1-bed · 596 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

207, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 6 June 2026
Last soldAED 550K14 September 2015
Current rentAED 48K /yr6 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Safi Apartments 1B

What is 207 worth today?

Last sold for AED 549,888 in 2015

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6 Jun 2026RentedRenewal
AED 48,400/yr12 months · AED 82 per sqft
7 Jun 2024RentedRenewal
AED 44,119/yr12 months · AED 75 per sqft
6 Jun 2023RentedRenewal
AED 39,889/yr12 months · AED 67 per sqft
6 Jun 2022RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
10 Oct 2021RentedRenewal
AED 40,000/yr6 months · AED 68 per sqft
10 Apr 2021RentedRenewal
AED 40,000/yr6 months · AED 68 per sqft
10 Oct 2020RentedRenewal
AED 40,000/yr6 months · AED 68 per sqft
10 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 6 June 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
2nd of 7
Parking
G-253
Developer
Nshmi Development
Completed
2018
Last sold
AED 550K · September 2015

About 207, Safi Apartments 1B

207 is a one-bedroom apartment of 596 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 14 September 2015 for AED 549,888, or AED 922 per sqft, in line with the AED 909 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 6 June 2026, is AED 48,400 a year: a gross yield of 8.8% on the 2015 price.

Sales and rents for 207 over time

Sales
Unit 207, 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, September 2015: AED 549,888 (AED 922 per sqft)

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

Rents
Unit 207, 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, October 2019: AED 40,000 a yearRenewal, October 2020: AED 40,000 a yearRenewal, April 2021: AED 40,000 a yearRenewal, October 2021: AED 40,000 a yearNew contract, June 2022: AED 40,000 a yearRenewal, June 2023: AED 39,889 a yearRenewal, June 2024: AED 44,119 a yearRenewal, June 2026: AED 48,400 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 207 sits

All 55 1-beds →

207 last sold in September 2015 at AED 922 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 909). 207's AED 48,400 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
2051-bedAED 600K · Oct 2015
206StudioAED 419K · Jan 2016
2083-bedAED 1.11M · Oct 2015
1–7 of 25

207, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 14 September 2015 for AED 549,888, or AED 922 per sqft.
  • Rented since October 2019 on 8 Ejari contracts, from AED 40,000 to AED 48,400 a year.
  • At AED 48,400 a year the gross yield on the 2015 price is 8.8%.

Source: Dubai Land Department. Updated 6 June 2026.

Questions about 207, Safi Apartments 1B

What did unit 207 last sell for?

AED 549,888 on 14 September 2015, sold by the developer: AED 922 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 48,400 a year on the contract renewed on 6 June 2026. The previous contract, from June 2024, was AED 44,119; the unit has been rented since October 2019.

How big is unit 207?

596 sqft (55.4 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 207 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 207, Safi Apartments 1B

Starts from the last sale price (AED 550K, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 549,888
Deposit, UAE resident (20%)
AED 109,978
Deposit, non-resident (40%)
AED 219,955
Monthly over 25 years at 3.7%
AED 2,250

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