Studio · 321 sqftHayat Boulevard 2A, Town Square · 2nd floor · completed 2020

227, Hayat Boulevard 2A

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 227 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 350K7 March 2024
Current rentAED 39K /yr30 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 227, Hayat Boulevard 2A

What is 227 worth today?

Last sold for AED 350,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Oct 2024RentedNew contract
AED 38,895/yr12 months · AED 121 per sqft
7 Mar 2024SoldReady
AED 350,000AED 1,091 per sqft
23 Aug 2023RentedNew contract
AED 30,000/yr12 months · AED 93 per sqft
22 Oct 2022RentedNew contract
AED 22,800/yr12 months · AED 71 per sqft
1 Sep 2021RentedNew contract
AED 21,000/yr12 months · AED 65 per sqft
1 Sep 2020RentedNew contract
AED 20,000/yr12 months · AED 62 per sqft
12 Jun 2017Sold by developerOff-plan
AED 445,888AED 1,390 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
Studio apartment
Size
321 sqft
Floor
2nd of 7
Parking
G-272
Developer
Nshmi Development
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 350K · March 2024

About 227, Hayat Boulevard 2A

227 is a studio of 321 sqft on the 2nd floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 7 March 2024 for AED 350,000, or AED 1,091 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 30 October 2024, is AED 38,895 a year: a gross yield of 11.1% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for 227 over time

Sales
Unit 227, each saleTypical studio in Hayat Boulevard 2A
350K400K450K20172019202120232025Typical sale price by year: 2017 AED 437,888; 2024 AED 390,000Sold by developer, June 2017: AED 445,888 (AED 1,390 per sqft)Sold, March 2024: AED 350,000 (AED 1,091 per sqft)

227 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 227, each contractTypical studio in Hayat Boulevard 2A
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 21,000; 2022 AED 22,800; 2023 AED 28,440; 2024 AED 33,000; 2025 AED 37,000New contract, September 2020: AED 20,000 a yearNew contract, September 2021: AED 21,000 a yearNew contract, October 2022: AED 22,800 a yearNew contract, August 2023: AED 30,000 a yearNew contract, October 2024: AED 38,895 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Hayat Boulevard 2A, and where 227 sits

All 11 studios →

227's AED 38,895 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
20 Aug 2024395,000
22 May 2024390,000
30 Sep 2021290,000
26 May 2021425,888
0 studio sales in the last 12 months

Hayat Boulevard 2A

Building

184 apartments, studios to 4-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 3 sold in the last 12 months.

Typical price per sqft
AED 1,246
Typical sale
AED 1.25M
Typical rent
AED 67K /yr
Typical yield
7.2%
Hayat Boulevard 2A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 184 units in Hayat Boulevard 2A
Value
2012-bedAED 1.15M · Jan 2025
2023-bedAED 1.29M · Jul 2017
2032-bedAED 1.02M · Nov 2024
2042-bedAED 950K · Oct 2024
2052-bedAED 1.05M · Feb 2025
2061-bedAED 670K · May 2017
2071-bedAED 708K · Jul 2017
1–7 of 26

227, Hayat Boulevard 2A in numbers

  • Sold twice: first on 12 June 2017 for AED 445,888, last on 7 March 2024 for AED 350,000 (AED 1,091 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 20,000 to AED 38,895 a year.
  • At AED 38,895 a year the gross yield on the 2024 price is 11.1%, before a service charge of about AED 5,400 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 30 October 2024.

Questions about 227, Hayat Boulevard 2A

What did unit 227 last sell for?

AED 350,000 on 7 March 2024: AED 1,091 per sqft for 321 sqft. The unit has 2 registered sales; the first was AED 445,888 in June 2017.

What is the rent for unit 227?

AED 38,895 a year on the contract signed on 30 October 2024. The previous contract, from August 2023, was AED 30,000; the unit has been rented since September 2020.

How big is unit 227?

321 sqft (29.8 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2020.

What is unit 227 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 227? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 227, Hayat Boulevard 2A

Starts from the last sale price (AED 350K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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