1-bed · 624 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

519, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519 · DLD and Ejari recordsUpdated 31 March 2026
Last soldAED 575K2 June 2016
Current rentAED 73K /yr31 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 519, Safi Apartments 1B

What is 519 worth today?

Last sold for AED 574,888 in 2016

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31 Mar 2026RentedRenewal
AED 73,000/yr12 months · AED 117 per sqft
5 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
1 Jan 2021RentedRenewal
AED 36,000/yr12 months · AED 58 per sqft
1 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
2 Jun 2016Sold by developerOff-plan
AED 574,888AED 936 per sqft

Source: Dubai Land Department. Updated 31 March 2026.

Key facts

Type
1-bed apartment
Size
624 sqft
Floor
5th of 7
Parking
G-261
Developer
Nshmi Development
Completed
2018
Last sold
AED 575K · June 2016

About 519, Safi Apartments 1B

519 is a one-bedroom apartment of 624 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 2 June 2016 for AED 574,888, or AED 936 per sqft, in line with the AED 909 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 31 March 2026, is AED 73,000 a year: a gross yield of 12.7% on the 2016 price.

Sales and rents for 519 over time

Sales
Unit 519, 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 574,888 (AED 936 per sqft)

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

Rents
Unit 519, each contractTypical one-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical 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, January 2020: AED 40,000 a yearRenewal, January 2021: AED 36,000 a yearNew contract, September 2021: AED 35,000 a yearRenewal, March 2026: AED 73,000 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 519 sits

All 55 1-beds →

519 last sold in June 2016 at AED 936 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 909). 519's AED 73,000 is in the upper 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

519, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 2 June 2016 for AED 574,888, or AED 936 per sqft.
  • Rented since January 2020 on 4 Ejari contracts. The rent fell from AED 40,000 to AED 35,000 in 2021 and recovered to AED 73,000 by March 2026.
  • At AED 73,000 a year the gross yield on the 2016 price is 12.7%.

Source: Dubai Land Department. Updated 31 March 2026.

Questions about 519, Safi Apartments 1B

What did unit 519 last sell for?

AED 574,888 on 2 June 2016, sold by the developer: AED 936 per sqft for 624 sqft. It is the only registered sale of the unit.

What is the rent for unit 519?

AED 73,000 a year on the contract renewed on 31 March 2026. The previous contract, from September 2021, was AED 35,000; the unit has been rented since January 2020.

How big is unit 519?

624 sqft (58.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 519 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 519, Safi Apartments 1B

Starts from the last sale price (AED 575K, 2 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 574,888
Deposit, UAE resident (20%)
AED 114,978
Deposit, non-resident (40%)
AED 229,955
Monthly over 25 years at 3.7%
AED 2,352

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