3-bed · 1,769 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

123, 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.

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Unit 123 · DLD and Ejari recordsUpdated 18 April 2026

Last soldAED 1.3M18 October 2015

Current rentAED 128K /yr18 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 123, Safi Apartments 1A

Today

What is 123 worth today?

Last sold for AED 1,299,888 in 2015

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18 Apr 2026

18 Apr 2026RentedRenewal

AED 128,000/yr12 months · AED 72 per sqft

18 Apr 2025

18 Apr 2025RentedNew contract

AED 128,000/yr12 months · AED 72 per sqft

18 Apr 2025

18 Apr 2025RentedNew contract

AED 128,000/yr12 months · AED 72 per sqft

1 Aug 2023

1 Aug 2023RentedNew contract

AED 105,000/yr12 months · AED 59 per sqft

11 Jul 2022

11 Jul 2022RentedNew contract

AED 78,000/yr12 months · AED 44 per sqft

11 Jul 2020

11 Jul 2020RentedRenewal

AED 82,000/yr12 months · AED 46 per sqft

11 Jul 2019

11 Jul 2019RentedNew contract

AED 82,000/yr12 months · AED 46 per sqft

18 Oct 2015

18 Oct 2015Sold by developerOff-plan

AED 1,299,888AED 734 per sqft

Source: Dubai Land Department. Updated 18 April 2026.

Key facts

Type: 3-bed apartment
Size: 1,769 sqft
Floor: 1st of 7
Parking: P-255
Developer: Nshmi Development
Completed: 2018
Service charge: AED 27,000 /yr
Last sold: AED 1.3M · October 2015
Building: Safi Apartments 1A

About 123, Safi Apartments 1A

123 is a three-bedroom apartment of 1,769 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 18 October 2015 for AED 1,299,888, or AED 734 per sqft, 12% below the AED 830 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 18 April 2026, is AED 128,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 27,000 a year.

Sales and rents for 123 over time

Sales

Unit 123, each saleTypical three-bed in Safi Apartments 1A

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

Rents

Unit 123, each contractTypical three-bed in Safi Apartments 1A

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 123 sits

All 38 3-beds →

3-beds in Safi Apartments 1A · last 12 months1,243 /sqft Safi Apartments 1A · all types1,217 /sqft

123 last sold in October 2015 at AED 734 per sqft, 12% below what three-beds in Safi Apartments 1A were fetching at the time (AED 830). 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. 123's AED 128,000 is in the upper half of that range.

Recent 3-bed sales	Size	Price (AED)	Per sqft
22 Oct 202622 October 2026	1,340 sqft	1,680,000	1,253
22 May 202622 May 2026	2,257 sqft	2,050,000	908
10 Feb 202610 February 2026	1,419 sqft	1,765,000	1,243
18 Sep 202518 September 2025	1,412 sqft	1,650,000	1,168

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


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
122	2-bed	1,470 sqft	AED 1000KAED 999,888 · Oct 2015October 2015	75,000 /yr

1–7 of 22

123, Safi Apartments 1A in numbers

Sold once: by Nshmi Development on 18 October 2015 for AED 1,299,888, or AED 734 per sqft.
Rented since July 2019 on 7 Ejari contracts, from AED 82,000 to AED 128,000 a year.
At AED 128,000 a year the gross yield on the 2015 price is 9.8%, 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 18 April 2026.

Questions about 123, Safi Apartments 1A

What did unit 123 last sell for?

AED 1,299,888 on 18 October 2015, sold by the developer: AED 734 per sqft for 1,769 sqft. It is the only registered sale of the unit.

What is the rent for unit 123?

AED 128,000 a year on the contract renewed on 18 April 2026. The previous contract, from April 2025, was AED 128,000; the unit has been rented since July 2019.

How big is unit 123?

1,769 sqft (164.3 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 123 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 123, Safi Apartments 1A

Starts from the last sale price (AED 1.3M, 18 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 1,299,888
Deposit, UAE resident (20%): AED 259,978
Deposit, non-resident (40%): AED 519,955
Monthly over 25 years at 3.7%: AED 5,318

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