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

216, 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 216 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 530K15 September 2015
Current rentAED 60K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Safi Apartments 1B

What is 216 worth today?

Last sold for AED 529,888 in 2015

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1 Nov 2026RentedRenewal
AED 60,000/yr12 months · AED 101 per sqft
1 Nov 2025RentedRenewal
AED 47,500/yr12 months · AED 80 per sqft
1 Nov 2024RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
1 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
15 Mar 2020RentedNew contract
AED 19,000/yr12 months · AED 32 per sqft
12 Jun 2019RentedNew contract
AED 38,000/yr12 months · AED 64 per sqft
15 Sep 2015Sold by developerOff-plan
AED 529,888AED 889 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
2nd of 7
Parking
G-259
Developer
Nshmi Development
Completed
2018
Last sold
AED 530K · September 2015

About 216, Safi Apartments 1B

216 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 15 September 2015 for AED 529,888, or AED 889 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 6 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 60,000 a year: a gross yield of 11.3% on the 2015 price.

Sales and rents for 216 over time

Sales
Unit 216, 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 529,888 (AED 889 per sqft)

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

Rents
Unit 216, each contractTypical one-bed in Safi Apartments 1B
20K40K60K201920222025Typical 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, June 2019: AED 38,000 a yearNew contract, March 2020: AED 19,000 a yearNew contract, November 2022: AED 50,000 a yearNew contract, November 2024: AED 60,000 a yearRenewal, November 2025: AED 47,500 a yearRenewal, November 2026: 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 216 sits

All 55 1-beds →

216 last sold in September 2015 at AED 889 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 909). 216'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

216, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 15 September 2015 for AED 529,888, or AED 889 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 38,000 to AED 19,000 in 2020 and recovered to AED 60,000 by November 2026.
  • At AED 60,000 a year the gross yield on the 2015 price is 11.3%.

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 216, Safi Apartments 1B

What did unit 216 last sell for?

AED 529,888 on 15 September 2015, sold by the developer: AED 889 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 60,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 47,500; the unit has been rented since June 2019.

How big is unit 216?

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

What is unit 216 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 216, Safi Apartments 1B

Starts from the last sale price (AED 530K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 529,888
Deposit, UAE resident (20%)
AED 105,978
Deposit, non-resident (40%)
AED 211,955
Monthly over 25 years at 3.7%
AED 2,168

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