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1-bed · 608 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

518, Hayat Boulevard 1B

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 4 September 2025
Last soldAED 760K29 May 2025
Current rentAED 60K /yr4 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Hayat Boulevard 1B

What is 518 worth today?

Last sold for AED 760,000 in 2025

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4 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 100 per sqft
29 May 2025SoldReady
AED 760,000AED 1,249 per sqft
10 Aug 2024RentedNew contract
AED 58,000/yr12 months · AED 96 per sqft
8 Apr 2023RentedNew contract
AED 52,000/yr12 months · AED 86 per sqft
7 Mar 2023SoldReady
AED 505,000AED 830 per sqft
13 Apr 2017Sold by developerOff-plan
AED 599,888AED 986 per sqft

Source: Dubai Land Department. Updated 4 September 2025.

Key facts

Type
1-bed apartment
Size
608 sqft
Floor
5th of 7
Parking
G-83
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 760K · May 2025
Building
Hayat Boulevard 1B

About 518, Hayat Boulevard 1B

518 is a one-bedroom apartment of 608 sqft on the 5th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 29 May 2025 for AED 760,000, or AED 1,249 per sqft, 15% above the AED 1,087 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 4 September 2025, is AED 60,000 a year: a gross yield of 7.9% on the 2025 price, before the service charge of about AED 10,300 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, April 2017: AED 599,888 (AED 986 per sqft)Sold, March 2023: AED 505,000 (AED 830 per sqft)Sold, May 2025: AED 760,000 (AED 1,249 per sqft)

518 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 518, 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, April 2023: AED 52,000 a yearNew contract, August 2024: AED 58,000 a yearNew contract, September 2025: AED 60,000 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 518 sits

All 77 1-beds →

518 last sold in May 2025 at AED 1,249 per sqft, 15% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 1,087). 518's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jul 2025800,000
26 May 2025785,000
9 May 2025770,000
13 Mar 2025740,000
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
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

518, Hayat Boulevard 1B in numbers

  • Sold 3 times: first on 13 April 2017 for AED 599,888, last on 29 May 2025 for AED 760,000 (AED 1,249 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 52,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 7.9%, before a service charge of about AED 10,300 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 4 September 2025.

Questions about 518, Hayat Boulevard 1B

What did unit 518 last sell for?

AED 760,000 on 29 May 2025: AED 1,249 per sqft for 608 sqft. The unit has 3 registered sales; the first was AED 599,888 in April 2017.

What is the rent for unit 518?

AED 60,000 a year on the contract signed on 4 September 2025. The previous contract, from August 2024, was AED 58,000; the unit has been rented since April 2023.

How big is unit 518?

608 sqft (56.5 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 518 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 518, Hayat Boulevard 1B

Starts from the last sale price (AED 760K, 29 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

Plus AED 36,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →