1-bed · 580 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

721, Hayat Boulevard 1B

Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 637K17 November 2016
Current rentAED 45K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Hayat Boulevard 1B

What is 721 worth today?

Last sold for AED 636,888 in 2016

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15 Jul 2025RentedRenewal
AED 45,294/yr12 months · AED 79 per sqft
15 Jul 2024RentedRenewal
AED 43,137/yr12 months · AED 76 per sqft
15 Jul 2022RentedRenewal
AED 35,650/yr12 months · AED 61 per sqft
15 Jul 2021RentedRenewal
AED 31,000/yr12 months · AED 53 per sqft
15 Jul 2020RentedNew contract
AED 31,000/yr12 months · AED 53 per sqft
17 Nov 2016Sold by developerOff-plan
AED 636,888AED 1,098 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
1-bed apartment
Size
580 sqft
Floor
7th of 7
Parking
G-84
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 637K · November 2016

About 721, Hayat Boulevard 1B

721 is a one-bedroom apartment of 580 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 17 November 2016 for AED 636,888, or AED 1,098 per sqft, 13% above the AED 972 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 45,294 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 9,800 a year.

Sales and rents for 721 over time

Sales
Unit 721, 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, November 2016: AED 636,888 (AED 1,098 per sqft)

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

Rents
Unit 721, 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, July 2020: AED 31,000 a yearRenewal, July 2021: AED 31,000 a yearRenewal, July 2022: AED 35,650 a yearRenewal, July 2024: AED 43,137 a yearRenewal, July 2025: AED 45,294 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 721 sits

All 77 1-beds →

721 last sold in November 2016 at AED 1,098 per sqft, 13% above what one-beds in Hayat Boulevard 1B were fetching at the time (AED 972). 721's AED 45,294 is at the bottom 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

721, Hayat Boulevard 1B in numbers

  • Sold once: by Nshmi Development on 17 November 2016 for AED 636,888, or AED 1,098 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 31,000 to AED 45,294 a year.
  • At AED 45,294 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 9,800 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 15 July 2025.

Questions about 721, Hayat Boulevard 1B

What did unit 721 last sell for?

AED 636,888 on 17 November 2016, sold by the developer: AED 1,098 per sqft for 580 sqft. It is the only registered sale of the unit.

What is the rent for unit 721?

AED 45,294 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 43,137; the unit has been rented since July 2020.

How big is unit 721?

580 sqft (53.9 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 721 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 721, Hayat Boulevard 1B

Starts from the last sale price (AED 637K, 17 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 636,888
Deposit, UAE resident (20%)
AED 127,378
Deposit, non-resident (40%)
AED 254,755
Monthly over 25 years at 3.7%
AED 2,606

Plus AED 31,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →