1-bed · 691 sqftSafi Apartments 1A, Town Square · 4th floor · completed 2018

409, Safi Apartments 1A

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 April 2025
Last soldAED 700K21 April 2025
Current rentAED 50K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Safi Apartments 1A

What is 409 worth today?

Last sold for AED 700,000 in 2025

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21 Apr 2025SoldReady
AED 700,000AED 1,012 per sqft
25 Sep 2024RentedRenewal
AED 50,000/yr12 months · AED 73 per sqft
25 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 73 per sqft
5 Sep 2022RentedRenewal
AED 39,000/yr12 months · AED 57 per sqft
5 Sep 2021RentedRenewal
AED 34,000/yr12 months · AED 49 per sqft
5 Sep 2020RentedRenewal
AED 34,500/yr12 months · AED 50 per sqft
5 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft
13 Oct 2015Sold by developerOff-plan
AED 574,888AED 831 per sqft

Source: Dubai Land Department. Updated 21 April 2025.

Key facts

Type
1-bed apartment
Size
691 sqft
Floor
4th of 7
Parking
G-370
Developer
Nshmi Development
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 700K · April 2025

About 409, Safi Apartments 1A

409 is a one-bedroom apartment of 691 sqft on the 4th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 21 April 2025 for AED 700,000, or AED 1,012 per sqft, 5% below the AED 1,062 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 50,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 10,600 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Safi Apartments 1A
600K800K2015201820212024Typical sale price by year: 2015 AED 569,388; 2023 AED 562,500; 2024 AED 677,500; 2025 AED 828,000Sold by developer, October 2015: AED 574,888 (AED 831 per sqft)Sold, April 2025: AED 700,000 (AED 1,012 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Safi Apartments 1A
40K60K20192021202320252027Typical rent by year: 2019 AED 39,500; 2020 AED 32,000; 2021 AED 33,000; 2022 AED 37,975; 2023 AED 42,075; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 62,500New contract, September 2019: AED 38,000 a yearRenewal, September 2020: AED 34,500 a yearRenewal, September 2021: AED 34,000 a yearRenewal, September 2022: AED 39,000 a yearNew contract, September 2023: AED 50,000 a yearRenewal, September 2024: AED 50,000 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 Safi Apartments 1A, and where 409 sits

All 17 1-beds →

409 last sold in April 2025 at AED 1,012 per sqft, 5% below what one-beds in Safi Apartments 1A were fetching at the time (AED 1,062). Over the last 12 months one-beds sold for AED 750,000 to 850,000, around AED 1,161 per sqft, and rent for AED 47,335 to 85,000 a year. 409's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026850,000
25 Nov 2025750,000
8 Oct 2025950,000
11 Jun 2025828,000
2 1-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
4042-bedAED 746K · Oct 2015
4052-bedAED 729K · Sep 2015
4063-bedAED 1.01M · Jul 2020
4072-bedAED 940K · Oct 2024
1–7 of 22

409, Safi Apartments 1A in numbers

  • Sold twice: first on 13 October 2015 for AED 574,888, last on 21 April 2025 for AED 700,000 (AED 1,012 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 34,000 in 2021 and recovered to AED 50,000 by September 2024.
  • At AED 50,000 a year the gross yield on the 2025 price is 7.1%, before a service charge of about AED 10,600 a year (AED 15.28 per sqft).
  • One-beds in Safi Apartments 1A sold for AED 750,000–850,000 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 21 April 2025.

Questions about 409, Safi Apartments 1A

What did unit 409 last sell for?

AED 700,000 on 21 April 2025: AED 1,012 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 574,888 in October 2015.

What is the rent for unit 409?

AED 50,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 50,000; the unit has been rented since September 2019.

How big is unit 409?

691 sqft (64.2 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 1A sold for AED 750,000 to 850,000 in the last 12 months, around AED 1,161 per sqft.

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Mortgage on 409, Safi Apartments 1A

Starts from the last sale price (AED 700K, 21 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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