2-bed · 882 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

505, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 505 · DLD and Ejari recordsUpdated 11 November 2025

Last soldAED 734K15 September 2015

Current rentAED 70K /yr11 November 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 505, Safi Apartments 1A

Today

What is 505 worth today?

Last sold for AED 733,888 in 2015

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11 Nov 2025

11 Nov 2025RentedRenewal

AED 70,000/yr12 months · AED 80 per sqft

11 Nov 2024

11 Nov 2024RentedNew contract

AED 70,000/yr12 months · AED 79 per sqft

1 Oct 2023

1 Oct 2023RentedNew contract

AED 73,000/yr12 months · AED 83 per sqft

12 Oct 2022

12 Oct 2022RentedNew contract

AED 50,400/yr12 months · AED 57 per sqft

1 Nov 2020

1 Nov 2020RentedNew contract

AED 47,000/yr12 months · AED 53 per sqft

12 Oct 2019

12 Oct 2019RentedNew contract

AED 45,000/yr12 months · AED 51 per sqft

15 Sep 2015

15 Sep 2015Sold by developerOff-plan

AED 733,888AED 831 per sqft

Source: Dubai Land Department. Updated 11 November 2025.

Key facts

Type: 2-bed apartment
Size: 882 sqft
Floor: 5th of 7
Parking: P-328
Developer: Nshmi Development
Completed: 2018
Service charge: AED 13,500 /yr
Last sold: AED 734K · September 2015
Building: Safi Apartments 1A

About 505, Safi Apartments 1A

505 is a two-bedroom apartment of 882 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 15 September 2015 for AED 733,888, or AED 831 per sqft, 5% below the AED 877 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 11 November 2025, is AED 70,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 13,500 a year.

Sales and rents for 505 over time

Sales

Unit 505, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 505, each contractTypical two-bed in Safi Apartments 1A

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 505 sits

All 97 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,197 /sqft Safi Apartments 1A · all types1,217 /sqft

505 last sold in September 2015 at AED 831 per sqft, 5% below what two-beds in Safi Apartments 1A were fetching at the time (AED 877). 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. 505's AED 70,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
3 Nov 20263 November 2026	883 sqft	1,075,000	1,217
26 Oct 202626 October 2026	937 sqft	1,175,000	1,254
10 Sep 202610 September 2026	1,002 sqft	1,200,000	1,197
3 Jun 20263 June 2026	928 sqft	1,025,000	1,104

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


501	2-bed	937 sqft	AED 834KAED 833,888 · Oct 2015October 2015	70,560 /yr
502	3-bed	1,419 sqft	AED 1.19MAED 1,185,888 · Oct 2015October 2015	105,000 /yr
503	2-bed	964 sqft	AED 747KAED 746,888 · Oct 2015October 2015	75,000 /yr
504	2-bed	931 sqft	AED 850KAED 850,000 · Apr 2024April 2024	82,000 /yr
506	3-bed	1,408 sqft	AED 1.4MAED 1,400,000 · Oct 2024October 2024	120,000 /yr
507	2-bed	881 sqft	AED 613KAED 613,000 · Aug 2019August 2019	73,500 /yr
508	2-bed	883 sqft	AED 620KAED 620,000 · Jan 2020January 2020
509	1-bed	628 sqft	AED 650KAED 650,000 · Nov 2023November 2023	30,000 /yr
510	1-bed	628 sqft	AED 565KAED 564,888 · Sep 2015September 2015	63,000 /yr
511	2-bed	883 sqft	AED 850KAED 850,000 · Aug 2023August 2023	70,000 /yr
512	2-bed	881 sqft	AED 1.1MAED 1,100,000 · May 2026May 2026	55,000 /yr
513	3-bed	1,408 sqft	AED 1.5MAED 1,500,000 · Nov 2024November 2024	80,000 /yr
514	2-bed	882 sqft	AED 748KAED 747,888 · Oct 2015October 2015
515	2-bed	466 sqft	AED 766KAED 765,888 · Oct 2015October 2015	70,000 /yr
516	2-bed	964 sqft	AED 1.05MAED 1,050,000 · Feb 2025February 2025	72,450 /yr
517	3-bed	1,419 sqft	AED 870KAED 870,000 · Mar 2020March 2020	135,000 /yr
518	2-bed	937 sqft	AED 1MAED 1,000,000 · Jan 2026January 2026	87,000 /yr
519	1-bed	573 sqft	AED 504KAED 503,988 · Oct 2015October 2015	47,400 /yr
520	2-bed	976 sqft	AED 821KAED 820,888 · Oct 2015October 2015	82,000 /yr
521	2-bed	1,041 sqft	AED 1.08MAED 1,075,000 · Sep 2024September 2024	90,000 /yr
522	2-bed	905 sqft	AED 901KAED 900,888 · Jul 2017July 2017	85,000 /yr
523	3-bed	1,340 sqft	AED 1.68MAED 1,680,000 · Oct 2026October 2026	140,000 /yr

1–7 of 22

505, Safi Apartments 1A in numbers

Sold once: by Nshmi Development on 15 September 2015 for AED 733,888, or AED 831 per sqft.
Rented since October 2019 on 6 Ejari contracts, from AED 45,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 13,500 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 11 November 2025.

Questions about 505, Safi Apartments 1A

What did unit 505 last sell for?

AED 733,888 on 15 September 2015, sold by the developer: AED 831 per sqft for 882 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 70,000 a year on the contract renewed on 11 November 2025. The previous contract, from November 2024, was AED 70,000; the unit has been rented since October 2019.

How big is unit 505?

882 sqft (81.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 505 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 505, Safi Apartments 1A

Starts from the last sale price (AED 734K, 15 September 2015). Switch to today's estimate once you have unlocked it.

Price: AED 733,888
Deposit, UAE resident (20%): AED 146,778
Deposit, non-resident (40%): AED 293,555
Monthly over 25 years at 3.7%: AED 3,003

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