3-bed · 1,408 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

215, Safi Apartments 1B

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 8 May 2026
Last soldAED 1.34M2 April 2024
Current rentAED 120K /yr8 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Safi Apartments 1B

What is 215 worth today?

Last sold for AED 1,340,000 in 2024

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8 May 2026RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
5 Dec 2025RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
8 May 2025RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
8 May 2025RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
8 May 2024RentedNew contract
AED 108,000/yr12 months · AED 77 per sqft
2 Apr 2024SoldReady
AED 1,340,000AED 951 per sqft
11 Sep 2021RentedRenewal
AED 68,000/yr12 months · AED 48 per sqft
10 Sep 2020RentedNew contract
AED 63,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 8 May 2026.

Key facts

Type
3-bed apartment
Size
1,408 sqft
Floor
2nd of 7
Parking
P-477
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.34M · April 2024

About 215, Safi Apartments 1B

215 is a three-bedroom apartment of 1,408 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 2 April 2024 for AED 1,340,000, or AED 951 per sqft, 15% above the AED 826 three-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 8 May 2026, is AED 120,000 a year: a gross yield of 9.0% on the 2024 price.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,341,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,150,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, October 2015: AED 1,108,888 (AED 787 per sqft)Sold, April 2024: AED 1,340,000 (AED 951 per sqft)

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

Rents
Unit 215, each contractTypical three-bed in Safi Apartments 1B
100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 74,775; 2023 AED 84,500; 2024 AED 108,000; 2025 AED 120,000; 2026 AED 125,000New contract, July 2019: AED 75,000 a yearNew contract, September 2020: AED 63,000 a yearRenewal, September 2021: AED 68,000 a yearNew contract, May 2024: AED 108,000 a yearRenewal, May 2025: AED 120,000 a yearRenewal, May 2025: AED 120,000 a yearNew contract, December 2025: AED 120,000 a yearRenewal, May 2026: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Safi Apartments 1B, and where 215 sits

All 37 3-beds →

215 last sold in April 2024 at AED 951 per sqft, 15% above what three-beds in Safi Apartments 1B were fetching at the time (AED 826). Over the last 12 months three-beds sold for AED 1,660,000 to 1,800,000, around AED 1,253 per sqft, and rent for AED 114,000 to 220,000 a year. 215's AED 120,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20261,800,000
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
2 3-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

215, Safi Apartments 1B in numbers

  • Sold twice: first on 26 October 2015 for AED 1,108,888, last on 2 April 2024 for AED 1,340,000 (AED 951 per sqft).
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 63,000 in 2020 and recovered to AED 120,000 by May 2026.
  • At AED 120,000 a year the gross yield on the 2024 price is 9.0%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,800,000 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 215, Safi Apartments 1B

What did unit 215 last sell for?

AED 1,340,000 on 2 April 2024: AED 951 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 1,108,888 in October 2015.

What is the rent for unit 215?

AED 120,000 a year on the contract renewed on 8 May 2026. The previous contract, from December 2025, was AED 120,000; the unit has been rented since July 2019.

How big is unit 215?

1,408 sqft (130.8 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1B sold for AED 1,660,000 to 1,800,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 215, Safi Apartments 1B

Starts from the last sale price (AED 1.34M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,000
Deposit, UAE resident (20%)
AED 268,000
Deposit, non-resident (40%)
AED 536,000
Monthly over 25 years at 3.7%
AED 5,482

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