1-bed · 623 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

304, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 427K28 October 2020
Current rentAED 56K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Safi Apartments 1B

What is 304 worth today?

Last sold for AED 427,000 in 2020

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15 Sep 2026RentedRenewal
AED 56,000/yr12 months · AED 90 per sqft
15 Sep 2025RentedRenewal
AED 60,000/yr6 months · AED 96 per sqft
15 Sep 2025RentedRenewal
AED 56,000/yr12 months · AED 90 per sqft
15 Sep 2024RentedNew contract
AED 56,000/yr12 months · AED 90 per sqft
10 Mar 2024RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
20 Feb 2023RentedRenewal
AED 42,000/yr12 months · AED 67 per sqft
20 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 53 per sqft
20 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
3rd of 7
Parking
G-252
Developer
Nshmi Development
Completed
2018
Last sold
AED 427K · October 2020

About 304, Safi Apartments 1B

304 is a one-bedroom apartment of 623 sqft on the 3rd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 28 October 2020 for AED 427,000, or AED 685 per sqft, in line with the AED 685 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 56,000 a year: a gross yield of 13.1% on the 2020 price.

Sales and rents for 304 over time

Sales
Unit 304, 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, May 2016: AED 604,888 (AED 985 per sqft)Sold, October 2019: AED 393,000 (AED 630 per sqft)Sold, October 2020: AED 427,000 (AED 685 per sqft)

304 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, 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, October 2019: AED 34,000 a yearNew contract, February 2021: AED 30,000 a yearNew contract, February 2022: AED 33,000 a yearRenewal, February 2023: AED 42,000 a yearNew contract, March 2024: AED 50,000 a yearNew contract, September 2024: AED 56,000 a yearRenewal, September 2025: AED 60,000 a yearRenewal, September 2025: AED 56,000 a yearRenewal, September 2026: AED 56,000 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 304 sits

All 55 1-beds →

304 last sold in October 2020 at AED 685 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 685). 304's AED 56,000 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 3rd floor

All 181 units in Safi Apartments 1B
Value
3012-bedAED 800K · Apr 2023
3023-bedAED 950K · May 2021
3031-bedAED 573K · Oct 2015
3051-bedAED 725K · Feb 2025
306StudioAED 463K · Jul 2016
3071-bedAED 750K · Sep 2025
3083-bedAED 1.26M · Jun 2018
1–7 of 26

304, Safi Apartments 1B in numbers

  • Sold 3 times: first on 19 May 2016 for AED 604,888, last on 28 October 2020 for AED 427,000 (AED 685 per sqft).
  • Rented since October 2019 on 9 Ejari contracts. The rent fell from AED 34,000 to AED 30,000 in 2021 and recovered to AED 56,000 by September 2026.
  • At AED 56,000 a year the gross yield on the 2020 price is 13.1%.

Source: Dubai Land Department. Updated 15 September 2026.

Questions about 304, Safi Apartments 1B

What did unit 304 last sell for?

AED 427,000 on 28 October 2020: AED 685 per sqft for 623 sqft. The unit has 3 registered sales; the first was AED 604,888 in May 2016.

What is the rent for unit 304?

AED 56,000 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since October 2019.

How big is unit 304?

623 sqft (57.9 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 304 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 304, Safi Apartments 1B

Starts from the last sale price (AED 427K, 28 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 427,000
Deposit, UAE resident (20%)
AED 85,400
Deposit, non-resident (40%)
AED 170,800
Monthly over 25 years at 3.7%
AED 1,747

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