423, Safi Apartments 1B
Sold prices and rental history: sold twice, last in January 2023, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 423, Safi Apartments 1B
What is 423 worth today?
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Source: Dubai Land Department. Updated 21 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 573 sqft
- Floor
- 4th of 7
- Parking
- G-371
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 480K · January 2023
- Building
- Safi Apartments 1B
About 423, Safi Apartments 1B
423 is a one-bedroom apartment of 573 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 11 January 2023 for AED 480,000, or AED 838 per sqft.
One Ejari contract is registered, from 21 August 2025. The current contract, signed on 21 August 2025, is AED 70,000 a year: a gross yield of 14.6% on the 2023 price.
Sales and rents for 423 over time
423 has sold twice; 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 423 sits
All 54 1-beds →423's AED 70,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 May 202528 May 2025 | 596 sqft | 705,000 | 1,183 | ||
| 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 |
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 | |
| 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 | |
| 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 |
423, Safi Apartments 1B in numbers
- Sold twice: first on 15 September 2015 for AED 577,888, last on 11 January 2023 for AED 480,000 (AED 838 per sqft).
- Rented since August 2025 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 14.6%.
Source: Dubai Land Department. Updated 21 August 2025.
Questions about 423, Safi Apartments 1B
What did unit 423 last sell for?
AED 480,000 on 11 January 2023: AED 838 per sqft for 573 sqft. The unit has 2 registered sales; the first was AED 577,888 in September 2015.
What is the rent for unit 423?
AED 70,000 a year on the contract signed on 21 August 2025.
How big is unit 423?
573 sqft (53.2 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 423 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 423, Safi Apartments 1B
Starts from the last sale price (AED 480K, 11 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →