502, Safi Apartments 1B
Sold prices and rental history: sold 3 times, last in May 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Safi Apartments 1B
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,419 sqft
- Floor
- 5th of 7
- Parking
- P-430
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.8M · May 2026
- Building
- Safi Apartments 1B
About 502, Safi Apartments 1B
502 is a three-bedroom apartment of 1,419 sqft on the 5th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 6 May 2026 for AED 1,800,000, or AED 1,268 per sqft, 7% above the AED 1,184 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 125,000 a year: a gross yield of 6.9% on the 2026 price.
Sales and rents for 502 over time
502 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 502 sits
All 37 3-beds →502 last sold in May 2026 at AED 1,268 per sqft, 7% above what three-beds in Safi Apartments 1B were fetching at the time (AED 1,184). 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. 502's AED 125,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 9 Apr 20259 April 2025 | 2,593 sqft | 1,980,000 | 763 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 937 sqft | AED 878KAED 877,888 · Jul 2016July 2016 | 75,000 /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 |
502, Safi Apartments 1B in numbers
- Sold 3 times: first on 23 October 2017 for AED 1,362,888, last on 6 May 2026 for AED 1,800,000 (AED 1,268 per sqft).
- Rented since July 2020 on 9 Ejari contracts, from AED 63,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2026 price is 6.9%.
- 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 1 July 2026.
Questions about 502, Safi Apartments 1B
What did unit 502 last sell for?
AED 1,800,000 on 6 May 2026: AED 1,268 per sqft for 1,419 sqft. The unit has 3 registered sales; the first was AED 1,362,888 in October 2017.
What is the rent for unit 502?
AED 125,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 125,000; the unit has been rented since July 2020.
How big is unit 502?
1,419 sqft (131.8 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 502 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 502, Safi Apartments 1B
Starts from the last sale price (AED 1.8M, 6 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →