1-bed · 633 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

520, Safi Apartments 1B

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

Unit 520 · DLD and Ejari recordsUpdated 4 October 2026
Last soldAED 584K23 May 2016
Current rentAED 63K /yr4 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 520, Safi Apartments 1B

What is 520 worth today?

Last sold for AED 583,888 in 2016

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4 Oct 2026RentedNew contract
AED 62,500/yr12 months · AED 98 per sqft
1 Jan 2020RentedNew contract
AED 36,000/yr12 months · AED 57 per sqft
23 May 2016Sold by developerOff-plan
AED 583,888AED 921 per sqft

Source: Dubai Land Department. Updated 4 October 2026.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
5th of 7
Parking
G-260
Developer
Nshmi Development
Completed
2018
Last sold
AED 584K · May 2016

About 520, Safi Apartments 1B

520 is a one-bedroom apartment of 633 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 23 May 2016 for AED 583,888, or AED 921 per sqft, in line with the AED 907 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 4 October 2026, is AED 62,500 a year: a gross yield of 10.7% on the 2016 price.

Sales and rents for 520 over time

Sales
Unit 520, 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, May 2016: AED 583,888 (AED 921 per sqft)

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

Rents
Unit 520, 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, January 2020: AED 36,000 a yearNew contract, October 2026: AED 62,500 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 520 sits

All 55 1-beds →

520 last sold in May 2016 at AED 921 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 907). 520's AED 62,500 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

520, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 23 May 2016 for AED 583,888, or AED 921 per sqft.
  • Rented since January 2020 on 2 Ejari contracts, from AED 36,000 to AED 62,500 a year.
  • At AED 62,500 a year the gross yield on the 2016 price is 10.7%.

Source: Dubai Land Department. Updated 4 October 2026.

Questions about 520, Safi Apartments 1B

What did unit 520 last sell for?

AED 583,888 on 23 May 2016, sold by the developer: AED 921 per sqft for 633 sqft. It is the only registered sale of the unit.

What is the rent for unit 520?

AED 62,500 a year on the contract signed on 4 October 2026. The previous contract, from January 2020, was AED 36,000.

How big is unit 520?

633 sqft (58.8 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 520 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 520, Safi Apartments 1B

Starts from the last sale price (AED 584K, 23 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 583,888
Deposit, UAE resident (20%)
AED 116,778
Deposit, non-resident (40%)
AED 233,555
Monthly over 25 years at 3.7%
AED 2,389

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