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

321, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 1.17M29 October 2015
Current rentAED 125K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 321, Safi Apartments 1B

What is 321 worth today?

Last sold for AED 1,171,888 in 2015

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15 Jul 2025RentedNew contract
AED 125,000/yr12 months · AED 88 per sqft
7 Jul 2024RentedRenewal
AED 83,680/yr12 months · AED 59 per sqft
7 Jul 2023RentedRenewal
AED 72,765/yr12 months · AED 51 per sqft
7 Jul 2022RentedRenewal
AED 69,300/yr12 months · AED 49 per sqft
7 Jul 2021RentedRenewal
AED 66,000/yr12 months · AED 46 per sqft
29 Oct 2015Sold by developerOff-plan
AED 1,171,888AED 825 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
3rd of 7
Parking
G-364
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.17M · October 2015

About 321, Safi Apartments 1B

321 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. The developer sold it on 29 October 2015 for AED 1,171,888, or AED 825 per sqft, in line with the AED 825 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 July 2025, is AED 125,000 a year: a gross yield of 10.7% on the 2015 price.

Sales and rents for 321 over time

Sales
Unit 321, 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)

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

Rents
Unit 321, 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 120,000Renewal, July 2021: AED 66,000 a yearRenewal, July 2022: AED 69,300 a yearRenewal, July 2023: AED 72,765 a yearRenewal, July 2024: AED 83,680 a yearNew contract, July 2025: AED 125,000 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 321 sits

All 36 3-beds →

321 last sold in October 2015 at AED 825 per sqft, in line with what three-beds in Safi Apartments 1B were fetching at the time (AED 825). 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
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
1–7 of 26

321, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 29 October 2015 for AED 1,171,888, or AED 825 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 66,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2015 price is 10.7%.
  • 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 15 July 2025.

Questions about 321, Safi Apartments 1B

What did unit 321 last sell for?

AED 1,171,888 on 29 October 2015, sold by the developer: AED 825 per sqft for 1,419 sqft. It is the only registered sale of the unit.

What is the rent for unit 321?

AED 125,000 a year on the contract signed on 15 July 2025. The previous contract, from July 2024, was AED 83,680; the unit has been rented since July 2021.

How big is unit 321?

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 321 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 321, Safi Apartments 1B

Starts from the last sale price (AED 1.17M, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,171,888
Deposit, UAE resident (20%)
AED 234,378
Deposit, non-resident (40%)
AED 468,755
Monthly over 25 years at 3.7%
AED 4,795

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →