616, Hayat Boulevard 1B
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, Hayat Boulevard 1B
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 546 sqft
- Floor
- 6th of 7
- Parking
- G-78
- Developer
- Nshmi Development
- Completed
- 2020
- Service charge
- AED 9,300 /yr
- Last sold
- AED 625K · December 2024
- Building
- Hayat Boulevard 1B
About 616, Hayat Boulevard 1B
616 is a one-bedroom apartment of 546 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 19 December 2024 for AED 625,000, or AED 1,144 per sqft, 9% above the AED 1,048 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 May 2025, is AED 55,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 9,300 a year.
Sales and rents for 616 over time
616 has sold twice; the dashed line is the one-bed median of each year in the building.
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 616 sits
All 77 1-beds →616 last sold in December 2024 at AED 1,144 per sqft, 9% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 1,048). 616's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jul 202514 July 2025 | 633 sqft | 800,000 | 1,263 | ||
| 29 May 202529 May 2025 | 608 sqft | 760,000 | 1,249 | ||
| 26 May 202526 May 2025 | 693 sqft | 785,000 | 1,132 | ||
| 9 May 20259 May 2025 | 681 sqft | 770,000 | 1,131 |
Hayat Boulevard 1B
Building195 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%
Other units on the 6th floor
All 195 units in Hayat Boulevard 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 934 sqft | AED 923KAED 922,888 · Jul 2017July 2017 | 80,000 /yr | |
| 602 | 3-bed | 2,657 sqft | AED 1.5MAED 1,500,000 · Feb 2023February 2023 | 115,000 /yr | |
| 603 | 2-bed | 897 sqft | AED 840KAED 840,000 · Jul 2023July 2023 | 58,000 /yr | |
| 604 | Studio | 313 sqft | AED 525KAED 525,000 · Dec 2025December 2025 | 30,000 /yr | |
| 605 | 1-bed | 547 sqft | AED 649KAED 648,888 · Dec 2016December 2016 | 70,000 /yr | |
| 606 | 1-bed | 742 sqft | AED 721KAED 720,888 · Nov 2016November 2016 | 63,000 /yr | |
| 607 | 1-bed | 671 sqft | AED 475KAED 475,000 · Mar 2023March 2023 | 50,000 /yr | |
| 608 | 2-bed | 882 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 86,000 /yr | |
| 609 | 2-bed | 878 sqft | AED 800KAED 800,000 · Aug 2023August 2023 | 55,000 /yr | |
| 610 | 1-bed | 633 sqft | AED 800KAED 800,000 · Jul 2025July 2025 | 70,000 /yr | |
| 611 | 1-bed | 624 sqft | AED 671KAED 670,888 · Mar 2017March 2017 | 67,000 /yr | |
| 612 | 881 sqft | AED 1.15MAED 1,150,000 · Oct 2025October 2025 | 86,000 /yr | ||
| 613 | 2-bed | 887 sqft | AED 850KAED 850,000 · May 2023May 2023 | 40,000 /yr | |
| 614 | 1-bed | 671 sqft | AED 600KAED 600,000 · Sep 2024September 2024 | 63,000 /yr | |
| 615 | 1-bed | 680 sqft | AED 692KAED 691,888 · Nov 2016November 2016 | 65,000 /yr | |
| 617 | Studio | 313 sqft | AED 380KAED 380,000 · Nov 2023November 2023 | 32,000 /yr | |
| 618 | 2-bed | 897 sqft | AED 1.12MAED 1,115,000 · Jan 2025January 2025 | 85,059 /yr | |
| 619 | 3-bed | 2,652 sqft | AED 1.55MAED 1,550,888 · Dec 2023December 2023 | ||
| 620 | 2-bed | 935 sqft | AED 920KAED 920,000 · Aug 2023August 2023 | ||
| 621 | 1-bed | 580 sqft | AED 649KAED 648,888 · Nov 2016November 2016 | ||
| 622 | 2-bed | 976 sqft | AED 918KAED 917,888 · Nov 2016November 2016 | ||
| 623 | 2-bed | 1,102 sqft | AED 1.35MAED 1,350,888 · Jan 2025January 2025 | 60,000 /yr | |
| 624 | 2-bed | 901 sqft | AED 895KAED 894,888 · Nov 2016November 2016 | 100,000 /yr | |
| 625 | 3-bed | 1,370 sqft | AED 1.23MAED 1,225,888 · Jun 2021June 2021 |
616, Hayat Boulevard 1B in numbers
- Sold twice: first on 31 January 2017 for AED 598,888, last on 19 December 2024 for AED 625,000 (AED 1,144 per sqft).
- Rented since May 2021 on 4 Ejari contracts, from AED 27,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 9,300 a year (AED 16.97 per sqft).
Source: Dubai Land Department. Updated 1 May 2025.
Questions about 616, Hayat Boulevard 1B
What did unit 616 last sell for?
AED 625,000 on 19 December 2024: AED 1,144 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 598,888 in January 2017.
What is the rent for unit 616?
AED 55,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2024, was AED 41,400; the unit has been rented since May 2021.
How big is unit 616?
546 sqft (50.7 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2020.
What is unit 616 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 616, Hayat Boulevard 1B
Starts from the last sale price (AED 625K, 19 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →