3-bed · 2,257 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

118, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 118 · DLD and Ejari recordsUpdated 13 May 2025
Last soldAED 1.83M13 May 2025
Current rentAED 78K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 118, Safi Apartments 1A

What is 118 worth today?

Last sold for AED 1,825,000 in 2025

Unlock today's estimate, updated daily, with

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

13 May 2025SoldReady
AED 1,825,000AED 808 per sqft
20 Mar 2024SoldReady
AED 1,650,000AED 730 per sqft
1 Feb 2023RentedRenewal
AED 78,000/yr12 months · AED 35 per sqft
1 Feb 2022RentedNew contract
AED 78,000/yr12 months · AED 35 per sqft
5 Jul 2021RentedNew contract
AED 75,000/yr12 months · AED 33 per sqft
5 Jul 2020RentedRenewal
AED 75,000/yr12 months · AED 33 per sqft
5 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 38 per sqft
19 Oct 2015Sold by developerOff-plan
AED 1,575,888AED 698 per sqft

Source: Dubai Land Department. Updated 13 May 2025.

Key facts

Type
3-bed apartment
Size
2,257 sqft
Floor
1st of 7
Parking
P-261,P-22
Developer
Nshmi Development
Completed
2018
Service charge
AED 34,500 /yr
Last sold
AED 1.83M · May 2025

About 118, Safi Apartments 1A

118 is a three-bedroom apartment of 2,257 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 13 May 2025 for AED 1,825,000, or AED 808 per sqft, 19% below the AED 993 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 78,000 a year: a gross yield of 4.3% on the 2025 price, before the service charge of about AED 34,500 a year.

Sales and rents for 118 over time

Sales
Unit 118, each saleTypical three-bed in Safi Apartments 1A
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,182,888; 2016 AED 1,171,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,018,888; 2024 AED 1,450,000; 2025 AED 1,600,000; 2026 AED 1,765,000Sold by developer, October 2015: AED 1,575,888 (AED 698 per sqft)Sold, March 2024: AED 1,650,000 (AED 730 per sqft)Sold, May 2025: AED 1,825,000 (AED 808 per sqft)

118 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 118, each contractTypical three-bed in Safi Apartments 1A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 68,500; 2022 AED 74,750; 2023 AED 80,000; 2024 AED 91,100; 2025 AED 110,000; 2026 AED 120,000New contract, July 2019: AED 85,000 a yearRenewal, July 2020: AED 75,000 a yearNew contract, July 2021: AED 75,000 a yearNew contract, February 2022: AED 78,000 a yearRenewal, February 2023: AED 78,000 a year

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

3-beds in Safi Apartments 1A, and where 118 sits

All 38 3-beds →

118 last sold in May 2025 at AED 808 per sqft, 19% below what three-beds in Safi Apartments 1A were fetching at the time (AED 993). Over the last 12 months three-beds sold for AED 1,680,000 to 2,050,000, around AED 1,243 per sqft, and rent for AED 60,000 to 175,000 a year. 118's AED 78,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20261,680,000
22 May 20262,050,000
10 Feb 20261,765,000
18 Sep 20251,650,000
3 3-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

118, Safi Apartments 1A in numbers

  • Sold 3 times: first on 19 October 2015 for AED 1,575,888, last on 13 May 2025 for AED 1,825,000 (AED 808 per sqft).
  • Rented since July 2019 on 5 Ejari contracts, from AED 85,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2025 price is 4.3%, before a service charge of about AED 34,500 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 1A sold for AED 1,680,000–2,050,000 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 13 May 2025.

Questions about 118, Safi Apartments 1A

What did unit 118 last sell for?

AED 1,825,000 on 13 May 2025: AED 808 per sqft for 2,257 sqft. The unit has 3 registered sales; the first was AED 1,575,888 in October 2015.

What is the rent for unit 118?

AED 78,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 78,000; the unit has been rented since July 2019.

How big is unit 118?

2,257 sqft (209.7 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 118 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1A sold for AED 1,680,000 to 2,050,000 in the last 12 months, around AED 1,243 per sqft.

Selling 118? 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 118, Safi Apartments 1A

Starts from the last sale price (AED 1.83M, 13 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,825,000
Deposit, UAE resident (20%)
AED 365,000
Deposit, non-resident (40%)
AED 730,000
Monthly over 25 years at 3.7%
AED 7,467

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