405, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Safi Apartments 1B
What is 405 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 674 sqft
- Floor
- 4th of 7
- Parking
- G-309
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 607K · October 2015
- Building
- Safi Apartments 1B
About 405, Safi Apartments 1B
405 is a one-bedroom apartment of 674 sqft on the 4th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 20 October 2015 for AED 606,888, or AED 900 per sqft, in line with the AED 898 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 30,000 a year: a gross yield of 4.9% on the 2015 price.
Sales and rents for 405 over time
405 has sold once; 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 405 sits
All 55 1-beds →405 last sold in October 2015 at AED 900 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 898). 405's AED 30,000 is at the bottom 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 4th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Feb 2026February 2026 | 85,000 /yr | |
| 402 | 3-bed | 1,419 sqft | AED 1.15MAED 1,150,000 · Apr 2023April 2023 | 66,000 /yr | |
| 403 | 1-bed | 633 sqft | AED 495KAED 495,000 · Oct 2021October 2021 | 38,000 /yr | |
| 404 | 1-bed | 614 sqft | AED 561KAED 560,888 · Oct 2015October 2015 | 50,000 /yr | |
| 406 | Studio | 319 sqft | AED 350KAED 350,000 · Jan 2025January 2025 | 40,000 /yr | |
| 407 | 1-bed | 596 sqft | AED 705KAED 705,000 · May 2025May 2025 | 60,000 /yr | |
| 408 | 3-bed | 1,408 sqft | AED 900KAED 900,000 · Apr 2021April 2021 | 125,000 /yr | |
| 409 | 2-bed | 881 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 410 | 2-bed | 883 sqft | AED 700KAED 700,000 · May 2022May 2022 | 44,000 /yr | |
| 411 | 1-bed | 692 sqft | AED 600KAED 599,888 · Oct 2015October 2015 | 65,000 /yr | |
| 412 | 1-bed | 692 sqft | AED 600KAED 599,888 · Oct 2015October 2015 | 60,000 /yr | |
| 413 | 2-bed | 883 sqft | AED 760KAED 759,888 · Oct 2015October 2015 | 80,000 /yr | |
| 414 | 2-bed | 881 sqft | AED 750KAED 750,000 · Dec 2023December 2023 | 46,500 /yr | |
| 415 | 3-bed | 1,408 sqft | AED 1.17MAED 1,171,888 · Aug 2016August 2016 | 65,000 /yr | |
| 416 | 1-bed | 596 sqft | AED 575KAED 574,888 · May 2016May 2016 | 63,000 /yr | |
| 417 | Studio | 319 sqft | AED 354KAED 353,888 · Oct 2015October 2015 | 40,000 /yr | |
| 418 | 1-bed | 674 sqft | AED 568KAED 567,888 · Oct 2015October 2015 | 60,000 /yr | |
| 419 | 1-bed | 628 sqft | AED 540KAED 540,000 · Jun 2019June 2019 | 46,000 /yr | |
| 420 | 1-bed | 633 sqft | AED 556KAED 555,888 · Sep 2015September 2015 | 55,000 /yr | |
| 421 | 3-bed | 1,419 sqft | AED 950KAED 950,000 · Aug 2019August 2019 | 220,000 /yr | |
| 422 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | 90,000 /yr | |
| 423 | 1-bed | 573 sqft | AED 480KAED 480,000 · Jan 2023January 2023 | 70,000 /yr | |
| 424 | 2-bed | 977 sqft | AED 630KAED 630,000 · Nov 2021November 2021 | 93,000 /yr | |
| 425 | 2-bed | 1,040 sqft | AED 440KAED 440,000 · Apr 2023April 2023 | 49,500 /yr | |
| 426 | 2-bed | 905 sqft | AED 819KAED 818,888 · Oct 2015October 2015 | 66,000 /yr | |
| 427 | 3-bed | 1,340 sqft | AED 1.1MAED 1,100,000 · Jun 2023June 2023 | 71,400 /yr |
405, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 20 October 2015 for AED 606,888, or AED 900 per sqft.
- Rented since November 2020 on 2 Ejari contracts, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2015 price is 4.9%.
Source: Dubai Land Department. Updated 1 November 2023.
Questions about 405, Safi Apartments 1B
What did unit 405 last sell for?
AED 606,888 on 20 October 2015, sold by the developer: AED 900 per sqft for 674 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 30,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2020, was AED 30,000.
How big is unit 405?
674 sqft (62.6 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 405 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 405, Safi Apartments 1B
Starts from the last sale price (AED 607K, 20 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 606,888
- Deposit, UAE resident (20%)
- AED 121,378
- Deposit, non-resident (40%)
- AED 242,755
- Monthly over 25 years at 3.7%
- AED 2,483
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →