2-bed · 881 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

309, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 870K20 January 2023
Current rentAED 80K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Safi Apartments 1B

What is 309 worth today?

Last sold for AED 870,400 in 2023

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10 Sep 2026RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
10 Sep 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
21 Oct 2024RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
21 Oct 2023RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
20 Jan 2023SoldReady
AED 870,400AED 987 per sqft
21 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
16 Sep 2022SoldReady
AED 735,000AED 834 per sqft
20 Aug 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
3rd of 7
Parking
P-377
Developer
Nshmi Development
Completed
2018
Last sold
AED 870K · January 2023

About 309, Safi Apartments 1B

309 is a two-bedroom apartment of 881 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 20 January 2023 for AED 870,400, or AED 987 per sqft, 18% above the AED 834 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 10 September 2026, is AED 80,000 a year: a gross yield of 9.2% on the 2023 price.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 813,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,160,000; 2026 AED 1,190,000Sold by developer, October 2015: AED 754,888 (AED 856 per sqft)Sold, September 2022: AED 735,000 (AED 834 per sqft)Sold, January 2023: AED 870,400 (AED 987 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Safi Apartments 1B
40K60K80K201920222025Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,750; 2023 AED 55,220; 2024 AED 68,250; 2025 AED 78,750; 2026 AED 80,000New contract, July 2019: AED 60,000 a yearNew contract, August 2020: AED 40,000 a yearNew contract, October 2022: AED 60,000 a yearRenewal, October 2023: AED 50,000 a yearRenewal, October 2024: AED 50,000 a yearNew contract, September 2025: AED 80,000 a yearRenewal, September 2026: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Safi Apartments 1B, and where 309 sits

All 67 2-beds →

309 last sold in January 2023 at AED 987 per sqft, 18% above what two-beds in Safi Apartments 1B were fetching at the time (AED 834). Over the last 12 months two-beds sold for AED 987,000 to 1,200,000, around AED 1,276 per sqft, and rent for AED 61,365 to 115,000 a year. 309's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
4 Sep 20261,100,000
15 May 2026987,000
13 Mar 20261,200,000
10 2-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
3041-bedAED 427K · Oct 2020
3051-bedAED 725K · Feb 2025
306StudioAED 463K · Jul 2016
3071-bedAED 750K · Sep 2025
1–7 of 26

309, Safi Apartments 1B in numbers

  • Sold 3 times: first on 20 October 2015 for AED 754,888, last on 20 January 2023 for AED 870,400 (AED 987 per sqft).
  • Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2020 and recovered to AED 80,000 by September 2026.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.2%.
  • Two-beds in Safi Apartments 1B sold for AED 987,000–1,200,000 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 10 September 2026.

Questions about 309, Safi Apartments 1B

What did unit 309 last sell for?

AED 870,400 on 20 January 2023: AED 987 per sqft for 881 sqft. The unit has 3 registered sales; the first was AED 754,888 in October 2015.

What is the rent for unit 309?

AED 80,000 a year on the contract renewed on 10 September 2026. The previous contract, from September 2025, was AED 80,000; the unit has been rented since July 2019.

How big is unit 309?

881 sqft (81.8 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1B sold for AED 987,000 to 1,200,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 309, Safi Apartments 1B

Starts from the last sale price (AED 870K, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,400
Deposit, UAE resident (20%)
AED 174,080
Deposit, non-resident (40%)
AED 348,160
Monthly over 25 years at 3.7%
AED 3,561

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