Studio · 331 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

112, Safi Apartments 1A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 500K22 October 2024
Current rentAED 36K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Safi Apartments 1A

What is 112 worth today?

Last sold for AED 500,000 in 2024

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1 Nov 2026RentedNew contract
AED 36,000/yr12 months · AED 108 per sqft
20 Dec 2025RentedRenewal
AED 40,000/yr12 months · AED 120 per sqft
20 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 120 per sqft
22 Oct 2024SoldReady
AED 500,000AED 1,512 per sqft
25 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 102 per sqft
1 Feb 2023RentedRenewal
AED 28,304/yr6 months · AED 85 per sqft
1 Aug 2022RentedRenewal
AED 25,000/yr6 months · AED 75 per sqft
1 Feb 2022RentedRenewal
AED 25,000/yr6 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
Studio apartment
Size
331 sqft
Floor
1st of 7
Parking
G-285
Developer
Nshmi Development
Completed
2018
Service charge
AED 5,100 /yr
Last sold
AED 500K · October 2024

About 112, Safi Apartments 1A

112 is a studio of 331 sqft on the 1st floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 22 October 2024 for AED 500,000, or AED 1,512 per sqft.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 1 November 2026, is AED 36,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 112 over time

Rents
Unit 112, each contractTypical studio in Safi Apartments 1A
30K40K201920222025Typical rent by year: 2020 AED 26,400; 2022 AED 27,000; 2023 AED 34,000; 2024 AED 40,000; 2025 AED 40,000; 2026 AED 39,500New contract, August 2019: AED 25,000 a yearRenewal, August 2020: AED 25,000 a yearRenewal, August 2021: AED 25,000 a yearRenewal, February 2022: AED 25,000 a yearRenewal, August 2022: AED 25,000 a yearRenewal, February 2023: AED 28,304 a yearNew contract, August 2023: AED 34,000 a yearNew contract, December 2024: AED 40,000 a yearRenewal, December 2025: AED 40,000 a yearNew contract, November 2026: AED 36,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Safi Apartments 1A, and where 112 sits

All 4 studios →

Over the last 12 months studios sold for AED 475,000, around AED 1,454 per sqft, and rent for AED 36,000 to 48,000 a year. 112's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Jun 2026475,000
27 Mar 2017343,000
13 Oct 2015370,888
12 Oct 2015380,888
1 studio sale in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,217 Up 9.9%
Typical sale
AED 1.1M
Typical rent
AED 80K /yr
Typical yield
7.1%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 1st floor

All 156 units in Safi Apartments 1A
Value
1012-bedAED 995K · May 2017
1023-bedAED 2.05M · May 2026
1032-bedAED 1.25M · Jul 2025
1042-bedAED 1.03M · Jan 2026
1052-bedAED 800K · Oct 2015
1063-bedAED 1000K · Jul 2020
1072-bedAED 815K · Jun 2024
1–7 of 22

112, Safi Apartments 1A in numbers

  • Sold twice: first on 22 June 2015 for AED 370,888, last on 22 October 2024 for AED 500,000 (AED 1,512 per sqft).
  • Rented since August 2019 on 10 Ejari contracts, from AED 25,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 5,100 a year (AED 15.28 per sqft).
  • Studios in Safi Apartments 1A sold for AED 475,000–475,000 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 112, Safi Apartments 1A

What did unit 112 last sell for?

AED 500,000 on 22 October 2024: AED 1,512 per sqft for 331 sqft. The unit has 2 registered sales; the first was AED 370,888 in June 2015.

What is the rent for unit 112?

AED 36,000 a year on the contract signed on 1 November 2026. The previous contract, from December 2025, was AED 40,000; the unit has been rented since August 2019.

How big is unit 112?

331 sqft (30.8 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 1A sold for AED 475,000 to 475,000 in the last 12 months, around AED 1,454 per sqft.

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Mortgage on 112, Safi Apartments 1A

Starts from the last sale price (AED 500K, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →