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1-bed · 628 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

511, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 557K19 June 2016
Current rentAED 55K /yr2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, Safi Apartments 1B

What is 511 worth today?

Last sold for AED 556,888 in 2016

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2 Nov 2026RentedRenewal
AED 55,000/yr12 months · AED 88 per sqft
2 Nov 2025RentedNew contract
AED 52,000/yr12 months · AED 83 per sqft
2 Nov 2024RentedRenewal
AED 47,408/yr12 months · AED 76 per sqft
2 Nov 2023RentedRenewal
AED 45,150/yr12 months · AED 72 per sqft
2 Nov 2022RentedNew contract
AED 43,000/yr12 months · AED 69 per sqft
1 Oct 2021RentedRenewal
AED 34,000/yr12 months · AED 54 per sqft
1 Oct 2020RentedRenewal
AED 34,000/yr12 months · AED 54 per sqft
1 Oct 2019RentedNew contract
AED 37,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 2 November 2026.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
5th of 7
Parking
G-302
Developer
Nshmi Development
Completed
2018
Last sold
AED 557K · June 2016
Building
Safi Apartments 1B

About 511, Safi Apartments 1B

511 is a one-bedroom apartment of 628 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 19 June 2016 for AED 556,888, or AED 887 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 8 Ejari contracts. The current contract, renewed on 2 November 2026, is AED 55,000 a year: a gross yield of 9.9% on the 2016 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, June 2016: AED 556,888 (AED 887 per sqft)

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

Rents
Unit 511, each contractTypical one-bed in Safi Apartments 1B
40K60K201920222025Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, October 2019: AED 37,000 a yearRenewal, October 2020: AED 34,000 a yearRenewal, October 2021: AED 34,000 a yearNew contract, November 2022: AED 43,000 a yearRenewal, November 2023: AED 45,150 a yearRenewal, November 2024: AED 47,408 a yearNew contract, November 2025: AED 52,000 a yearRenewal, November 2026: AED 55,000 a year

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 511 sits

All 55 1-beds →

511 last sold in June 2016 at AED 887 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 909). 511's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-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

511, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 19 June 2016 for AED 556,888, or AED 887 per sqft.
  • Rented since October 2019 on 8 Ejari contracts, from AED 37,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 9.9%.

Source: Dubai Land Department. Updated 2 November 2026.

Questions about 511, Safi Apartments 1B

What did unit 511 last sell for?

AED 556,888 on 19 June 2016, sold by the developer: AED 887 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 55,000 a year on the contract renewed on 2 November 2026. The previous contract, from November 2025, was AED 52,000; the unit has been rented since October 2019.

How big is unit 511?

628 sqft (58.3 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 511 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 511, Safi Apartments 1B

Starts from the last sale price (AED 557K, 19 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 556,888
Deposit, UAE resident (20%)
AED 111,378
Deposit, non-resident (40%)
AED 222,755
Monthly over 25 years at 3.7%
AED 2,278

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