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2-bed · 941 sqftHayat Boulevard 2A, Town Square · 5th floor · completed 2020

513, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in May 2017, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 826K3 May 2017
Current rentAED 65K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, Hayat Boulevard 2A

What is 513 worth today?

Last sold for AED 825,888 in 2017

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1 Jul 2024RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
1 Jul 2023RentedRenewal
AED 57,000/yr12 months · AED 61 per sqft
1 Jul 2022RentedNew contract
AED 57,000/yr12 months · AED 61 per sqft
3 May 2017Sold by developerOff-plan
AED 825,888AED 877 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
941 sqft
Floor
5th of 7
Parking
P-289
Developer
Nshmi Development
Completed
2020
Service charge
AED 16,000 /yr
Last sold
AED 826K · May 2017
Building
Hayat Boulevard 2A

About 513, Hayat Boulevard 2A

513 is a two-bedroom apartment of 941 sqft on the 5th floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 3 May 2017 for AED 825,888, or AED 877 per sqft, in line with the AED 891 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 65,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 16,000 a year.

Sales and rents for 513 over time

Sales
Unit 513, each saleTypical two-bed in Hayat Boulevard 2A
800K1M1.2M2017202020232026Typical sale price by year: 2017 AED 902,888; 2018 AED 886,888; 2020 AED 820,888; 2021 AED 867,388; 2022 AED 783,000; 2023 AED 762,500; 2024 AED 1,000,000; 2025 AED 1,137,500Sold by developer, May 2017: AED 825,888 (AED 877 per sqft)

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

Rents
Unit 513, each contractTypical two-bed in Hayat Boulevard 2A
50K75K100K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 55,514; 2024 AED 66,500; 2025 AED 77,500; 2026 AED 93,000New contract, July 2022: AED 57,000 a yearRenewal, July 2023: AED 57,000 a yearRenewal, July 2024: AED 65,000 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 2A, and where 513 sits

All 85 2-beds →

513 last sold in May 2017 at AED 877 per sqft, in line with what two-beds in Hayat Boulevard 2A were fetching at the time (AED 891). Over the last 12 months two-beds sold for AED 1,250,000, around AED 1,246 per sqft, and rent for AED 65,000 to 95,000 a year. 513's AED 65,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Jul 20251,400,000
17 Jun 20251,155,000
23 May 20251,125,000
25 Mar 20251,125,000
1 2-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 5th floor

All 184 units in Hayat Boulevard 2A
Value
5012-bedAED 866K · Jan 2021
5023-bedAED 1.33M · Oct 2017
5032-bedAED 873K · May 2017
5042-bedAED 846K · Oct 2017
5052-bedAED 926K · Aug 2021
5061-bedAED 500K · Jun 2022
5071-bedAED 641K · Feb 2021
1–7 of 27

513, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 3 May 2017 for AED 825,888, or AED 877 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 57,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 16,000 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 2A sold for AED 1,250,000–1,250,000 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 1 July 2024.

Questions about 513, Hayat Boulevard 2A

What did unit 513 last sell for?

AED 825,888 on 3 May 2017, sold by the developer: AED 877 per sqft for 941 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 65,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 57,000; the unit has been rented since July 2022.

How big is unit 513?

941 sqft (87.4 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 513 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 2A sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,246 per sqft.

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Mortgage on 513, Hayat Boulevard 2A

Starts from the last sale price (AED 826K, 3 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 825,888
Deposit, UAE resident (20%)
AED 165,178
Deposit, non-resident (40%)
AED 330,355
Monthly over 25 years at 3.7%
AED 3,379

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