1-bed · 628 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

509, Safi Apartments 1A

Sold prices and rental history: sold twice, last in November 2023, 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 509 · DLD and Ejari recordsUpdated 23 November 2023

Last soldAED 650K23 November 2023

Current rentAED 30K /yr31 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 509, Safi Apartments 1A

Today

What is 509 worth today?

Last sold for AED 650,000 in 2023

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23 Nov 2023

23 Nov 2023SoldReady

AED 650,000AED 1,034 per sqft

31 Aug 2022

31 Aug 2022RentedRenewal

AED 30,000/yr12 months · AED 48 per sqft

31 Aug 2021

31 Aug 2021RentedNew contract

AED 30,000/yr12 months · AED 48 per sqft

1 Sep 2020

1 Sep 2020RentedNew contract

AED 32,000/yr12 months · AED 51 per sqft

1 Aug 2019

1 Aug 2019RentedNew contract

AED 38,000/yr12 months · AED 61 per sqft

14 Sep 2015

14 Sep 2015Sold by developerOff-plan

AED 564,888AED 899 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type: 1-bed apartment
Size: 628 sqft
Floor: 5th of 7
Parking: G-264
Developer: Nshmi Development
Completed: 2018
Service charge: AED 9,600 /yr
Last sold: AED 650K · November 2023
Building: Safi Apartments 1A

About 509, Safi Apartments 1A

509 is a one-bedroom apartment of 628 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 23 November 2023 for AED 650,000, or AED 1,034 per sqft, 10% above the AED 936 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 August 2022, is AED 30,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 509 over time

Sales

Unit 509, each saleTypical one-bed in Safi Apartments 1A

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

Rents

Unit 509, each contractTypical one-bed in Safi Apartments 1A

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 1A, and where 509 sits

All 17 1-beds →

1-beds in Safi Apartments 1A · last 12 months1,161 /sqft Safi Apartments 1A · all types1,217 /sqft

509 last sold in November 2023 at AED 1,034 per sqft, 10% above what one-beds in Safi Apartments 1A were fetching at the time (AED 936). Over the last 12 months one-beds sold for AED 750,000 to 850,000, around AED 1,161 per sqft, and rent for AED 47,335 to 85,000 a year. 509's AED 30,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
21 Oct 202621 October 2026	692 sqft	850,000	1,228
25 Nov 202525 November 2025	686 sqft	750,000	1,093
8 Oct 20258 October 2025	628 sqft	950,000	1,512
11 Jun 202511 June 2025	687 sqft	828,000	1,205

2 1-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
505	2-bed	882 sqft	AED 734KAED 733,888 · Sep 2015September 2015	70,000 /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
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

509, Safi Apartments 1A in numbers

Sold twice: first on 14 September 2015 for AED 564,888, last on 23 November 2023 for AED 650,000 (AED 1,034 per sqft).
Rented since August 2019 on 4 Ejari contracts, from AED 38,000 to AED 30,000 a year.
At AED 30,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 9,600 a year (AED 15.28 per sqft).
One-beds in Safi Apartments 1A sold for AED 750,000–850,000 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 23 November 2023.

Questions about 509, Safi Apartments 1A

What did unit 509 last sell for?

AED 650,000 on 23 November 2023: AED 1,034 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 564,888 in September 2015.

What is the rent for unit 509?

AED 30,000 a year on the contract renewed on 31 August 2022. The previous contract, from August 2021, was AED 30,000; the unit has been rented since August 2019.

How big is unit 509?

628 sqft (58.3 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 1A sold for AED 750,000 to 850,000 in the last 12 months, around AED 1,161 per sqft.

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Mortgage on 509, Safi Apartments 1A

Starts from the last sale price (AED 650K, 23 November 2023). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

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