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3-bed · 1,419 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

302, Safi Apartments 1B

Sold prices and rental history: sold twice, last in May 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 14 March 2025
Last soldAED 950K20 May 2021
Current rentAED 130K /yr14 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Safi Apartments 1B

What is 302 worth today?

Last sold for AED 950,000 in 2021

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14 Mar 2025RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
1 Aug 2024RentedRenewal
AED 120,000/yr12 months · AED 85 per sqft
20 May 2021SoldReady
AED 950,000AED 669 per sqft
16 Jul 2020RentedNew contract
AED 63,500/yr12 months · AED 45 per sqft
1 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
18 Oct 2015Sold by developerOff-plan
AED 1,171,888AED 825 per sqft

Source: Dubai Land Department. Updated 14 March 2025.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
3rd of 7
Parking
P-426
Developer
Nshmi Development
Completed
2018
Last sold
AED 950K · May 2021
Building
Safi Apartments 1B

About 302, Safi Apartments 1B

302 is a three-bedroom apartment of 1,419 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 20 May 2021 for AED 950,000, or AED 669 per sqft, 4% below the AED 694 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 14 March 2025, is AED 130,000 a year: a gross yield of 13.7% on the 2021 price.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,337,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,270,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, October 2015: AED 1,171,888 (AED 825 per sqft)Sold, May 2021: AED 950,000 (AED 669 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Safi Apartments 1B
100K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 64,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 102,000; 2025 AED 120,000New contract, July 2019: AED 70,000 a yearNew contract, July 2020: AED 63,500 a yearRenewal, August 2024: AED 120,000 a yearNew contract, March 2025: AED 130,000 a year

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

3-beds in Safi Apartments 1B, and where 302 sits

All 36 3-beds →

302 last sold in May 2021 at AED 669 per sqft, 4% below what three-beds in Safi Apartments 1B were fetching at the time (AED 694). Over the last 12 months three-beds sold for AED 1,660,000, around AED 1,238 per sqft, and rent for AED 120,000 to 132,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
9 Apr 20251,980,000
1 3-bed sale 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
3012-bedAED 800K · Apr 2023
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

302, Safi Apartments 1B in numbers

  • Sold twice: first on 18 October 2015 for AED 1,171,888, last on 20 May 2021 for AED 950,000 (AED 669 per sqft).
  • Rented since July 2019 on 4 Ejari contracts, from AED 70,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 13.7%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,660,000 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 14 March 2025.

Questions about 302, Safi Apartments 1B

What did unit 302 last sell for?

AED 950,000 on 20 May 2021: AED 669 per sqft for 1,419 sqft. The unit has 2 registered sales; the first was AED 1,171,888 in October 2015.

What is the rent for unit 302?

AED 130,000 a year on the contract signed on 14 March 2025. The previous contract, from August 2024, was AED 120,000; the unit has been rented since July 2019.

How big is unit 302?

1,419 sqft (131.8 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1B sold for AED 1,660,000 to 1,660,000 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 302, Safi Apartments 1B

Starts from the last sale price (AED 950K, 20 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →