2-bed · 905 sqftSafi Apartments 1A, Town Square · 4th floor · completed 2018

422, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 700K27 June 2019
Current rentAED 80K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Safi Apartments 1A

What is 422 worth today?

Last sold for AED 700,000 in 2019

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20 Oct 2025RentedNew contract
AED 80,000/yr12 months · AED 88 per sqft
1 Feb 2024RentedRenewal
AED 55,000/yr12 months · AED 61 per sqft
1 Feb 2023RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
1 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
16 Sep 2020RentedNew contract
AED 46,286/yr14 months · AED 51 per sqft
15 Sep 2019RentedNew contract
AED 54,000/yr12 months · AED 60 per sqft
27 Jun 2019SoldReady
AED 700,000AED 773 per sqft
1 Nov 2018SoldOff-plan
AED 803,888AED 888 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
4th of 7
Parking
P-245
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 700K · June 2019

About 422, Safi Apartments 1A

422 is a two-bedroom apartment of 905 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 27 June 2019 for AED 700,000, or AED 773 per sqft, 12% below the AED 880 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 20 October 2025, is AED 80,000 a year: a gross yield of 11.4% on the 2019 price, before the service charge of about AED 13,800 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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 803,888 (AED 888 per sqft)Sold, November 2018: AED 803,888 (AED 888 per sqft)Sold, June 2019: AED 700,000 (AED 773 per sqft)

422 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 422, 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, September 2019: AED 54,000 a yearNew contract, September 2020: AED 46,286 a yearNew contract, February 2022: AED 50,000 a yearRenewal, February 2023: AED 50,000 a yearRenewal, February 2024: AED 55,000 a yearNew contract, October 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 422 sits

All 97 2-beds →

422 last sold in June 2019 at AED 773 per sqft, 12% below what two-beds in Safi Apartments 1A were fetching at the time (AED 880). 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. 422'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

422, Safi Apartments 1A in numbers

  • Sold 3 times: first on 19 October 2015 for AED 803,888, last on 27 June 2019 for AED 700,000 (AED 773 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 54,000 to AED 46,286 in 2020 and recovered to AED 80,000 by October 2025.
  • At AED 80,000 a year the gross yield on the 2019 price is 11.4%, before a service charge of about AED 13,800 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 20 October 2025.

Questions about 422, Safi Apartments 1A

What did unit 422 last sell for?

AED 700,000 on 27 June 2019: AED 773 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 803,888 in October 2015.

What is the rent for unit 422?

AED 80,000 a year on the contract signed on 20 October 2025. The previous contract, from February 2024, was AED 55,000; the unit has been rented since September 2019.

How big is unit 422?

905 sqft (84.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 422 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 422, Safi Apartments 1A

Starts from the last sale price (AED 700K, 27 June 2019). 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 →