1-bed · 585 sqftHayat Boulevard 2A, Town Square · 4th floor · completed 2020

423, Hayat Boulevard 2A

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

Unit 423 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 646K20 July 2020
Current rentAED 60K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 423, Hayat Boulevard 2A

What is 423 worth today?

Last sold for AED 645,888 in 2020

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10 Mar 2025RentedRenewal
AED 60,000/yr12 months · AED 103 per sqft
1 Feb 2023RentedNew contract
AED 50,000/yr12 months · AED 86 per sqft
19 Jan 2022RentedNew contract
AED 44,000/yr12 months · AED 76 per sqft
20 Jul 2020Sold by developerReady
AED 645,888AED 1,104 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
1-bed apartment
Size
585 sqft
Floor
4th of 7
Parking
G-262
Developer
Nshmi Development
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 646K · July 2020

About 423, Hayat Boulevard 2A

423 is a one-bedroom apartment of 585 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 20 July 2020 for AED 645,888, or AED 1,104 per sqft, 12% above the AED 983 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 60,000 a year: a gross yield of 9.3% on the 2020 price, before the service charge of about AED 9,900 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 645,888 (AED 1,104 per sqft)

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

Rents
Unit 423, each contractTypical one-bed in Hayat Boulevard 2A
40K60K2020202220242026Typical 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, January 2022: AED 44,000 a yearNew contract, February 2023: AED 50,000 a yearRenewal, March 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 423 sits

All 60 1-beds →

423 last sold in July 2020 at AED 1,104 per sqft, 12% above what one-beds in Hayat Boulevard 2A were fetching at the time (AED 983). 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. 423'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
4071-bedAED 625K · Jul 2020
1–7 of 27

423, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 20 July 2020 for AED 645,888, or AED 1,104 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 44,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2020 price is 9.3%, before a service charge of about AED 9,900 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 10 March 2025.

Questions about 423, Hayat Boulevard 2A

What did unit 423 last sell for?

AED 645,888 on 20 July 2020, sold by the developer: AED 1,104 per sqft for 585 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 60,000 a year on the contract renewed on 10 March 2025. The previous contract, from February 2023, was AED 50,000; the unit has been rented since January 2022.

How big is unit 423?

585 sqft (54.3 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 423 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 423, Hayat Boulevard 2A

Starts from the last sale price (AED 646K, 20 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 645,888
Deposit, UAE resident (20%)
AED 129,178
Deposit, non-resident (40%)
AED 258,355
Monthly over 25 years at 3.7%
AED 2,643

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