405, Safi Apartments 1A
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Safi Apartments 1A
What is 405 worth today?
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Source: Dubai Land Department. Updated 15 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 882 sqft
- Floor
- 4th of 7
- Parking
- P-236
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 13,500 /yr
- Last sold
- AED 729K · September 2015
- Building
- Safi Apartments 1A
About 405, Safi Apartments 1A
405 is a two-bedroom apartment of 882 sqft on the 4th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 15 September 2015 for AED 728,888, or AED 826 per sqft, 6% below the AED 877 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 80,000 a year: a gross yield of 11.0% on the 2015 price, before the service charge of about AED 13,500 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 93 2-beds →405 last sold in September 2015 at AED 826 per sqft, 6% below what two-beds in Safi Apartments 1A were fetching at the time (AED 877). 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. 405's AED 80,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 937 sqft | 1,200,000 | 1,281 | ||
| 28 Jan 202628 January 2026 | 882 sqft | 1,050,000 | 1,190 | ||
| 23 Jan 202623 January 2026 | 931 sqft | 1,030,000 | 1,106 | ||
| 9 Jan 20269 January 2026 | 937 sqft | 1,000,000 | 1,067 |
Safi Apartments 1A
Building156 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%
Other units on the 4th floor
All 156 units in Safi Apartments 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 937 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 50,000 /yr | |
| 402 | 3-bed | 1,419 sqft | AED 1.77MAED 1,765,000 · Feb 2026February 2026 | ||
| 403 | 2-bed | 964 sqft | AED 742KAED 741,888 · Oct 2015October 2015 | ||
| 404 | 2-bed | 931 sqft | AED 746KAED 745,888 · Oct 2015October 2015 | 80,083 /yr | |
| 406 | 3-bed | 1,408 sqft | AED 1.01MAED 1,010,888 · Jul 2020July 2020 | 125,000 /yr | |
| 407 | 2-bed | 881 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 70,000 /yr | |
| 408 | 2-bed | 883 sqft | AED 910KAED 910,000 · Sep 2024September 2024 | 70,000 /yr | |
| 409 | 1-bed | 691 sqft | AED 700KAED 700,000 · Apr 2025April 2025 | 50,000 /yr | |
| 410 | 1-bed | 692 sqft | AED 875KAED 875,000 · May 2025May 2025 | 37,500 /yr | |
| 411 | 2-bed | 883 sqft | AED 750KAED 750,000 · Jan 2023January 2023 | 82,000 /yr | |
| 412 | 881 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 75,000 /yr | ||
| 413 | 3-bed | 1,408 sqft | AED 1.19MAED 1,186,888 · Oct 2015October 2015 | 125,000 /yr | |
| 414 | 2-bed | 882 sqft | AED 975KAED 975,000 · Oct 2024October 2024 | 75,000 /yr | |
| 415 | 2-bed | 931 sqft | AED 1.08MAED 1,075,000 · Dec 2025December 2025 | 72,194 /yr | |
| 416 | 2-bed | 964 sqft | AED 757KAED 756,888 · Oct 2015October 2015 | 80,000 /yr | |
| 417 | 3-bed | 1,419 sqft | AED 1.4MAED 1,400,000 · Jan 2024January 2024 | 33,000 /yr | |
| 418 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 419 | 1-bed | 573 sqft | AED 526KAED 525,888 · Sep 2015September 2015 | 60,000 /yr | |
| 420 | 2-bed | 977 sqft | AED 816KAED 815,888 · Oct 2015October 2015 | 80,000 /yr | |
| 421 | 2-bed | 1,040 sqft | AED 750KAED 750,000 · Nov 2019November 2019 | 90,000 /yr | |
| 422 | 2-bed | 905 sqft | AED 700KAED 700,000 · Jun 2019June 2019 | 80,000 /yr | |
| 423 | 3-bed | 1,340 sqft | AED 1.13MAED 1,132,888 · Oct 2015October 2015 | 72,765 /yr |
405, Safi Apartments 1A in numbers
- Sold once: by Nshmi Development on 15 September 2015 for AED 728,888, or AED 826 per sqft.
- Rented since August 2020 on 5 Ejari contracts, from AED 40,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 13,500 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 15 August 2025.
Questions about 405, Safi Apartments 1A
What did unit 405 last sell for?
AED 728,888 on 15 September 2015, sold by the developer: AED 826 per sqft for 882 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 80,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 80,000; the unit has been rented since August 2020.
How big is unit 405?
882 sqft (81.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 405 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 405, Safi Apartments 1A
Starts from the last sale price (AED 729K, 15 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 728,888
- Deposit, UAE resident (20%)
- AED 145,778
- Deposit, non-resident (40%)
- AED 291,555
- Monthly over 25 years at 3.7%
- AED 2,982
Plus AED 35,624 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →