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3-bed · 1,414 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

502, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in May 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 24 September 2025
Last soldAED 1.23M2 May 2021
Current rentAED 97K /yr24 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Hayat Boulevard 1B

What is 502 worth today?

Last sold for AED 1,225,888 in 2021

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24 Sep 2025RentedRenewal
AED 96,800/yr12 months · AED 69 per sqft
24 Sep 2024RentedRenewal
AED 88,000/yr12 months · AED 62 per sqft
24 Sep 2023RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
24 Sep 2022RentedRenewal
AED 75,000/yr12 months · AED 53 per sqft
2 May 2021Sold by developerReady
AED 1,225,888AED 866 per sqft

Source: Dubai Land Department. Updated 24 September 2025.

Key facts

Type
3-bed apartment
Size
1,414 sqft
Floor
5th of 7
Parking
P-97
Developer
Nshmi Development
Completed
2020
Service charge
AED 24,000 /yr
Last sold
AED 1.23M · May 2021
Building
Hayat Boulevard 1B

About 502, Hayat Boulevard 1B

502 is a three-bedroom apartment of 1,414 sqft on the 5th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 2 May 2021 for AED 1,225,888, or AED 866 per sqft, 14% above the AED 760 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 24 September 2025, is AED 96,800 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 24,000 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Hayat Boulevard 1B
1.2M1.4M20172019202120232025Typical sale price by year: 2017 AED 1,258,888; 2020 AED 1,154,888; 2021 AED 1,240,888; 2023 AED 1,350,888; 2024 AED 1,525,000Sold by developer, May 2021: AED 1,225,888 (AED 866 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in Hayat Boulevard 1B
75K100K125K2020202220242026Typical rent by year: 2020 AED 65,000; 2021 AED 70,000; 2022 AED 74,900; 2023 AED 78,588; 2024 AED 115,000; 2025 AED 120,000Renewal, September 2022: AED 75,000 a yearRenewal, September 2023: AED 80,000 a yearRenewal, September 2024: AED 88,000 a yearRenewal, September 2025: AED 96,800 a year

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

3-beds in Hayat Boulevard 1B, and where 502 sits

All 23 3-beds →

502 last sold in May 2021 at AED 866 per sqft, 14% above what three-beds in Hayat Boulevard 1B were fetching at the time (AED 760).

Recent 3-bed salesUnit no.Price (AED)Summary
28 Oct 20241,550,000
17 Oct 20241,775,000
24 Jul 20241,400,000
23 Jul 20241,500,000
0 3-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 5th floor

All 195 units in Hayat Boulevard 1B
Value
5012-bedAED 1.1M · Jan 2025
5031-bedAED 669K · Feb 2017
504AED 776K · Aug 2025
5051-bedAED 658K · Sep 2017
506StudioAED 305K · Nov 2021
5071-bedAED 651K · Jun 2019
5081-bedAED 696K · Feb 2017
1–7 of 28

502, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 2 May 2021 for AED 1,225,888, or AED 866 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 75,000 to AED 96,800 a year.
  • At AED 96,800 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 24,000 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 24 September 2025.

Questions about 502, Hayat Boulevard 1B

What did unit 502 last sell for?

AED 1,225,888 on 2 May 2021, sold by the developer: AED 866 per sqft for 1,414 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 96,800 a year on the contract renewed on 24 September 2025. The previous contract, from September 2024, was AED 88,000; the unit has been rented since September 2022.

How big is unit 502?

1,414 sqft (131.4 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 502 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 502, Hayat Boulevard 1B

Starts from the last sale price (AED 1.23M, 2 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,888
Deposit, UAE resident (20%)
AED 245,178
Deposit, non-resident (40%)
AED 490,355
Monthly over 25 years at 3.7%
AED 5,015

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