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1-bed · 590 sqftHayat Boulevard 2A, Town Square · 5th floor · completed 2020

516, Hayat Boulevard 2A

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 569K3 July 2017
Current rentAED 47K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Hayat Boulevard 2A

What is 516 worth today?

Last sold for AED 568,888 in 2017

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10 Feb 2025RentedRenewal
AED 46,830/yr12 months · AED 79 per sqft
10 Feb 2024RentedNew contract
AED 44,600/yr12 months · AED 76 per sqft
10 Feb 2023RentedNew contract
AED 42,500/yr12 months · AED 72 per sqft
15 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 51 per sqft
3 Jul 2017Sold by developerOff-plan
AED 568,888AED 964 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed apartment
Size
590 sqft
Floor
5th of 7
Parking
G-288
Developer
Nshmi Development
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 569K · July 2017
Building
Hayat Boulevard 2A

About 516, Hayat Boulevard 2A

516 is a one-bedroom apartment of 590 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 July 2017 for AED 568,888, or AED 964 per sqft, in line with the AED 970 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 February 2025, is AED 46,830 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 10,000 a year.

Sales and rents for 516 over time

Sales
Unit 516, 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 2017: AED 568,888 (AED 964 per sqft)

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

Rents
Unit 516, 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 63,500Renewal, August 2021: AED 30,000 a yearNew contract, February 2023: AED 42,500 a yearNew contract, February 2024: AED 44,600 a yearRenewal, February 2025: AED 46,830 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 516 sits

All 60 1-beds →

516 last sold in July 2017 at AED 964 per sqft, in line with what one-beds in Hayat Boulevard 2A were fetching at the time (AED 970). 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. 516's AED 46,830 is at the bottom 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 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

516, Hayat Boulevard 2A in numbers

  • Sold once: by Nshmi Development on 3 July 2017 for AED 568,888, or AED 964 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 30,000 to AED 46,830 a year.
  • At AED 46,830 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 10,000 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 February 2025.

Questions about 516, Hayat Boulevard 2A

What did unit 516 last sell for?

AED 568,888 on 3 July 2017, sold by the developer: AED 964 per sqft for 590 sqft. It is the only registered sale of the unit.

What is the rent for unit 516?

AED 46,830 a year on the contract renewed on 10 February 2025. The previous contract, from February 2024, was AED 44,600; the unit has been rented since August 2021.

How big is unit 516?

590 sqft (54.8 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2020.

What is unit 516 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 516, Hayat Boulevard 2A

Starts from the last sale price (AED 569K, 3 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 568,888
Deposit, UAE resident (20%)
AED 113,778
Deposit, non-resident (40%)
AED 227,555
Monthly over 25 years at 3.7%
AED 2,327

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