2-bed · 886 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

224, Safi Apartments 1B

Sold prices and rental history: sold twice, last in January 2020, 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 224 · DLD and Ejari recordsUpdated 1 October 2025

Last soldAED 650K13 January 2020

Current rentAED 80K /yr1 October 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 224, Safi Apartments 1B

Today

What is 224 worth today?

Last sold for AED 650,000 in 2020

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1 Oct 2025

1 Oct 2025RentedNew contract

AED 80,000/yr12 months · AED 91 per sqft

18 Jul 2024

18 Jul 2024RentedRenewal

AED 57,500/yr12 months · AED 65 per sqft

18 Jul 2023

18 Jul 2023RentedRenewal

AED 52,250/yr12 months · AED 59 per sqft

18 Jul 2022

18 Jul 2022RentedRenewal

AED 47,500/yr12 months · AED 54 per sqft

18 Jul 2021

18 Jul 2021RentedRenewal

AED 47,500/yr12 months · AED 54 per sqft

18 Jul 2020

18 Jul 2020RentedNew contract

AED 50,000/yr12 months · AED 57 per sqft

13 Jan 2020

13 Jan 2020SoldReady

AED 650,000AED 733 per sqft

18 Jul 2019

18 Jul 2019RentedNew contract

AED 55,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type: 2-bed apartment
Size: 886 sqft
Floor: 2nd of 7
Parking: P-400
Developer: Nshmi Development
Completed: 2018
Last sold: AED 650K · January 2020
Building: Safi Apartments 1B

About 224, Safi Apartments 1B

224 is a two-bedroom apartment of 886 sqft on the 2nd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 13 January 2020 for AED 650,000, or AED 733 per sqft, in line with the AED 726 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 1 October 2025, is AED 80,000 a year: a gross yield of 12.3% on the 2020 price.

Sales and rents for 224 over time

Sales

Unit 224, each saleTypical two-bed in Safi Apartments 1B

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

Rents

Unit 224, 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 224 sits

All 66 2-beds →

2-beds in Safi Apartments 1B · last 12 months1,281 /sqft Safi Apartments 1B · all types1,281 /sqft

224 last sold in January 2020 at AED 733 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 726). Over the last 12 months two-beds sold for AED 1,190,000 to 1,200,000, around AED 1,281 per sqft, and rent for AED 66,150 to 105,000 a year. 224's AED 80,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
6 Feb 20266 February 2026	937 sqft	1,200,000	1,281
2 Feb 20262 February 2026	929 sqft	1,190,000	1,281
17 Dec 202517 December 2025	937 sqft	1,200,000	1,281
10 Dec 202510 December 2025	881 sqft	1,200,000	1,362

4 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. 5 sold in the last 12 months.

Typical price per sqft: AED 1,281
Typical sale: AED 1.2M
Typical rent: AED 64K /yr
Typical yield: 7.3%

Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 181 units in Safi Apartments 1B


201	2-bed	937 sqft	AED 819KAED 818,888 · Oct 2015October 2015	85,000 /yr
202	3-bed	1,419 sqft	AED 1.65MAED 1,650,000 · Dec 2024December 2024	73,920 /yr
203	1-bed	633 sqft	AED 740KAED 740,000 · Oct 2024October 2024	55,000 /yr
204	1-bed	623 sqft	AED 470KAED 470,000 · Sep 2019September 2019	42,770 /yr
205	1-bed	674 sqft	AED 600KAED 599,888 · Oct 2015October 2015	58,000 /yr
206	Studio	319 sqft	AED 419KAED 418,888 · Jan 2016January 2016	35,000 /yr
207	1-bed	596 sqft	AED 550KAED 549,888 · Sep 2015September 2015	44,119 /yr
208	3-bed	1,408 sqft	AED 1.11MAED 1,108,888 · Oct 2015October 2015
209	2-bed	881 sqft	AED 750KAED 749,888 · Oct 2015October 2015	68,250 /yr
210	2-bed	1,058 sqft	AED 911KAED 910,888 · Nov 2018November 2018	84,000 /yr
211	1-bed	687 sqft	AED 660KAED 660,000 · Jun 2024June 2024	40,000 /yr
212	1-bed	687 sqft	AED 598KAED 597,888 · Oct 2015October 2015	60,000 /yr
213	2-bed	1,045 sqft	AED 852KAED 851,888 · Oct 2015October 2015	85,000 /yr
214	2-bed	881 sqft	AED 750KAED 749,888 · Oct 2015October 2015	73,000 /yr
215	3-bed	1,408 sqft	AED 1.34MAED 1,340,000 · Apr 2024April 2024	120,000 /yr
216	1-bed	596 sqft	AED 530KAED 529,888 · Sep 2015September 2015	47,500 /yr
217	Studio	319 sqft	AED 350KAED 349,888 · Sep 2024September 2024	35,000 /yr
218	1-bed	674 sqft	AED 520KAED 520,000 · Feb 2023February 2023	55,000 /yr
219	1-bed	614 sqft	AED 575KAED 574,888 · May 2016May 2016	64,826 /yr
220	1-bed	633 sqft	AED 583KAED 582,888 · Jan 2016January 2016	62,500 /yr
221	3-bed	1,419 sqft	AED 980KAED 980,000 · Mar 2020March 2020
222	2-bed	937 sqft	AED 819KAED 818,888 · Sep 2015September 2015	68,250 /yr
223	3-bed	1,339 sqft	AED 1.35MAED 1,350,000 · Jul 2024July 2024	82,946 /yr
225	2-bed	904 sqft	AED 815KAED 814,888 · Oct 2015October 2015	88,000 /yr
226	3-bed	1,340 sqft	AED 1.11MAED 1,111,888 · Oct 2015October 2015	110,000 /yr

1–7 of 25

224, Safi Apartments 1B in numbers

Sold twice: first on 13 October 2015 for AED 799,888, last on 13 January 2020 for AED 650,000 (AED 733 per sqft).
Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 47,500 in 2022 and recovered to AED 80,000 by October 2025.
At AED 80,000 a year the gross yield on the 2020 price is 12.3%.
Two-beds in Safi Apartments 1B sold for AED 1,190,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,281 per sqft.

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 224, Safi Apartments 1B

What did unit 224 last sell for?

AED 650,000 on 13 January 2020: AED 733 per sqft for 886 sqft. The unit has 2 registered sales; the first was AED 799,888 in October 2015.

What is the rent for unit 224?

AED 80,000 a year on the contract signed on 1 October 2025. The previous contract, from July 2024, was AED 57,500; the unit has been rented since July 2019.

How big is unit 224?

886 sqft (82.3 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 224 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 1,190,000 to 1,200,000 in the last 12 months, around AED 1,281 per sqft.

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Mortgage on 224, Safi Apartments 1B

Starts from the last sale price (AED 650K, 13 January 2020). 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 →