1-bed · 633 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

303, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 11 August 2026
Last soldAED 573K12 October 2015
Current rentAED 48K /yr11 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Safi Apartments 1B

What is 303 worth today?

Last sold for AED 572,888 in 2015

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11 Aug 2026RentedRenewal
AED 48,300/yr12 months · AED 76 per sqft
11 Aug 2025RentedRenewal
AED 46,000/yr12 months · AED 73 per sqft
11 Aug 2024RentedRenewal
AED 46,000/yr12 months · AED 73 per sqft
11 Aug 2023RentedNew contract
AED 42,000/yr12 months · AED 66 per sqft
11 Aug 2022RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft
15 Jul 2021RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
24 Nov 2020RentedNew contract
AED 34,800/yr12 months · AED 55 per sqft
2 Sep 2019RentedNew contract
AED 35,000/yr13 months · AED 55 per sqft

Source: Dubai Land Department. Updated 11 August 2026.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
3rd of 7
Parking
G-255
Developer
Nshmi Development
Completed
2018
Last sold
AED 573K · October 2015

About 303, Safi Apartments 1B

303 is a one-bedroom apartment of 633 sqft on the 3rd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 12 October 2015 for AED 572,888, or AED 904 per sqft, in line with the AED 907 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 11 August 2026, is AED 48,300 a year: a gross yield of 8.4% on the 2015 price.

Sales and rents for 303 over time

Sales
Unit 303, 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, October 2015: AED 572,888 (AED 904 per sqft)

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

Rents
Unit 303, each contractTypical one-bed in Safi Apartments 1B
40K60K201920222025Typical 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 35,000 a yearNew contract, November 2020: AED 34,800 a yearNew contract, July 2021: AED 30,000 a yearNew contract, August 2022: AED 38,000 a yearNew contract, August 2023: AED 42,000 a yearRenewal, August 2024: AED 46,000 a yearRenewal, August 2025: AED 46,000 a yearRenewal, August 2026: AED 48,300 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 303 sits

All 55 1-beds →

303 last sold in October 2015 at AED 904 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 907). 303's AED 48,300 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 3rd floor

All 181 units in Safi Apartments 1B
Value
3012-bedAED 800K · Apr 2023
3023-bedAED 950K · May 2021
3041-bedAED 427K · Oct 2020
3051-bedAED 725K · Feb 2025
306StudioAED 463K · Jul 2016
3071-bedAED 750K · Sep 2025
3083-bedAED 1.26M · Jun 2018
1–7 of 26

303, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 572,888, or AED 904 per sqft.
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2021 and recovered to AED 48,300 by August 2026.
  • At AED 48,300 a year the gross yield on the 2015 price is 8.4%.

Source: Dubai Land Department. Updated 11 August 2026.

Questions about 303, Safi Apartments 1B

What did unit 303 last sell for?

AED 572,888 on 12 October 2015, sold by the developer: AED 904 per sqft for 633 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 48,300 a year on the contract renewed on 11 August 2026. The previous contract, from August 2025, was AED 46,000; the unit has been rented since September 2019.

How big is unit 303?

633 sqft (58.8 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 303 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 303, Safi Apartments 1B

Starts from the last sale price (AED 573K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 572,888
Deposit, UAE resident (20%)
AED 114,578
Deposit, non-resident (40%)
AED 229,155
Monthly over 25 years at 3.7%
AED 2,344

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