1,024 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 10,300 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 1 March 2025.

Questions about 404, Hayat Boulevard 1B

What did unit 404 last sell for?

AED 618,888 on 17 November 2016, sold by the developer: AED 1,024 per sqft for 604 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 60,000 a year on the contract signed on 1 March 2025. The previous contract, from September 2023, was AED 39,682; the unit has been rented since September 2021.

How big is unit 404?

604 sqft (56.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 404 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 404, Hayat Boulevard 1B

Starts from the last sale price (AED 619K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 618,888
Deposit, UAE resident (20%)
AED 123,778
Deposit, non-resident (40%)
AED 247,555
Monthly over 25 years at 3.7%
AED 2,532

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