317, Safi Apartments 1B
Sold prices and rental history: sold twice, last in September 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 317, Safi Apartments 1B
What is 317 worth today?
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Source: Dubai Land Department. Updated 10 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 3rd of 7
- Parking
- G-319
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 450K · September 2024
- Building
- Safi Apartments 1B
About 317, Safi Apartments 1B
317 is a studio of 319 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 23 September 2024 for AED 450,000, or AED 1,409 per sqft, in line with the AED 1,389 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 10 January 2025, is AED 43,000 a year: a gross yield of 9.6% on the 2024 price.
Sales and rents for 317 over time
317 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safi Apartments 1B, and where 317 sits
All 21 studios →317 last sold in September 2024 at AED 1,409 per sqft, in line with what studios in Safi Apartments 1B were fetching at the time (AED 1,389). 317's AED 43,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202524 July 2025 | 330 sqft | 390,000 | 1,181 | ||
| 20 Jan 202520 January 2025 | 319 sqft | 350,000 | 1,096 | ||
| 23 Sep 202423 September 2024 | 319 sqft | 349,888 | 1,096 | ||
| 7 Mar 20247 March 2024 | 331 sqft | 460,000 | 1,389 |
Safi Apartments 1B
Building181 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%
Other units on the 3rd floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 937 sqft | AED 800KAED 800,000 · Apr 2023April 2023 | 41,000 /yr | |
| 302 | 3-bed | 1,419 sqft | AED 950KAED 950,000 · May 2021May 2021 | 130,000 /yr | |
| 303 | 1-bed | 633 sqft | AED 573KAED 572,888 · Oct 2015October 2015 | 46,000 /yr | |
| 304 | 1-bed | 623 sqft | AED 427KAED 427,000 · Oct 2020October 2020 | 60,000 /yr | |
| 305 | 1-bed | 674 sqft | AED 725KAED 725,000 · Feb 2025February 2025 | 78,000 /yr | |
| 306 | Studio | 319 sqft | AED 463KAED 462,888 · Jul 2016July 2016 | 37,000 /yr | |
| 307 | 596 sqft | AED 750KAED 750,000 · Sep 2025September 2025 | 39,000 /yr | ||
| 308 | 3-bed | 1,412 sqft | AED 1.26MAED 1,258,888 · Jun 2018June 2018 | ||
| 309 | 2-bed | 881 sqft | AED 870KAED 870,400 · Jan 2023January 2023 | 80,000 /yr | |
| 310 | 2-bed | 1,002 sqft | AED 772KAED 771,888 · Oct 2015October 2015 | 49,500 /yr | |
| 311 | 1-bed | 687 sqft | AED 690KAED 690,000 · Oct 2024October 2024 | 64,000 /yr | |
| 312 | 1-bed | 687 sqft | AED 611KAED 610,888 · May 2016May 2016 | 45,480 /yr | |
| 313 | 2-bed | 1,002 sqft | AED 772KAED 771,888 · Oct 2015October 2015 | 52,000 /yr | |
| 314 | 2-bed | 881 sqft | AED 755KAED 754,888 · Oct 2015October 2015 | 70,000 /yr | |
| 315 | 3-bed | 1,412 sqft | AED 1.29MAED 1,290,888 · May 2017May 2017 | 70,400 /yr | |
| 316 | 1-bed | 596 sqft | AED 499KAED 499,000 · Jul 2023July 2023 | 37,878 /yr | |
| 318 | 1-bed | 674 sqft | AED 225KAED 225,000 · Jun 2021June 2021 | 60,000 /yr | |
| 319 | 1-bed | 624 sqft | AED 575KAED 574,888 · Jun 2016June 2016 | 55,000 /yr | |
| 320 | 1-bed | 633 sqft | AED 450KAED 450,000 · Sep 2021September 2021 | 60,000 /yr | |
| 321 | 3-bed | 1,419 sqft | AED 1.17MAED 1,171,888 · Oct 2015October 2015 | 125,000 /yr | |
| 322 | 2-bed | 937 sqft | AED 799KAED 798,888 · Sep 2018September 2018 | 90,000 /yr | |
| 323 | 1-bed | 573 sqft | AED 636KAED 635,888 · Apr 2019April 2019 | 46,585 /yr | |
| 324 | 2-bed | 977 sqft | AED 1.14MAED 1,135,000 · May 2025May 2025 | 80,000 /yr | |
| 325 | 2-bed | 1,040 sqft | AED 1.17MAED 1,170,000 · Feb 2025February 2025 | 58,212 /yr | |
| 326 | 2-bed | 905 sqft | AED 814KAED 813,888 · Oct 2015October 2015 | 80,000 /yr | |
| 327 | 3-bed | 1,340 sqft | AED 1.12MAED 1,118,888 · Oct 2015October 2015 | 112,000 /yr |
317, Safi Apartments 1B in numbers
- Sold twice: first on 12 October 2015 for AED 352,888, last on 23 September 2024 for AED 450,000 (AED 1,409 per sqft).
- Rented since July 2023 on 2 Ejari contracts, from AED 28,000 to AED 43,000 a year.
- At AED 43,000 a year the gross yield on the 2024 price is 9.6%.
Source: Dubai Land Department. Updated 10 January 2025.
Questions about 317, Safi Apartments 1B
What did unit 317 last sell for?
AED 450,000 on 23 September 2024: AED 1,409 per sqft for 319 sqft. The unit has 2 registered sales; the first was AED 352,888 in October 2015.
What is the rent for unit 317?
AED 43,000 a year on the contract signed on 10 January 2025. The previous contract, from July 2023, was AED 28,000.
How big is unit 317?
319 sqft (29.6 sqm): a studio on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 317 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 317, Safi Apartments 1B
Starts from the last sale price (AED 450K, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →