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2-bed · 909 sqftHayat Boulevard 2A, Town Square · 7th floor · completed 2020

723, Hayat Boulevard 2A

Sold prices and rental history: sold twice, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 11 July 2023
Last soldAED 775K11 July 2023
Current rentAED 53K /yr23 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Hayat Boulevard 2A

What is 723 worth today?

Last sold for AED 775,000 in 2023

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11 Jul 2023SoldReady
AED 775,000AED 852 per sqft
23 Sep 2022RentedRenewal
AED 52,500/yr12 months · AED 58 per sqft
23 Sep 2021RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
20 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 48 per sqft
18 Apr 2017Sold by developerOff-plan
AED 912,888AED 1,004 per sqft

Source: Dubai Land Department. Updated 11 July 2023.

Key facts

Type
2-bed apartment
Size
909 sqft
Floor
7th of 7
Parking
P-280
Developer
Nshmi Development
Completed
2020
Service charge
AED 15,400 /yr
Last sold
AED 775K · July 2023
Building
Hayat Boulevard 2A

About 723, Hayat Boulevard 2A

723 is a two-bedroom apartment of 909 sqft on the 7th floor of Hayat Boulevard 2A, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 11 July 2023 for AED 775,000, or AED 852 per sqft, in line with the AED 843 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 23 September 2022, is AED 52,500 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 15,400 a year.

Sales and rents for 723 over time

Sales
Unit 723, 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, April 2017: AED 912,888 (AED 1,004 per sqft)Sold, July 2023: AED 775,000 (AED 852 per sqft)

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

Rents
Unit 723, 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, September 2020: AED 43,000 a yearNew contract, September 2021: AED 50,000 a yearRenewal, September 2022: AED 52,500 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 723 sits

All 85 2-beds →

723 last sold in July 2023 at AED 852 per sqft, in line with what two-beds in Hayat Boulevard 2A were fetching at the time (AED 843). 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. 723's AED 52,500 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 7th floor

All 184 units in Hayat Boulevard 2A
Value
7012-bedAED 938K · Oct 2017
7023-bedAED 1.35M · Apr 2023
7032-bedAED 841K · Jul 2017
7042-bedAED 985K · Oct 2024
7054-bedAED 2.35M · Aug 2024
7062-bedAED 1.18M · Feb 2025
7072-bedAED 831K · Jun 2020
1–7 of 24

723, Hayat Boulevard 2A in numbers

  • Sold twice: first on 18 April 2017 for AED 912,888, last on 11 July 2023 for AED 775,000 (AED 852 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 43,000 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 15,400 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 11 July 2023.

Questions about 723, Hayat Boulevard 2A

What did unit 723 last sell for?

AED 775,000 on 11 July 2023: AED 852 per sqft for 909 sqft. The unit has 2 registered sales; the first was AED 912,888 in April 2017.

What is the rent for unit 723?

AED 52,500 a year on the contract renewed on 23 September 2022. The previous contract, from September 2021, was AED 50,000; the unit has been rented since September 2020.

How big is unit 723?

909 sqft (84.4 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2020.

What is unit 723 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 723, Hayat Boulevard 2A

Starts from the last sale price (AED 775K, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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