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

513, Safi Apartments 1B

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.1M20 March 2025
Current rentAED 58K /yr17 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Safi Apartments 1B

What is 513 worth today?

Last sold for AED 1,100,000 in 2025

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20 Mar 2025SoldReady
AED 1,100,000AED 1,246 per sqft
17 Jan 2024RentedRenewal
AED 57,750/yr12 months · AED 65 per sqft
17 Jan 2023RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
17 Jan 2022RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
14 Jan 2021RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
26 Aug 2019RentedNew contract
AED 49,400/yr12 months · AED 56 per sqft
19 May 2016Sold by developerOff-plan
AED 767,888AED 869 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
5th of 7
Parking
P-398
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.1M · March 2025

About 513, Safi Apartments 1B

513 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. It last sold on 20 March 2025 for AED 1,100,000, or AED 1,246 per sqft, in line with the AED 1,250 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 17 January 2024, is AED 57,750 a year: a gross yield of 5.3% on the 2025 price.

Sales and rents for 513 over time

Sales
Unit 513, 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 767,888 (AED 869 per sqft)Sold, March 2025: AED 1,100,000 (AED 1,246 per sqft)

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

Rents
Unit 513, 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, August 2019: AED 49,400 a yearNew contract, January 2021: AED 42,000 a yearNew contract, January 2022: AED 50,000 a yearRenewal, January 2023: AED 55,000 a yearRenewal, January 2024: AED 57,750 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 513 sits

All 67 2-beds →

513 last sold in March 2025 at AED 1,246 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,250). 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. 513's AED 57,750 is at the bottom 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

513, Safi Apartments 1B in numbers

  • Sold twice: first on 19 May 2016 for AED 767,888, last on 20 March 2025 for AED 1,100,000 (AED 1,246 per sqft).
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 49,400 to AED 42,000 in 2021 and recovered to AED 57,750 by January 2024.
  • At AED 57,750 a year the gross yield on the 2025 price is 5.3%.
  • 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 March 2025.

Questions about 513, Safi Apartments 1B

What did unit 513 last sell for?

AED 1,100,000 on 20 March 2025: AED 1,246 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 767,888 in May 2016.

What is the rent for unit 513?

AED 57,750 a year on the contract renewed on 17 January 2024. The previous contract, from January 2023, was AED 55,000; the unit has been rented since August 2019.

How big is unit 513?

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

What is unit 513 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 513, Safi Apartments 1B

Starts from the last sale price (AED 1.1M, 20 March 2025). 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 →