Studio · 319 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

317, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in March 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 525K23 March 2026
Current rentAED 120K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, Safi Apartments 1B

What is 317 worth today?

Last sold for AED 525,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Oct 2026RentedNew contract · flagged as an outlier
AED 120,000/yr3 months · AED 376 per sqft
23 Mar 2026SoldReady
AED 525,000AED 1,645 per sqft
10 Jan 2025RentedNew contract
AED 43,000/yr12 months · AED 133 per sqft
23 Sep 2024SoldReady
AED 450,000AED 1,409 per sqft
29 Jul 2023RentedNew contract
AED 28,000/yr12 months · AED 87 per sqft
12 Oct 2015Sold by developerOff-plan
AED 352,888AED 1,105 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
Studio apartment
Size
319 sqft
Floor
3rd of 7
Parking
G-319
Developer
Nshmi Development
Completed
2018
Last sold
AED 525K · March 2026

About 317, Safi Apartments 1B

317 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. It last sold on 23 March 2026 for AED 525,000, or AED 1,645 per sqft, 10% above the AED 1,497 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 19 October 2026, is AED 120,000 a year: a gross yield of 22.9% on the 2026 price.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical studio in Safi Apartments 1B
400K500K2015201820212024Typical sale price by year: 2015 AED 365,888; 2016 AED 422,888; 2019 AED 400,888; 2020 AED 359,944; 2024 AED 450,000; 2025 AED 390,000Sold by developer, October 2015: AED 352,888 (AED 1,105 per sqft)Sold, September 2024: AED 450,000 (AED 1,409 per sqft)Sold, March 2026: AED 525,000 (AED 1,645 per sqft)

317 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 317, each contractTypical studio in Safi Apartments 1B
20K30K40K20192021202320252027Typical rent by year: 2019 AED 26,000; 2020 AED 22,500; 2021 AED 22,000; 2022 AED 27,000; 2023 AED 28,321; 2024 AED 34,500; 2025 AED 36,000; 2026 AED 37,000New contract, July 2023: AED 28,000 a yearNew contract, January 2025: AED 43,000 a year

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 317 sits

All 22 studios →

317 last sold in March 2026 at AED 1,645 per sqft, 10% above what studios in Safi Apartments 1B were fetching at the time (AED 1,497). 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. 317's AED 120,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Mar 2026528,000
18 Sep 2025450,000
24 Jul 2025390,000
20 Jan 2025350,000
2 studio 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

317, Safi Apartments 1B in numbers

  • Sold 3 times: first on 12 October 2015 for AED 352,888, last on 23 March 2026 for AED 525,000 (AED 1,645 per sqft).
  • Rented since July 2023 on 3 Ejari contracts, from AED 28,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 22.9%.
  • 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 19 October 2026.

Questions about 317, Safi Apartments 1B

What did unit 317 last sell for?

AED 525,000 on 23 March 2026: AED 1,645 per sqft for 319 sqft. The unit has 3 registered sales; the first was AED 352,888 in October 2015.

What is the rent for unit 317?

AED 120,000 a year on the contract signed on 19 October 2026. The previous contract, from January 2025, was AED 43,000; the unit has been rented since July 2023.

How big is unit 317?

319 sqft (29.6 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 317 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.

Selling 317? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 317, Safi Apartments 1B

Starts from the last sale price (AED 525K, 23 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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