1-bed · 624 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

711, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 26 April 2025
Last soldAED 686K30 January 2017
Current rentAED 61K /yr26 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Hayat Boulevard 1B

What is 711 worth today?

Last sold for AED 685,888 in 2017

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26 Apr 2025RentedNew contract
AED 61,000/yr12 months · AED 96 per sqft
1 Jan 2025RentedRenewal
AED 48,000/yr1 months · AED 76 per sqft
10 Sep 2024RentedNew contract
AED 39,141/yr4 months · AED 62 per sqft
10 Sep 2023RentedRenewal
AED 44,000/yr12 months · AED 69 per sqft
10 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
15 Aug 2021RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
15 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
30 Jan 2017Sold by developerOff-plan
AED 685,888AED 1,099 per sqft

Source: Dubai Land Department. Updated 26 April 2025.

Key facts

Type
1-bed apartment
Size
624 sqft
Floor
7th of 7
Parking
G-61
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 686K · January 2017

About 711, Hayat Boulevard 1B

711 is a one-bedroom apartment of 624 sqft on the 7th floor of Hayat Boulevard 1B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 30 January 2017 for AED 685,888, or AED 1,099 per sqft, 13% above the AED 975 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 26 April 2025, is AED 61,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for 711 over time

Sales
Unit 711, 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, January 2017: AED 685,888 (AED 1,099 per sqft)

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

Rents
Unit 711, 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, August 2020: AED 28,000 a yearRenewal, August 2021: AED 28,000 a yearNew contract, September 2022: AED 40,000 a yearRenewal, September 2023: AED 44,000 a yearNew contract, September 2024: AED 39,141 a yearRenewal, January 2025: AED 48,000 a yearNew contract, April 2025: AED 61,000 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 711 sits

All 77 1-beds →

711 last sold in January 2017 at AED 1,099 per sqft, 13% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 975). 711's AED 61,000 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 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

711, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 30 January 2017 for AED 685,888, or AED 1,099 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 28,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 10,600 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 26 April 2025.

Questions about 711, Hayat Boulevard 1B

What did unit 711 last sell for?

AED 685,888 on 30 January 2017, sold by the developer: AED 1,099 per sqft for 624 sqft. It is the only registered sale of the unit.

What is the rent for unit 711?

AED 61,000 a year on the contract signed on 26 April 2025. The previous contract, from January 2025, was AED 48,000; the unit has been rented since August 2020.

How big is unit 711?

624 sqft (58.0 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 711 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 711, Hayat Boulevard 1B

Starts from the last sale price (AED 686K, 30 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 685,888
Deposit, UAE resident (20%)
AED 137,178
Deposit, non-resident (40%)
AED 274,355
Monthly over 25 years at 3.7%
AED 2,806

Plus AED 33,818 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →