520, Safi Apartments 1B
Sold prices and rental history: sold once, by the developer in May 2016, and rented once, from January 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 520, Safi Apartments 1B
What is 520 worth today?
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Source: Dubai Land Department. Updated 1 January 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 633 sqft
- Floor
- 5th of 7
- Parking
- G-260
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 584K · May 2016
- Building
- Safi Apartments 1B
About 520, Safi Apartments 1B
520 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 23 May 2016 for AED 583,888, or AED 921 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 January 2020. The current contract, signed on 1 January 2020, is AED 36,000 a year: a gross yield of 6.2% on the 2016 price.
Sales and rents for 520 over time
520 has sold once; 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 520 sits
All 54 1-beds →520 last sold in May 2016 at AED 921 per sqft, in line with what one-beds in Safi Apartments 1B were fetching at the time (AED 904). 520's AED 36,000 is at the bottom 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 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 | |
| 502 | 3-bed | 1,419 sqft | AED 1.55MAED 1,550,000 · Nov 2024November 2024 | 125,000 /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 | |
| 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 |
520, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 23 May 2016 for AED 583,888, or AED 921 per sqft.
- Rented since January 2020 on one Ejari contract, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2016 price is 6.2%.
Source: Dubai Land Department. Updated 1 January 2020.
Questions about 520, Safi Apartments 1B
What did unit 520 last sell for?
AED 583,888 on 23 May 2016, sold by the developer: AED 921 per sqft for 633 sqft. It is the only registered sale of the unit.
What is the rent for unit 520?
AED 36,000 a year on the contract signed on 1 January 2020.
How big is unit 520?
633 sqft (58.8 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 520 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 520, Safi Apartments 1B
Starts from the last sale price (AED 584K, 23 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 583,888
- Deposit, UAE resident (20%)
- AED 116,778
- Deposit, non-resident (40%)
- AED 233,555
- Monthly over 25 years at 3.7%
- AED 2,389
Plus AED 29,534 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →