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2-bed · 937 sqftSafi Apartments 1A, Town Square · 2nd floor · completed 2018

218, Safi Apartments 1A

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 26 May 2026
Last soldAED 740K20 January 2023
Current rentAED 85K /yr26 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 218, Safi Apartments 1A

What is 218 worth today?

Last sold for AED 740,000 in 2023

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26 May 2026RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
26 May 2025RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
15 Feb 2024RentedRenewal
AED 68,250/yr12 months · AED 73 per sqft
15 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
20 Jan 2023SoldReady
AED 740,000AED 790 per sqft
20 Jan 2022RentedRenewal
AED 43,000/yr12 months · AED 46 per sqft
20 Jan 2021RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
1 Nov 2019RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 26 May 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
2nd of 7
Parking
G-278
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 740K · January 2023
Building
Safi Apartments 1A

About 218, Safi Apartments 1A

218 is a two-bedroom apartment of 937 sqft on the 2nd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 20 January 2023 for AED 740,000, or AED 790 per sqft, in line with the AED 787 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 26 May 2026, is AED 85,000 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 14,300 a year.

Sales and rents for 218 over time

Sales
Unit 218, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,100,000; 2026 AED 1,087,500Sold by developer, October 2015: AED 818,888 (AED 874 per sqft)Sold, January 2023: AED 740,000 (AED 790 per sqft)

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

Rents
Unit 218, each contractTypical two-bed in Safi Apartments 1A
50K75K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,084; 2024 AED 70,068; 2025 AED 80,000; 2026 AED 80,000New contract, November 2019: AED 53,000 a yearNew contract, January 2021: AED 40,000 a yearRenewal, January 2022: AED 43,000 a yearNew contract, February 2023: AED 65,000 a yearRenewal, February 2024: AED 68,250 a yearNew contract, May 2025: AED 85,000 a yearRenewal, May 2026: AED 85,000 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 Safi Apartments 1A, and where 218 sits

All 97 2-beds →

218 last sold in January 2023 at AED 790 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 787). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 218's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,075,000
26 Oct 20261,175,000
10 Sep 20261,200,000
3 Jun 20261,025,000
13 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,217 Up 9.9%
Typical sale
AED 1.1M
Typical rent
AED 80K /yr
Typical yield
7.1%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 156 units in Safi Apartments 1A
Value
2012-bedAED 780K · Feb 2023
2023-bedAED 1.15M · Jun 2016
2032-bedAED 732K · Oct 2015
2042-bedAED 741K · Oct 2015
2052-bedAED 835K · Nov 2023
2063-bedAED 1.4M · Jan 2018
2072-bedAED 788K · Oct 2015
1–7 of 21

218, Safi Apartments 1A in numbers

  • Sold twice: first on 18 October 2015 for AED 818,888, last on 20 January 2023 for AED 740,000 (AED 790 per sqft).
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 40,000 in 2021 and recovered to AED 85,000 by May 2026.
  • At AED 85,000 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 14,300 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 26 May 2026.

Questions about 218, Safi Apartments 1A

What did unit 218 last sell for?

AED 740,000 on 20 January 2023: AED 790 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 818,888 in October 2015.

What is the rent for unit 218?

AED 85,000 a year on the contract renewed on 26 May 2026. The previous contract, from May 2025, was AED 85,000; the unit has been rented since November 2019.

How big is unit 218?

937 sqft (87.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 218, Safi Apartments 1A

Starts from the last sale price (AED 740K, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 740,000
Deposit, UAE resident (20%)
AED 148,000
Deposit, non-resident (40%)
AED 296,000
Monthly over 25 years at 3.7%
AED 3,028

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