206, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Safi Apartments 1B
What is 206 worth today?
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Source: Dubai Land Department. Updated 8 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 2nd of 7
- Parking
- G-322
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 419K · January 2016
- Building
- Safi Apartments 1B
About 206, Safi Apartments 1B
206 is a studio of 319 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 20 January 2016 for AED 418,888, or AED 1,312 per sqft, 17% above the AED 1,117 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 8 May 2026, is AED 36,000 a year: a gross yield of 8.6% on the 2016 price.
Sales and rents for 206 over time
206 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safi Apartments 1B, and where 206 sits
All 22 studios →206 last sold in January 2016 at AED 1,312 per sqft, 17% above what studios in Safi Apartments 1B were fetching at the time (AED 1,117). Over the last 12 months studios sold for AED 525,000 to 528,000, around AED 1,631 per sqft, and rent for AED 30,000 to 42,000 a year. 206's AED 36,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Mar 202623 March 2026 | 319 sqft | 525,000 | 1,645 | ||
| 16 Mar 202616 March 2026 | 327 sqft | 528,000 | 1,616 | ||
| 18 Sep 202518 September 2025 | 327 sqft | 450,000 | 1,377 | ||
| 24 Jul 202524 July 2025 | 330 sqft | 390,000 | 1,181 |
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 | |
| 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 | |
| 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 |
206, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 20 January 2016 for AED 418,888, or AED 1,312 per sqft.
- Rented since August 2020 on 7 Ejari contracts, from AED 20,000 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2016 price is 8.6%.
- Studios in Safi Apartments 1B sold for AED 525,000–528,000 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 8 May 2026.
Questions about 206, Safi Apartments 1B
What did unit 206 last sell for?
AED 418,888 on 20 January 2016, sold by the developer: AED 1,312 per sqft for 319 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 36,000 a year on the contract renewed on 8 May 2026. The previous contract, from May 2025, was AED 36,000; the unit has been rented since August 2020.
How big is unit 206?
319 sqft (29.6 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.
What is unit 206 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 1B sold for AED 525,000 to 528,000 in the last 12 months, around AED 1,631 per sqft.
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Mortgage on 206, Safi Apartments 1B
Starts from the last sale price (AED 419K, 20 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 418,888
- Deposit, UAE resident (20%)
- AED 83,778
- Deposit, non-resident (40%)
- AED 167,555
- Monthly over 25 years at 3.7%
- AED 1,714
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →