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1-bed · 603 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

421, 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 421 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 555K17 November 2016
Current rentAED 44K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, Hayat Boulevard 1B

What is 421 worth today?

Last sold for AED 554,888 in 2016

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15 Mar 2025RentedRenewal
AED 44,000/yr12 months · AED 73 per sqft
15 Mar 2024RentedRenewal
AED 40,000/yr12 months · AED 66 per sqft
15 Mar 2023RentedRenewal
AED 36,000/yr12 months · AED 60 per sqft
15 Mar 2022RentedRenewal
AED 32,400/yr12 months · AED 54 per sqft
15 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 50 per sqft
17 Nov 2016Sold by developerOff-plan
AED 554,888AED 920 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
1-bed apartment
Size
603 sqft
Floor
4th of 7
Parking
G-37
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 555K · November 2016
Building
Hayat Boulevard 1B

About 421, Hayat Boulevard 1B

421 is a one-bedroom apartment of 603 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 554,888, or AED 920 per sqft, 5% below the AED 972 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 15 March 2025, is AED 44,000 a year: a gross yield of 7.9% on the 2016 price, before the service charge of about AED 10,200 a year.

Sales and rents for 421 over time

Sales
Unit 421, 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 554,888 (AED 920 per sqft)

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

Rents
Unit 421, 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, March 2021: AED 30,000 a yearRenewal, March 2022: AED 32,400 a yearRenewal, March 2023: AED 36,000 a yearRenewal, March 2024: AED 40,000 a yearRenewal, March 2025: AED 44,000 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 421 sits

All 77 1-beds →

421 last sold in November 2016 at AED 920 per sqft, 5% below what one-beds in Hayat Boulevard 1B were fetching at the time (AED 972). 421's AED 44,000 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
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

421, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 554,888, or AED 920 per sqft.
  • Rented since March 2021 on 5 Ejari contracts, from AED 30,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2016 price is 7.9%, before a service charge of about AED 10,200 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 15 March 2025.

Questions about 421, Hayat Boulevard 1B

What did unit 421 last sell for?

AED 554,888 on 17 November 2016, sold by the developer: AED 920 per sqft for 603 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 44,000 a year on the contract renewed on 15 March 2025. The previous contract, from March 2024, was AED 40,000; the unit has been rented since March 2021.

How big is unit 421?

603 sqft (56.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 421 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 421, Hayat Boulevard 1B

Starts from the last sale price (AED 555K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 554,888
Deposit, UAE resident (20%)
AED 110,978
Deposit, non-resident (40%)
AED 221,955
Monthly over 25 years at 3.7%
AED 2,270

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