217, Safi Apartments 1B
Sold prices and rental history: sold twice, last in September 2024, 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 217, Safi Apartments 1B
What is 217 worth today?
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Source: Dubai Land Department. Updated 17 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 2nd of 7
- Parking
- G-325
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 350K · September 2024
- Building
- Safi Apartments 1B
About 217, Safi Apartments 1B
217 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. It last sold on 23 September 2024 for AED 349,888, or AED 1,096 per sqft, 21% below the AED 1,389 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 17 March 2026, is AED 35,000 a year: a gross yield of 10.0% on the 2024 price.
Sales and rents for 217 over time
217 has sold twice; 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 217 sits
All 22 studios →217 last sold in September 2024 at AED 1,096 per sqft, 21% below what studios in Safi Apartments 1B were fetching at the time (AED 1,389). 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. 217's AED 35,000 is in the lower 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 | |
| 206 | Studio | 319 sqft | AED 419KAED 418,888 · Jan 2016January 2016 | 36,000 /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 | |
| 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 |
217, Safi Apartments 1B in numbers
- Sold twice: first on 21 July 2020 for AED 349,888, last on 23 September 2024 for AED 349,888 (AED 1,096 per sqft).
- Rented since August 2020 on 7 Ejari contracts, from AED 20,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2024 price is 10.0%.
- 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 17 March 2026.
Questions about 217, Safi Apartments 1B
What did unit 217 last sell for?
AED 349,888 on 23 September 2024: AED 1,096 per sqft for 319 sqft. The unit has 2 registered sales; the first was AED 349,888 in July 2020.
What is the rent for unit 217?
AED 35,000 a year on the contract renewed on 17 March 2026. The previous contract, from March 2025, was AED 35,000; the unit has been rented since August 2020.
How big is unit 217?
319 sqft (29.6 sqm): a studio on the 2nd floor of a 7-storey tower completed in 2018.
What is unit 217 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 217, Safi Apartments 1B
Starts from the last sale price (AED 350K, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 349,888
- Deposit, UAE resident (20%)
- AED 69,978
- Deposit, non-resident (40%)
- AED 139,955
- Monthly over 25 years at 3.7%
- AED 1,431
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →