3-bed · 1,340 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

523, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in October 2026, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 1.68M22 October 2026
Current rentAED 140K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Safi Apartments 1A

What is 523 worth today?

Last sold for AED 1,680,000 in 2026

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22 Oct 2026SoldReady
AED 1,680,000AED 1,253 per sqft
14 Jul 2023SoldReady
AED 1,100,000AED 820 per sqft
10 Jun 2022RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
19 Jul 2020Sold by developerReady
AED 1,035,888AED 773 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
3-bed apartment
Size
1,340 sqft
Floor
5th of 7
Parking
P-286
Developer
Nshmi Development
Completed
2018
Service charge
AED 20,500 /yr
Last sold
AED 1.68M · October 2026

About 523, Safi Apartments 1A

523 is a three-bedroom apartment of 1,340 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 22 October 2026 for AED 1,680,000, or AED 1,253 per sqft, in line with the AED 1,243 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 June 2022. The current contract, signed on 10 June 2022, is AED 140,000 a year: a gross yield of 8.3% on the 2026 price, before the service charge of about AED 20,500 a year.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical three-bed in Safi Apartments 1A
1M1.5M2015201920232027Typical sale price by year: 2015 AED 1,182,888; 2016 AED 1,171,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,018,888; 2024 AED 1,450,000; 2025 AED 1,600,000; 2026 AED 1,765,000Sold by developer, July 2020: AED 1,035,888 (AED 773 per sqft)Sold, July 2023: AED 1,100,000 (AED 820 per sqft)Sold, October 2026: AED 1,680,000 (AED 1,253 per sqft)

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

Rents
Unit 523, each contractTypical three-bed in Safi Apartments 1A
100K150K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 68,500; 2022 AED 74,750; 2023 AED 80,000; 2024 AED 91,100; 2025 AED 110,000; 2026 AED 120,000New contract, June 2022: AED 140,000 a year

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

3-beds in Safi Apartments 1A, and where 523 sits

All 38 3-beds →

523 last sold in October 2026 at AED 1,253 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 1,243). Over the last 12 months three-beds sold for AED 1,680,000 to 2,050,000, around AED 1,243 per sqft, and rent for AED 60,000 to 175,000 a year. 523's AED 140,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 May 20262,050,000
10 Feb 20261,765,000
18 Sep 20251,650,000
13 May 20251,825,000
3 3-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

523, Safi Apartments 1A in numbers

  • Sold 3 times: first on 19 July 2020 for AED 1,035,888, last on 22 October 2026 for AED 1,680,000 (AED 1,253 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2026 price is 8.3%, before a service charge of about AED 20,500 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 1A sold for AED 1,680,000–2,050,000 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 October 2026.

Questions about 523, Safi Apartments 1A

What did unit 523 last sell for?

AED 1,680,000 on 22 October 2026: AED 1,253 per sqft for 1,340 sqft. The unit has 3 registered sales; the first was AED 1,035,888 in July 2020.

What is the rent for unit 523?

AED 140,000 a year on the contract signed on 10 June 2022.

How big is unit 523?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1A sold for AED 1,680,000 to 2,050,000 in the last 12 months, around AED 1,243 per sqft.

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Mortgage on 523, Safi Apartments 1A

Starts from the last sale price (AED 1.68M, 22 October 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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