1-bed · 657 sqftHayat Boulevard 2B, Town Square · 4th floor · completed 2020

403, Hayat Boulevard 2B

Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 611K1 September 2020
Current rentAED 58K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Hayat Boulevard 2B

What is 403 worth today?

Last sold for AED 610,888 in 2020

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1 Nov 2024RentedNew contract
AED 58,000/yr12 months · AED 88 per sqft
1 Jun 2024RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
1 Jun 2022RentedNew contract
AED 38,000/yr12 months · AED 58 per sqft
15 Jan 2022RentedRenewal
AED 28,437/yr4 months · AED 43 per sqft
15 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
1 Sep 2020Sold by developerReady
AED 610,888AED 929 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
4th of 7
Parking
P-321
Developer
Nshmi Development
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 611K · September 2020

About 403, Hayat Boulevard 2B

403 is a one-bedroom apartment of 657 sqft on the 4th floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. The developer sold it on 1 September 2020 for AED 610,888, or AED 929 per sqft, 4% below the AED 971 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 November 2024, is AED 58,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Hayat Boulevard 2B
600K620K640K20172019202120232025Typical sale price by year: 2017 AED 608,888; 2018 AED 632,888; 2020 AED 602,888; 2021 AED 645,888; 2024 AED 620,000Sold by developer, September 2020: AED 610,888 (AED 929 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Hayat Boulevard 2B
40K60K2020202220242026Typical rent by year: 2020 AED 30,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 40,000; 2024 AED 53,000; 2025 AED 56,000; 2026 AED 54,000New contract, January 2021: AED 28,000 a yearRenewal, January 2022: AED 28,437 a yearNew contract, June 2022: AED 38,000 a yearRenewal, June 2024: AED 45,000 a yearNew contract, November 2024: AED 58,000 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 2B, and where 403 sits

All 19 1-beds →

403 last sold in September 2020 at AED 929 per sqft, 4% below what one-beds in Hayat Boulevard 2B were fetching at the time (AED 971). 403's AED 58,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 2025770,000
9 Apr 2025705,000
29 May 2024620,000
10 May 2024650,000
0 1-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 4th floor

All 90 units in Hayat Boulevard 2B
Value
4012-bedAED 720K · May 2023
4023-bedAED 1.04M · Jun 2020
4041-bedAED 591K · Aug 2020
4051-bedAED 606K · Sep 2020
406StudioAED 400K · Aug 2020
4071-bedAED 591K · Aug 2020
4083-bedAED 1.01M · Aug 2020
1–7 of 13

403, Hayat Boulevard 2B in numbers

  • Sold once: by Nshmi Development on 1 September 2020 for AED 610,888, or AED 929 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 28,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 11,200 a year (AED 16.97 per sqft).

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 403, Hayat Boulevard 2B

What did unit 403 last sell for?

AED 610,888 on 1 September 2020, sold by the developer: AED 929 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 403?

AED 58,000 a year on the contract signed on 1 November 2024. The previous contract, from June 2024, was AED 45,000; the unit has been rented since January 2021.

How big is unit 403?

657 sqft (61.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 403 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 403, Hayat Boulevard 2B

Starts from the last sale price (AED 611K, 1 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 610,888
Deposit, UAE resident (20%)
AED 122,178
Deposit, non-resident (40%)
AED 244,355
Monthly over 25 years at 3.7%
AED 2,499

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