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1-bed · 744 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

409, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 631K19 July 2020
Current rentAED 70K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, Hayat Boulevard 1B

What is 409 worth today?

Last sold for AED 630,888 in 2020

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15 Aug 2025RentedRenewal
AED 70,000/yr12 months · AED 94 per sqft
1 Jul 2023RentedNew contract
AED 55,000/yr12 months · AED 74 per sqft
22 Jul 2022RentedNew contract
AED 43,000/yr12 months · AED 58 per sqft
5 Jun 2022RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
19 Jul 2020Sold by developerReady
AED 630,888AED 848 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
4th of 7
Parking
G-24
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 631K · July 2020
Building
Hayat Boulevard 1B

About 409, Hayat Boulevard 1B

409 is a one-bedroom apartment of 744 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 19 July 2020 for AED 630,888, or AED 848 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 70,000 a year: a gross yield of 11.1% on the 2020 price, before the service charge of about AED 12,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, July 2020: AED 630,888 (AED 848 per sqft)

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

Rents
Unit 409, 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, June 2022: AED 45,000 a yearNew contract, July 2022: AED 43,000 a yearNew contract, July 2023: AED 55,000 a yearRenewal, August 2025: AED 70,000 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 409 sits

All 77 1-beds →

409's AED 70,000 is in the upper 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
4041-bedAED 619K · Nov 2016
4051-bedAED 669K · Dec 2017
406StudioAED 430K · Jan 2017
4071-bedAED 646K · Sep 2020
1–7 of 28

409, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 19 July 2020 for AED 630,888, or AED 848 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 45,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2020 price is 11.1%, before a service charge of about AED 12,600 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 409, Hayat Boulevard 1B

What did unit 409 last sell for?

AED 630,888 on 19 July 2020, sold by the developer: AED 848 per sqft for 744 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 70,000 a year on the contract renewed on 15 August 2025. The previous contract, from July 2023, was AED 55,000; the unit has been rented since June 2022.

How big is unit 409?

744 sqft (69.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 409 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 409, Hayat Boulevard 1B

Starts from the last sale price (AED 631K, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 630,888
Deposit, UAE resident (20%)
AED 126,178
Deposit, non-resident (40%)
AED 252,355
Monthly over 25 years at 3.7%
AED 2,581

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