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2-bed · 878 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

511, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 817K9 February 2017
Current rentAED 64K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Hayat Boulevard 1B

What is 511 worth today?

Last sold for AED 816,888 in 2017

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1 Aug 2025RentedRenewal
AED 64,000/yr12 months · AED 73 per sqft
1 Aug 2024RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
1 Aug 2023RentedRenewal
AED 51,000/yr12 months · AED 58 per sqft
1 Aug 2021RentedRenewal
AED 43,000/yr12 months · AED 49 per sqft
9 Feb 2017Sold by developerOff-plan
AED 816,888AED 930 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
878 sqft
Floor
5th of 7
Parking
P-152
Developer
Nshmi Development
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 817K · February 2017
Building
Hayat Boulevard 1B

About 511, Hayat Boulevard 1B

511 is a two-bedroom apartment of 878 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 816,888, or AED 930 per sqft, in line with the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 64,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 14,900 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, February 2017: AED 816,888 (AED 930 per sqft)

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

Rents
Unit 511, 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 90,000Renewal, August 2021: AED 43,000 a yearRenewal, August 2023: AED 51,000 a yearRenewal, August 2024: AED 60,000 a yearRenewal, August 2025: AED 64,000 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 511 sits

All 64 2-beds →

511 last sold in February 2017 at AED 930 per sqft, in line with what two-beds in Hayat Boulevard 1B were fetching at the time (AED 930). 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. 511's AED 64,000 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 5th floor

All 195 units in Hayat Boulevard 1B
Value
5012-bedAED 1.1M · Jan 2025
5023-bedAED 1.23M · May 2021
5031-bedAED 669K · Feb 2017
504AED 776K · Aug 2025
5051-bedAED 658K · Sep 2017
506StudioAED 305K · Nov 2021
5071-bedAED 651K · Jun 2019
1–7 of 28

511, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 9 February 2017 for AED 816,888, or AED 930 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 43,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 14,900 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 August 2025.

Questions about 511, Hayat Boulevard 1B

What did unit 511 last sell for?

AED 816,888 on 9 February 2017, sold by the developer: AED 930 per sqft for 878 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 64,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 60,000; the unit has been rented since August 2021.

How big is unit 511?

878 sqft (81.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 511 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 511, Hayat Boulevard 1B

Starts from the last sale price (AED 817K, 9 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 816,888
Deposit, UAE resident (20%)
AED 163,378
Deposit, non-resident (40%)
AED 326,755
Monthly over 25 years at 3.7%
AED 3,342

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