502, Safi Apartments 1B
Sold prices and rental history: sold twice, last in November 2024, 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 502, Safi Apartments 1B
What is 502 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,419 sqft
- Floor
- 5th of 7
- Parking
- P-430
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.55M · November 2024
- Building
- Safi Apartments 1B
About 502, Safi Apartments 1B
502 is a three-bedroom apartment of 1,419 sqft on the 5th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 25 November 2024 for AED 1,550,000, or AED 1,092 per sqft, 14% above the AED 958 three-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 1 July 2025, is AED 125,000 a year: a gross yield of 8.1% on the 2024 price.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the three-bed median of each year in the building.
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 502 sits
All 36 3-beds →502 last sold in November 2024 at AED 1,092 per sqft, 14% above what three-beds in Safi Apartments 1B were fetching at the time (AED 958). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,340 sqft | 1,660,000 | 1,238 | ||
| 11 Jul 202511 July 2025 | 2,257 sqft | 1,780,000 | 788 | ||
| 13 May 202513 May 2025 | 1,408 sqft | 1,590,000 | 1,129 | ||
| 9 Apr 20259 April 2025 | 2,593 sqft | 1,980,000 | 763 |
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 5th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 937 sqft | AED 878KAED 877,888 · Jul 2016July 2016 | 75,000 /yr | |
| 503 | 1-bed | 633 sqft | AED 579KAED 578,888 · May 2016May 2016 | 60,000 /yr | |
| 504 | 1-bed | 614 sqft | AED 561KAED 560,888 · May 2016May 2016 | 48,980 /yr | |
| 505 | 1-bed | 674 sqft | AED 610KAED 609,888 · May 2016May 2016 | 58,000 /yr | |
| 506 | Studio | 319 sqft | AED 427KAED 426,888 · Jun 2016June 2016 | 40,000 /yr | |
| 507 | 1-bed | 596 sqft | AED 559KAED 558,888 · May 2016May 2016 | 48,070 /yr | |
| 508 | 3-bed | 1,408 sqft | AED 1.59MAED 1,590,000 · May 2025May 2025 | 86,250 /yr | |
| 509 | 2-bed | 881 sqft | AED 1.15MAED 1,150,000 · Feb 2025February 2025 | 53,000 /yr | |
| 510 | 2-bed | 883 sqft | AED 798KAED 797,888 · May 2016May 2016 | 76,000 /yr | |
| 511 | 1-bed | 628 sqft | AED 557KAED 556,888 · Jun 2016June 2016 | 52,000 /yr | |
| 512 | 1-bed | 628 sqft | AED 613KAED 612,888 · Jul 2016July 2016 | 62,000 /yr | |
| 513 | 2-bed | 883 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 57,750 /yr | |
| 514 | 2-bed | 881 sqft | AED 690KAED 690,000 · Dec 2021December 2021 | 50,000 /yr | |
| 515 | 3-bed | 1,408 sqft | AED 1.15MAED 1,150,000 · Apr 2023April 2023 | 70,000 /yr | |
| 516 | 1-bed | 596 sqft | AED 575KAED 574,888 · Jun 2016June 2016 | 47,250 /yr | |
| 517 | Studio | 319 sqft | AED 355KAED 354,888 · Mar 2016March 2016 | 34,000 /yr | |
| 518 | 1-bed | 674 sqft | AED 597KAED 596,888 · May 2016May 2016 | 64,000 /yr | |
| 519 | 1-bed | 624 sqft | AED 575KAED 574,888 · Jun 2016June 2016 | 35,000 /yr | |
| 520 | 1-bed | 633 sqft | AED 584KAED 583,888 · May 2016May 2016 | 36,000 /yr | |
| 521 | 3-bed | 1,419 sqft | AED 1.03MAED 1,030,888 · Jul 2020July 2020 | 120,000 /yr | |
| 522 | 2-bed | 937 sqft | AED 878KAED 877,888 · Jul 2016July 2016 | 56,000 /yr | |
| 523 | 1-bed | 573 sqft | AED 568KAED 567,888 · Jun 2020June 2020 | 38,000 /yr | |
| 524 | 2-bed | 976 sqft | AED 670KAED 670,000 · Sep 2019September 2019 | 65,000 /yr | |
| 525 | 2-bed | 1,041 sqft | AED 1.15MAED 1,150,000 · Jun 2025June 2025 | 59,400 /yr | |
| 526 | 2-bed | 905 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | ||
| 527 | 3-bed | 1,340 sqft | AED 1.66MAED 1,660,000 · Feb 2026February 2026 | 97,125 /yr |
502, Safi Apartments 1B in numbers
- Sold twice: first on 23 October 2017 for AED 1,362,888, last on 25 November 2024 for AED 1,550,000 (AED 1,092 per sqft).
- Rented since July 2020 on 6 Ejari contracts, from AED 63,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2024 price is 8.1%.
- 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 July 2025.
Questions about 502, Safi Apartments 1B
What did unit 502 last sell for?
AED 1,550,000 on 25 November 2024: AED 1,092 per sqft for 1,419 sqft. The unit has 2 registered sales; the first was AED 1,362,888 in October 2017.
What is the rent for unit 502?
AED 125,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 92,000; the unit has been rented since July 2020.
How big is unit 502?
1,419 sqft (131.8 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 502 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 502, Safi Apartments 1B
Starts from the last sale price (AED 1.55M, 25 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →