501, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Safi Apartments 1B
What is 501 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 14 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 937 sqft
- Floor
- 5th of 7
- Parking
- P-424
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 878K · July 2016
- Building
- Safi Apartments 1B
About 501, Safi Apartments 1B
501 is a two-bedroom apartment of 937 sqft on the 5th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 20 July 2016 for AED 877,888, or AED 937 per sqft, 7% above the AED 872 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 14 August 2025, is AED 75,000 a year: a gross yield of 8.5% on the 2016 price.
Sales and rents for 501 over time
501 has sold once; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 67 2-beds →501 last sold in July 2016 at AED 937 per sqft, 7% above what two-beds in Safi Apartments 1B were fetching at the time (AED 872). 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. 501's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 937 sqft | 1,030,000 | 1,099 | ||
| 4 Sep 20264 September 2026 | 881 sqft | 1,100,000 | 1,248 | ||
| 15 May 202615 May 2026 | 937 sqft | 987,000 | 1,053 | ||
| 13 Mar 202613 March 2026 | 937 sqft | 1,200,000 | 1,281 |
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 5th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,419 sqft | AED 1.8MAED 1,800,000 · May 2026May 2026 | 125,000 /yr | |
| 503 | 1-bed | 633 sqft | AED 579KAED 578,888 · May 2016May 2016 | 65,000 /yr | |
| 504 | 1-bed | 614 sqft | AED 561KAED 560,888 · May 2016May 2016 | 39,000 /yr | |
| 505 | 1-bed | 674 sqft | AED 610KAED 609,888 · May 2016May 2016 | 70,000 /yr | |
| 506 | Studio | 319 sqft | AED 427KAED 426,888 · Jun 2016June 2016 | 40,000 /yr | |
| 507 | 1-bed | 596 sqft | AED 559KAED 558,888 · May 2016May 2016 | 50,000 /yr | |
| 508 | 3-bed | 1,408 sqft | AED 1.59MAED 1,590,000 · May 2025May 2025 | 86,250 /yr | |
| 509 | 2-bed | 881 sqft | AED 1.1MAED 1,100,000 · Sep 2026September 2026 | 79,000 /yr | |
| 510 | 2-bed | 883 sqft | AED 798KAED 797,888 · May 2016May 2016 | 76,000 /yr | |
| 511 | 1-bed | 628 sqft | AED 557KAED 556,888 · Jun 2016June 2016 | 55,000 /yr | |
| 512 | 1-bed | 628 sqft | AED 613KAED 612,888 · Jul 2016July 2016 | 62,000 /yr | |
| 513 | 2-bed | 883 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 57,750 /yr | |
| 514 | 2-bed | 881 sqft | AED 690KAED 690,000 · Dec 2021December 2021 | 50,000 /yr | |
| 515 | 3-bed | 1,408 sqft | AED 1.15MAED 1,150,000 · Apr 2023April 2023 | 70,000 /yr | |
| 516 | 1-bed | 596 sqft | AED 575KAED 574,888 · Jun 2016June 2016 | 54,575 /yr | |
| 517 | Studio | 319 sqft | AED 355KAED 354,888 · Mar 2016March 2016 | 36,000 /yr | |
| 518 | 1-bed | 674 sqft | AED 597KAED 596,888 · May 2016May 2016 | 64,000 /yr | |
| 519 | 1-bed | 624 sqft | AED 575KAED 574,888 · Jun 2016June 2016 | 73,000 /yr | |
| 520 | 1-bed | 633 sqft | AED 584KAED 583,888 · May 2016May 2016 | 62,500 /yr | |
| 521 | 3-bed | 1,419 sqft | AED 1.03MAED 1,030,888 · Jul 2020July 2020 | 115,000 /yr | |
| 522 | 2-bed | 937 sqft | AED 878KAED 877,888 · Jul 2016July 2016 | 78,000 /yr | |
| 523 | 1-bed | 573 sqft | AED 568KAED 567,888 · Jun 2020June 2020 | 45,121 /yr | |
| 524 | 2-bed | 976 sqft | AED 670KAED 670,000 · Sep 2019September 2019 | 80,000 /yr | |
| 525 | 2-bed | 1,041 sqft | AED 1.15MAED 1,150,000 · Jun 2025June 2025 | 59,400 /yr | |
| 526 | 2-bed | 905 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | ||
| 527 | 3-bed | 1,340 sqft | AED 1.66MAED 1,660,000 · Feb 2026February 2026 | 97,125 /yr |
501, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 20 July 2016 for AED 877,888, or AED 937 per sqft.
- Rented since June 2019 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2021 and recovered to AED 75,000 by August 2025.
- At AED 75,000 a year the gross yield on the 2016 price is 8.5%.
- 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 14 August 2025.
Questions about 501, Safi Apartments 1B
What did unit 501 last sell for?
AED 877,888 on 20 July 2016, sold by the developer: AED 937 per sqft for 937 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 75,000 a year on the contract signed on 14 August 2025. The previous contract, from June 2024, was AED 56,000; the unit has been rented since June 2019.
How big is unit 501?
937 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 501 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.
Selling 501? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 501, Safi Apartments 1B
Starts from the last sale price (AED 878K, 20 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 877,888
- Deposit, UAE resident (20%)
- AED 175,578
- Deposit, non-resident (40%)
- AED 351,155
- Monthly over 25 years at 3.7%
- AED 3,592
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →