3-bed · 1,767 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

120, Safi Apartments 1A

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

Unit 120 · DLD and Ejari recordsUpdated 24 November 2025
Last soldAED 1.64M27 December 2024
Current rentAED 135K /yr24 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 120, Safi Apartments 1A

What is 120 worth today?

Last sold for AED 1,635,000 in 2024

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24 Nov 2025RentedNew contract
AED 135,000/yr12 months · AED 76 per sqft
27 Dec 2024SoldReady
AED 1,635,000AED 925 per sqft
25 Feb 2024RentedRenewal
AED 80,000/yr12 months · AED 45 per sqft
25 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 45 per sqft
25 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 45 per sqft
1 Aug 2021RentedRenewal
AED 75,000/yr6 months · AED 42 per sqft
1 Aug 2020RentedRenewal
AED 75,000/yr12 months · AED 42 per sqft
1 Aug 2019RentedNew contract
AED 82,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 24 November 2025.

Key facts

Type
3-bed apartment
Size
1,767 sqft
Floor
1st of 7
Parking
P-263
Developer
Nshmi Development
Completed
2018
Service charge
AED 27,000 /yr
Last sold
AED 1.64M · December 2024

About 120, Safi Apartments 1A

120 is a three-bedroom apartment of 1,767 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 27 December 2024 for AED 1,635,000, or AED 925 per sqft, 7% below the AED 990 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 24 November 2025, is AED 135,000 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 27,000 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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 1,299,888 (AED 735 per sqft)Sold, December 2024: AED 1,635,000 (AED 925 per sqft)

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

Rents
Unit 120, each contractTypical three-bed in Safi Apartments 1A
100K20192021202320252027Typical 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, August 2019: AED 82,000 a yearRenewal, August 2020: AED 75,000 a yearRenewal, August 2021: AED 75,000 a yearNew contract, February 2022: AED 80,000 a yearRenewal, February 2023: AED 80,000 a yearRenewal, February 2024: AED 80,000 a yearNew contract, November 2025: AED 135,000 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 120 sits

All 38 3-beds →

120 last sold in December 2024 at AED 925 per sqft, 7% below what three-beds in Safi Apartments 1A were fetching at the time (AED 990). 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. 120's AED 135,000 is in the upper 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

120, Safi Apartments 1A in numbers

  • Sold twice: first on 13 October 2015 for AED 1,299,888, last on 27 December 2024 for AED 1,635,000 (AED 925 per sqft).
  • Rented since August 2019 on 7 Ejari contracts, from AED 82,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 27,000 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 24 November 2025.

Questions about 120, Safi Apartments 1A

What did unit 120 last sell for?

AED 1,635,000 on 27 December 2024: AED 925 per sqft for 1,767 sqft. The unit has 2 registered sales; the first was AED 1,299,888 in October 2015.

What is the rent for unit 120?

AED 135,000 a year on the contract signed on 24 November 2025. The previous contract, from February 2024, was AED 80,000; the unit has been rented since August 2019.

How big is unit 120?

1,767 sqft (164.2 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 120 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.

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Mortgage on 120, Safi Apartments 1A

Starts from the last sale price (AED 1.64M, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,635,000
Deposit, UAE resident (20%)
AED 327,000
Deposit, non-resident (40%)
AED 654,000
Monthly over 25 years at 3.7%
AED 6,689

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