406, Safi Apartments 1B
Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Safi Apartments 1B
What is 406 worth today?
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Source: Dubai Land Department. Updated 20 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 4th of 7
- Parking
- G-317
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 350K · January 2025
- Building
- Safi Apartments 1B
About 406, Safi Apartments 1B
406 is a studio of 319 sqft on the 4th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 20 January 2025 for AED 350,000, or AED 1,096 per sqft, 12% below the AED 1,243 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 25,300 a year: a gross yield of 7.2% on the 2025 price.
Sales and rents for 406 over time
406 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 406 sits
All 21 studios →406 last sold in January 2025 at AED 1,096 per sqft, 12% below what studios in Safi Apartments 1B were fetching at the time (AED 1,243). 406's AED 25,300 is at the bottom 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 | ||
| 23 Sep 202423 September 2024 | 319 sqft | 349,888 | 1,096 | ||
| 23 Sep 202423 September 2024 | 319 sqft | 450,000 | 1,409 | ||
| 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 4th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Feb 2026February 2026 | 80,000 /yr | |
| 402 | 3-bed | 1,419 sqft | AED 1.15MAED 1,150,000 · Apr 2023April 2023 | 66,000 /yr | |
| 403 | 1-bed | 633 sqft | AED 495KAED 495,000 · Oct 2021October 2021 | 38,000 /yr | |
| 404 | 1-bed | 614 sqft | AED 561KAED 560,888 · Oct 2015October 2015 | 50,000 /yr | |
| 405 | 1-bed | 674 sqft | AED 607KAED 606,888 · Oct 2015October 2015 | 30,000 /yr | |
| 407 | 1-bed | 596 sqft | AED 705KAED 705,000 · May 2025May 2025 | 39,000 /yr | |
| 408 | 3-bed | 1,408 sqft | AED 900KAED 900,000 · Apr 2021April 2021 | 111,000 /yr | |
| 409 | 2-bed | 881 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 410 | 2-bed | 883 sqft | AED 700KAED 700,000 · May 2022May 2022 | 44,000 /yr | |
| 411 | 1-bed | 692 sqft | AED 600KAED 599,888 · Oct 2015October 2015 | 65,000 /yr | |
| 412 | 1-bed | 692 sqft | AED 600KAED 599,888 · Oct 2015October 2015 | 60,000 /yr | |
| 413 | 2-bed | 883 sqft | AED 760KAED 759,888 · Oct 2015October 2015 | 80,000 /yr | |
| 414 | 2-bed | 881 sqft | AED 750KAED 750,000 · Dec 2023December 2023 | 46,500 /yr | |
| 415 | 3-bed | 1,408 sqft | AED 1.17MAED 1,171,888 · Aug 2016August 2016 | 65,000 /yr | |
| 416 | 1-bed | 596 sqft | AED 575KAED 574,888 · May 2016May 2016 | 60,000 /yr | |
| 417 | Studio | 319 sqft | AED 354KAED 353,888 · Oct 2015October 2015 | 40,000 /yr | |
| 418 | 1-bed | 674 sqft | AED 568KAED 567,888 · Oct 2015October 2015 | 37,000 /yr | |
| 419 | 1-bed | 628 sqft | AED 540KAED 540,000 · Jun 2019June 2019 | 44,000 /yr | |
| 420 | 1-bed | 633 sqft | AED 556KAED 555,888 · Sep 2015September 2015 | 47,250 /yr | |
| 421 | 3-bed | 1,419 sqft | AED 950KAED 950,000 · Aug 2019August 2019 | 70,000 /yr | |
| 422 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | 90,000 /yr | |
| 423 | 1-bed | 573 sqft | AED 480KAED 480,000 · Jan 2023January 2023 | 70,000 /yr | |
| 424 | 2-bed | 977 sqft | AED 630KAED 630,000 · Nov 2021November 2021 | 93,000 /yr | |
| 425 | 2-bed | 1,040 sqft | AED 440KAED 440,000 · Apr 2023April 2023 | 49,500 /yr | |
| 426 | 2-bed | 905 sqft | AED 819KAED 818,888 · Oct 2015October 2015 | 66,000 /yr | |
| 427 | 1,340 sqft | AED 1.1MAED 1,100,000 · Jun 2023June 2023 | 71,400 /yr |
406, Safi Apartments 1B in numbers
- Sold twice: first on 22 June 2020 for AED 359,888, last on 20 January 2025 for AED 350,000 (AED 1,096 per sqft).
- Rented since November 2020 on 4 Ejari contracts, from AED 19,000 to AED 25,300 a year.
- At AED 25,300 a year the gross yield on the 2025 price is 7.2%.
Source: Dubai Land Department. Updated 20 January 2025.
Questions about 406, Safi Apartments 1B
What did unit 406 last sell for?
AED 350,000 on 20 January 2025: AED 1,096 per sqft for 319 sqft. The unit has 2 registered sales; the first was AED 359,888 in June 2020.
What is the rent for unit 406?
AED 25,300 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 23,000; the unit has been rented since November 2020.
How big is unit 406?
319 sqft (29.6 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.
What is unit 406 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 406, Safi Apartments 1B
Starts from the last sale price (AED 350K, 20 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →