1-bed · 744 sqftHayat Boulevard 2A, Town Square · 4th floor · completed 2020

407, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 625K19 July 2020
Current rentAED 60K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Hayat Boulevard 2A

What is 407 worth today?

Last sold for AED 624,888 in 2020

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15 Jun 2025RentedRenewal
AED 60,000/yr12 months · AED 81 per sqft
15 Jun 2024RentedRenewal
AED 84,000/yr12 months · AED 113 per sqft
15 Jun 2023RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
15 Jun 2022RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
19 Jul 2020Sold by developerReady
AED 624,888AED 840 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
1-bed apartment
Size
744 sqft
Floor
4th of 7
Parking
G-241
Developer
Nshmi Development
Completed
2020
Service charge
AED 12,600 /yr
Last sold
AED 625K · July 2020

About 407, Hayat Boulevard 2A

407 is a one-bedroom apartment of 744 sqft on the 4th floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 19 July 2020 for AED 624,888, or AED 840 per sqft, 14% below the AED 982 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 60,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 12,600 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Hayat Boulevard 2A
600K2017202020232026Typical sale price by year: 2017 AED 656,888; 2018 AED 577,888; 2020 AED 607,388; 2021 AED 630,888; 2022 AED 500,000; 2024 AED 682,500; 2025 AED 740,000Sold by developer, July 2020: AED 624,888 (AED 840 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Hayat Boulevard 2A
25K50K75K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 31,385; 2022 AED 36,900; 2023 AED 43,050; 2024 AED 52,000; 2025 AED 57,500; 2026 AED 63,500New contract, June 2022: AED 45,000 a yearRenewal, June 2023: AED 50,000 a yearRenewal, June 2024: AED 84,000 a yearRenewal, June 2025: AED 60,000 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 2A, and where 407 sits

All 60 1-beds →

407 last sold in July 2020 at AED 840 per sqft, 14% below what one-beds in Hayat Boulevard 2A were fetching at the time (AED 982). Over the last 12 months one-beds sold for AED 775,000, around AED 1,114 per sqft, and rent for AED 48,300 to 66,999 a year. 407's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Dec 2025775,000
14 May 2025735,000
30 Apr 2025740,000
14 Nov 2024695,000
1 1-bed sale 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 4th floor

All 184 units in Hayat Boulevard 2A
Value
4012-bedAED 1.16M · Jun 2025
4023-bedAED 1.47M · Oct 2024
4032-bedAED 864K · Apr 2017
4042-bedAED 910K · Sep 2017
4052-bedAED 1.13M · Mar 2025
4061-bedAED 683K · Apr 2017
4082-bedAED 1M · Oct 2024
1–7 of 27

407, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 19 July 2020 for AED 624,888, or AED 840 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 45,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 12,600 a year (AED 16.97 per sqft).
  • One-beds in Hayat Boulevard 2A sold for AED 775,000–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,246 per sqft.

Source: Dubai Land Department. Updated 15 June 2025.

Questions about 407, Hayat Boulevard 2A

What did unit 407 last sell for?

AED 624,888 on 19 July 2020, sold by the developer: AED 840 per sqft for 744 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 60,000 a year on the contract renewed on 15 June 2025. The previous contract, from June 2024, was AED 84,000; the unit has been rented since June 2022.

How big is unit 407?

744 sqft (69.1 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Hayat Boulevard 2A sold for AED 775,000 to 775,000 in the last 12 months, around AED 1,114 per sqft.

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Mortgage on 407, Hayat Boulevard 2A

Starts from the last sale price (AED 625K, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 624,888
Deposit, UAE resident (20%)
AED 124,978
Deposit, non-resident (40%)
AED 249,955
Monthly over 25 years at 3.7%
AED 2,557

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