2-bed · 976 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

524, Safi Apartments 1B

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 524 · DLD and Ejari recordsUpdated 30 September 2026

Last soldAED 670K12 September 2019

Current rentAED 80K /yr30 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 524, Safi Apartments 1B

Today

What is 524 worth today?

Last sold for AED 670,000 in 2019

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30 Sep 2026

30 Sep 2026RentedNew contract

AED 80,000/yr12 months · AED 82 per sqft

15 Oct 2025

15 Oct 2025RentedRenewal

AED 65,000/yr12 months · AED 67 per sqft

15 Oct 2024

15 Oct 2024RentedRenewal

AED 60,500/yr12 months · AED 62 per sqft

15 Oct 2023

15 Oct 2023RentedNew contract

AED 55,000/yr12 months · AED 56 per sqft

15 Oct 2022

15 Oct 2022RentedRenewal

AED 50,000/yr12 months · AED 52 per sqft

15 Oct 2021

15 Oct 2021RentedNew contract

AED 48,000/yr12 months · AED 49 per sqft

12 Sep 2019

12 Sep 2019SoldReady

AED 670,000AED 686 per sqft

10 May 2016

10 May 2016Sold by developerOff-plan

AED 859,888AED 880 per sqft

Source: Dubai Land Department. Updated 30 September 2026.

Key facts

Type: 2-bed apartment
Size: 976 sqft
Floor: 5th of 7
Parking: P-230
Developer: Nshmi Development
Completed: 2018
Last sold: AED 670K · September 2019
Building: Safi Apartments 1B

About 524, Safi Apartments 1B

524 is a two-bedroom apartment of 976 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 12 September 2019 for AED 670,000, or AED 686 per sqft, 25% below the AED 916 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 30 September 2026, is AED 80,000 a year: a gross yield of 11.9% on the 2019 price.

Sales and rents for 524 over time

Sales

Unit 524, each saleTypical two-bed in Safi Apartments 1B

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

Rents

Unit 524, each contractTypical two-bed in Safi Apartments 1B

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 524 sits

All 67 2-beds →

2-beds in Safi Apartments 1B · last 12 months1,276 /sqft Safi Apartments 1B · all types1,276 /sqft

524 last sold in September 2019 at AED 686 per sqft, 25% below what two-beds in Safi Apartments 1B were fetching at the time (AED 916). 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. 524's AED 80,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
22 Oct 202622 October 2026	937 sqft	1,030,000	1,099
4 Sep 20264 September 2026	881 sqft	1,100,000	1,248
15 May 202615 May 2026	937 sqft	987,000	1,053
13 Mar 202613 March 2026	937 sqft	1,200,000	1,281

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


501	2-bed	937 sqft	AED 878KAED 877,888 · Jul 2016July 2016	75,000 /yr
502	3-bed	1,419 sqft	AED 1.8MAED 1,800,000 · May 2026May 2026	125,000 /yr
503	1-bed	633 sqft	AED 579KAED 578,888 · May 2016May 2016	65,000 /yr
504	1-bed	614 sqft	AED 561KAED 560,888 · May 2016May 2016	39,000 /yr
505	1-bed	674 sqft	AED 610KAED 609,888 · May 2016May 2016	70,000 /yr
506	Studio	319 sqft	AED 427KAED 426,888 · Jun 2016June 2016	40,000 /yr
507	1-bed	596 sqft	AED 559KAED 558,888 · May 2016May 2016	50,000 /yr
508	3-bed	1,408 sqft	AED 1.59MAED 1,590,000 · May 2025May 2025	86,250 /yr
509	2-bed	881 sqft	AED 1.1MAED 1,100,000 · Sep 2026September 2026	79,000 /yr
510	2-bed	883 sqft	AED 798KAED 797,888 · May 2016May 2016	76,000 /yr
511	1-bed	628 sqft	AED 557KAED 556,888 · Jun 2016June 2016	55,000 /yr
512	1-bed	628 sqft	AED 613KAED 612,888 · Jul 2016July 2016	62,000 /yr
513	2-bed	883 sqft	AED 1.1MAED 1,100,000 · Mar 2025March 2025	57,750 /yr
514	2-bed	881 sqft	AED 690KAED 690,000 · Dec 2021December 2021	50,000 /yr
515	3-bed	1,408 sqft	AED 1.15MAED 1,150,000 · Apr 2023April 2023	70,000 /yr
516	1-bed	596 sqft	AED 575KAED 574,888 · Jun 2016June 2016	54,575 /yr
517	Studio	319 sqft	AED 355KAED 354,888 · Mar 2016March 2016	36,000 /yr
518	1-bed	674 sqft	AED 597KAED 596,888 · May 2016May 2016	64,000 /yr
519	1-bed	624 sqft	AED 575KAED 574,888 · Jun 2016June 2016	73,000 /yr
520	1-bed	633 sqft	AED 584KAED 583,888 · May 2016May 2016	62,500 /yr
521	3-bed	1,419 sqft	AED 1.03MAED 1,030,888 · Jul 2020July 2020	115,000 /yr
522	2-bed	937 sqft	AED 878KAED 877,888 · Jul 2016July 2016	78,000 /yr
523	1-bed	573 sqft	AED 568KAED 567,888 · Jun 2020June 2020	45,121 /yr
525	2-bed	1,041 sqft	AED 1.15MAED 1,150,000 · Jun 2025June 2025	59,400 /yr
526	2-bed	905 sqft	AED 1.15MAED 1,150,000 · Nov 2024November 2024
527	3-bed	1,340 sqft	AED 1.66MAED 1,660,000 · Feb 2026February 2026	97,125 /yr

1–7 of 26

524, Safi Apartments 1B in numbers

Sold twice: first on 10 May 2016 for AED 859,888, last on 12 September 2019 for AED 670,000 (AED 686 per sqft).
Rented since October 2021 on 6 Ejari contracts, from AED 48,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2019 price is 11.9%.
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 30 September 2026.

Questions about 524, Safi Apartments 1B

What did unit 524 last sell for?

AED 670,000 on 12 September 2019: AED 686 per sqft for 976 sqft. The unit has 2 registered sales; the first was AED 859,888 in May 2016.

What is the rent for unit 524?

AED 80,000 a year on the contract signed on 30 September 2026. The previous contract, from October 2025, was AED 65,000; the unit has been rented since October 2021.

How big is unit 524?

976 sqft (90.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 524 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 524, Safi Apartments 1B

Starts from the last sale price (AED 670K, 12 September 2019). Switch to today's estimate once you have unlocked it.

Price: AED 670,000
Deposit, UAE resident (20%): AED 134,000
Deposit, non-resident (40%): AED 268,000
Monthly over 25 years at 3.7%: AED 2,741

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