2-bed · 931 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

116, Safi Apartments 1A

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 1.1M14 October 2025
Current rentAED 75K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Safi Apartments 1A

What is 116 worth today?

Last sold for AED 1,100,000 in 2025

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20 Oct 2026RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
10 Jul 2026RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
1 Nov 2025RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
14 Oct 2025SoldReady
AED 1,100,000AED 1,181 per sqft
10 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
10 Jul 2025RentedRenewal
AED 85,000/yr12 months · AED 91 per sqft
10 Jul 2024RentedRenewal
AED 61,000/yr12 months · AED 65 per sqft
10 Jul 2023RentedRenewal
AED 53,550/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
1st of 7
Parking
P-259
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 1.1M · October 2025

About 116, Safi Apartments 1A

116 is a two-bedroom apartment of 931 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 14 October 2025 for AED 1,100,000, or AED 1,181 per sqft, 9% above the AED 1,088 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 20 October 2026, is AED 75,000 a year: a gross yield of 6.8% on the 2025 price, before the service charge of about AED 14,200 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,100,000; 2026 AED 1,087,500Sold by developer, October 2015: AED 745,888 (AED 801 per sqft)Sold, October 2025: AED 1,100,000 (AED 1,181 per sqft)

116 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 116, each contractTypical two-bed in Safi Apartments 1A
40K60K80K201920222025Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,084; 2024 AED 70,068; 2025 AED 80,000; 2026 AED 80,000New contract, September 2019: AED 48,000 a yearNew contract, October 2021: AED 48,000 a yearNew contract, July 2022: AED 51,000 a yearRenewal, July 2023: AED 53,550 a yearRenewal, July 2024: AED 61,000 a yearRenewal, July 2025: AED 85,000 a yearRenewal, July 2025: AED 85,000 a yearNew contract, November 2025: AED 80,000 a yearRenewal, July 2026: AED 85,000 a yearNew contract, October 2026: AED 75,000 a year

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

2-beds in Safi Apartments 1A, and where 116 sits

All 97 2-beds →

116 last sold in October 2025 at AED 1,181 per sqft, 9% above what two-beds in Safi Apartments 1A were fetching at the time (AED 1,088). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 116's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,075,000
26 Oct 20261,175,000
10 Sep 20261,200,000
3 Jun 20261,025,000
13 2-bed sales 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

116, Safi Apartments 1A in numbers

  • Sold twice: first on 13 October 2015 for AED 745,888, last on 14 October 2025 for AED 1,100,000 (AED 1,181 per sqft).
  • Rented since September 2019 on 10 Ejari contracts, from AED 48,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2025 price is 6.8%, before a service charge of about AED 14,200 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 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 20 October 2026.

Questions about 116, Safi Apartments 1A

What did unit 116 last sell for?

AED 1,100,000 on 14 October 2025: AED 1,181 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 745,888 in October 2015.

What is the rent for unit 116?

AED 75,000 a year on the contract signed on 20 October 2026. The previous contract, from July 2026, was AED 85,000; the unit has been rented since September 2019.

How big is unit 116?

931 sqft (86.5 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 116, Safi Apartments 1A

Starts from the last sale price (AED 1.1M, 14 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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