2-bed · 1,041 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

521, Safi Apartments 1A

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 521 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 1.08M9 September 2024
Current rentAED 90K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 521, Safi Apartments 1A

What is 521 worth today?

Last sold for AED 1,075,000 in 2024

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1 May 2026RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
2 May 2025RentedNew contract
AED 90,000/yr12 months · AED 86 per sqft
2 May 2025RentedNew contract
AED 90,000/yr12 months · AED 86 per sqft
9 Sep 2024SoldReady
AED 1,075,000AED 1,033 per sqft
16 May 2024RentedRenewal
AED 68,000/yr12 months · AED 65 per sqft
16 May 2023RentedNew contract
AED 68,000/yr12 months · AED 65 per sqft
1 Jun 2022RentedRenewal
AED 65,000/yr12 months · AED 62 per sqft
1 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,041 sqft
Floor
5th of 7
Parking
G-237
Developer
Nshmi Development
Completed
2018
Service charge
AED 15,900 /yr
Last sold
AED 1.08M · September 2024

About 521, Safi Apartments 1A

521 is a two-bedroom apartment of 1,041 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 September 2024 for AED 1,075,000, or AED 1,033 per sqft, 10% above the AED 941 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 90,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 15,900 a year.

Sales and rents for 521 over time

Sales
Unit 521, 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, September 2015: AED 927,888 (AED 891 per sqft)Sold, September 2024: AED 1,075,000 (AED 1,033 per sqft)

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

Rents
Unit 521, each contractTypical two-bed in Safi Apartments 1A
50K75K20192021202320252027Typical 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, June 2019: AED 62,000 a yearRenewal, June 2020: AED 55,000 a yearRenewal, June 2021: AED 65,000 a yearRenewal, June 2022: AED 65,000 a yearNew contract, May 2023: AED 68,000 a yearRenewal, May 2024: AED 68,000 a yearNew contract, May 2025: AED 90,000 a yearNew contract, May 2025: AED 90,000 a yearRenewal, May 2026: AED 90,000 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 521 sits

All 97 2-beds →

521 last sold in September 2024 at AED 1,033 per sqft, 10% above what two-beds in Safi Apartments 1A were fetching at the time (AED 941). 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. 521's AED 90,000 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

521, Safi Apartments 1A in numbers

  • Sold twice: first on 15 September 2015 for AED 927,888, last on 9 September 2024 for AED 1,075,000 (AED 1,033 per sqft).
  • Rented since June 2019 on 9 Ejari contracts. The rent fell from AED 62,000 to AED 55,000 in 2020 and recovered to AED 90,000 by May 2026.
  • At AED 90,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 15,900 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 1 May 2026.

Questions about 521, Safi Apartments 1A

What did unit 521 last sell for?

AED 1,075,000 on 9 September 2024: AED 1,033 per sqft for 1,041 sqft. The unit has 2 registered sales; the first was AED 927,888 in September 2015.

What is the rent for unit 521?

AED 90,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 90,000; the unit has been rented since June 2019.

How big is unit 521?

1,041 sqft (96.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 521 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 521, Safi Apartments 1A

Starts from the last sale price (AED 1.08M, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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