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2-bed · 901 sqftHayat Boulevard 1B, Town Square · 7th floor · completed 2020

724, Hayat Boulevard 1B

Sold prices and rental history: sold twice, last in March 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 18 March 2025
Last soldAED 1M18 March 2025
Current rentAED 80K /yr26 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 724, Hayat Boulevard 1B

What is 724 worth today?

Last sold for AED 1,000,000 in 2025

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18 Mar 2025SoldReady
AED 1,000,000AED 1,109 per sqft
26 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
25 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 78 per sqft
12 Jul 2021Sold by developerReady
AED 925,888AED 1,027 per sqft

Source: Dubai Land Department. Updated 18 March 2025.

Key facts

Type
2-bed apartment
Size
901 sqft
Floor
7th of 7
Parking
P-145
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,300 /yr
Last sold
AED 1M · March 2025
Building
Hayat Boulevard 1B

About 724, Hayat Boulevard 1B

724 is a two-bedroom apartment of 901 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 18 March 2025 for AED 1,000,000, or AED 1,109 per sqft, 8% above the AED 1,029 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 February 2025, is AED 80,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 15,300 a year.

Sales and rents for 724 over time

Sales
Unit 724, 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, July 2021: AED 925,888 (AED 1,027 per sqft)Sold, March 2025: AED 1,000,000 (AED 1,109 per sqft)

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

Rents
Unit 724, 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, February 2024: AED 70,000 a yearNew contract, February 2025: AED 80,000 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 724 sits

All 64 2-beds →

724 last sold in March 2025 at AED 1,109 per sqft, 8% above what two-beds in Hayat Boulevard 1B were fetching at the time (AED 1,029). 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. 724's AED 80,000 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
5 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

724, Hayat Boulevard 1B in numbers

  • Sold twice: first on 12 July 2021 for AED 925,888, last on 18 March 2025 for AED 1,000,000 (AED 1,109 per sqft).
  • Rented since February 2024 on 2 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 15,300 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 18 March 2025.

Questions about 724, Hayat Boulevard 1B

What did unit 724 last sell for?

AED 1,000,000 on 18 March 2025: AED 1,109 per sqft for 901 sqft. The unit has 2 registered sales; the first was AED 925,888 in July 2021.

What is the rent for unit 724?

AED 80,000 a year on the contract signed on 26 February 2025. The previous contract, from February 2024, was AED 70,000.

How big is unit 724?

901 sqft (83.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 724 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 724, Hayat Boulevard 1B

Starts from the last sale price (AED 1M, 18 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →