3-bed · 1,339 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

223, Safi Apartments 1B

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

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Unit 223 · DLD and Ejari recordsUpdated 16 July 2024

Last soldAED 1.35M16 July 2024

Current rentAED 83K /yr9 August 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 223, Safi Apartments 1B

Today

What is 223 worth today?

Last sold for AED 1,350,000 in 2024

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16 Jul 2024

16 Jul 2024SoldReady

AED 1,350,000AED 1,007 per sqft

9 Aug 2023

9 Aug 2023RentedRenewal

AED 82,946/yr12 months · AED 62 per sqft

9 Aug 2022

9 Aug 2022RentedRenewal

AED 75,000/yr12 months · AED 56 per sqft

9 Aug 2021

9 Aug 2021RentedRenewal

AED 65,000/yr12 months · AED 49 per sqft

9 Aug 2020

9 Aug 2020RentedNew contract

AED 65,000/yr12 months · AED 49 per sqft

9 Aug 2019

9 Aug 2019RentedNew contract

AED 72,000/yr12 months · AED 54 per sqft

26 Oct 2015

26 Oct 2015Sold by developerOff-plan

AED 1,111,888AED 830 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type: 3-bed apartment
Size: 1,339 sqft
Floor: 2nd of 7
Parking: G-373
Developer: Nshmi Development
Completed: 2018
Last sold: AED 1.35M · July 2024
Building: Safi Apartments 1B

About 223, Safi Apartments 1B

223 is a three-bedroom apartment of 1,339 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 16 July 2024 for AED 1,350,000, or AED 1,007 per sqft, 6% above the AED 951 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 9 August 2023, is AED 82,946 a year: a gross yield of 6.1% on the 2024 price.

Sales and rents for 223 over time

Sales

Unit 223, each saleTypical three-bed in Safi Apartments 1B

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

Rents

Unit 223, each contractTypical three-bed in Safi Apartments 1B

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 223 sits

All 37 3-beds →

3-beds in Safi Apartments 1B · last 12 months1,253 /sqft Safi Apartments 1B · all types1,276 /sqft

223 last sold in July 2024 at AED 1,007 per sqft, 6% above what three-beds in Safi Apartments 1B were fetching at the time (AED 951). 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. 223's AED 82,946 is at the bottom of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
6 May 20266 May 2026	1,419 sqft	1,800,000	1,268
4 Feb 20264 February 2026	1,340 sqft	1,660,000	1,238
11 Jul 202511 July 2025	2,257 sqft	1,780,000	788
13 May 202513 May 2025	1,408 sqft	1,590,000	1,129

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


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
217	Studio	319 sqft	AED 350KAED 349,888 · Sep 2024September 2024	35,000 /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
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

1–7 of 25

223, Safi Apartments 1B in numbers

Sold twice: first on 26 October 2015 for AED 1,111,888, last on 16 July 2024 for AED 1,350,000 (AED 1,007 per sqft).
Rented since August 2019 on 5 Ejari contracts, from AED 72,000 to AED 82,946 a year.
At AED 82,946 a year the gross yield on the 2024 price is 6.1%.
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 16 July 2024.

Questions about 223, Safi Apartments 1B

What did unit 223 last sell for?

AED 1,350,000 on 16 July 2024: AED 1,007 per sqft for 1,339 sqft. The unit has 2 registered sales; the first was AED 1,111,888 in October 2015.

What is the rent for unit 223?

AED 82,946 a year on the contract renewed on 9 August 2023. The previous contract, from August 2022, was AED 75,000; the unit has been rented since August 2019.

How big is unit 223?

1,339 sqft (124.4 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 223 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 223, Safi Apartments 1B

Starts from the last sale price (AED 1.35M, 16 July 2024). Switch to today's estimate once you have unlocked it.

Price: AED 1,350,000
Deposit, UAE resident (20%): AED 270,000
Deposit, non-resident (40%): AED 540,000
Monthly over 25 years at 3.7%: AED 5,523

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