1-bed · 633 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

403, Safi Apartments 1B

Sold prices and rental history: sold twice, last in October 2021, and rented once, from November 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 6 October 2021
Last soldAED 495K6 October 2021
Current rentAED 38K /yr17 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Safi Apartments 1B

What is 403 worth today?

Last sold for AED 495,000 in 2021

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6 Oct 2021SoldReady
AED 495,000AED 781 per sqft
17 Nov 2019RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft
8 Sep 2015Sold by developerOff-plan
AED 575,888AED 909 per sqft

Source: Dubai Land Department. Updated 6 October 2021.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
4th of 7
Parking
G-311
Developer
Nshmi Development
Completed
2018
Last sold
AED 495K · October 2021

About 403, Safi Apartments 1B

403 is a one-bedroom apartment of 633 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 October 2021 for AED 495,000, or AED 781 per sqft, 12% above the AED 698 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 November 2019. The current contract, signed on 17 November 2019, is AED 38,000 a year: a gross yield of 7.7% on the 2021 price.

Sales and rents for 403 over time

Sales
Unit 403, 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, September 2015: AED 575,888 (AED 909 per sqft)Sold, October 2021: AED 495,000 (AED 781 per sqft)

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

Rents
Unit 403, 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 38,000 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 403 sits

All 55 1-beds →

403 last sold in October 2021 at AED 781 per sqft, 12% above what one-beds in Safi Apartments 1B were fetching at the time (AED 698). 403's AED 38,000 is at the bottom 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 4th floor

All 181 units in Safi Apartments 1B
Value
4012-bedAED 1.2M · Feb 2026
4023-bedAED 1.15M · Apr 2023
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

403, Safi Apartments 1B in numbers

  • Sold twice: first on 8 September 2015 for AED 575,888, last on 6 October 2021 for AED 495,000 (AED 781 per sqft).
  • Rented since November 2019 on one Ejari contract, at AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 7.7%.

Source: Dubai Land Department. Updated 6 October 2021.

Questions about 403, Safi Apartments 1B

What did unit 403 last sell for?

AED 495,000 on 6 October 2021: AED 781 per sqft for 633 sqft. The unit has 2 registered sales; the first was AED 575,888 in September 2015.

What is the rent for unit 403?

AED 38,000 a year on the contract signed on 17 November 2019.

How big is unit 403?

633 sqft (58.8 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 403 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 403, Safi Apartments 1B

Starts from the last sale price (AED 495K, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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