2-bed · 964 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

503, 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 503 · DLD and Ejari recordsUpdated 16 August 2026
Last soldAED 747K18 October 2015
Current rentAED 75K /yr16 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Safi Apartments 1A

What is 503 worth today?

Last sold for AED 746,888 in 2015

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16 Aug 2026RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
3 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
3 Sep 2024RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
6 Jul 2023RentedNew contract
AED 65,000/yr12 months · AED 67 per sqft
24 Sep 2022RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
24 Sep 2021RentedNew contract
AED 43,000/yr12 months · AED 45 per sqft
24 Sep 2020RentedNew contract
AED 43,000/yr12 months · AED 45 per sqft
24 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 16 August 2026.

Key facts

Type
2-bed apartment
Size
964 sqft
Floor
5th of 7
Parking
P-326
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 747K · October 2015

About 503, Safi Apartments 1A

503 is a two-bedroom apartment of 964 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 746,888, or AED 775 per sqft, 9% below the AED 849 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 16 August 2026, is AED 75,000 a year: a gross yield of 10.0% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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 746,888 (AED 775 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Safi Apartments 1A
40K60K80K201920222025Typical 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 50,000 a yearNew contract, September 2020: AED 43,000 a yearNew contract, September 2021: AED 43,000 a yearRenewal, September 2022: AED 48,000 a yearNew contract, July 2023: AED 65,000 a yearNew contract, September 2024: AED 75,000 a yearNew contract, September 2025: AED 80,000 a yearNew contract, August 2026: AED 75,000 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 503 sits

All 97 2-beds →

503 last sold in October 2015 at AED 775 per sqft, 9% below what two-beds in Safi Apartments 1A were fetching at the time (AED 849). 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. 503's AED 75,000 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 5th floor

All 156 units in Safi Apartments 1A
Value
5012-bedAED 834K · Oct 2015
5023-bedAED 1.19M · 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

503, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 18 October 2015 for AED 746,888, or AED 775 per sqft.
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 43,000 in 2021 and recovered to AED 75,000 by August 2026.
  • At AED 75,000 a year the gross yield on the 2015 price is 10.0%, before a service charge of about AED 14,700 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 16 August 2026.

Questions about 503, Safi Apartments 1A

What did unit 503 last sell for?

AED 746,888 on 18 October 2015, sold by the developer: AED 775 per sqft for 964 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 75,000 a year on the contract signed on 16 August 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since September 2019.

How big is unit 503?

964 sqft (89.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 503 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 503, Safi Apartments 1A

Starts from the last sale price (AED 747K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 746,888
Deposit, UAE resident (20%)
AED 149,378
Deposit, non-resident (40%)
AED 298,755
Monthly over 25 years at 3.7%
AED 3,056

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