2-bed · 901 sqftHayat Boulevard 1B, Town Square · 4th floor · completed 2020

428, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 428 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 869K17 November 2016
Current rentAED 67K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 428, Hayat Boulevard 1B

What is 428 worth today?

Last sold for AED 868,888 in 2016

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1 Jul 2025RentedRenewal
AED 66,701/yr12 months · AED 74 per sqft
1 Jul 2024RentedRenewal
AED 63,525/yr12 months · AED 70 per sqft
1 Jul 2023RentedRenewal
AED 60,500/yr12 months · AED 67 per sqft
1 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 61 per sqft
25 Jun 2021RentedRenewal
AED 38,000/yr12 months · AED 42 per sqft
25 Jun 2020RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
17 Nov 2016Sold by developerOff-plan
AED 868,888AED 964 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
901 sqft
Floor
4th of 7
Parking
P-59
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 869K · November 2016

About 428, Hayat Boulevard 1B

428 is a two-bedroom apartment of 901 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 868,888, or AED 964 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 66,701 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 15,300 a year.

Sales and rents for 428 over time

Sales
Unit 428, each saleTypical two-bed in Hayat Boulevard 1B
800K1M2016201920222025Typical sale price by year: 2016 AED 875,388; 2017 AED 883,888; 2020 AED 799,888; 2021 AED 900,888; 2022 AED 780,000; 2023 AED 845,000; 2024 AED 927,500; 2025 AED 1,073,000Sold by developer, November 2016: AED 868,888 (AED 964 per sqft)

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

Rents
Unit 428, each contractTypical two-bed in Hayat Boulevard 1B
50K75K2020202220242026Typical rent by year: 2020 AED 43,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 90,000New contract, June 2020: AED 42,000 a yearRenewal, June 2021: AED 38,000 a yearNew contract, July 2022: AED 55,000 a yearRenewal, July 2023: AED 60,500 a yearRenewal, July 2024: AED 63,525 a yearRenewal, July 2025: AED 66,701 a year

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

2-beds in Hayat Boulevard 1B, and where 428 sits

All 64 2-beds →

428 last sold in November 2016 at AED 964 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 956). Over the last 12 months two-beds sold for AED 1,150,000, around AED 1,309 per sqft, and rent for AED 45,500 to 100,000 a year. 428's AED 66,701 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jun 20251,073,000
11 Jun 20251,100,000
15 May 20251,050,000
18 Mar 20251,000,000
1 2-bed sale 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

428, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 868,888, or AED 964 per sqft.
  • Rented since June 2020 on 6 Ejari contracts, from AED 42,000 to AED 66,701 a year.
  • At AED 66,701 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 15,300 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 1B sold for AED 1,150,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,494 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 428, Hayat Boulevard 1B

What did unit 428 last sell for?

AED 868,888 on 17 November 2016, sold by the developer: AED 964 per sqft for 901 sqft. It is the only registered sale of the unit.

What is the rent for unit 428?

AED 66,701 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 63,525; the unit has been rented since June 2020.

How big is unit 428?

901 sqft (83.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 428 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Hayat Boulevard 1B sold for AED 1,150,000 to 1,150,000 in the last 12 months, around AED 1,309 per sqft.

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Mortgage on 428, Hayat Boulevard 1B

Starts from the last sale price (AED 869K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 868,888
Deposit, UAE resident (20%)
AED 173,778
Deposit, non-resident (40%)
AED 347,555
Monthly over 25 years at 3.7%
AED 3,555

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