2-bed · 931 sqftSafi Apartments 1A, Town Square · 3rd floor · completed 2018

304, Safi Apartments 1A

Sold prices and rental history: sold twice, last in April 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 826K19 April 2024
Current rentAED 95K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Safi Apartments 1A

What is 304 worth today?

Last sold for AED 826,000 in 2024

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1 Jun 2025RentedRenewal
AED 95,000/yr12 months · AED 101 per sqft
1 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
19 Apr 2024SoldReady
AED 826,000AED 887 per sqft
19 Oct 2015Sold by developerOff-plan
AED 749,888AED 805 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
3rd of 7
Parking
P-363
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 826K · April 2024

About 304, Safi Apartments 1A

304 is a two-bedroom apartment of 931 sqft on the 3rd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 19 April 2024 for AED 826,000, or AED 887 per sqft, in line with the AED 889 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 95,000 a year: a gross yield of 11.5% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,095,000; 2026 AED 1,050,000Sold by developer, October 2015: AED 749,888 (AED 805 per sqft)Sold, April 2024: AED 826,000 (AED 887 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in Safi Apartments 1A
50K75K100K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 70,000; 2025 AED 80,000; 2026 AED 74,000New contract, June 2024: AED 85,000 a yearRenewal, June 2025: AED 95,000 a year

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 1A, and where 304 sits

All 93 2-beds →

304 last sold in April 2024 at AED 887 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 889). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,172 per sqft, and rent for AED 68,250 to 90,000 a year. 304's AED 95,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20261,200,000
28 Jan 20261,050,000
23 Jan 20261,030,000
9 Jan 20261,000,000
8 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 10 sold in the last 12 months.

Typical price per sqft
AED 1,172 Up 5.8%
Typical sale
AED 1.14M
Typical rent
AED 72K /yr
Typical yield
7.2%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 3rd floor

All 156 units in Safi Apartments 1A
Value
3012-bedAED 824K · Oct 2015
3023-bedAED 1M · Sep 2020
3032-bedAED 880K · Jul 2024
3052-bedAED 650K · Jun 2021
3063-bedAED 1.4M · Feb 2025
3072-bedAED 650K · May 2021
3082-bedAED 840K · May 2023
1–7 of 22

304, Safi Apartments 1A in numbers

  • Sold twice: first on 19 October 2015 for AED 749,888, last on 19 April 2024 for AED 826,000 (AED 887 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, from AED 85,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 11.5%, before a service charge of about AED 14,200 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 304, Safi Apartments 1A

What did unit 304 last sell for?

AED 826,000 on 19 April 2024: AED 887 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 749,888 in October 2015.

What is the rent for unit 304?

AED 95,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 85,000.

How big is unit 304?

931 sqft (86.5 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 304 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 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 304, Safi Apartments 1A

Starts from the last sale price (AED 826K, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 826,000
Deposit, UAE resident (20%)
AED 165,200
Deposit, non-resident (40%)
AED 330,400
Monthly over 25 years at 3.7%
AED 3,379

Plus AED 39,702 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →