406, Safi Apartments 1A
Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Safi Apartments 1A
What is 406 worth today?
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Source: Dubai Land Department. Updated 26 March 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,408 sqft
- Floor
- 4th of 7
- Parking
- G-337
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.01M · July 2020
- Building
- Safi Apartments 1A
About 406, Safi Apartments 1A
406 is a three-bedroom apartment of 1,408 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 21 July 2020 for AED 1,010,888, or AED 718 per sqft, in line with the AED 724 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 26 March 2026, is AED 129,305 a year: a gross yield of 12.8% on the 2020 price, before the service charge of about AED 21,500 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Safi Apartments 1A, and where 406 sits
All 38 3-beds →406 last sold in July 2020 at AED 718 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 724). Over the last 12 months three-beds sold for AED 1,680,000 to 2,050,000, around AED 1,243 per sqft, and rent for AED 60,000 to 175,000 a year. 406's AED 129,305 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,340 sqft | 1,680,000 | 1,253 | ||
| 22 May 202622 May 2026 | 2,257 sqft | 2,050,000 | 908 | ||
| 10 Feb 202610 February 2026 | 1,419 sqft | 1,765,000 | 1,243 | ||
| 18 Sep 202518 September 2025 | 1,412 sqft | 1,650,000 | 1,168 |
Safi Apartments 1A
Building156 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%
Other units on the 4th floor
All 156 units in Safi Apartments 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 937 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 50,000 /yr | |
| 402 | 3-bed | 1,419 sqft | AED 1.77MAED 1,765,000 · Feb 2026February 2026 | ||
| 403 | 2-bed | 964 sqft | AED 742KAED 741,888 · Oct 2015October 2015 | ||
| 404 | 2-bed | 931 sqft | AED 746KAED 745,888 · Oct 2015October 2015 | 80,083 /yr | |
| 405 | 2-bed | 882 sqft | AED 729KAED 728,888 · Sep 2015September 2015 | 75,000 /yr | |
| 407 | 2-bed | 881 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 70,000 /yr | |
| 408 | 2-bed | 883 sqft | AED 910KAED 910,000 · Sep 2024September 2024 | 70,000 /yr | |
| 409 | 1-bed | 691 sqft | AED 700KAED 700,000 · Apr 2025April 2025 | 50,000 /yr | |
| 410 | 1-bed | 692 sqft | AED 850KAED 850,000 · Oct 2026October 2026 | 37,500 /yr | |
| 411 | 2-bed | 883 sqft | AED 1.08MAED 1,075,000 · Nov 2026November 2026 | 82,000 /yr | |
| 412 | 2-bed | 881 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 76,000 /yr | |
| 413 | 3-bed | 1,408 sqft | AED 1.19MAED 1,186,888 · Oct 2015October 2015 | 125,000 /yr | |
| 414 | 2-bed | 882 sqft | AED 975KAED 975,000 · Oct 2024October 2024 | 75,000 /yr | |
| 415 | 2-bed | 931 sqft | AED 1.08MAED 1,075,000 · Dec 2025December 2025 | 80,000 /yr | |
| 416 | 2-bed | 964 sqft | AED 757KAED 756,888 · Oct 2015October 2015 | 80,040 /yr | |
| 417 | 3-bed | 1,419 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 33,000 /yr | |
| 418 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 419 | 1-bed | 573 sqft | AED 526KAED 525,888 · Sep 2015September 2015 | 50,000 /yr | |
| 420 | 2-bed | 977 sqft | AED 816KAED 815,888 · Oct 2015October 2015 | 80,000 /yr | |
| 421 | 2-bed | 1,040 sqft | AED 750KAED 750,000 · Nov 2019November 2019 | 87,500 /yr | |
| 422 | 2-bed | 905 sqft | AED 700KAED 700,000 · Jun 2019June 2019 | 80,000 /yr | |
| 423 | 3-bed | 1,340 sqft | AED 1.13MAED 1,132,888 · Oct 2015October 2015 | 80,042 /yr |
406, Safi Apartments 1A in numbers
- Sold once: by Nshmi Development on 21 July 2020 for AED 1,010,888, or AED 718 per sqft.
- Rented since September 2020 on 6 Ejari contracts, from AED 65,000 to AED 129,305 a year.
- At AED 129,305 a year the gross yield on the 2020 price is 12.8%, before a service charge of about AED 21,500 a year (AED 15.28 per sqft).
- Three-beds in Safi Apartments 1A sold for AED 1,680,000–2,050,000 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 March 2026.
Questions about 406, Safi Apartments 1A
What did unit 406 last sell for?
AED 1,010,888 on 21 July 2020, sold by the developer: AED 718 per sqft for 1,408 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 129,305 a year on the contract signed on 26 March 2026. The previous contract, from September 2025, was AED 124,332; the unit has been rented since September 2020.
How big is unit 406?
1,408 sqft (130.8 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 406 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1A sold for AED 1,680,000 to 2,050,000 in the last 12 months, around AED 1,243 per sqft.
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Mortgage on 406, Safi Apartments 1A
Starts from the last sale price (AED 1.01M, 21 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,010,888
- Deposit, UAE resident (20%)
- AED 202,178
- Deposit, non-resident (40%)
- AED 404,355
- Monthly over 25 years at 3.7%
- AED 4,136
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →