318, Safi Apartments 1B
Sold prices and rental history: sold twice, last in June 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, Safi Apartments 1B
What is 318 worth today?
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Source: Dubai Land Department. Updated 19 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 674 sqft
- Floor
- 3rd of 7
- Parking
- G-295
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 225K · June 2021
- Building
- Safi Apartments 1B
About 318, Safi Apartments 1B
318 is a one-bedroom apartment of 674 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 15 June 2021 for AED 225,000, or AED 333 per sqft, 51% below the AED 685 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 19 September 2024, is AED 60,000 a year: a gross yield of 26.7% on the 2021 price.
Sales and rents for 318 over time
318 has sold twice; the dashed line is the one-bed median of each year in the building.
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 318 sits
All 55 1-beds →318 last sold in June 2021 at AED 333 per sqft, 51% below what one-beds in Safi Apartments 1B were fetching at the time (AED 685). 318's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Sep 202512 September 2025 | 596 sqft | 750,000 | 1,258 | ||
| 28 May 202528 May 2025 | 596 sqft | 705,000 | 1,183 | ||
| 12 Mar 202512 March 2025 | 628 sqft | 750,000 | 1,193 | ||
| 3 Feb 20253 February 2025 | 674 sqft | 725,000 | 1,075 |
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 | |
| 306 | Studio | 319 sqft | AED 463KAED 462,888 · Jul 2016July 2016 | 35,000 /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 | |
| 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 |
318, Safi Apartments 1B in numbers
- Sold twice: first on 20 October 2015 for AED 564,888, last on 15 June 2021 for AED 225,000 (AED 333 per sqft).
- Rented since January 2023 on 2 Ejari contracts, from AED 72,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2021 price is 26.7%.
Source: Dubai Land Department. Updated 19 September 2024.
Questions about 318, Safi Apartments 1B
What did unit 318 last sell for?
AED 225,000 on 15 June 2021: AED 333 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 564,888 in October 2015.
What is the rent for unit 318?
AED 60,000 a year on the contract signed on 19 September 2024. The previous contract, from January 2023, was AED 72,000.
How big is unit 318?
674 sqft (62.6 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 318 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 318, Safi Apartments 1B
Starts from the last sale price (AED 225K, 15 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 225,000
- Deposit, UAE resident (20%)
- AED 45,000
- Deposit, non-resident (40%)
- AED 90,000
- Monthly over 25 years at 3.7%
- AED 921
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →