504, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in May 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 504, Safi Apartments 1B
What is 504 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 5th of 7
- Parking
- G-304
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 561K · May 2016
- Building
- Safi Apartments 1B
About 504, Safi Apartments 1B
504 is a one-bedroom apartment of 614 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 25 May 2016 for AED 560,888, or AED 913 per sqft, in line with the AED 909 one-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 15 July 2026, is AED 39,000 a year: a gross yield of 7.0% on the 2016 price.
Sales and rents for 504 over time
504 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safi Apartments 1B, and where 504 sits
All 55 1-beds →504 last sold in May 2016 at AED 913 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 909). 504's AED 39,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Sep 202512 September 2025 | 596 sqft | 750,000 | 1,258 | ||
| 28 May 202528 May 2025 | 596 sqft | 705,000 | 1,183 | ||
| 12 Mar 202512 March 2025 | 628 sqft | 750,000 | 1,193 | ||
| 3 Feb 20253 February 2025 | 674 sqft | 725,000 | 1,075 |
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 | |
| 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 | |
| 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 |
504, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 25 May 2016 for AED 560,888, or AED 913 per sqft.
- Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 32,000 in 2021 and recovered to AED 39,000 by July 2026.
- At AED 39,000 a year the gross yield on the 2016 price is 7.0%.
Source: Dubai Land Department. Updated 15 July 2026.
Questions about 504, Safi Apartments 1B
What did unit 504 last sell for?
AED 560,888 on 25 May 2016, sold by the developer: AED 913 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 39,000 a year on the contract signed on 15 July 2026. The previous contract, from January 2026, was AED 48,980; the unit has been rented since September 2019.
How big is unit 504?
614 sqft (57.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 504 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 504, Safi Apartments 1B
Starts from the last sale price (AED 561K, 25 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 560,888
- Deposit, UAE resident (20%)
- AED 112,178
- Deposit, non-resident (40%)
- AED 224,355
- Monthly over 25 years at 3.7%
- AED 2,295
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →