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

516, Safi Apartments 1A

Sold prices and rental history: sold twice, last in February 2025, 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 516 · DLD and Ejari recordsUpdated 11 February 2025

Last soldAED 1.05M11 February 2025

Current rentAED 72K /yr26 January 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 516, Safi Apartments 1A

Today

What is 516 worth today?

Last sold for AED 1,050,000 in 2025

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11 Feb 2025

11 Feb 2025SoldReady

AED 1,050,000AED 1,088 per sqft

26 Jan 2025

26 Jan 2025RentedRenewal

AED 72,450/yr12 months · AED 76 per sqft

26 Jan 2025

26 Jan 2025RentedRenewal

AED 72,450/yr12 months · AED 76 per sqft

26 Jan 2024

26 Jan 2024RentedRenewal

AED 69,000/yr12 months · AED 72 per sqft

26 Jan 2023

26 Jan 2023RentedNew contract

AED 60,000/yr12 months · AED 62 per sqft

1 Nov 2021

1 Nov 2021RentedNew contract

AED 50,000/yr12 months · AED 52 per sqft

27 Jul 2020

27 Jul 2020RentedNew contract

AED 57,000/yr12 months · AED 59 per sqft

27 Jul 2019

27 Jul 2019RentedNew contract

AED 57,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 11 February 2025.

Key facts

Type: 2-bed apartment
Size: 964 sqft
Floor: 5th of 7
Parking: P-342
Developer: Nshmi Development
Completed: 2018
Service charge: AED 14,700 /yr
Last sold: AED 1.05M · February 2025
Building: Safi Apartments 1A

About 516, Safi Apartments 1A

516 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. It last sold on 11 February 2025 for AED 1,050,000, or AED 1,088 per sqft, 7% above the AED 1,019 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 26 January 2025, is AED 72,450 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 14,700 a year.

Sales and rents for 516 over time

Sales

Unit 516, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 516, 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 516 sits

All 97 2-beds →

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

516 last sold in February 2025 at AED 1,088 per sqft, 7% above what two-beds in Safi Apartments 1A were fetching at the time (AED 1,019). 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. 516's AED 72,450 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
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
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
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

516, Safi Apartments 1A in numbers

Sold twice: first on 13 October 2015 for AED 761,888, last on 11 February 2025 for AED 1,050,000 (AED 1,088 per sqft).
Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 50,000 in 2021 and recovered to AED 72,450 by January 2025.
At AED 72,450 a year the gross yield on the 2025 price is 6.9%, 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 11 February 2025.

Questions about 516, Safi Apartments 1A

What did unit 516 last sell for?

AED 1,050,000 on 11 February 2025: AED 1,088 per sqft for 964 sqft. The unit has 2 registered sales; the first was AED 761,888 in October 2015.

What is the rent for unit 516?

AED 72,450 a year on the contract renewed on 26 January 2025. The previous contract, from January 2025, was AED 72,450; the unit has been rented since July 2019.

How big is unit 516?

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

What is unit 516 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 516, Safi Apartments 1A

Starts from the last sale price (AED 1.05M, 11 February 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,050,000
Deposit, UAE resident (20%): AED 210,000
Deposit, non-resident (40%): AED 420,000
Monthly over 25 years at 3.7%: AED 4,296

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