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3-bed · 1,419 sqftSafi Apartments 1B, Town Square · 4th floor · completed 2018

421, Safi Apartments 1B

Sold prices and rental history: sold twice, last in August 2019, and rented once, from July 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 1 August 2019
Last soldAED 950K1 August 2019
Current rentAED 70K /yr15 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, Safi Apartments 1B

What is 421 worth today?

Last sold for AED 950,000 in 2019

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1 Aug 2019SoldReady
AED 950,000AED 669 per sqft
15 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
18 Oct 2015Sold by developerOff-plan
AED 1,178,888AED 830 per sqft

Source: Dubai Land Department. Updated 1 August 2019.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
4th of 7
Parking
P-441 , P-227
Developer
Nshmi Development
Completed
2018
Last sold
AED 950K · August 2019
Building
Safi Apartments 1B

About 421, Safi Apartments 1B

421 is a three-bedroom apartment of 1,419 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 1 August 2019 for AED 950,000, or AED 669 per sqft.

One Ejari contract is registered, from 15 July 2019. The current contract, signed on 15 July 2019, is AED 70,000 a year: a gross yield of 7.4% on the 2019 price.

Sales and rents for 421 over time

Sales
Unit 421, 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 1,178,888 (AED 830 per sqft)Sold, August 2019: AED 950,000 (AED 669 per sqft)

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

Rents
Unit 421, 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 120,000New contract, July 2019: AED 70,000 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 421 sits

All 36 3-beds →

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 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

421, Safi Apartments 1B in numbers

  • Sold twice: first on 18 October 2015 for AED 1,178,888, last on 1 August 2019 for AED 950,000 (AED 669 per sqft).
  • Rented since July 2019 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2019 price is 7.4%.
  • 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 1 August 2019.

Questions about 421, Safi Apartments 1B

What did unit 421 last sell for?

AED 950,000 on 1 August 2019: AED 669 per sqft for 1,419 sqft. The unit has 2 registered sales; the first was AED 1,178,888 in October 2015.

What is the rent for unit 421?

AED 70,000 a year on the contract signed on 15 July 2019.

How big is unit 421?

1,419 sqft (131.8 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 421 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 421, Safi Apartments 1B

Starts from the last sale price (AED 950K, 1 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →