2-bed · 977 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

324, Safi Apartments 1B

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 324 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 1.14M16 May 2025
Current rentAED 80K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 324, Safi Apartments 1B

What is 324 worth today?

Last sold for AED 1,135,000 in 2025

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25 May 2026RentedRenewal
AED 80,000/yr12 months · AED 82 per sqft
16 May 2025SoldReady
AED 1,135,000AED 1,162 per sqft
25 May 2024RentedNew contract
AED 80,000/yr12 months · AED 82 per sqft
15 Jun 2023RentedRenewal
AED 47,850/yr8 months · AED 49 per sqft
15 Jun 2022RentedRenewal
AED 48,000/yr12 months · AED 49 per sqft
15 Jun 2021RentedNew contract
AED 46,000/yr12 months · AED 47 per sqft
1 Jun 2020RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft
29 May 2019RentedNew contract
AED 52,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
2-bed apartment
Size
977 sqft
Floor
3rd of 7
Parking
P-401
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.14M · May 2025

About 324, Safi Apartments 1B

324 is a two-bedroom apartment of 977 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 16 May 2025 for AED 1,135,000, or AED 1,162 per sqft, 7% below the AED 1,246 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 25 May 2026, is AED 80,000 a year: a gross yield of 7.0% on the 2025 price.

Sales and rents for 324 over time

Sales
Unit 324, 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, September 2015: AED 824,888 (AED 844 per sqft)Sold, May 2025: AED 1,135,000 (AED 1,162 per sqft)

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

Rents
Unit 324, 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, May 2019: AED 52,000 a yearNew contract, June 2020: AED 52,000 a yearNew contract, June 2021: AED 46,000 a yearRenewal, June 2022: AED 48,000 a yearRenewal, June 2023: AED 47,850 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 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 324 sits

All 67 2-beds →

324 last sold in May 2025 at AED 1,162 per sqft, 7% below what two-beds in Safi Apartments 1B were fetching at the time (AED 1,246). 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. 324'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

324, Safi Apartments 1B in numbers

  • Sold twice: first on 15 September 2015 for AED 824,888, last on 16 May 2025 for AED 1,135,000 (AED 1,162 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 46,000 in 2021 and recovered to AED 80,000 by May 2026.
  • At AED 80,000 a year the gross yield on the 2025 price is 7.0%.
  • 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 25 May 2026.

Questions about 324, Safi Apartments 1B

What did unit 324 last sell for?

AED 1,135,000 on 16 May 2025: AED 1,162 per sqft for 977 sqft. The unit has 2 registered sales; the first was AED 824,888 in September 2015.

What is the rent for unit 324?

AED 80,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2024, was AED 80,000; the unit has been rented since May 2019.

How big is unit 324?

977 sqft (90.8 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 324 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 324, Safi Apartments 1B

Starts from the last sale price (AED 1.14M, 16 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,135,000
Deposit, UAE resident (20%)
AED 227,000
Deposit, non-resident (40%)
AED 454,000
Monthly over 25 years at 3.7%
AED 4,644

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