407, Safi Apartments 1B
Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Safi Apartments 1B
What is 407 worth today?
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Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 596 sqft
- Floor
- 4th of 7
- Parking
- G-308
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 705K · May 2025
- Building
- Safi Apartments 1B
About 407, Safi Apartments 1B
407 is a one-bedroom apartment of 596 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 28 May 2025 for AED 705,000, or AED 1,183 per sqft, in line with the AED 1,168 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 5 December 2022, is AED 39,000 a year: a gross yield of 5.5% on the 2025 price.
Sales and rents for 407 over time
407 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safi Apartments 1B, and where 407 sits
All 54 1-beds →407 last sold in May 2025 at AED 1,183 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 1,168). 407's AED 39,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Mar 202512 March 2025 | 628 sqft | 750,000 | 1,193 | ||
| 3 Feb 20253 February 2025 | 674 sqft | 725,000 | 1,075 | ||
| 21 Oct 202421 October 2024 | 633 sqft | 740,000 | 1,168 | ||
| 16 Oct 202416 October 2024 | 629 sqft | 750,000 | 1,192 |
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 | |
| 406 | Studio | 319 sqft | AED 350KAED 350,000 · Jan 2025January 2025 | 25,300 /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 |
407, Safi Apartments 1B in numbers
- Sold 3 times: first on 13 October 2015 for AED 555,888, last on 28 May 2025 for AED 705,000 (AED 1,183 per sqft).
- Rented since December 2019 on 2 Ejari contracts, from AED 35,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2025 price is 5.5%.
Source: Dubai Land Department. Updated 28 May 2025.
Questions about 407, Safi Apartments 1B
What did unit 407 last sell for?
AED 705,000 on 28 May 2025: AED 1,183 per sqft for 596 sqft. The unit has 3 registered sales; the first was AED 555,888 in October 2015.
What is the rent for unit 407?
AED 39,000 a year on the contract signed on 5 December 2022. The previous contract, from December 2019, was AED 35,000.
How big is unit 407?
596 sqft (55.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 407 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 407, Safi Apartments 1B
Starts from the last sale price (AED 705K, 28 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 705,000
- Deposit, UAE resident (20%)
- AED 141,000
- Deposit, non-resident (40%)
- AED 282,000
- Monthly over 25 years at 3.7%
- AED 2,884
Plus AED 34,620 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →