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1-bed · 687 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

212, 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 212 · DLD and Ejari recordsUpdated 22 November 2025
Last soldAED 598K12 October 2015
Current rentAED 60K /yr22 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, Safi Apartments 1B

What is 212 worth today?

Last sold for AED 597,888 in 2015

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22 Nov 2025RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
22 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
1 Oct 2023RentedNew contract
AED 41,750/yr12 months · AED 61 per sqft
1 Oct 2022RentedRenewal
AED 37,950/yr12 months · AED 56 per sqft
1 Oct 2021RentedRenewal
AED 33,000/yr12 months · AED 49 per sqft
1 Oct 2020RentedRenewal
AED 33,000/yr12 months · AED 49 per sqft
1 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft
12 Oct 2015Sold by developerOff-plan
AED 597,888AED 870 per sqft

Source: Dubai Land Department. Updated 22 November 2025.

Key facts

Type
1-bed apartment
Size
687 sqft
Floor
2nd of 7
Parking
G-356
Developer
Nshmi Development
Completed
2018
Last sold
AED 598K · October 2015
Building
Safi Apartments 1B

About 212, Safi Apartments 1B

212 is a one-bedroom apartment of 687 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 12 October 2015 for AED 597,888, or AED 870 per sqft, 4% below the AED 907 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 22 November 2025, is AED 60,000 a year: a gross yield of 10.0% on the 2015 price.

Sales and rents for 212 over time

Sales
Unit 212, 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 597,888 (AED 870 per sqft)

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

Rents
Unit 212, 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 38,000 a yearRenewal, October 2020: AED 33,000 a yearRenewal, October 2021: AED 33,000 a yearRenewal, October 2022: AED 37,950 a yearNew contract, October 2023: AED 41,750 a yearNew contract, November 2024: AED 60,000 a yearRenewal, November 2025: AED 60,000 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 212 sits

All 55 1-beds →

212 last sold in October 2015 at AED 870 per sqft, 4% below what one-beds in Safi Apartments 1B were fetching at the time (AED 907). 212's AED 60,000 is in the upper 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
2071-bedAED 550K · Sep 2015
1–7 of 25

212, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 597,888, or AED 870 per sqft.
  • Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 33,000 in 2021 and recovered to AED 60,000 by November 2025.
  • At AED 60,000 a year the gross yield on the 2015 price is 10.0%.

Source: Dubai Land Department. Updated 22 November 2025.

Questions about 212, Safi Apartments 1B

What did unit 212 last sell for?

AED 597,888 on 12 October 2015, sold by the developer: AED 870 per sqft for 687 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 60,000 a year on the contract renewed on 22 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since October 2019.

How big is unit 212?

687 sqft (63.8 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 212 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 212, Safi Apartments 1B

Starts from the last sale price (AED 598K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 597,888
Deposit, UAE resident (20%)
AED 119,578
Deposit, non-resident (40%)
AED 239,155
Monthly over 25 years at 3.7%
AED 2,446

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