203, Safi Apartments 1B
Sold prices and rental history: sold twice, last in October 2024, 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 203, Safi Apartments 1B
What is 203 worth today?
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Source: Dubai Land Department. Updated 10 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 633 sqft
- Floor
- 2nd of 7
- Parking
- G-314
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 740K · October 2024
- Building
- Safi Apartments 1B
About 203, Safi Apartments 1B
203 is a one-bedroom apartment of 633 sqft on the 2nd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 21 October 2024 for AED 740,000, or AED 1,168 per sqft, 8% above the AED 1,086 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 10 July 2026, is AED 60,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 203 over time
203 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safi Apartments 1B, and where 203 sits
All 55 1-beds →203 last sold in October 2024 at AED 1,168 per sqft, 8% above what one-beds in Safi Apartments 1B were fetching at the time (AED 1,086). 203's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Sep 202512 September 2025 | 596 sqft | 750,000 | 1,258 | ||
| 28 May 202528 May 2025 | 596 sqft | 705,000 | 1,183 | ||
| 12 Mar 202512 March 2025 | 628 sqft | 750,000 | 1,193 | ||
| 3 Feb 20253 February 2025 | 674 sqft | 725,000 | 1,075 |
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 | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 937 sqft | AED 819KAED 818,888 · Oct 2015October 2015 | 85,000 /yr | |
| 202 | 3-bed | 1,419 sqft | AED 1.65MAED 1,650,000 · Dec 2024December 2024 | 73,920 /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 |
203, Safi Apartments 1B in numbers
- Sold twice: first on 28 October 2015 for AED 580,888, last on 21 October 2024 for AED 740,000 (AED 1,168 per sqft).
- Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 29,000 in 2021 and recovered to AED 60,000 by July 2026.
- At AED 60,000 a year the gross yield on the 2024 price is 8.1%.
Source: Dubai Land Department. Updated 10 July 2026.
Questions about 203, Safi Apartments 1B
What did unit 203 last sell for?
AED 740,000 on 21 October 2024: AED 1,168 per sqft for 633 sqft. The unit has 2 registered sales; the first was AED 580,888 in October 2015.
What is the rent for unit 203?
AED 60,000 a year on the contract signed on 10 July 2026. The previous contract, from September 2024, was AED 55,000; the unit has been rented since May 2019.
How big is unit 203?
633 sqft (58.8 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 203, Safi Apartments 1B
Starts from the last sale price (AED 740K, 21 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →