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2-bed · 1,156 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

714, Hayat Boulevard 1B

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

Unit 714 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 901K20 January 2021
Current rentAED 85K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 714, Hayat Boulevard 1B

What is 714 worth today?

Last sold for AED 900,888 in 2021

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15 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
15 Jul 2024RentedNew contract
AED 85,000/yr12 months · AED 74 per sqft
23 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
20 Jan 2021Sold by developerReady
AED 900,888AED 778 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
2-bed apartment
Size
1,156 sqft
Floor
7th of 7
Parking
P-113
Developer
Nshmi Development
Completed
2020
Service charge
AED 19,600 /yr
Last sold
AED 901K · January 2021
Building
Hayat Boulevard 1B

About 714, Hayat Boulevard 1B

714 is a two-bedroom apartment of 1,156 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 20 January 2021 for AED 900,888, or AED 778 per sqft, 8% below the AED 846 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 85,000 a year: a gross yield of 9.4% on the 2021 price, before the service charge of about AED 19,600 a year.

Sales and rents for 714 over time

Sales
Unit 714, 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 2021: AED 900,888 (AED 778 per sqft)

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

Rents
Unit 714, 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 2023: AED 75,000 a yearNew contract, July 2024: AED 85,000 a yearRenewal, July 2025: AED 85,000 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 714 sits

All 64 2-beds →

714 last sold in January 2021 at AED 778 per sqft, 8% below what two-beds in Hayat Boulevard 1B were fetching at the time (AED 846). 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. 714's AED 85,000 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

714, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 20 January 2021 for AED 900,888, or AED 778 per sqft.
  • Rented since June 2023 on 3 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 9.4%, before a service charge of about AED 19,600 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 15 July 2025.

Questions about 714, Hayat Boulevard 1B

What did unit 714 last sell for?

AED 900,888 on 20 January 2021, sold by the developer: AED 778 per sqft for 1,156 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 85,000 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 85,000; the unit has been rented since June 2023.

How big is unit 714?

1,156 sqft (107.4 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 714 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 714, Hayat Boulevard 1B

Starts from the last sale price (AED 901K, 20 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 900,888
Deposit, UAE resident (20%)
AED 180,178
Deposit, non-resident (40%)
AED 360,355
Monthly over 25 years at 3.7%
AED 3,686

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