2-bed · 905 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

526, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 526 · DLD and Ejari recordsUpdated 6 November 2024
Last soldAED 1.15M6 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 526, Safi Apartments 1B

What is 526 worth today?

Last sold for AED 1,150,000 in 2024

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6 Nov 2024SoldReady
AED 1,150,000AED 1,271 per sqft
29 Sep 2019SoldReady
AED 650,000AED 718 per sqft
10 May 2016Sold by developerOff-plan
AED 848,888AED 938 per sqft

Source: Dubai Land Department. Updated 6 November 2024.

Key facts

Type
2-bed apartment
Size
905 sqft
Floor
5th of 7
Parking
P-381, P-205
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.15M · November 2024

About 526, Safi Apartments 1B

526 is a two-bedroom apartment of 905 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 6 November 2024 for AED 1,150,000, or AED 1,271 per sqft, 44% above the AED 884 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 526 over time

Sales
Unit 526, 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 848,888 (AED 938 per sqft)Sold, September 2019: AED 650,000 (AED 718 per sqft)Sold, November 2024: AED 1,150,000 (AED 1,271 per sqft)

526 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 526, 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 80,000

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 526 sits

All 67 2-beds →

526 last sold in November 2024 at AED 1,271 per sqft, 44% above what two-beds in Safi Apartments 1B were fetching at the time (AED 884). 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.

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

526, Safi Apartments 1B in numbers

  • Sold 3 times: first on 10 May 2016 for AED 848,888, last on 6 November 2024 for AED 1,150,000 (AED 1,271 per sqft).
  • 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 6 November 2024.

Questions about 526, Safi Apartments 1B

What did unit 526 last sell for?

AED 1,150,000 on 6 November 2024: AED 1,271 per sqft for 905 sqft. The unit has 3 registered sales; the first was AED 848,888 in May 2016.

How big is unit 526?

905 sqft (84.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 526 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 526, Safi Apartments 1B

Starts from the last sale price (AED 1.15M, 6 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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