201, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Safi Apartments 1B
What is 201 worth today?
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Source: Dubai Land Department. Updated 27 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 937 sqft
- Floor
- 2nd of 7
- Parking
- P-466
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 819K · October 2015
- Building
- Safi Apartments 1B
About 201, Safi Apartments 1B
201 is a two-bedroom apartment of 937 sqft on the 2nd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 818,888, or AED 874 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 27 August 2024, is AED 85,000 a year: a gross yield of 10.4% on the 2015 price.
Sales and rents for 201 over time
201 has sold once; the dashed line is the two-bed median of each year in the building.
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 1B, and where 201 sits
All 67 2-beds →201 last sold in October 2015 at AED 874 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 987,000 to 1,200,000, around AED 1,276 per sqft, and rent for AED 61,365 to 115,000 a year. 201's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 937 sqft | 1,030,000 | 1,099 | ||
| 4 Sep 20264 September 2026 | 881 sqft | 1,100,000 | 1,248 | ||
| 15 May 202615 May 2026 | 937 sqft | 987,000 | 1,053 | ||
| 13 Mar 202613 March 2026 | 937 sqft | 1,200,000 | 1,281 |
Safi Apartments 1B
Building181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 14 sold in the last 12 months.
- Typical price per sqft
- AED 1,276 Up 8.0%
- Typical sale
- AED 1.2M
- Typical rent
- AED 64K /yr
- Typical yield
- 7.1%
Other units on the 2nd floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | 3-bed | 1,419 sqft | AED 1.65MAED 1,650,000 · Dec 2024December 2024 | 73,920 /yr | |
| 203 | 1-bed | 633 sqft | AED 740KAED 740,000 · Oct 2024October 2024 | 60,000 /yr | |
| 204 | 1-bed | 623 sqft | AED 470KAED 470,000 · Sep 2019September 2019 | 42,770 /yr | |
| 205 | 1-bed | 674 sqft | AED 600KAED 599,888 · Oct 2015October 2015 | 58,000 /yr | |
| 206 | Studio | 319 sqft | AED 419KAED 418,888 · Jan 2016January 2016 | 36,000 /yr | |
| 207 | 1-bed | 596 sqft | AED 550KAED 549,888 · Sep 2015September 2015 | 48,400 /yr | |
| 208 | 3-bed | 1,408 sqft | AED 1.11MAED 1,108,888 · Oct 2015October 2015 | ||
| 209 | 2-bed | 881 sqft | AED 750KAED 749,888 · Oct 2015October 2015 | 78,000 /yr | |
| 210 | 2-bed | 1,058 sqft | AED 911KAED 910,888 · Nov 2018November 2018 | 82,000 /yr | |
| 211 | 1-bed | 687 sqft | AED 660KAED 660,000 · Jun 2024June 2024 | 60,000 /yr | |
| 212 | 1-bed | 687 sqft | AED 598KAED 597,888 · Oct 2015October 2015 | 60,000 /yr | |
| 213 | 2-bed | 1,045 sqft | AED 852KAED 851,888 · Oct 2015October 2015 | 85,000 /yr | |
| 214 | 2-bed | 881 sqft | AED 750KAED 749,888 · Oct 2015October 2015 | 73,000 /yr | |
| 215 | 3-bed | 1,408 sqft | AED 1.34MAED 1,340,000 · Apr 2024April 2024 | 120,000 /yr | |
| 216 | 1-bed | 596 sqft | AED 530KAED 529,888 · Sep 2015September 2015 | 60,000 /yr | |
| 217 | Studio | 319 sqft | AED 350KAED 349,888 · Sep 2024September 2024 | 35,000 /yr | |
| 218 | 1-bed | 674 sqft | AED 520KAED 520,000 · Feb 2023February 2023 | 55,000 /yr | |
| 219 | 1-bed | 614 sqft | AED 575KAED 574,888 · May 2016May 2016 | 62,000 /yr | |
| 220 | 1-bed | 633 sqft | AED 583KAED 582,888 · Jan 2016January 2016 | 62,500 /yr | |
| 221 | 3-bed | 1,419 sqft | AED 980KAED 980,000 · Mar 2020March 2020 | ||
| 222 | 2-bed | 937 sqft | AED 819KAED 818,888 · Sep 2015September 2015 | 68,250 /yr | |
| 223 | 3-bed | 1,339 sqft | AED 1.35MAED 1,350,000 · Jul 2024July 2024 | 82,946 /yr | |
| 224 | 2-bed | 886 sqft | AED 650KAED 650,000 · Jan 2020January 2020 | 72,000 /yr | |
| 225 | 2-bed | 904 sqft | AED 815KAED 814,888 · Oct 2015October 2015 | 88,000 /yr | |
| 226 | 3-bed | 1,340 sqft | AED 1.11MAED 1,111,888 · Oct 2015October 2015 | 120,000 /yr |
201, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 25 October 2015 for AED 818,888, or AED 874 per sqft.
- Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 85,000 by August 2024.
- At AED 85,000 a year the gross yield on the 2015 price is 10.4%.
- Two-beds in Safi Apartments 1B sold for AED 987,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,276 per sqft.
Source: Dubai Land Department. Updated 27 August 2024.
Questions about 201, Safi Apartments 1B
What did unit 201 last sell for?
AED 818,888 on 25 October 2015, sold by the developer: AED 874 per sqft for 937 sqft. It is the only registered sale of the unit.
What is the rent for unit 201?
AED 85,000 a year on the contract signed on 27 August 2024. The previous contract, from August 2023, was AED 75,000; the unit has been rented since June 2019.
How big is unit 201?
937 sqft (87.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.
What is unit 201 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 1B sold for AED 987,000 to 1,200,000 in the last 12 months, around AED 1,276 per sqft.
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Mortgage on 201, Safi Apartments 1B
Starts from the last sale price (AED 819K, 25 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 818,888
- Deposit, UAE resident (20%)
- AED 163,778
- Deposit, non-resident (40%)
- AED 327,555
- Monthly over 25 years at 3.7%
- AED 3,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →