2-bed · 977 sqftSafi Apartments 1A, Town Square · 4th floor · completed 2018

420, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 816K19 October 2015
Current rentAED 80K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, Safi Apartments 1A

What is 420 worth today?

Last sold for AED 815,888 in 2015

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25 May 2025RentedNew contract
AED 80,000/yr13 months · AED 82 per sqft
25 May 2025RentedNew contract
AED 80,000/yr13 months · AED 82 per sqft
23 Sep 2024RentedRenewal
AED 70,068/yr4 months · AED 72 per sqft
23 Sep 2023RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
2 Aug 2022RentedRenewal
AED 48,400/yr12 months · AED 50 per sqft
2 Aug 2021RentedRenewal
AED 44,000/yr12 months · AED 45 per sqft
2 Aug 2020RentedNew contract
AED 44,000/yr12 months · AED 45 per sqft
25 Jun 2019RentedNew contract
AED 56,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
2-bed apartment
Size
977 sqft
Floor
4th of 7
Parking
P-358
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 816K · October 2015

About 420, Safi Apartments 1A

420 is a two-bedroom apartment of 977 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 19 October 2015 for AED 815,888, or AED 835 per sqft, in line with the AED 859 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 25 May 2025, is AED 80,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 14,900 a year.

Sales and rents for 420 over time

Sales
Unit 420, 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 815,888 (AED 835 per sqft)

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

Rents
Unit 420, 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, June 2019: AED 56,000 a yearNew contract, August 2020: AED 44,000 a yearRenewal, August 2021: AED 44,000 a yearRenewal, August 2022: AED 48,400 a yearNew contract, September 2023: AED 70,000 a yearRenewal, September 2024: AED 70,068 a yearNew contract, May 2025: AED 80,000 a yearNew contract, May 2025: 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 Safi Apartments 1A, and where 420 sits

All 97 2-beds →

420 last sold in October 2015 at AED 835 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 859). 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. 420's AED 80,000 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
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

420, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 815,888, or AED 835 per sqft.
  • Rented since June 2019 on 8 Ejari contracts. The rent fell from AED 56,000 to AED 44,000 in 2021 and recovered to AED 80,000 by May 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 14,900 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 25 May 2025.

Questions about 420, Safi Apartments 1A

What did unit 420 last sell for?

AED 815,888 on 19 October 2015, sold by the developer: AED 835 per sqft for 977 sqft. It is the only registered sale of the unit.

What is the rent for unit 420?

AED 80,000 a year on the contract signed on 25 May 2025. The previous contract, from May 2025, was AED 80,000; the unit has been rented since June 2019.

How big is unit 420?

977 sqft (90.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 420 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 420, Safi Apartments 1A

Starts from the last sale price (AED 816K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 815,888
Deposit, UAE resident (20%)
AED 163,178
Deposit, non-resident (40%)
AED 326,355
Monthly over 25 years at 3.7%
AED 3,338

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