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1-bed · 623 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

204, Safi Apartments 1B

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

Unit 204 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 470K25 September 2019
Current rentAED 43K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Safi Apartments 1B

What is 204 worth today?

Last sold for AED 470,000 in 2019

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15 Nov 2025RentedRenewal
AED 42,770/yr12 months · AED 69 per sqft
15 Nov 2024RentedRenewal
AED 52,000/yr12 months · AED 83 per sqft
15 Nov 2023RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
15 Nov 2022RentedRenewal
AED 38,000/yr12 months · AED 61 per sqft
15 Nov 2021RentedNew contract
AED 37,000/yr12 months · AED 59 per sqft
15 Nov 2020RentedRenewal
AED 36,000/yr12 months · AED 58 per sqft
15 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 61 per sqft
25 Sep 2019SoldReady
AED 470,000AED 754 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
2nd of 7
Parking
G-366
Developer
Nshmi Development
Completed
2018
Last sold
AED 470K · September 2019
Building
Safi Apartments 1B

About 204, Safi Apartments 1B

204 is a one-bedroom apartment of 623 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 25 September 2019 for AED 470,000, or AED 754 per sqft, 18% below the AED 917 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 42,770 a year: a gross yield of 9.1% on the 2019 price.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, May 2016: AED 604,888 (AED 985 per sqft)Sold, September 2019: AED 470,000 (AED 754 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, November 2019: AED 38,000 a yearRenewal, November 2020: AED 36,000 a yearNew contract, November 2021: AED 37,000 a yearRenewal, November 2022: AED 38,000 a yearRenewal, November 2023: AED 45,000 a yearRenewal, November 2024: AED 52,000 a yearRenewal, November 2025: AED 42,770 a year

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 204 sits

All 55 1-beds →

204 last sold in September 2019 at AED 754 per sqft, 18% below what one-beds in Safi Apartments 1B were fetching at the time (AED 917). 204's AED 42,770 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-bed sales in the last 12 months

Safi Apartments 1B

Building

181 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%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 181 units in Safi Apartments 1B
Value
2012-bedAED 819K · Oct 2015
2023-bedAED 1.65M · Dec 2024
2031-bedAED 740K · Oct 2024
2051-bedAED 600K · Oct 2015
206StudioAED 419K · Jan 2016
2071-bedAED 550K · Sep 2015
2083-bedAED 1.11M · Oct 2015
1–7 of 25

204, Safi Apartments 1B in numbers

  • Sold twice: first on 10 May 2016 for AED 604,888, last on 25 September 2019 for AED 470,000 (AED 754 per sqft).
  • Rented since November 2019 on 7 Ejari contracts, from AED 38,000 to AED 42,770 a year.
  • At AED 42,770 a year the gross yield on the 2019 price is 9.1%.

Source: Dubai Land Department. Updated 15 November 2025.

Questions about 204, Safi Apartments 1B

What did unit 204 last sell for?

AED 470,000 on 25 September 2019: AED 754 per sqft for 623 sqft. The unit has 2 registered sales; the first was AED 604,888 in May 2016.

What is the rent for unit 204?

AED 42,770 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 52,000; the unit has been rented since November 2019.

How big is unit 204?

623 sqft (57.9 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 204 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 204, Safi Apartments 1B

Starts from the last sale price (AED 470K, 25 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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