2-bed · 931 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

504, Safi Apartments 1A

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 6 June 2026
Last soldAED 850K19 April 2024
Current rentAED 77K /yr6 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Safi Apartments 1A

What is 504 worth today?

Last sold for AED 850,000 in 2024

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6 Jun 2026RentedNew contract
AED 76,500/yr12 months · AED 82 per sqft
6 Jun 2026RentedRenewal
AED 82,000/yr12 months · AED 88 per sqft
6 Jun 2025RentedRenewal
AED 76,500/yr12 months · AED 82 per sqft
6 Jun 2025RentedRenewal
AED 76,500/yr12 months · AED 82 per sqft
6 Jun 2024RentedNew contract
AED 75,000/yr12 months · AED 80 per sqft
19 Apr 2024SoldReady
AED 850,000AED 912 per sqft
15 Jan 2023RentedNew contract
AED 38,000/yr12 months · AED 41 per sqft
15 Jan 2021RentedNew contract
AED 36,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 6 June 2026.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
5th of 7
Parking
P-327
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 850K · April 2024

About 504, Safi Apartments 1A

504 is a two-bedroom apartment of 931 sqft on the 5th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 19 April 2024 for AED 850,000, or AED 912 per sqft, in line with the AED 889 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 6 June 2026, is AED 76,500 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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 750,888 (AED 806 per sqft)Sold, April 2024: AED 850,000 (AED 912 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in Safi Apartments 1A
50K75K20192021202320252027Typical 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, January 2021: AED 36,000 a yearNew contract, January 2023: AED 38,000 a yearNew contract, June 2024: AED 75,000 a yearRenewal, June 2025: AED 76,500 a yearRenewal, June 2025: AED 76,500 a yearNew contract, June 2026: AED 76,500 a yearRenewal, June 2026: AED 82,000 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 504 sits

All 97 2-beds →

504 last sold in April 2024 at AED 912 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 889). 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. 504's AED 76,500 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
5032-bedAED 747K · Oct 2015
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

504, Safi Apartments 1A in numbers

  • Sold twice: first on 29 October 2015 for AED 750,888, last on 19 April 2024 for AED 850,000 (AED 912 per sqft).
  • Rented since January 2021 on 7 Ejari contracts, from AED 36,000 to AED 76,500 a year.
  • At AED 76,500 a year the gross yield on the 2024 price is 9.0%, before a service charge of about AED 14,200 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 6 June 2026.

Questions about 504, Safi Apartments 1A

What did unit 504 last sell for?

AED 850,000 on 19 April 2024: AED 912 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 750,888 in October 2015.

What is the rent for unit 504?

AED 76,500 a year on the contract signed on 6 June 2026. The previous contract, from June 2026, was AED 82,000; the unit has been rented since January 2021.

How big is unit 504?

931 sqft (86.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 504 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 504, Safi Apartments 1A

Starts from the last sale price (AED 850K, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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