2-bed · 1,456 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

121, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 854K23 June 2016
Current rentAED 110K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, Safi Apartments 1A

What is 121 worth today?

Last sold for AED 853,888 in 2016

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15 Oct 2026RentedRenewal
AED 110,000/yr12 months · AED 76 per sqft
15 Aug 2026RentedRenewal
AED 108,000/yr2 months · AED 74 per sqft
15 Oct 2025RentedNew contract
AED 110,400/yr10 months · AED 76 per sqft
8 Jun 2025RentedRenewal
AED 110,000/yr3 months · AED 76 per sqft
8 Jun 2025RentedRenewal
AED 110,000/yr3 months · AED 76 per sqft
8 Jun 2024RentedNew contract
AED 99,000/yr12 months · AED 68 per sqft
27 May 2020RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft
27 May 2019RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
1,456 sqft
Floor
1st of 7
Parking
P-346
Developer
Nshmi Development
Completed
2018
Service charge
AED 22,300 /yr
Last sold
AED 854K · June 2016

About 121, Safi Apartments 1A

121 is a two-bedroom apartment of 1,456 sqft on the 1st floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 23 June 2016 for AED 853,888, or AED 586 per sqft, 31% below the AED 853 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 110,000 a year: a gross yield of 12.9% on the 2016 price, before the service charge of about AED 22,300 a year.

Sales and rents for 121 over time

Sales
Unit 121, 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, June 2016: AED 853,888 (AED 586 per sqft)

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

Rents
Unit 121, each contractTypical two-bed in Safi Apartments 1A
50K100K201920222025Typical 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, May 2019: AED 75,000 a yearNew contract, May 2020: AED 75,000 a yearNew contract, June 2024: AED 99,000 a yearRenewal, June 2025: AED 110,000 a yearRenewal, June 2025: AED 110,000 a yearNew contract, October 2025: AED 110,400 a yearRenewal, August 2026: AED 108,000 a yearRenewal, October 2026: AED 110,000 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 121 sits

All 97 2-beds →

121 last sold in June 2016 at AED 586 per sqft, 31% below what two-beds in Safi Apartments 1A were fetching at the time (AED 853). 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. 121's AED 110,000 is at the top 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

121, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 23 June 2016 for AED 853,888, or AED 586 per sqft.
  • Rented since May 2019 on 8 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 12.9%, before a service charge of about AED 22,300 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 15 October 2026.

Questions about 121, Safi Apartments 1A

What did unit 121 last sell for?

AED 853,888 on 23 June 2016, sold by the developer: AED 586 per sqft for 1,456 sqft. It is the only registered sale of the unit.

What is the rent for unit 121?

AED 110,000 a year on the contract renewed on 15 October 2026. The previous contract, from August 2026, was AED 108,000; the unit has been rented since May 2019.

How big is unit 121?

1,456 sqft (135.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 121 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 121, Safi Apartments 1A

Starts from the last sale price (AED 854K, 23 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 853,888
Deposit, UAE resident (20%)
AED 170,778
Deposit, non-resident (40%)
AED 341,555
Monthly over 25 years at 3.7%
AED 3,494

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