306, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Safi Apartments 1B
What is 306 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 3rd of 7
- Parking
- G-269
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 463K · July 2016
- Building
- Safi Apartments 1B
About 306, Safi Apartments 1B
306 is a studio of 319 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 24 July 2016 for AED 462,888, or AED 1,450 per sqft, 30% above the AED 1,118 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 13 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 42,000 a year: a gross yield of 9.1% on the 2016 price.
Sales and rents for 306 over time
306 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safi Apartments 1B, and where 306 sits
All 22 studios →306 last sold in July 2016 at AED 1,450 per sqft, 30% above what studios in Safi Apartments 1B were fetching at the time (AED 1,118). Over the last 12 months studios sold for AED 525,000 to 528,000, around AED 1,631 per sqft, and rent for AED 30,000 to 42,000 a year. 306's AED 42,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Mar 202623 March 2026 | 319 sqft | 525,000 | 1,645 | ||
| 16 Mar 202616 March 2026 | 327 sqft | 528,000 | 1,616 | ||
| 18 Sep 202518 September 2025 | 327 sqft | 450,000 | 1,377 | ||
| 24 Jul 202524 July 2025 | 330 sqft | 390,000 | 1,181 |
Safi Apartments 1B
Building181 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%
Other units on the 3rd floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 937 sqft | AED 800KAED 800,000 · Apr 2023April 2023 | 80,000 /yr | |
| 302 | 3-bed | 1,419 sqft | AED 950KAED 950,000 · May 2021May 2021 | 130,000 /yr | |
| 303 | 1-bed | 633 sqft | AED 573KAED 572,888 · Oct 2015October 2015 | 48,300 /yr | |
| 304 | 1-bed | 623 sqft | AED 427KAED 427,000 · Oct 2020October 2020 | 56,000 /yr | |
| 305 | 1-bed | 674 sqft | AED 725KAED 725,000 · Feb 2025February 2025 | 78,000 /yr | |
| 307 | 1-bed | 596 sqft | AED 750KAED 750,000 · Sep 2025September 2025 | 65,000 /yr | |
| 308 | 3-bed | 1,412 sqft | AED 1.26MAED 1,258,888 · Jun 2018June 2018 | ||
| 309 | 2-bed | 881 sqft | AED 870KAED 870,400 · Jan 2023January 2023 | 80,000 /yr | |
| 310 | 2-bed | 1,002 sqft | AED 1.2MAED 1,200,000 · Mar 2026March 2026 | 49,500 /yr | |
| 311 | 1-bed | 687 sqft | AED 690KAED 690,000 · Oct 2024October 2024 | 64,000 /yr | |
| 312 | 1-bed | 687 sqft | AED 611KAED 610,888 · May 2016May 2016 | 50,000 /yr | |
| 313 | 2-bed | 1,002 sqft | AED 772KAED 771,888 · Oct 2015October 2015 | 52,000 /yr | |
| 314 | 2-bed | 881 sqft | AED 755KAED 754,888 · Oct 2015October 2015 | 70,000 /yr | |
| 315 | 3-bed | 1,412 sqft | AED 1.29MAED 1,290,888 · May 2017May 2017 | 70,400 /yr | |
| 316 | 1-bed | 596 sqft | AED 499KAED 499,000 · Jul 2023July 2023 | 37,878 /yr | |
| 317 | Studio | 319 sqft | AED 525KAED 525,000 · Mar 2026March 2026 | 120,000 /yr | |
| 318 | 1-bed | 674 sqft | AED 225KAED 225,000 · Jun 2021June 2021 | 60,000 /yr | |
| 319 | 1-bed | 624 sqft | AED 575KAED 574,888 · Jun 2016June 2016 | 55,000 /yr | |
| 320 | 1-bed | 633 sqft | AED 450KAED 450,000 · Sep 2021September 2021 | 60,000 /yr | |
| 321 | 3-bed | 1,419 sqft | AED 1.17MAED 1,171,888 · Oct 2015October 2015 | 140,000 /yr | |
| 322 | 2-bed | 937 sqft | AED 799KAED 798,888 · Sep 2018September 2018 | 90,000 /yr | |
| 323 | 1-bed | 573 sqft | AED 636KAED 635,888 · Apr 2019April 2019 | 46,585 /yr | |
| 324 | 2-bed | 977 sqft | AED 1.14MAED 1,135,000 · May 2025May 2025 | 80,000 /yr | |
| 325 | 2-bed | 1,040 sqft | AED 1.17MAED 1,170,000 · Feb 2025February 2025 | 58,212 /yr | |
| 326 | 2-bed | 905 sqft | AED 814KAED 813,888 · Oct 2015October 2015 | 83,000 /yr | |
| 327 | 3-bed | 1,340 sqft | AED 1.12MAED 1,118,888 · Oct 2015October 2015 | 112,000 /yr |
306, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 24 July 2016 for AED 462,888, or AED 1,450 per sqft.
- Rented since August 2019 on 13 Ejari contracts, from AED 26,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2016 price is 9.1%.
- Studios in Safi Apartments 1B sold for AED 525,000–528,000 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 15 May 2026.
Questions about 306, Safi Apartments 1B
What did unit 306 last sell for?
AED 462,888 on 24 July 2016, sold by the developer: AED 1,450 per sqft for 319 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 42,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2026, was AED 35,000; the unit has been rented since August 2019.
How big is unit 306?
319 sqft (29.6 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 1B sold for AED 525,000 to 528,000 in the last 12 months, around AED 1,631 per sqft.
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Mortgage on 306, Safi Apartments 1B
Starts from the last sale price (AED 463K, 24 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 462,888
- Deposit, UAE resident (20%)
- AED 92,578
- Deposit, non-resident (40%)
- AED 185,155
- Monthly over 25 years at 3.7%
- AED 1,894
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →