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1-bed · 674 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

205, 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.

Unit 205 · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 600K18 October 2015
Current rentAED 58K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, Safi Apartments 1B

What is 205 worth today?

Last sold for AED 599,888 in 2015

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15 Nov 2025RentedRenewal
AED 58,000/yr12 months · AED 86 per sqft
15 Nov 2025RentedRenewal
AED 58,000/yr12 months · AED 86 per sqft
15 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Oct 2023RentedRenewal
AED 45,150/yr12 months · AED 67 per sqft
1 Oct 2022RentedNew contract
AED 43,000/yr12 months · AED 64 per sqft
1 Sep 2021RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
10 Aug 2020RentedNew contract
AED 34,500/yr12 months · AED 51 per sqft
10 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
2nd of 7
Parking
G-300
Developer
Nshmi Development
Completed
2018
Last sold
AED 600K · October 2015
Building
Safi Apartments 1B

About 205, Safi Apartments 1B

205 is a one-bedroom apartment of 674 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 18 October 2015 for AED 599,888, or AED 889 per sqft, in line with the AED 900 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 58,000 a year: a gross yield of 9.7% on the 2015 price.

Sales and rents for 205 over time

Sales
Unit 205, 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, October 2015: AED 599,888 (AED 889 per sqft)

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

Rents
Unit 205, 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, August 2019: AED 38,000 a yearNew contract, August 2020: AED 34,500 a yearNew contract, September 2021: AED 33,000 a yearNew contract, October 2022: AED 43,000 a yearRenewal, October 2023: AED 45,150 a yearNew contract, November 2024: AED 55,000 a yearRenewal, November 2025: AED 58,000 a yearRenewal, November 2025: AED 58,000 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 205 sits

All 55 1-beds →

205 last sold in October 2015 at AED 889 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 900). 205's AED 58,000 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
2041-bedAED 470K · Sep 2019
206StudioAED 419K · Jan 2016
2071-bedAED 550K · Sep 2015
2083-bedAED 1.11M · Oct 2015
1–7 of 25

205, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 18 October 2015 for AED 599,888, or AED 889 per sqft.
  • Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 33,000 in 2021 and recovered to AED 58,000 by November 2025.
  • At AED 58,000 a year the gross yield on the 2015 price is 9.7%.

Source: Dubai Land Department. Updated 15 November 2025.

Questions about 205, Safi Apartments 1B

What did unit 205 last sell for?

AED 599,888 on 18 October 2015, sold by the developer: AED 889 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 58,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2025, was AED 58,000; the unit has been rented since August 2019.

How big is unit 205?

674 sqft (62.6 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 205 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 205, Safi Apartments 1B

Starts from the last sale price (AED 600K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 599,888
Deposit, UAE resident (20%)
AED 119,978
Deposit, non-resident (40%)
AED 239,955
Monthly over 25 years at 3.7%
AED 2,454

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