3-bed · 1,362 sqftHayat Boulevard 2B, Town Square · 3rd floor · completed 2020

311, Hayat Boulevard 2B

Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 1.45M31 May 2024
Current rentAED 100K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Hayat Boulevard 2B

What is 311 worth today?

Last sold for AED 1,450,000 in 2024

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31 May 2024SoldReady
AED 1,450,000AED 1,064 per sqft
28 Aug 2023SoldReady
AED 1,250,000AED 917 per sqft
25 Mar 2022RentedNew contract
AED 100,000/yr12 months · AED 73 per sqft
9 Aug 2020Sold by developerReady
AED 994,888AED 730 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
3-bed apartment
Size
1,362 sqft
Floor
3rd of 7
Parking
P-388
Developer
Nshmi Development
Completed
2020
Service charge
AED 23,100 /yr
Last sold
AED 1.45M · May 2024

About 311, Hayat Boulevard 2B

311 is a three-bedroom apartment of 1,362 sqft on the 3rd floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 31 May 2024 for AED 1,450,000, or AED 1,064 per sqft, 17% above the AED 913 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 March 2022. The current contract, signed on 25 March 2022, is AED 100,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 23,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical three-bed in Hayat Boulevard 2B
1M1.25M1.5M2018202020222024Typical sale price by year: 2018 AED 1,417,888; 2020 AED 1,023,388; 2021 AED 1,180,888; 2023 AED 1,250,000; 2024 AED 1,450,000Sold by developer, August 2020: AED 994,888 (AED 730 per sqft)Sold, August 2023: AED 1,250,000 (AED 917 per sqft)Sold, May 2024: AED 1,450,000 (AED 1,064 per sqft)

311 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 311, each contractTypical three-bed in Hayat Boulevard 2B
75K100K2020202220242026Typical rent by year: 2020 AED 64,808; 2021 AED 70,000; 2022 AED 74,000; 2023 AED 84,500; 2024 AED 97,500; 2025 AED 112,500New contract, March 2022: AED 100,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Hayat Boulevard 2B, and where 311 sits

All 22 3-beds →

311 last sold in May 2024 at AED 1,064 per sqft, 17% above what three-beds in Hayat Boulevard 2B were fetching at the time (AED 913). 311's AED 100,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
18 Mar 20251,650,888
13 Feb 20251,676,000
30 Dec 20241,600,000
20 Dec 20241,600,000
0 3-bed sales in the last 12 months

Hayat Boulevard 2B

Building

90 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2020 by Nshmi Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,214
Typical sale
AED 1.11M
Typical rent
AED 69K /yr
Typical yield
7.5%
Hayat Boulevard 2B, Town Square: prices, sales and rents →

Other units on the 3rd floor

All 90 units in Hayat Boulevard 2B
Value
3012-bedAED 927K · Apr 2018
3023-bedAED 1.04M · Jul 2020
3031-bedAED 530K · Mar 2023
3041-bedAED 621K · Jan 2021
3051-bedAED 636K · May 2018
306StudioAED 461K · Oct 2024
3071-bedAED 628K · Sep 2018
1–7 of 13

311, Hayat Boulevard 2B in numbers

  • Sold 3 times: first on 9 August 2020 for AED 994,888, last on 31 May 2024 for AED 1,450,000 (AED 1,064 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 23,100 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 31 May 2024.

Questions about 311, Hayat Boulevard 2B

What did unit 311 last sell for?

AED 1,450,000 on 31 May 2024: AED 1,064 per sqft for 1,362 sqft. The unit has 3 registered sales; the first was AED 994,888 in August 2020.

What is the rent for unit 311?

AED 100,000 a year on the contract signed on 25 March 2022.

How big is unit 311?

1,362 sqft (126.5 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2020.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 311, Hayat Boulevard 2B

Starts from the last sale price (AED 1.45M, 31 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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