1-bed · 674 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

218, Safi Apartments 1B

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 3 April 2023
Last soldAED 520K21 February 2023
Current rentAED 55K /yr3 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, Safi Apartments 1B

What is 218 worth today?

Last sold for AED 520,000 in 2023

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3 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
21 Feb 2023SoldReady
AED 520,000AED 771 per sqft
12 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
16 Sep 2020RentedRenewal
AED 33,000/yr12 months · AED 49 per sqft
1 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 59 per sqft
14 Sep 2015Sold by developerOff-plan
AED 561,888AED 833 per sqft

Source: Dubai Land Department. Updated 3 April 2023.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
2nd of 7
Parking
G-291
Developer
Nshmi Development
Completed
2018
Last sold
AED 520K · February 2023

About 218, Safi Apartments 1B

218 is a one-bedroom apartment of 674 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 21 February 2023 for AED 520,000, or AED 771 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 3 April 2023, is AED 55,000 a year: a gross yield of 10.6% on the 2023 price.

Sales and rents for 218 over time

Sales
Unit 218, 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 561,888 (AED 833 per sqft)Sold, February 2023: AED 520,000 (AED 771 per sqft)

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

Rents
Unit 218, 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, September 2019: AED 40,000 a yearRenewal, September 2020: AED 33,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, April 2023: AED 55,000 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 218 sits

All 55 1-beds →

218's AED 55,000 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
2071-bedAED 550K · Sep 2015
1–7 of 25

218, Safi Apartments 1B in numbers

  • Sold twice: first on 14 September 2015 for AED 561,888, last on 21 February 2023 for AED 520,000 (AED 771 per sqft).
  • Rented since September 2019 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 55,000 by April 2023.
  • At AED 55,000 a year the gross yield on the 2023 price is 10.6%.

Source: Dubai Land Department. Updated 3 April 2023.

Questions about 218, Safi Apartments 1B

What did unit 218 last sell for?

AED 520,000 on 21 February 2023: AED 771 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 561,888 in September 2015.

What is the rent for unit 218?

AED 55,000 a year on the contract signed on 3 April 2023. The previous contract, from March 2021, was AED 30,000; the unit has been rented since September 2019.

How big is unit 218?

674 sqft (62.6 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 218 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 218, Safi Apartments 1B

Starts from the last sale price (AED 520K, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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