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1-bed · 657 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

503, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 30 March 2025
Last soldAED 669K9 February 2017
Current rentAED 52K /yr30 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Hayat Boulevard 1B

What is 503 worth today?

Last sold for AED 668,888 in 2017

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30 Mar 2025RentedRenewal
AED 51,700/yr12 months · AED 79 per sqft
30 Mar 2024RentedRenewal
AED 47,000/yr12 months · AED 71 per sqft
30 Mar 2023RentedNew contract
AED 43,000/yr12 months · AED 65 per sqft
16 Dec 2022RentedRenewal
AED 37,142/yr6 months · AED 57 per sqft
18 Sep 2021RentedRenewal
AED 25,714/yr15 months · AED 39 per sqft
18 Aug 2020RentedNew contract
AED 32,000/yr13 months · AED 49 per sqft
9 Feb 2017Sold by developerOff-plan
AED 668,888AED 1,017 per sqft

Source: Dubai Land Department. Updated 30 March 2025.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
5th of 7
Parking
G-64
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 669K · February 2017
Building
Hayat Boulevard 1B

About 503, Hayat Boulevard 1B

503 is a one-bedroom apartment of 657 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 9 February 2017 for AED 668,888, or AED 1,017 per sqft, 4% above the AED 975 one-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 30 March 2025, is AED 51,700 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 11,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, February 2017: AED 668,888 (AED 1,017 per sqft)

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

Rents
Unit 503, each contractTypical one-bed in Hayat Boulevard 1B
20K40K60K2020202220242026Typical 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, August 2020: AED 32,000 a yearRenewal, September 2021: AED 25,714 a yearRenewal, December 2022: AED 37,142 a yearNew contract, March 2023: AED 43,000 a yearRenewal, March 2024: AED 47,000 a yearRenewal, March 2025: AED 51,700 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 503 sits

All 77 1-beds →

503 last sold in February 2017 at AED 1,017 per sqft, 4% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 975). 503's AED 51,700 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 5th floor

All 195 units in Hayat Boulevard 1B
Value
5012-bedAED 1.1M · Jan 2025
5023-bedAED 1.23M · May 2021
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

503, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 9 February 2017 for AED 668,888, or AED 1,017 per sqft.
  • Rented since August 2020 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 25,714 in 2021 and recovered to AED 51,700 by March 2025.
  • At AED 51,700 a year the gross yield on the 2017 price is 7.7%, before a service charge of about AED 11,200 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 30 March 2025.

Questions about 503, Hayat Boulevard 1B

What did unit 503 last sell for?

AED 668,888 on 9 February 2017, sold by the developer: AED 1,017 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 51,700 a year on the contract renewed on 30 March 2025. The previous contract, from March 2024, was AED 47,000; the unit has been rented since August 2020.

How big is unit 503?

657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 503 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 503, Hayat Boulevard 1B

Starts from the last sale price (AED 669K, 9 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 668,888
Deposit, UAE resident (20%)
AED 133,778
Deposit, non-resident (40%)
AED 267,555
Monthly over 25 years at 3.7%
AED 2,737

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