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2-bed · 1,002 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

313, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 30 August 2021
Last soldAED 772K20 October 2015
Current rentAED 52K /yr30 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, Safi Apartments 1B

What is 313 worth today?

Last sold for AED 771,888 in 2015

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30 Aug 2021RentedRenewal
AED 52,000/yr12 months · AED 52 per sqft
29 Aug 2020RentedNew contract
AED 52,000/yr12 months · AED 52 per sqft
20 Oct 2015Sold by developerOff-plan
AED 771,888AED 770 per sqft

Source: Dubai Land Department. Updated 30 August 2021.

Key facts

Type
2-bed apartment
Size
1,002 sqft
Floor
3rd of 7
Parking
P-372
Developer
Nshmi Development
Completed
2018
Last sold
AED 772K · October 2015
Building
Safi Apartments 1B

About 313, Safi Apartments 1B

313 is a two-bedroom apartment of 1,002 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 20 October 2015 for AED 771,888, or AED 770 per sqft, 12% below the AED 874 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 30 August 2021, is AED 52,000 a year: a gross yield of 6.7% on the 2015 price.

Sales and rents for 313 over time

Sales
Unit 313, 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 771,888 (AED 770 per sqft)

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

Rents
Unit 313, each contractTypical two-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical 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, August 2020: AED 52,000 a yearRenewal, August 2021: AED 52,000 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 313 sits

All 67 2-beds →

313 last sold in October 2015 at AED 770 per sqft, 12% below what two-beds in Safi Apartments 1B were fetching at the time (AED 874). 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. 313's AED 52,000 is at the bottom 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

313, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 20 October 2015 for AED 771,888, or AED 770 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2015 price is 6.7%.
  • 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 30 August 2021.

Questions about 313, Safi Apartments 1B

What did unit 313 last sell for?

AED 771,888 on 20 October 2015, sold by the developer: AED 770 per sqft for 1,002 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 52,000 a year on the contract renewed on 30 August 2021. The previous contract, from August 2020, was AED 52,000.

How big is unit 313?

1,002 sqft (93.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 313 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 313, Safi Apartments 1B

Starts from the last sale price (AED 772K, 20 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 771,888
Deposit, UAE resident (20%)
AED 154,378
Deposit, non-resident (40%)
AED 308,755
Monthly over 25 years at 3.7%
AED 3,158

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