2-bed · 937 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

518, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 518 · DLD and Ejari recordsUpdated 28 July 2026
Last soldAED 1M9 January 2026
Current rentAED 87K /yr28 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Safi Apartments 1A

What is 518 worth today?

Last sold for AED 1,000,000 in 2026

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28 Jul 2026RentedNew contract
AED 87,000/yr12 months · AED 93 per sqft
9 Jan 2026SoldReady
AED 1,000,000AED 1,067 per sqft
17 Mar 2025RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
17 Mar 2025RentedNew contract
AED 95,000/yr12 months · AED 101 per sqft
16 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
12 Jul 2024SoldReady
AED 920,000AED 982 per sqft
21 Jun 2020Sold by developerReady
AED 785,888AED 839 per sqft

Source: Dubai Land Department. Updated 28 July 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
5th of 7
Parking
G-235
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 1M · January 2026

About 518, Safi Apartments 1A

518 is a two-bedroom apartment of 937 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 9 January 2026 for AED 1,000,000, or AED 1,067 per sqft, 8% below the AED 1,154 two-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 28 July 2026, is AED 87,000 a year: a gross yield of 8.7% on the 2026 price, before the service charge of about AED 14,300 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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, June 2020: AED 785,888 (AED 839 per sqft)Sold, July 2024: AED 920,000 (AED 982 per sqft)Sold, January 2026: AED 1,000,000 (AED 1,067 per sqft)

518 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 518, each contractTypical two-bed in Safi Apartments 1A
50K75K100K201920222025Typical 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, September 2024: AED 85,000 a yearNew contract, March 2025: AED 95,000 a yearNew contract, March 2025: AED 95,000 a yearNew contract, July 2026: AED 87,000 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 518 sits

All 97 2-beds →

518 last sold in January 2026 at AED 1,067 per sqft, 8% below what two-beds in Safi Apartments 1A were fetching at the time (AED 1,154). 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. 518's AED 87,000 is in the upper 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
5072-bedAED 613K · Aug 2019
1–7 of 22

518, Safi Apartments 1A in numbers

  • Sold 3 times: first on 21 June 2020 for AED 785,888, last on 9 January 2026 for AED 1,000,000 (AED 1,067 per sqft).
  • Rented since September 2024 on 4 Ejari contracts, from AED 85,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2026 price is 8.7%, before a service charge of about AED 14,300 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 28 July 2026.

Questions about 518, Safi Apartments 1A

What did unit 518 last sell for?

AED 1,000,000 on 9 January 2026: AED 1,067 per sqft for 937 sqft. The unit has 3 registered sales; the first was AED 785,888 in June 2020.

What is the rent for unit 518?

AED 87,000 a year on the contract signed on 28 July 2026. The previous contract, from March 2025, was AED 95,000; the unit has been rented since September 2024.

How big is unit 518?

937 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 518 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 518, Safi Apartments 1A

Starts from the last sale price (AED 1M, 9 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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