2-bed · 937 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

401, Safi Apartments 1B

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 1.2M6 February 2026
Current rentAED 85K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Safi Apartments 1B

What is 401 worth today?

Last sold for AED 1,200,000 in 2026

Unlock today's estimate, updated daily, with

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

7 Mar 2026RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
6 Feb 2026SoldReady
AED 1,200,000AED 1,281 per sqft
21 Apr 2024RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
21 Apr 2023RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
21 Apr 2022RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
21 Apr 2021RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
21 Apr 2020RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
21 Apr 2019RentedNew contract
AED 80,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
4th of 7
Parking
P-382,P-192
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.2M · February 2026

About 401, Safi Apartments 1B

401 is a two-bedroom apartment of 937 sqft on the 4th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 6 February 2026 for AED 1,200,000, or AED 1,281 per sqft, in line with the AED 1,270 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 7 March 2026, is AED 85,000 a year: a gross yield of 7.1% on the 2026 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 828,888 (AED 884 per sqft)Sold, February 2026: AED 1,200,000 (AED 1,281 per sqft)

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

Rents
Unit 401, 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, April 2019: AED 80,000 a yearRenewal, April 2020: AED 55,000 a yearRenewal, April 2021: AED 55,000 a yearRenewal, April 2022: AED 55,000 a yearRenewal, April 2023: AED 55,000 a yearRenewal, April 2024: AED 80,000 a yearNew contract, March 2026: AED 85,000 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 401 sits

All 67 2-beds →

401 last sold in February 2026 at AED 1,281 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,270). 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. 401's AED 85,000 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 4th floor

All 181 units in Safi Apartments 1B
Value
4023-bedAED 1.15M · Apr 2023
4031-bedAED 495K · Oct 2021
4041-bedAED 561K · Oct 2015
4051-bedAED 607K · Oct 2015
406StudioAED 350K · Jan 2025
4071-bedAED 705K · May 2025
4083-bedAED 900K · Apr 2021
1–7 of 26

401, Safi Apartments 1B in numbers

  • Sold twice: first on 25 October 2015 for AED 828,888, last on 6 February 2026 for AED 1,200,000 (AED 1,281 per sqft).
  • Rented since April 2019 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2023 and recovered to AED 85,000 by March 2026.
  • At AED 85,000 a year the gross yield on the 2026 price is 7.1%.
  • 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 7 March 2026.

Questions about 401, Safi Apartments 1B

What did unit 401 last sell for?

AED 1,200,000 on 6 February 2026: AED 1,281 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 828,888 in October 2015.

What is the rent for unit 401?

AED 85,000 a year on the contract signed on 7 March 2026. The previous contract, from April 2024, was AED 80,000; the unit has been rented since April 2019.

How big is unit 401?

937 sqft (87.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 401 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.

Selling 401? 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 401, Safi Apartments 1B

Starts from the last sale price (AED 1.2M, 6 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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