2-bed · 905 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

426, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 426 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 819K20 October 2015
Current rentAED 66K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 426, Safi Apartments 1B

What is 426 worth today?

Last sold for AED 818,888 in 2015

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1 Apr 2025RentedRenewal
AED 66,000/yr12 months · AED 73 per sqft
1 Apr 2024RentedRenewal
AED 60,000/yr12 months · AED 66 per sqft
1 Apr 2023RentedRenewal
AED 55,650/yr12 months · AED 62 per sqft
26 Jun 2021RentedRenewal
AED 45,000/yr9 months · AED 50 per sqft
26 Jun 2020RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
26 Jun 2019RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
20 Oct 2015Sold by developerOff-plan
AED 818,888AED 905 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
4th of 7
Parking
P-375
Developer
Nshmi Development
Completed
2018
Last sold
AED 819K · October 2015

About 426, Safi Apartments 1B

426 is a two-bedroom apartment of 905 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 818,888, or AED 905 per sqft, 4% above the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 66,000 a year: a gross yield of 8.1% on the 2015 price.

Sales and rents for 426 over time

Sales
Unit 426, 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 818,888 (AED 905 per sqft)

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

Rents
Unit 426, 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, June 2019: AED 50,000 a yearRenewal, June 2020: AED 50,000 a yearRenewal, June 2021: AED 45,000 a yearRenewal, April 2023: AED 55,650 a yearRenewal, April 2024: AED 60,000 a yearRenewal, April 2025: AED 66,000 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 426 sits

All 67 2-beds →

426 last sold in October 2015 at AED 905 per sqft, 4% above what two-beds in Safi Apartments 1B were fetching at the time (AED 874). 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. 426's AED 66,000 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
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

426, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 20 October 2015 for AED 818,888, or AED 905 per sqft.
  • Rented since June 2019 on 6 Ejari contracts, from AED 50,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2015 price is 8.1%.
  • 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 1 April 2025.

Questions about 426, Safi Apartments 1B

What did unit 426 last sell for?

AED 818,888 on 20 October 2015, sold by the developer: AED 905 per sqft for 905 sqft. It is the only registered sale of the unit.

What is the rent for unit 426?

AED 66,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 60,000; the unit has been rented since June 2019.

How big is unit 426?

905 sqft (84.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 426 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 426, Safi Apartments 1B

Starts from the last sale price (AED 819K, 20 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 818,888
Deposit, UAE resident (20%)
AED 163,778
Deposit, non-resident (40%)
AED 327,555
Monthly over 25 years at 3.7%
AED 3,350

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