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2-bed · 1,040 sqftSafi Apartments 1A, Town Square · 4th floor · completed 2018

421, Safi Apartments 1A

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

Unit 421 · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 750K24 November 2019
Current rentAED 88K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, Safi Apartments 1A

What is 421 worth today?

Last sold for AED 750,000 in 2019

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23 Aug 2026RentedRenewal
AED 87,500/yr12 months · AED 85 per sqft
23 Aug 2025RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft
24 Nov 2019SoldReady
AED 750,000AED 720 per sqft
13 Oct 2015Sold by developerOff-plan
AED 922,888AED 887 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
2-bed apartment
Size
1,040 sqft
Floor
4th of 7
Parking
P-359
Developer
Nshmi Development
Completed
2018
Service charge
AED 15,900 /yr
Last sold
AED 750K · November 2019
Building
Safi Apartments 1A

About 421, Safi Apartments 1A

421 is a two-bedroom apartment of 1,040 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 24 November 2019 for AED 750,000, or AED 720 per sqft, in line with the AED 720 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 23 August 2026, is AED 87,500 a year: a gross yield of 11.7% on the 2019 price, before the service charge of about AED 15,900 a year.

Sales and rents for 421 over time

Sales
Unit 421, 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 922,888 (AED 887 per sqft)Sold, November 2019: AED 750,000 (AED 720 per sqft)

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

Rents
Unit 421, each contractTypical two-bed in Safi Apartments 1A
50K75K201920222025Typical 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, August 2025: AED 90,000 a yearRenewal, August 2026: AED 87,500 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 421 sits

All 97 2-beds →

421 last sold in November 2019 at AED 720 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 720). 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. 421's AED 87,500 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 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

421, Safi Apartments 1A in numbers

  • Sold twice: first on 13 October 2015 for AED 922,888, last on 24 November 2019 for AED 750,000 (AED 720 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 90,000 to AED 87,500 a year.
  • At AED 87,500 a year the gross yield on the 2019 price is 11.7%, before a service charge of about AED 15,900 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 23 August 2026.

Questions about 421, Safi Apartments 1A

What did unit 421 last sell for?

AED 750,000 on 24 November 2019: AED 720 per sqft for 1,040 sqft. The unit has 2 registered sales; the first was AED 922,888 in October 2015.

What is the rent for unit 421?

AED 87,500 a year on the contract renewed on 23 August 2026. The previous contract, from August 2025, was AED 90,000.

How big is unit 421?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 421 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 421, Safi Apartments 1A

Starts from the last sale price (AED 750K, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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