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

422, Safi Apartments 1B

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

Unit 422 · DLD and Ejari recordsUpdated 28 December 2025
Last soldAED 1.2M17 December 2025
Current rentAED 90K /yr28 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Safi Apartments 1B

What is 422 worth today?

Last sold for AED 1,200,000 in 2025

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28 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
17 Dec 2025SoldReady
AED 1,200,000AED 1,281 per sqft
7 Jun 2023RentedRenewal
AED 50,050/yr12 months · AED 53 per sqft
7 Jun 2022RentedRenewal
AED 45,500/yr12 months · AED 49 per sqft
7 Jun 2021RentedNew contract
AED 42,500/yr12 months · AED 45 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
25 Oct 2015Sold by developerOff-plan
AED 828,888AED 884 per sqft

Source: Dubai Land Department. Updated 28 December 2025.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
4th of 7
Parking
P-369,P-193
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.2M · December 2025

About 422, Safi Apartments 1B

422 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 17 December 2025 for AED 1,200,000, or AED 1,281 per sqft, in line with the AED 1,257 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 28 December 2025, is AED 90,000 a year: a gross yield of 7.5% on the 2025 price.

Sales and rents for 422 over time

Sales
Unit 422, 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, December 2025: AED 1,200,000 (AED 1,281 per sqft)

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

Rents
Unit 422, each contractTypical two-bed in Safi Apartments 1B
50K75K20192021202320252027Typical 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 yearNew contract, June 2021: AED 42,500 a yearRenewal, June 2022: AED 45,500 a yearRenewal, June 2023: AED 50,050 a yearNew contract, December 2025: AED 90,000 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 422 sits

All 67 2-beds →

422 last sold in December 2025 at AED 1,281 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,257). 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. 422's AED 90,000 is in the upper 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
4012-bedAED 1.2M · Feb 2026
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
1–7 of 26

422, Safi Apartments 1B in numbers

  • Sold twice: first on 25 October 2015 for AED 828,888, last on 17 December 2025 for AED 1,200,000 (AED 1,281 per sqft).
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 42,500 in 2021 and recovered to AED 90,000 by December 2025.
  • At AED 90,000 a year the gross yield on the 2025 price is 7.5%.
  • 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 28 December 2025.

Questions about 422, Safi Apartments 1B

What did unit 422 last sell for?

AED 1,200,000 on 17 December 2025: 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 422?

AED 90,000 a year on the contract signed on 28 December 2025. The previous contract, from June 2023, was AED 50,050; the unit has been rented since April 2019.

How big is unit 422?

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

What is unit 422 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 422, Safi Apartments 1B

Starts from the last sale price (AED 1.2M, 17 December 2025). 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 →