507, 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 507, Safi Apartments 1B
What is 507 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 596 sqft
- Floor
- 5th of 7
- Parking
- G-301
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 559K · May 2016
- Building
- Safi Apartments 1B
About 507, Safi Apartments 1B
507 is a one-bedroom apartment of 596 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 11 May 2016 for AED 558,888, or AED 937 per sqft, 4% above the AED 904 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 50,000 a year: a gross yield of 8.9% on the 2016 price.
Sales and rents for 507 over time
507 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 507 sits
All 55 1-beds →507 last sold in May 2016 at AED 937 per sqft, 4% above what one-beds in Safi Apartments 1B were fetching at the time (AED 904). 507's AED 50,000 is in the lower half 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 | |
| 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 | |
| 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 |
507, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 11 May 2016 for AED 558,888, or AED 937 per sqft.
- Rented since November 2019 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 30,000 in 2021 and recovered to AED 50,000 by October 2026.
- At AED 50,000 a year the gross yield on the 2016 price is 8.9%.
Source: Dubai Land Department. Updated 1 October 2026.
Questions about 507, Safi Apartments 1B
What did unit 507 last sell for?
AED 558,888 on 11 May 2016, sold by the developer: AED 937 per sqft for 596 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 50,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since November 2019.
How big is unit 507?
596 sqft (55.4 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 507 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 507, Safi Apartments 1B
Starts from the last sale price (AED 559K, 11 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 558,888
- Deposit, UAE resident (20%)
- AED 111,778
- Deposit, non-resident (40%)
- AED 223,555
- Monthly over 25 years at 3.7%
- AED 2,287
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →