1-bed · 692 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

412, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 16 December 2025
Last soldAED 600K25 October 2015
Current rentAED 60K /yr16 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Safi Apartments 1B

What is 412 worth today?

Last sold for AED 599,888 in 2015

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16 Dec 2025RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
16 Dec 2024RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
21 Nov 2023RentedRenewal
AED 45,000/yr12 months · AED 65 per sqft
21 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 65 per sqft
17 Nov 2021RentedNew contract
AED 35,000/yr12 months · AED 51 per sqft
1 Jul 2020RentedRenewal
AED 45,000/yr4 months · AED 65 per sqft
25 Oct 2015Sold by developerOff-plan
AED 599,888AED 866 per sqft

Source: Dubai Land Department. Updated 16 December 2025.

Key facts

Type
1-bed apartment
Size
692 sqft
Floor
4th of 7
Parking
G-307
Developer
Nshmi Development
Completed
2018
Last sold
AED 600K · October 2015

About 412, Safi Apartments 1B

412 is a one-bedroom apartment of 692 sqft on the 4th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 599,888, or AED 866 per sqft, in line with the AED 892 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 16 December 2025, is AED 60,000 a year: a gross yield of 10.0% on the 2015 price.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 570,388; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 725,000Sold by developer, October 2015: AED 599,888 (AED 866 per sqft)

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

Rents
Unit 412, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 37,475; 2023 AED 42,650; 2024 AED 51,000; 2025 AED 58,500; 2026 AED 65,000Renewal, July 2020: AED 45,000 a yearNew contract, November 2021: AED 35,000 a yearNew contract, November 2022: AED 45,000 a yearRenewal, November 2023: AED 45,000 a yearNew contract, December 2024: AED 60,000 a yearRenewal, December 2025: AED 60,000 a year

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 412 sits

All 54 1-beds →

412 last sold in October 2015 at AED 866 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 892). 412's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
21 Oct 2024740,000
0 1-bed sales 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 4th floor

All 181 units in Safi Apartments 1B
Value
4012-bedAED 1.2M · Feb 2026
4023-bedAED 1.15M · Apr 2023
4031-bedAED 495K · Oct 2021
4041-bedAED 561K · Oct 2015
4051-bedAED 607K · Oct 2015
406StudioAED 350K · Jan 2025
4071-bedAED 705K · May 2025
1–7 of 26

412, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 599,888, or AED 866 per sqft.
  • Rented since July 2020 on 6 Ejari contracts. The rent fell from AED 45,000 to AED 35,000 in 2021 and recovered to AED 60,000 by December 2025.
  • At AED 60,000 a year the gross yield on the 2015 price is 10.0%.

Source: Dubai Land Department. Updated 16 December 2025.

Questions about 412, Safi Apartments 1B

What did unit 412 last sell for?

AED 599,888 on 25 October 2015, sold by the developer: AED 866 per sqft for 692 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 60,000 a year on the contract renewed on 16 December 2025. The previous contract, from December 2024, was AED 60,000; the unit has been rented since July 2020.

How big is unit 412?

692 sqft (64.3 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 412 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 412, Safi Apartments 1B

Starts from the last sale price (AED 600K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 599,888
Deposit, UAE resident (20%)
AED 119,978
Deposit, non-resident (40%)
AED 239,955
Monthly over 25 years at 3.7%
AED 2,454

Plus AED 30,206 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →