Home
Dubai prices
About
Blog
2-bed · 931 sqftSafi Apartments 1A, Town Square · 4th floor · completed 2018

404, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 746K13 October 2015
Current rentAED 80K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 404

Property timeline for 404, Safi Apartments 1A

What is 404 worth today?

Last sold for AED 745,888 in 2015

Unlock today's estimate, updated daily, with

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

1 Oct 2024RentedNew contract
AED 80,083/yr15 months · AED 86 per sqft
13 Oct 2015Sold by developerOff-plan
AED 745,888AED 801 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
4th of 7
Parking
P-243
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 746K · October 2015
Building
Safi Apartments 1A

About 404, Safi Apartments 1A

404 is a two-bedroom apartment of 931 sqft on the 4th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 13 October 2015 for AED 745,888, or AED 801 per sqft, 6% below the AED 849 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 80,083 a year: a gross yield of 10.7% on the 2015 price, before the service charge of about AED 14,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 745,888 (AED 801 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Safi Apartments 1A
40K60K80K20192021202320252027Typical 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, October 2024: AED 80,083 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 404 sits

All 97 2-beds →

404 last sold in October 2015 at AED 801 per sqft, 6% below what two-beds in Safi Apartments 1A were fetching at the time (AED 849). 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. 404's AED 80,083 is in the lower 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 4th floor

All 156 units in Safi Apartments 1A
Value
4012-bedAED 950K · Aug 2024
4023-bedAED 1.77M · Feb 2026
4032-bedAED 742K · Oct 2015
4052-bedAED 729K · Sep 2015
4063-bedAED 1.01M · Jul 2020
4072-bedAED 940K · Oct 2024
4082-bedAED 910K · Sep 2024
1–7 of 22

404, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 13 October 2015 for AED 745,888, or AED 801 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 80,083 a year.
  • At AED 80,083 a year the gross yield on the 2015 price is 10.7%, before a service charge of about AED 14,200 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 1 October 2024.

Questions about 404, Safi Apartments 1A

What did unit 404 last sell for?

AED 745,888 on 13 October 2015, sold by the developer: AED 801 per sqft for 931 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 80,083 a year on the contract signed on 1 October 2024.

How big is unit 404?

931 sqft (86.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 404 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.

Selling 404? 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 404, Safi Apartments 1A

Starts from the last sale price (AED 746K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 745,888
Deposit, UAE resident (20%)
AED 149,178
Deposit, non-resident (40%)
AED 298,355
Monthly over 25 years at 3.7%
AED 3,052

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