2-bed · 883 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

510, 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.

Unit 510 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 798K12 May 2016
Current rentAED 76K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Safi Apartments 1B

What is 510 worth today?

Last sold for AED 797,888 in 2016

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20 Nov 2025RentedRenewal
AED 76,000/yr12 months · AED 86 per sqft
20 Nov 2024RentedRenewal
AED 61,215/yr12 months · AED 69 per sqft
20 Nov 2023RentedRenewal
AED 55,650/yr12 months · AED 63 per sqft
20 Nov 2022RentedNew contract
AED 53,000/yr12 months · AED 60 per sqft
10 Sep 2021RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft
26 May 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
12 May 2016Sold by developerOff-plan
AED 797,888AED 903 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
5th of 7
Parking
P-380
Developer
Nshmi Development
Completed
2018
Last sold
AED 798K · May 2016

About 510, Safi Apartments 1B

510 is a two-bedroom apartment of 883 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 12 May 2016 for AED 797,888, or AED 903 per sqft, 3% above the AED 874 two-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 20 November 2025, is AED 76,000 a year: a gross yield of 9.5% on the 2016 price.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M20152018202120242027Typical 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 903 per sqft)

510 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 510, 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, May 2019: AED 55,000 a yearNew contract, September 2021: AED 47,000 a yearNew contract, November 2022: AED 53,000 a yearRenewal, November 2023: AED 55,650 a yearRenewal, November 2024: AED 61,215 a yearRenewal, November 2025: AED 76,000 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 510 sits

All 67 2-beds →

510 last sold in May 2016 at AED 903 per sqft, 3% above what two-beds in Safi Apartments 1B were fetching at the time (AED 874). 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. 510's AED 76,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
4 Sep 20261,100,000
15 May 2026987,000
13 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

510, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 12 May 2016 for AED 797,888, or AED 903 per sqft.
  • Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 47,000 in 2021 and recovered to AED 76,000 by November 2025.
  • At AED 76,000 a year the gross yield on the 2016 price is 9.5%.
  • 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 20 November 2025.

Questions about 510, Safi Apartments 1B

What did unit 510 last sell for?

AED 797,888 on 12 May 2016, sold by the developer: AED 903 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 76,000 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 61,215; the unit has been rented since May 2019.

How big is unit 510?

883 sqft (82.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 510 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 510, Safi Apartments 1B

Starts from the last sale price (AED 798K, 12 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 797,888
Deposit, UAE resident (20%)
AED 159,578
Deposit, non-resident (40%)
AED 319,155
Monthly over 25 years at 3.7%
AED 3,264

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