2-bed · 881 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

507, Safi Apartments 1A

Sold prices and rental history: sold twice, last in August 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 22 September 2026
Last soldAED 613K27 August 2019
Current rentAED 74K /yr22 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Safi Apartments 1A

What is 507 worth today?

Last sold for AED 613,000 in 2019

Unlock today's estimate, updated daily, with

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

22 Sep 2026RentedRenewal
AED 73,500/yr12 months · AED 84 per sqft
22 Sep 2025RentedRenewal
AED 73,500/yr12 months · AED 84 per sqft
22 Sep 2024RentedRenewal
AED 70,000/yr12 months · AED 79 per sqft
22 Sep 2023RentedNew contract
AED 68,000/yr12 months · AED 77 per sqft
15 Jun 2022RentedNew contract
AED 57,000/yr12 months · AED 65 per sqft
8 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
1 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
27 Aug 2019SoldReady
AED 613,000AED 695 per sqft

Source: Dubai Land Department. Updated 22 September 2026.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
5th of 7
Parking
P-329
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 613K · August 2019

About 507, Safi Apartments 1A

507 is a two-bedroom apartment of 881 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 27 August 2019 for AED 613,000, or AED 695 per sqft, 21% below the AED 883 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 22 September 2026, is AED 73,500 a year: a gross yield of 12.0% on the 2019 price, before the service charge of about AED 13,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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 802,888 (AED 911 per sqft)Sold, August 2019: AED 613,000 (AED 695 per sqft)

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

Rents
Unit 507, 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, November 2019: AED 50,000 a yearNew contract, August 2020: AED 45,000 a yearNew contract, June 2022: AED 57,000 a yearNew contract, September 2023: AED 68,000 a yearRenewal, September 2024: AED 70,000 a yearRenewal, September 2025: AED 73,500 a yearRenewal, September 2026: AED 73,500 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 507 sits

All 97 2-beds →

507 last sold in August 2019 at AED 695 per sqft, 21% below what two-beds in Safi Apartments 1A were fetching at the time (AED 883). 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. 507's AED 73,500 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
5042-bedAED 850K · Apr 2024
5052-bedAED 734K · Sep 2015
5063-bedAED 1.4M · Oct 2024
5082-bedAED 620K · Jan 2020
1–7 of 22

507, Safi Apartments 1A in numbers

  • Sold twice: first on 25 October 2015 for AED 802,888, last on 27 August 2019 for AED 613,000 (AED 695 per sqft).
  • Rented since November 2019 on 7 Ejari contracts, from AED 50,000 to AED 73,500 a year.
  • At AED 73,500 a year the gross yield on the 2019 price is 12.0%, 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 22 September 2026.

Questions about 507, Safi Apartments 1A

What did unit 507 last sell for?

AED 613,000 on 27 August 2019: AED 695 per sqft for 881 sqft. The unit has 2 registered sales; the first was AED 802,888 in October 2015.

What is the rent for unit 507?

AED 73,500 a year on the contract renewed on 22 September 2026. The previous contract, from September 2025, was AED 73,500; the unit has been rented since November 2019.

How big is unit 507?

881 sqft (81.8 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 507 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.

Selling 507? 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 507, Safi Apartments 1A

Starts from the last sale price (AED 613K, 27 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 613,000
Deposit, UAE resident (20%)
AED 122,600
Deposit, non-resident (40%)
AED 245,200
Monthly over 25 years at 3.7%
AED 2,508

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