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2-bed · 887 sqftHayat Boulevard 1B, Town Square · 6th floor · completed 2020

613, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in May 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 23 May 2023
Last soldAED 850K23 May 2023
Current rentAED 40K /yr29 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 613, Hayat Boulevard 1B

What is 613 worth today?

Last sold for AED 850,000 in 2023

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23 May 2023SoldReady
AED 850,000AED 958 per sqft
29 Mar 2022RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
29 Mar 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
8 Jan 2017Sold by developerOff-plan
AED 873,888AED 985 per sqft

Source: Dubai Land Department. Updated 23 May 2023.

Key facts

Type
2-bed apartment
Size
887 sqft
Floor
6th of 7
Parking
P-137
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 850K · May 2023
Building
Hayat Boulevard 1B

About 613, Hayat Boulevard 1B

613 is a two-bedroom apartment of 887 sqft on the 6th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 23 May 2023 for AED 850,000, or AED 958 per sqft, 21% above the AED 791 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 29 March 2022, is AED 40,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 15,000 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, January 2017: AED 873,888 (AED 985 per sqft)Sold, May 2023: AED 850,000 (AED 958 per sqft)

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

Rents
Unit 613, 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 90,000New contract, March 2021: AED 40,000 a yearNew contract, March 2022: AED 40,000 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 613 sits

All 64 2-beds →

613 last sold in May 2023 at AED 958 per sqft, 21% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 791). 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. 613's AED 40,000 is at the bottom 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 6th floor

All 195 units in Hayat Boulevard 1B
Value
6012-bedAED 923K · Jul 2017
6023-bedAED 1.5M · Feb 2023
6032-bedAED 840K · Jul 2023
604StudioAED 525K · Dec 2025
6051-bedAED 649K · Dec 2016
6061-bedAED 721K · Nov 2016
6071-bedAED 475K · Mar 2023
1–7 of 24

613, Hayat Boulevard 1B in numbers

  • Sold twice: first on 8 January 2017 for AED 873,888, last on 23 May 2023 for AED 850,000 (AED 958 per sqft).
  • Rented since March 2021 on 2 Ejari contracts, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 15,000 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 23 May 2023.

Questions about 613, Hayat Boulevard 1B

What did unit 613 last sell for?

AED 850,000 on 23 May 2023: AED 958 per sqft for 887 sqft. The unit has 2 registered sales; the first was AED 873,888 in January 2017.

What is the rent for unit 613?

AED 40,000 a year on the contract signed on 29 March 2022. The previous contract, from March 2021, was AED 40,000.

How big is unit 613?

887 sqft (82.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.

What is unit 613 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 613, Hayat Boulevard 1B

Starts from the last sale price (AED 850K, 23 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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