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1-bed · 573 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

323, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 323 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 636K29 April 2019
Current rentAED 49K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 323, Safi Apartments 1B

What is 323 worth today?

Last sold for AED 635,888 in 2019

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1 Dec 2025RentedRenewal
AED 49,025/yr12 months · AED 86 per sqft
1 Dec 2025RentedRenewal
AED 46,585/yr12 months · AED 82 per sqft
1 Dec 2024RentedRenewal
AED 46,585/yr12 months · AED 82 per sqft
1 Dec 2023RentedRenewal
AED 42,350/yr12 months · AED 74 per sqft
1 Dec 2022RentedNew contract
AED 38,500/yr12 months · AED 67 per sqft
1 Dec 2021RentedRenewal
AED 35,000/yr12 months · AED 61 per sqft
1 Dec 2020RentedNew contract
AED 35,000/yr12 months · AED 61 per sqft
3 Nov 2019RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
573 sqft
Floor
3rd of 7
Parking
G-298
Developer
Nshmi Development
Completed
2018
Last sold
AED 636K · April 2019
Building
Safi Apartments 1B

About 323, Safi Apartments 1B

323 is a one-bedroom apartment of 573 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 29 April 2019 for AED 635,888, or AED 1,110 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 49,025 a year: a gross yield of 7.7% on the 2019 price.

Sales and rents for 323 over time

Sales
Unit 323, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, April 2019: AED 635,888 (AED 1,110 per sqft)

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

Rents
Unit 323, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, November 2019: AED 40,000 a yearNew contract, December 2020: AED 35,000 a yearRenewal, December 2021: AED 35,000 a yearNew contract, December 2022: AED 38,500 a yearRenewal, December 2023: AED 42,350 a yearRenewal, December 2024: AED 46,585 a yearRenewal, December 2025: AED 49,025 a yearRenewal, December 2025: AED 46,585 a year

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 323 sits

All 55 1-beds →

323's AED 49,025 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-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

323, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 29 April 2019 for AED 635,888, or AED 1,110 per sqft.
  • Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 35,000 in 2021 and recovered to AED 49,025 by December 2025.
  • At AED 49,025 a year the gross yield on the 2019 price is 7.7%.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 323, Safi Apartments 1B

What did unit 323 last sell for?

AED 635,888 on 29 April 2019, sold by the developer: AED 1,110 per sqft for 573 sqft. It is the only registered sale of the unit.

What is the rent for unit 323?

AED 49,025 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 46,585; the unit has been rented since November 2019.

How big is unit 323?

573 sqft (53.2 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 323 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 323, Safi Apartments 1B

Starts from the last sale price (AED 636K, 29 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 635,888
Deposit, UAE resident (20%)
AED 127,178
Deposit, non-resident (40%)
AED 254,355
Monthly over 25 years at 3.7%
AED 2,602

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