3-bed · 1,340 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

427, Safi Apartments 1B

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 427 · DLD and Ejari recordsUpdated 20 June 2023

Last soldAED 1.1M20 June 2023

Current rentAED 71K /yr11 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 427, Safi Apartments 1B

Today

What is 427 worth today?

Last sold for AED 1,100,000 in 2023

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20 Jun 2023

20 Jun 2023SoldReady

AED 1,100,000AED 820 per sqft

11 Aug 2022

11 Aug 2022RentedRenewal

AED 71,400/yr12 months · AED 53 per sqft

11 Aug 2021

11 Aug 2021RentedRenewal

AED 68,000/yr12 months · AED 51 per sqft

11 Aug 2020

11 Aug 2020RentedNew contract

AED 65,000/yr12 months · AED 49 per sqft

1 Aug 2019

1 Aug 2019RentedNew contract

AED 74,000/yr12 months · AED 55 per sqft

26 Sep 2017

26 Sep 2017Sold by developerOff-plan

AED 1,341,888AED 1,001 per sqft

Source: Dubai Land Department. Updated 20 June 2023.

Key facts

Type: 3-bed apartment
Size: 1,340 sqft
Floor: 4th of 7
Parking: P-435
Developer: Nshmi Development
Completed: 2018
Last sold: AED 1.1M · June 2023
Building: Safi Apartments 1B

About 427, Safi Apartments 1B

427 is a three-bedroom apartment of 1,340 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 20 June 2023 for AED 1,100,000, or AED 820 per sqft, in line with the AED 813 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 11 August 2022, is AED 71,400 a year: a gross yield of 6.5% on the 2023 price.

Sales and rents for 427 over time

Sales

Unit 427, each saleTypical three-bed in Safi Apartments 1B

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

Rents

Unit 427, each contractTypical three-bed in Safi Apartments 1B

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Safi Apartments 1B, and where 427 sits

All 37 3-beds →

3-beds in Safi Apartments 1B · last 12 months1,253 /sqft Safi Apartments 1B · all types1,276 /sqft

427 last sold in June 2023 at AED 820 per sqft, in line with what three-beds in Safi Apartments 1B were fetching at the time (AED 813). Over the last 12 months three-beds sold for AED 1,660,000 to 1,800,000, around AED 1,253 per sqft, and rent for AED 114,000 to 220,000 a year. 427's AED 71,400 is at the bottom of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
6 May 20266 May 2026	1,419 sqft	1,800,000	1,268
4 Feb 20264 February 2026	1,340 sqft	1,660,000	1,238
11 Jul 202511 July 2025	2,257 sqft	1,780,000	788
13 May 202513 May 2025	1,408 sqft	1,590,000	1,129

2 3-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


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
405	1-bed	674 sqft	AED 607KAED 606,888 · Oct 2015October 2015	30,000 /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

1–7 of 26

427, Safi Apartments 1B in numbers

Sold twice: first on 26 September 2017 for AED 1,341,888, last on 20 June 2023 for AED 1,100,000 (AED 820 per sqft).
Rented since August 2019 on 4 Ejari contracts, from AED 74,000 to AED 71,400 a year.
At AED 71,400 a year the gross yield on the 2023 price is 6.5%.
Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,800,000 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 20 June 2023.

Questions about 427, Safi Apartments 1B

What did unit 427 last sell for?

AED 1,100,000 on 20 June 2023: AED 820 per sqft for 1,340 sqft. The unit has 2 registered sales; the first was AED 1,341,888 in September 2017.

What is the rent for unit 427?

AED 71,400 a year on the contract renewed on 11 August 2022. The previous contract, from August 2021, was AED 68,000; the unit has been rented since August 2019.

How big is unit 427?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 427 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1B sold for AED 1,660,000 to 1,800,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 427, Safi Apartments 1B

Starts from the last sale price (AED 1.1M, 20 June 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,100,000
Deposit, UAE resident (20%): AED 220,000
Deposit, non-resident (40%): AED 440,000
Monthly over 25 years at 3.7%: AED 4,500

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