3-bed · 1,419 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

221, Safi Apartments 1B

Sold prices and rental history: sold twice, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 980K1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, Safi Apartments 1B

What is 221 worth today?

Last sold for AED 980,000 in 2020

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1 Mar 2020SoldReady
AED 980,000AED 690 per sqft
25 Oct 2015Sold by developerOff-plan
AED 1,164,888AED 820 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
2nd of 7
Parking
G-372,P-305
Developer
Nshmi Development
Completed
2018
Last sold
AED 980K · March 2020

About 221, Safi Apartments 1B

221 is a three-bedroom apartment of 1,419 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 1 March 2020 for AED 980,000, or AED 690 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 221 over time

Sales
Unit 221, 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 1,164,888 (AED 820 per sqft)Sold, March 2020: AED 980,000 (AED 690 per sqft)

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

Rents
Unit 221, 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 125,000

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 221 sits

All 37 3-beds →

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.

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

221, Safi Apartments 1B in numbers

  • Sold twice: first on 25 October 2015 for AED 1,164,888, last on 1 March 2020 for AED 980,000 (AED 690 per sqft).
  • 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 1 March 2020.

Questions about 221, Safi Apartments 1B

What did unit 221 last sell for?

AED 980,000 on 1 March 2020: AED 690 per sqft for 1,419 sqft. The unit has 2 registered sales; the first was AED 1,164,888 in October 2015.

How big is unit 221?

1,419 sqft (131.8 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 221 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 221, Safi Apartments 1B

Starts from the last sale price (AED 980K, 1 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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