2-bed · 881 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

509, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in September 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 1.1M4 September 2026
Current rentAED 79K /yr7 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Safi Apartments 1B

What is 509 worth today?

Last sold for AED 1,100,000 in 2026

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4 Sep 2026SoldReady
AED 1,100,000AED 1,248 per sqft
7 Jun 2026RentedRenewal
AED 79,000/yr12 months · AED 90 per sqft
7 Jun 2025RentedNew contract
AED 79,000/yr12 months · AED 90 per sqft
27 Feb 2025SoldReady
AED 1,150,000AED 1,305 per sqft
15 Sep 2023RentedRenewal
AED 53,000/yr12 months · AED 61 per sqft
15 Sep 2022RentedRenewal
AED 48,400/yr12 months · AED 55 per sqft
15 Sep 2021RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
15 Sep 2020RentedRenewal
AED 42,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
5th of 7
Parking
P-379
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.1M · September 2026

About 509, Safi Apartments 1B

509 is a two-bedroom apartment of 881 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 4 September 2026 for AED 1,100,000, or AED 1,248 per sqft, in line with the AED 1,281 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 7 June 2026, is AED 79,000 a year: a gross yield of 7.2% on the 2026 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M2015201920232027Typical sale price by year: 2015 AED 813,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,160,000; 2026 AED 1,190,000Sold by developer, May 2016: AED 797,888 (AED 905 per sqft)Sold, February 2025: AED 1,150,000 (AED 1,305 per sqft)Sold, September 2026: AED 1,100,000 (AED 1,248 per sqft)

509 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,750; 2023 AED 55,220; 2024 AED 68,250; 2025 AED 78,750; 2026 AED 80,000New contract, September 2019: AED 50,000 a yearRenewal, September 2020: AED 42,000 a yearRenewal, September 2021: AED 44,000 a yearRenewal, September 2022: AED 48,400 a yearRenewal, September 2023: AED 53,000 a yearNew contract, June 2025: AED 79,000 a yearRenewal, June 2026: AED 79,000 a year

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 509 sits

All 67 2-beds →

509 last sold in September 2026 at AED 1,248 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,281). 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. 509's AED 79,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
15 May 2026987,000
13 Mar 20261,200,000
3 Mar 20261,200,000
10 2-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
Value
5012-bedAED 878K · Jul 2016
5023-bedAED 1.8M · May 2026
5031-bedAED 579K · May 2016
5041-bedAED 561K · May 2016
5051-bedAED 610K · May 2016
506StudioAED 427K · Jun 2016
5071-bedAED 559K · May 2016
1–7 of 26

509, Safi Apartments 1B in numbers

  • Sold 3 times: first on 31 May 2016 for AED 797,888, last on 4 September 2026 for AED 1,100,000 (AED 1,248 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2020 and recovered to AED 79,000 by June 2026.
  • At AED 79,000 a year the gross yield on the 2026 price is 7.2%.
  • 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 4 September 2026.

Questions about 509, Safi Apartments 1B

What did unit 509 last sell for?

AED 1,100,000 on 4 September 2026: AED 1,248 per sqft for 881 sqft. The unit has 3 registered sales; the first was AED 797,888 in May 2016.

What is the rent for unit 509?

AED 79,000 a year on the contract renewed on 7 June 2026. The previous contract, from June 2025, was AED 79,000; the unit has been rented since September 2019.

How big is unit 509?

881 sqft (81.8 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 509 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.

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Mortgage on 509, Safi Apartments 1B

Starts from the last sale price (AED 1.1M, 4 September 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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