122, Safi Apartments 1A
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 122, Safi Apartments 1A
What is 122 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,470 sqft
- Floor
- 1st of 7
- Parking
- P-254
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 22,500 /yr
- Last sold
- AED 1000K · October 2015
- Building
- Safi Apartments 1A
About 122, Safi Apartments 1A
122 is a two-bedroom apartment of 1,470 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 19 October 2015 for AED 999,888, or AED 680 per sqft, 21% below the AED 859 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 75,000 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 22,500 a year.
Sales and rents for 122 over time
122 has sold once; the dashed line is the two-bed median of each year in the building.
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 122 sits
All 97 2-beds →122 last sold in October 2015 at AED 680 per sqft, 21% below what two-beds in Safi Apartments 1A were fetching at the time (AED 859). 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. 122's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 883 sqft | 1,075,000 | 1,217 | ||
| 26 Oct 202626 October 2026 | 937 sqft | 1,175,000 | 1,254 | ||
| 10 Sep 202610 September 2026 | 1,002 sqft | 1,200,000 | 1,197 | ||
| 3 Jun 20263 June 2026 | 928 sqft | 1,025,000 | 1,104 |
Safi Apartments 1A
Building156 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%
Other units on the 1st floor
All 156 units in Safi Apartments 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,391 sqft | AED 995KAED 994,888 · May 2017May 2017 | 79,000 /yr | |
| 102 | 3-bed | 2,257 sqft | AED 2.05MAED 2,050,000 · May 2026May 2026 | 125,000 /yr | |
| 103 | 2-bed | 1,581 sqft | AED 1.25MAED 1,245,000 · Jul 2025July 2025 | 66,000 /yr | |
| 104 | 2-bed | 931 sqft | AED 1.03MAED 1,030,000 · Jan 2026January 2026 | 58,212 /yr | |
| 105 | 2-bed | 1,214 sqft | AED 800KAED 799,888 · Oct 2015October 2015 | ||
| 106 | 3-bed | 1,431 sqft | AED 1000KAED 999,888 · Jul 2020July 2020 | 115,000 /yr | |
| 107 | 2-bed | 1,071 sqft | AED 815KAED 815,000 · Jun 2024June 2024 | 50,000 /yr | |
| 108 | 3-bed | 1,394 sqft | AED 1.17MAED 1,165,888 · Oct 2015October 2015 | 90,653 /yr | |
| 109 | Studio | 327 sqft | AED 475KAED 475,000 · Jun 2026June 2026 | 48,000 /yr | |
| 110 | Studio | 320 sqft | AED 350KAED 349,988 · Sep 2015September 2015 | 37,000 /yr | |
| 111 | Studio | 330 sqft | AED 343KAED 343,000 · Mar 2017March 2017 | 42,000 /yr | |
| 112 | Studio | 331 sqft | AED 500KAED 500,000 · Oct 2024October 2024 | 36,000 /yr | |
| 113 | 2-bed | 1,071 sqft | AED 791KAED 790,888 · Jul 2020July 2020 | 80,000 /yr | |
| 114 | 3-bed | 1,431 sqft | AED 1.45MAED 1,445,888 · Dec 2017December 2017 | ||
| 115 | 2-bed | 1,214 sqft | AED 690KAED 690,000 · Mar 2021March 2021 | 47,000 /yr | |
| 116 | 2-bed | 931 sqft | AED 1.1MAED 1,100,000 · Oct 2025October 2025 | 75,000 /yr | |
| 117 | 2-bed | 1,566 sqft | AED 1.4MAED 1,400,000 · Jul 2025July 2025 | 65,000 /yr | |
| 118 | 3-bed | 2,257 sqft | AED 1.83MAED 1,825,000 · May 2025May 2025 | 78,000 /yr | |
| 119 | 2-bed | 1,391 sqft | AED 1.28MAED 1,280,000 · Nov 2025November 2025 | 85,000 /yr | |
| 120 | 3-bed | 1,767 sqft | AED 1.64MAED 1,635,000 · Dec 2024December 2024 | 135,000 /yr | |
| 121 | 2-bed | 1,456 sqft | AED 854KAED 853,888 · Jun 2016June 2016 | 110,000 /yr | |
| 123 | 3-bed | 1,769 sqft | AED 1.3MAED 1,299,888 · Oct 2015October 2015 | 128,000 /yr |
122, Safi Apartments 1A in numbers
- Sold once: by Nshmi Development on 19 October 2015 for AED 999,888, or AED 680 per sqft.
- Rented since December 2019 on 6 Ejari contracts, from AED 60,000 to AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 22,500 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 May 2026.
Questions about 122, Safi Apartments 1A
What did unit 122 last sell for?
AED 999,888 on 19 October 2015, sold by the developer: AED 680 per sqft for 1,470 sqft. It is the only registered sale of the unit.
What is the rent for unit 122?
AED 75,000 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 75,000; the unit has been rented since December 2019.
How big is unit 122?
1,470 sqft (136.6 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.
What is unit 122 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 122, Safi Apartments 1A
Starts from the last sale price (AED 1000K, 19 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 999,888
- Deposit, UAE resident (20%)
- AED 199,978
- Deposit, non-resident (40%)
- AED 399,955
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →