1-bed · 628 sqftSafi Apartments 1A, Town Square · 5th floor · completed 2018

509, Safi Apartments 1A

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 509 · DLD and Ejari recordsUpdated 23 November 2023

Last soldAED 650K23 November 2023

Current rentAED 30K /yr31 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 509, Safi Apartments 1A

Today

What is 509 worth today?

Last sold for AED 650,000 in 2023

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23 Nov 2023

23 Nov 2023SoldReady

AED 650,000AED 1,034 per sqft

31 Aug 2022

31 Aug 2022RentedRenewal

AED 30,000/yr12 months · AED 48 per sqft

31 Aug 2021

31 Aug 2021RentedNew contract

AED 30,000/yr12 months · AED 48 per sqft

1 Sep 2020

1 Sep 2020RentedNew contract

AED 32,000/yr12 months · AED 51 per sqft

1 Aug 2019

1 Aug 2019RentedNew contract

AED 38,000/yr12 months · AED 61 per sqft

14 Sep 2015

14 Sep 2015Sold by developerOff-plan

AED 564,888AED 899 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type: 1-bed apartment
Size: 628 sqft
Floor: 5th of 7
Parking: G-264
Developer: Nshmi Development
Completed: 2018
Service charge: AED 9,600 /yr
Last sold: AED 650K · November 2023
Building: Safi Apartments 1A

About 509, Safi Apartments 1A

509 is a one-bedroom apartment of 628 sqft on the 5th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 23 November 2023 for AED 650,000, or AED 1,034 per sqft, 13% above the AED 916 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 August 2022, is AED 30,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 509 over time

Sales

Unit 509, each saleTypical one-bed in Safi Apartments 1A

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

Rents

Unit 509, each contractTypical one-bed in Safi Apartments 1A

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

1-beds in Safi Apartments 1A, and where 509 sits

All 14 1-beds →

1-beds in Safi Apartments 1A · last 12 months1,093 /sqft Safi Apartments 1A · all types1,172 /sqft

509 last sold in November 2023 at AED 1,034 per sqft, 13% above what one-beds in Safi Apartments 1A were fetching at the time (AED 916). Over the last 12 months one-beds sold for AED 750,000, around AED 1,093 per sqft, and rent for AED 47,335 to 60,000 a year. 509's AED 30,000 is at the bottom of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
11 Jun 202511 June 2025	687 sqft	828,000	1,205
20 May 202520 May 2025	692 sqft	875,000	1,264
21 Apr 202521 April 2025	691 sqft	700,000	1,012
26 Nov 202426 November 2024	687 sqft	730,000	1,062

1 1-bed sale 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 5th floor

All 156 units in Safi Apartments 1A


501	2-bed	937 sqft	AED 834KAED 833,888 · Oct 2015October 2015	67,200 /yr
502	3-bed	1,419 sqft	AED 1.19MAED 1,185,888 · Oct 2015October 2015	105,000 /yr
503	2-bed	964 sqft	AED 747KAED 746,888 · Oct 2015October 2015	75,000 /yr
504	2-bed	931 sqft	AED 850KAED 850,000 · Apr 2024April 2024	76,500 /yr
505	2-bed	882 sqft	AED 734KAED 733,888 · Sep 2015September 2015	70,000 /yr
506	3-bed	1,408 sqft	AED 1.4MAED 1,400,000 · Oct 2024October 2024	120,000 /yr
507	2-bed	881 sqft	AED 613KAED 613,000 · Aug 2019August 2019	70,000 /yr
508	2-bed	883 sqft	AED 620KAED 620,000 · Jan 2020January 2020
510	1-bed	628 sqft	AED 565KAED 564,888 · Sep 2015September 2015	44,100 /yr
511	2-bed	883 sqft	AED 850KAED 850,000 · Aug 2023August 2023	70,000 /yr
512	2-bed	881 sqft	AED 803KAED 802,888 · Oct 2015October 2015	55,000 /yr
513	3-bed	1,408 sqft	AED 1.5MAED 1,500,000 · Nov 2024November 2024	80,000 /yr
514	2-bed	882 sqft	AED 748KAED 747,888 · Oct 2015October 2015
515	2-bed	466 sqft	AED 766KAED 765,888 · Oct 2015October 2015	58,000 /yr
516	2-bed	964 sqft	AED 1.05MAED 1,050,000 · Feb 2025February 2025	72,450 /yr
517	3-bed	1,419 sqft	AED 870KAED 870,000 · Mar 2020March 2020	135,000 /yr
518	2-bed	937 sqft	AED 1MAED 1,000,000 · Jan 2026January 2026	95,000 /yr
519	1-bed	573 sqft	AED 504KAED 503,988 · Oct 2015October 2015	43,200 /yr
520	2-bed	976 sqft	AED 821KAED 820,888 · Oct 2015October 2015	82,000 /yr
521	2-bed	1,041 sqft	AED 1.08MAED 1,075,000 · Sep 2024September 2024	90,000 /yr
522	2-bed	905 sqft	AED 901KAED 900,888 · Jul 2017July 2017	65,000 /yr
523	3-bed	1,340 sqft	AED 1.1MAED 1,100,000 · Jul 2023July 2023	140,000 /yr

1–7 of 22

509, Safi Apartments 1A in numbers

Sold twice: first on 14 September 2015 for AED 564,888, last on 23 November 2023 for AED 650,000 (AED 1,034 per sqft).
Rented since August 2019 on 4 Ejari contracts, from AED 38,000 to AED 30,000 a year.
At AED 30,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 9,600 a year (AED 15.28 per sqft).
One-beds in Safi Apartments 1A sold for AED 750,000–750,000 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 23 November 2023.

Questions about 509, Safi Apartments 1A

What did unit 509 last sell for?

AED 650,000 on 23 November 2023: AED 1,034 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 564,888 in September 2015.

What is the rent for unit 509?

AED 30,000 a year on the contract renewed on 31 August 2022. The previous contract, from August 2021, was AED 30,000; the unit has been rented since August 2019.

How big is unit 509?

628 sqft (58.3 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 1A sold for AED 750,000 to 750,000 in the last 12 months, around AED 1,093 per sqft.

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Mortgage on 509, Safi Apartments 1A

Starts from the last sale price (AED 650K, 23 November 2023). Switch to today's estimate once you have unlocked it.

Price: AED 650,000
Deposit, UAE resident (20%): AED 130,000
Deposit, non-resident (40%): AED 260,000
Monthly over 25 years at 3.7%: AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →