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1-bed · 655 sqftHayat Boulevard 1B, Town Square · 5th floor · completed 2020

520, 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 520 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 627K22 February 2017
Current rentAED 56K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 520, Hayat Boulevard 1B

What is 520 worth today?

Last sold for AED 626,888 in 2017

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5 Jul 2024RentedNew contract
AED 56,000/yr12 months · AED 87 per sqft
29 Aug 2023RentedRenewal
AED 44,500/yr12 months · AED 68 per sqft
29 Aug 2022RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
20 Jul 2021RentedRenewal
AED 32,000/yr12 months · AED 49 per sqft
20 Jul 2020RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
22 Feb 2017Sold by developerOff-plan
AED 626,888AED 956 per sqft

Source: Dubai Land Department. Updated 5 July 2024.

Key facts

Type
1-bed apartment
Size
655 sqft
Floor
5th of 7
Parking
G-28
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,100 /yr
Last sold
AED 627K · February 2017
Building
Hayat Boulevard 1B

About 520, Hayat Boulevard 1B

520 is a one-bedroom apartment of 655 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 22 February 2017 for AED 626,888, or AED 956 per sqft, in line with the AED 975 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 July 2024, is AED 56,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 11,100 a year.

Sales and rents for 520 over time

Sales
Unit 520, 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 626,888 (AED 956 per sqft)

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

Rents
Unit 520, 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, July 2020: AED 32,000 a yearRenewal, July 2021: AED 32,000 a yearNew contract, August 2022: AED 42,000 a yearRenewal, August 2023: AED 44,500 a yearNew contract, July 2024: AED 56,000 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 520 sits

All 77 1-beds →

520 last sold in February 2017 at AED 956 per sqft, in line with what one-beds in Hayat Boulevard 1B were fetching at the time (AED 975). 520's AED 56,000 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
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

520, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 22 February 2017 for AED 626,888, or AED 956 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 32,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 11,100 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 5 July 2024.

Questions about 520, Hayat Boulevard 1B

What did unit 520 last sell for?

AED 626,888 on 22 February 2017, sold by the developer: AED 956 per sqft for 655 sqft. It is the only registered sale of the unit.

What is the rent for unit 520?

AED 56,000 a year on the contract signed on 5 July 2024. The previous contract, from August 2023, was AED 44,500; the unit has been rented since July 2020.

How big is unit 520?

655 sqft (60.9 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 520 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 520, Hayat Boulevard 1B

Starts from the last sale price (AED 627K, 22 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 626,888
Deposit, UAE resident (20%)
AED 125,378
Deposit, non-resident (40%)
AED 250,755
Monthly over 25 years at 3.7%
AED 2,565

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