3-bed · 1,408 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

508, Safi Apartments 1B

Sold prices and rental history: sold twice, last in May 2025, 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 508 · DLD and Ejari recordsUpdated 13 May 2025

Last soldAED 1.59M13 May 2025

Current rentAED 86K /yr1 July 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 508, Safi Apartments 1B

Today

What is 508 worth today?

Last sold for AED 1,590,000 in 2025

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13 May 2025

13 May 2025SoldReady

AED 1,590,000AED 1,129 per sqft

1 Jul 2024

1 Jul 2024RentedRenewal

AED 86,250/yr12 months · AED 61 per sqft

1 Jul 2023

1 Jul 2023RentedRenewal

AED 75,000/yr12 months · AED 53 per sqft

1 Jul 2022

1 Jul 2022RentedRenewal

AED 75,000/yr12 months · AED 53 per sqft

1 Jul 2021

1 Jul 2021RentedRenewal

AED 72,000/yr12 months · AED 51 per sqft

1 Jul 2020

1 Jul 2020RentedRenewal

AED 72,000/yr12 months · AED 51 per sqft

1 Jul 2019

1 Jul 2019RentedNew contract

AED 75,000/yr12 months · AED 53 per sqft

1 Aug 2016

1 Aug 2016Sold by developerOff-plan

AED 1,195,888AED 849 per sqft

Source: Dubai Land Department. Updated 13 May 2025.

Key facts

Type: 3-bed apartment
Size: 1,408 sqft
Floor: 5th of 7
Parking: P-431,P-344
Developer: Nshmi Development
Completed: 2018
Last sold: AED 1.59M · May 2025
Building: Safi Apartments 1B

About 508, Safi Apartments 1B

508 is a three-bedroom apartment of 1,408 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 13 May 2025 for AED 1,590,000, or AED 1,129 per sqft, 8% above the AED 1,050 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 86,250 a year: a gross yield of 5.4% on the 2025 price.

Sales and rents for 508 over time

Sales

Unit 508, each saleTypical three-bed in Safi Apartments 1B

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

Rents

Unit 508, 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 508 sits

All 37 3-beds →

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

508 last sold in May 2025 at AED 1,129 per sqft, 8% above what three-beds in Safi Apartments 1B were fetching at the time (AED 1,050). 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. 508's AED 86,250 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
9 Apr 20259 April 2025	2,593 sqft	1,980,000	763

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 5th floor

All 181 units in Safi Apartments 1B


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
507	1-bed	596 sqft	AED 559KAED 558,888 · May 2016May 2016	50,000 /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

1–7 of 26

508, Safi Apartments 1B in numbers

Sold twice: first on 1 August 2016 for AED 1,195,888, last on 13 May 2025 for AED 1,590,000 (AED 1,129 per sqft).
Rented since July 2019 on 6 Ejari contracts, from AED 75,000 to AED 86,250 a year.
At AED 86,250 a year the gross yield on the 2025 price is 5.4%.
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 13 May 2025.

Questions about 508, Safi Apartments 1B

What did unit 508 last sell for?

AED 1,590,000 on 13 May 2025: AED 1,129 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 1,195,888 in August 2016.

What is the rent for unit 508?

AED 86,250 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 75,000; the unit has been rented since July 2019.

How big is unit 508?

1,408 sqft (130.8 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 508 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 508, Safi Apartments 1B

Starts from the last sale price (AED 1.59M, 13 May 2025). Switch to today's estimate once you have unlocked it.

Price: AED 1,590,000
Deposit, UAE resident (20%): AED 318,000
Deposit, non-resident (40%): AED 636,000
Monthly over 25 years at 3.7%: AED 6,505

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