2-bed · 1,085 sqftHayat Boulevard 2B, Town Square · 4th floor · completed 2020

412, Hayat Boulevard 2B

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 9 March 2024
Last soldAED 980K20 February 2024
Current rentAED 80K /yr9 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Hayat Boulevard 2B

What is 412 worth today?

Last sold for AED 980,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
20 Feb 2024SoldReady
AED 980,000AED 903 per sqft
10 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 60 per sqft
10 Oct 2022RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
1 Oct 2021RentedRenewal
AED 48,000/yr12 months · AED 44 per sqft
26 Jul 2020Sold by developerReady
AED 860,888AED 793 per sqft

Source: Dubai Land Department. Updated 9 March 2024.

Key facts

Type
2-bed apartment
Size
1,085 sqft
Floor
4th of 7
Parking
P-369
Developer
Nshmi Development
Completed
2020
Service charge
AED 18,400 /yr
Last sold
AED 980K · February 2024

About 412, Hayat Boulevard 2B

412 is a two-bedroom apartment of 1,085 sqft on the 4th floor of Hayat Boulevard 2B, a 7-storey tower in Town Square completed in 2020 by Nshmi Development. It last sold on 20 February 2024 for AED 980,000, or AED 903 per sqft, 7% above the AED 841 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 9 March 2024, is AED 80,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 18,400 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical two-bed in Hayat Boulevard 2B
800K1M20172019202120232025Typical sale price by year: 2017 AED 925,888; 2018 AED 903,888; 2020 AED 851,888; 2021 AED 852,888; 2022 AED 720,000; 2023 AED 785,000; 2024 AED 997,500Sold by developer, July 2020: AED 860,888 (AED 793 per sqft)Sold, February 2024: AED 980,000 (AED 903 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Hayat Boulevard 2B
40K60K80K2020202220242026Typical rent by year: 2020 AED 45,000; 2021 AED 45,000; 2022 AED 51,850; 2023 AED 62,327; 2024 AED 75,000; 2025 AED 80,000; 2026 AED 86,000Renewal, October 2021: AED 48,000 a yearNew contract, October 2022: AED 65,000 a yearRenewal, October 2023: AED 65,000 a yearNew contract, March 2024: AED 80,000 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 2B, and where 412 sits

All 40 2-beds →

412 last sold in February 2024 at AED 903 per sqft, 7% above what two-beds in Hayat Boulevard 2B were fetching at the time (AED 841). Over the last 12 months two-beds sold for AED 1,075,000 to 1,150,000, around AED 1,214 per sqft, and rent for AED 65,100 to 90,000 a year. 412's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20261,150,000
27 Jan 20261,075,000
24 Jun 20251,060,000
14 Mar 20251,000,000
2 2-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
4031-bedAED 611K · Sep 2020
4041-bedAED 591K · Aug 2020
4051-bedAED 606K · Sep 2020
406StudioAED 400K · Aug 2020
4071-bedAED 591K · Aug 2020
1–7 of 13

412, Hayat Boulevard 2B in numbers

  • Sold twice: first on 26 July 2020 for AED 860,888, last on 20 February 2024 for AED 980,000 (AED 903 per sqft).
  • Rented since October 2021 on 4 Ejari contracts, from AED 48,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 18,400 a year (AED 16.97 per sqft).
  • Two-beds in Hayat Boulevard 2B sold for AED 1,075,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,214 per sqft.

Source: Dubai Land Department. Updated 9 March 2024.

Questions about 412, Hayat Boulevard 2B

What did unit 412 last sell for?

AED 980,000 on 20 February 2024: AED 903 per sqft for 1,085 sqft. The unit has 2 registered sales; the first was AED 860,888 in July 2020.

What is the rent for unit 412?

AED 80,000 a year on the contract signed on 9 March 2024. The previous contract, from October 2023, was AED 65,000; the unit has been rented since October 2021.

How big is unit 412?

1,085 sqft (100.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2020.

What is unit 412 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 2B sold for AED 1,075,000 to 1,150,000 in the last 12 months, around AED 1,214 per sqft.

Selling 412? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 412, Hayat Boulevard 2B

Starts from the last sale price (AED 980K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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