3-bed · 1,419 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

521, Safi Apartments 1B

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

Unit 521 · DLD and Ejari recordsUpdated 5 October 2026
Last soldAED 1.03M19 July 2020
Current rentAED 115K /yr5 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 521, Safi Apartments 1B

What is 521 worth today?

Last sold for AED 1,030,888 in 2020

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5 Oct 2026RentedNew contract
AED 115,000/yr12 months · AED 81 per sqft
10 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 85 per sqft
4 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 63 per sqft
4 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
4 Sep 2022RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
3 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 55,000/yr12 months · AED 39 per sqft
19 Jul 2020Sold by developerReady
AED 1,030,888AED 726 per sqft

Source: Dubai Land Department. Updated 5 October 2026.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
5th of 7
Parking
P-447
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.03M · July 2020

About 521, Safi Apartments 1B

521 is a three-bedroom apartment of 1,419 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 July 2020 for AED 1,030,888, or AED 726 per sqft, in line with the AED 718 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 5 October 2026, is AED 115,000 a year: a gross yield of 11.2% on the 2020 price.

Sales and rents for 521 over time

Sales
Unit 521, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,341,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,150,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, July 2020: AED 1,030,888 (AED 726 per sqft)

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

Rents
Unit 521, each contractTypical three-bed in Safi Apartments 1B
50K100K201920222025Typical rent by year: 2019 AED 75,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 74,775; 2023 AED 84,500; 2024 AED 108,000; 2025 AED 120,000; 2026 AED 125,000New contract, September 2020: AED 55,000 a yearNew contract, September 2021: AED 70,000 a yearNew contract, September 2022: AED 85,000 a yearRenewal, September 2023: AED 85,000 a yearRenewal, September 2024: AED 90,000 a yearNew contract, October 2025: AED 120,000 a yearNew contract, October 2026: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Safi Apartments 1B, and where 521 sits

All 37 3-beds →

521 last sold in July 2020 at AED 726 per sqft, in line with what three-beds in Safi Apartments 1B were fetching at the time (AED 718). Over the last 12 months three-beds sold for AED 1,660,000 to 1,800,000, around AED 1,253 per sqft, and rent for AED 114,000 to 220,000 a year. 521's AED 115,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20261,800,000
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
2 3-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

521, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 19 July 2020 for AED 1,030,888, or AED 726 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 55,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2020 price is 11.2%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,800,000 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 5 October 2026.

Questions about 521, Safi Apartments 1B

What did unit 521 last sell for?

AED 1,030,888 on 19 July 2020, sold by the developer: AED 726 per sqft for 1,419 sqft. It is the only registered sale of the unit.

What is the rent for unit 521?

AED 115,000 a year on the contract signed on 5 October 2026. The previous contract, from October 2025, was AED 120,000; the unit has been rented since September 2020.

How big is unit 521?

1,419 sqft (131.8 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 521 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1B sold for AED 1,660,000 to 1,800,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 521, Safi Apartments 1B

Starts from the last sale price (AED 1.03M, 19 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,888
Deposit, UAE resident (20%)
AED 206,178
Deposit, non-resident (40%)
AED 412,355
Monthly over 25 years at 3.7%
AED 4,218

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