2-bed · 1,566 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

117, Safi Apartments 1A

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 1.4M31 July 2025
Current rentAED 65K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Safi Apartments 1A

What is 117 worth today?

Last sold for AED 1,400,000 in 2025

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31 Jul 2025SoldReady
AED 1,400,000AED 893 per sqft
1 May 2024RentedRenewal
AED 65,000/yr12 months · AED 41 per sqft
1 May 2023RentedRenewal
AED 65,000/yr12 months · AED 41 per sqft
1 May 2022RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft
1 Apr 2021RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
1 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 35 per sqft
19 Oct 2016Sold by developerOff-plan
AED 960,888AED 613 per sqft

Source: Dubai Land Department. Updated 31 July 2025.

Key facts

Type
2-bed apartment
Size
1,566 sqft
Floor
1st of 7
Parking
P-260
Developer
Nshmi Development
Completed
2018
Service charge
AED 23,900 /yr
Last sold
AED 1.4M · July 2025

About 117, Safi Apartments 1A

117 is a two-bedroom apartment of 1,566 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 31 July 2025 for AED 1,400,000, or AED 893 per sqft, 14% below the AED 1,036 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 65,000 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 23,900 a year.

Sales and rents for 117 over time

Sales
Unit 117, each saleTypical two-bed in Safi Apartments 1A
1M1.5M20152018202120242027Typical 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 2016: AED 960,888 (AED 613 per sqft)Sold, July 2025: AED 1,400,000 (AED 893 per sqft)

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

Rents
Unit 117, each contractTypical two-bed in Safi Apartments 1A
40K60K80K20192021202320252027Typical 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, April 2020: AED 55,000 a yearRenewal, April 2021: AED 55,000 a yearNew contract, May 2022: AED 65,000 a yearRenewal, May 2023: AED 65,000 a yearRenewal, May 2024: AED 65,000 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 117 sits

All 97 2-beds →

117 last sold in July 2025 at AED 893 per sqft, 14% below what two-beds in Safi Apartments 1A were fetching at the time (AED 1,036). 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. 117's AED 65,000 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

117, Safi Apartments 1A in numbers

  • Sold twice: first on 19 October 2016 for AED 960,888, last on 31 July 2025 for AED 1,400,000 (AED 893 per sqft).
  • Rented since April 2020 on 5 Ejari contracts, from AED 55,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2025 price is 4.6%, before a service charge of about AED 23,900 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 31 July 2025.

Questions about 117, Safi Apartments 1A

What did unit 117 last sell for?

AED 1,400,000 on 31 July 2025: AED 893 per sqft for 1,566 sqft. The unit has 2 registered sales; the first was AED 960,888 in October 2016.

What is the rent for unit 117?

AED 65,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2023, was AED 65,000; the unit has been rented since April 2020.

How big is unit 117?

1,566 sqft (145.5 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 117 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 117, Safi Apartments 1A

Starts from the last sale price (AED 1.4M, 31 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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