2-bed · 938 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

708, Hayat Boulevard 1B

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

Unit 708 · DLD and Ejari recordsUpdated 22 May 2025
Last soldAED 600K6 May 2021
Current rentAED 84K /yr22 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Hayat Boulevard 1B

What is 708 worth today?

Last sold for AED 600,000 in 2021

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22 May 2025RentedRenewal
AED 84,000/yr12 months · AED 90 per sqft
22 May 2024RentedRenewal
AED 79,000/yr12 months · AED 84 per sqft
22 May 2023RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
6 Jun 2022RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
6 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
6 May 2021SoldReady
AED 600,000AED 639 per sqft
4 Dec 2016Sold by developerOff-plan
AED 905,888AED 966 per sqft

Source: Dubai Land Department. Updated 22 May 2025.

Key facts

Type
2-bed apartment
Size
938 sqft
Floor
7th of 7
Parking
P-110
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 600K · May 2021

About 708, Hayat Boulevard 1B

708 is a two-bedroom apartment of 938 sqft on the 7th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 6 May 2021 for AED 600,000, or AED 639 per sqft, 24% below the AED 842 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 22 May 2025, is AED 84,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 15,900 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical two-bed in Hayat Boulevard 1B
750K1M2016201920222025Typical 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, December 2016: AED 905,888 (AED 966 per sqft)Sold, May 2021: AED 600,000 (AED 639 per sqft)

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

Rents
Unit 708, 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, June 2021: AED 48,000 a yearRenewal, June 2022: AED 50,000 a yearNew contract, May 2023: AED 75,000 a yearRenewal, May 2024: AED 79,000 a yearRenewal, May 2025: AED 84,000 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 708 sits

All 64 2-beds →

708 last sold in May 2021 at AED 639 per sqft, 24% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 842). 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. 708's AED 84,000 is in the upper 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 7th floor

All 195 units in Hayat Boulevard 1B
Value
7012-bedAED 936K · Sep 2017
7023-bedAED 1.25M · Jun 2021
7032-bedAED 930K · Jun 2024
704StudioAED 440K · Jan 2018
7051-bedAED 608K · Jan 2017
7064-bedAED 2.1M · Oct 2024
7072-bedAED 1.18M · Oct 2017
1–7 of 24

708, Hayat Boulevard 1B in numbers

  • Sold twice: first on 4 December 2016 for AED 905,888, last on 6 May 2021 for AED 600,000 (AED 639 per sqft).
  • Rented since June 2021 on 5 Ejari contracts, from AED 48,000 to AED 84,000 a year.
  • At AED 84,000 a year the gross yield on the 2021 price is 14.0%, before a service charge of about AED 15,900 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 22 May 2025.

Questions about 708, Hayat Boulevard 1B

What did unit 708 last sell for?

AED 600,000 on 6 May 2021: AED 639 per sqft for 938 sqft. The unit has 2 registered sales; the first was AED 905,888 in December 2016.

What is the rent for unit 708?

AED 84,000 a year on the contract renewed on 22 May 2025. The previous contract, from May 2024, was AED 79,000; the unit has been rented since June 2021.

How big is unit 708?

938 sqft (87.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 708 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 708, Hayat Boulevard 1B

Starts from the last sale price (AED 600K, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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