Home
Dubai prices
About
Research
2-bed · 937 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

301, Safi Apartments 1B

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

Unit 301 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 800K25 April 2023
Current rentAED 41K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 301

Property timeline for 301, Safi Apartments 1B

What is 301 worth today?

Last sold for AED 800,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 Apr 2023SoldReady
AED 800,000AED 854 per sqft
10 Jul 2021RentedRenewal
AED 41,000/yr12 months · AED 44 per sqft
10 Jul 2020RentedRenewal
AED 41,000/yr12 months · AED 44 per sqft
10 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
12 Jun 2016Sold by developerOff-plan
AED 781,888AED 834 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
3rd of 7
Parking
P-376
Developer
Nshmi Development
Completed
2018
Last sold
AED 800K · April 2023
Building
Safi Apartments 1B

About 301, Safi Apartments 1B

301 is a two-bedroom apartment of 937 sqft on the 3rd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 25 April 2023 for AED 800,000, or AED 854 per sqft, in line with the AED 834 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 10 July 2021, is AED 41,000 a year: a gross yield of 5.1% on the 2023 price.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Safi Apartments 1B
750K1M2015201820212024Typical sale price by year: 2015 AED 812,888; 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 1,150,000Sold by developer, June 2016: AED 781,888 (AED 834 per sqft)Sold, April 2023: AED 800,000 (AED 854 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Safi Apartments 1B
40K60K80K2019202120232025Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 55,650; 2024 AED 69,025; 2025 AED 77,375New contract, July 2019: AED 50,000 a yearRenewal, July 2020: AED 41,000 a yearRenewal, July 2021: AED 41,000 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 1B, and where 301 sits

All 66 2-beds →

301 last sold in April 2023 at AED 854 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 834). 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. 301's AED 41,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,200,000
2 Feb 20261,190,000
17 Dec 20251,200,000
10 Dec 20251,200,000
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 3rd floor

All 181 units in Safi Apartments 1B
Value
3023-bedAED 950K · May 2021
3031-bedAED 573K · Oct 2015
3041-bedAED 427K · Oct 2020
3051-bedAED 725K · Feb 2025
306StudioAED 463K · Jul 2016
307AED 750K · Sep 2025
3083-bedAED 1.26M · Jun 2018
1–7 of 26

301, Safi Apartments 1B in numbers

  • Sold twice: first on 12 June 2016 for AED 781,888, last on 25 April 2023 for AED 800,000 (AED 854 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 50,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2023 price is 5.1%.
  • 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 25 April 2023.

Questions about 301, Safi Apartments 1B

What did unit 301 last sell for?

AED 800,000 on 25 April 2023: AED 854 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 781,888 in June 2016.

What is the rent for unit 301?

AED 41,000 a year on the contract renewed on 10 July 2021. The previous contract, from July 2020, was AED 41,000; the unit has been rented since July 2019.

How big is unit 301?

937 sqft (87.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 301 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.

Selling 301? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 301, Safi Apartments 1B

Starts from the last sale price (AED 800K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →