3-bed · 1,419 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

502, 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 502 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 1.19M18 October 2015
Current rentAED 105K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Safi Apartments 1A

What is 502 worth today?

Last sold for AED 1,185,888 in 2015

Unlock today's estimate, updated daily, with

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

28 Feb 2026RentedNew contract
AED 105,000/yr12 months · AED 74 per sqft
28 Feb 2025RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
28 Feb 2025RentedRenewal
AED 105,000/yr12 months · AED 74 per sqft
28 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 70 per sqft
1 Jul 2022RentedRenewal
AED 80,000/yr12 months · AED 56 per sqft
1 Jul 2021RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
1 Jul 2020RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
1 Jul 2019RentedNew contract
AED 72,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
5th of 7
Parking
P-284 , P-320
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,700 /yr
Last sold
AED 1.19M · October 2015

About 502, Safi Apartments 1A

502 is a three-bedroom apartment of 1,419 sqft on the 5th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 18 October 2015 for AED 1,185,888, or AED 835 per sqft, in line with the AED 830 three-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 28 February 2026, is AED 105,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 21,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical three-bed in Safi Apartments 1A
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,182,888; 2016 AED 1,171,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,018,888; 2024 AED 1,450,000; 2025 AED 1,600,000; 2026 AED 1,765,000Sold by developer, October 2015: AED 1,185,888 (AED 835 per sqft)

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

Rents
Unit 502, each contractTypical three-bed in Safi Apartments 1A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 68,500; 2022 AED 74,750; 2023 AED 80,000; 2024 AED 91,100; 2025 AED 110,000; 2026 AED 120,000New contract, July 2019: AED 72,000 a yearRenewal, July 2020: AED 72,000 a yearRenewal, July 2021: AED 72,000 a yearRenewal, July 2022: AED 80,000 a yearNew contract, February 2023: AED 100,000 a yearRenewal, February 2025: AED 105,000 a yearRenewal, February 2025: AED 105,000 a yearNew contract, February 2026: AED 105,000 a year

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 502 sits

All 38 3-beds →

502 last sold in October 2015 at AED 835 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 830). 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. 502's AED 105,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20261,680,000
22 May 20262,050,000
10 Feb 20261,765,000
18 Sep 20251,650,000
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 5th floor

All 156 units in Safi Apartments 1A
Value
5012-bedAED 834K · Oct 2015
5032-bedAED 747K · Oct 2015
5042-bedAED 850K · Apr 2024
5052-bedAED 734K · Sep 2015
5063-bedAED 1.4M · Oct 2024
5072-bedAED 613K · Aug 2019
5082-bedAED 620K · Jan 2020
1–7 of 22

502, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 18 October 2015 for AED 1,185,888, or AED 835 per sqft.
  • Rented since July 2019 on 8 Ejari contracts, from AED 72,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 21,700 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 28 February 2026.

Questions about 502, Safi Apartments 1A

What did unit 502 last sell for?

AED 1,185,888 on 18 October 2015, sold by the developer: AED 835 per sqft for 1,419 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 105,000 a year on the contract signed on 28 February 2026. The previous contract, from February 2025, was AED 105,000; the unit has been rented since July 2019.

How big is unit 502?

1,419 sqft (131.8 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 502 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 502? 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 502, Safi Apartments 1A

Starts from the last sale price (AED 1.19M, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,185,888
Deposit, UAE resident (20%)
AED 237,178
Deposit, non-resident (40%)
AED 474,355
Monthly over 25 years at 3.7%
AED 4,852

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