Home
Dubai prices
About
Research
1-bed · 633 sqftSafi Apartments 1B, Town Square · 5th floor · completed 2018

503, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 579K11 May 2016
Current rentAED 60K /yr2 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 503

Property timeline for 503, Safi Apartments 1B

What is 503 worth today?

Last sold for AED 578,888 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Oct 2025RentedRenewal
AED 60,000/yr12 months · AED 94 per sqft
2 Oct 2024RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
15 Aug 2023RentedRenewal
AED 45,000/yr12 months · AED 71 per sqft
15 Aug 2022RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft
1 Aug 2021RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
1 Aug 2020RentedNew contract
AED 32,000/yr12 months · AED 50 per sqft
11 May 2016Sold by developerOff-plan
AED 578,888AED 914 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
5th of 7
Parking
G-303
Developer
Nshmi Development
Completed
2018
Last sold
AED 579K · May 2016
Building
Safi Apartments 1B

About 503, Safi Apartments 1B

503 is a one-bedroom apartment of 633 sqft on the 5th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 11 May 2016 for AED 578,888, or AED 914 per sqft, in line with the AED 904 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 2 October 2025, is AED 60,000 a year: a gross yield of 10.4% on the 2016 price.

Sales and rents for 503 over time

Sales
Unit 503, 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, May 2016: AED 578,888 (AED 914 per sqft)

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

Rents
Unit 503, 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 65,000New contract, August 2020: AED 32,000 a yearRenewal, August 2021: AED 32,000 a yearNew contract, August 2022: AED 38,000 a yearRenewal, August 2023: AED 45,000 a yearNew contract, October 2024: AED 60,000 a yearRenewal, October 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 503 sits

All 54 1-beds →

503 last sold in May 2016 at AED 914 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 904). 503'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 5th floor

All 181 units in Safi Apartments 1B
Value
5012-bedAED 878K · Jul 2016
5023-bedAED 1.55M · Nov 2024
5041-bedAED 561K · May 2016
5051-bedAED 610K · May 2016
506StudioAED 427K · Jun 2016
5071-bedAED 559K · May 2016
5083-bedAED 1.59M · May 2025
1–7 of 26

503, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 11 May 2016 for AED 578,888, or AED 914 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 32,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2016 price is 10.4%.

Source: Dubai Land Department. Updated 2 October 2025.

Questions about 503, Safi Apartments 1B

What did unit 503 last sell for?

AED 578,888 on 11 May 2016, sold by the developer: AED 914 per sqft for 633 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 60,000 a year on the contract renewed on 2 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since August 2020.

How big is unit 503?

633 sqft (58.8 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 503, Safi Apartments 1B

Starts from the last sale price (AED 579K, 11 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 578,888
Deposit, UAE resident (20%)
AED 115,778
Deposit, non-resident (40%)
AED 231,555
Monthly over 25 years at 3.7%
AED 2,368

Plus AED 29,324 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →