3-bed · 1,340 sqftSafi Apartments 1A, Town Square · 4th floor · completed 2018

423, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 423

Unit 423 · DLD and Ejari recordsUpdated 1 December 2025

Last soldAED 1.13M29 October 2015

Current rentAED 80K /yr1 December 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 423

Property timeline for 423, Safi Apartments 1A

Today

What is 423 worth today?

Last sold for AED 1,132,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2025

1 Dec 2025RentedRenewal

AED 80,042/yr6 months · AED 60 per sqft

1 Dec 2024

1 Dec 2024RentedRenewal

AED 72,765/yr12 months · AED 54 per sqft

1 Dec 2023

1 Dec 2023RentedRenewal

AED 72,765/yr12 months · AED 54 per sqft

1 Dec 2022

1 Dec 2022RentedNew contract

AED 69,300/yr12 months · AED 52 per sqft

1 Dec 2021

1 Dec 2021RentedRenewal

AED 66,000/yr12 months · AED 49 per sqft

1 Dec 2020

1 Dec 2020RentedNew contract

AED 60,000/yr12 months · AED 45 per sqft

29 Oct 2015

29 Oct 2015Sold by developerOff-plan

AED 1,132,888AED 845 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type: 3-bed apartment
Size: 1,340 sqft
Floor: 4th of 7
Parking: G-336
Developer: Nshmi Development
Completed: 2018
Service charge: AED 20,500 /yr
Last sold: AED 1.13M · October 2015
Building: Safi Apartments 1A

About 423, Safi Apartments 1A

423 is a three-bedroom apartment of 1,340 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 29 October 2015 for AED 1,132,888, or AED 845 per sqft, in line with the AED 834 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 80,042 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 20,500 a year.

Sales and rents for 423 over time

Sales

Unit 423, each saleTypical three-bed in Safi Apartments 1A

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

Rents

Unit 423, each contractTypical three-bed in Safi Apartments 1A

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 423 sits

All 38 3-beds →

3-beds in Safi Apartments 1A · last 12 months1,243 /sqft Safi Apartments 1A · all types1,217 /sqft

423 last sold in October 2015 at AED 845 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 834). 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. 423's AED 80,042 is in the lower half of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
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

3 3-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


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
406	3-bed	1,408 sqft	AED 1.01MAED 1,010,888 · Jul 2020July 2020	129,305 /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

1–7 of 22

423, Safi Apartments 1A in numbers

Sold once: by Nshmi Development on 29 October 2015 for AED 1,132,888, or AED 845 per sqft.
Rented since December 2020 on 6 Ejari contracts, from AED 60,000 to AED 80,042 a year.
At AED 80,042 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 20,500 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 1 December 2025.

Questions about 423, Safi Apartments 1A

What did unit 423 last sell for?

AED 1,132,888 on 29 October 2015, sold by the developer: AED 845 per sqft for 1,340 sqft. It is the only registered sale of the unit.

What is the rent for unit 423?

AED 80,042 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 72,765; the unit has been rented since December 2020.

How big is unit 423?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 423 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.

Selling 423? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 423, Safi Apartments 1A

Starts from the last sale price (AED 1.13M, 29 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,132,888
Deposit, UAE resident (20%): AED 226,578
Deposit, non-resident (40%): AED 453,155
Monthly over 25 years at 3.7%: AED 4,635

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