2-bed · 881 sqftSafi Apartments 1A, Town Square · 3rd floor · completed 2018

312, Safi Apartments 1A

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 312 · DLD and Ejari recordsUpdated 9 May 2023

Last soldAED 500K2 March 2020

Current rentAED 44K /yr9 May 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 312, Safi Apartments 1A

Today

What is 312 worth today?

Last sold for AED 500,000 in 2020

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9 May 2023

9 May 2023RentedRenewal

AED 44,003/yr8 months · AED 50 per sqft

9 May 2022

9 May 2022RentedRenewal

AED 44,000/yr12 months · AED 50 per sqft

9 May 2021

9 May 2021RentedNew contract

AED 44,000/yr12 months · AED 50 per sqft

10 May 2020

10 May 2020RentedNew contract

AED 44,000/yr12 months · AED 50 per sqft

2 Mar 2020

2 Mar 2020SoldReady

AED 500,000AED 567 per sqft

19 Oct 2015

19 Oct 2015Sold by developerOff-plan

AED 797,888AED 905 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type: 2-bed apartment
Size: 881 sqft
Floor: 3rd of 7
Parking: G-239 , G-266
Developer: Nshmi Development
Completed: 2018
Service charge: AED 13,500 /yr
Last sold: AED 500K · March 2020
Building: Safi Apartments 1A

About 312, Safi Apartments 1A

312 is a two-bedroom apartment of 881 sqft on the 3rd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 2 March 2020 for AED 500,000, or AED 567 per sqft, 19% below the AED 699 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 9 May 2023, is AED 44,003 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 13,500 a year.

Sales and rents for 312 over time

Sales

Unit 312, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 312, each contractTypical two-bed in Safi Apartments 1A

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 312 sits

All 97 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,197 /sqft Safi Apartments 1A · all types1,217 /sqft

312 last sold in March 2020 at AED 567 per sqft, 19% below what two-beds in Safi Apartments 1A were fetching at the time (AED 699). 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. 312's AED 44,003 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

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 3rd floor

All 156 units in Safi Apartments 1A


301	2-bed	937 sqft	AED 1.18MAED 1,175,000 · Oct 2026October 2026	58,212 /yr
302	3-bed	1,419 sqft	AED 1MAED 1,000,000 · Sep 2020September 2020	65,000 /yr
303	2-bed	963 sqft	AED 880KAED 880,000 · Jul 2024July 2024	65,000 /yr
304	2-bed	931 sqft	AED 826KAED 826,000 · Apr 2024April 2024	85,000 /yr
305	2-bed	882 sqft	AED 650KAED 650,000 · Jun 2021June 2021	78,000 /yr
306	3-bed	1,412 sqft	AED 1.4MAED 1,400,000 · Feb 2025February 2025	88,000 /yr
307	2-bed	881 sqft	AED 650KAED 650,000 · May 2021May 2021	90,000 /yr
308	2-bed	1,002 sqft	AED 840KAED 840,000 · May 2023May 2023	54,000 /yr
309	1-bed	687 sqft	AED 730KAED 730,000 · Nov 2024November 2024	30,000 /yr
310	1-bed	687 sqft	AED 828KAED 828,000 · Jun 2025June 2025	62,000 /yr
311	2-bed	1,002 sqft	AED 1.2MAED 1,200,000 · Sep 2026September 2026	95,000 /yr
313	3-bed	1,412 sqft	AED 1.18MAED 1,179,888 · Oct 2015October 2015	105,000 /yr
314	2-bed	882 sqft	AED 840KAED 840,000 · Mar 2024March 2024	80,000 /yr
315	2-bed	931 sqft	AED 1.1MAED 1,095,000 · Jan 2025January 2025	85,000 /yr
316	2-bed	964 sqft	AED 680KAED 680,000 · Jul 2021July 2021	45,000 /yr
317	3-bed	1,419 sqft	AED 1.17MAED 1,171,888 · Oct 2016October 2016	175,000 /yr
318	2-bed	937 sqft	AED 824KAED 823,888 · Oct 2015October 2015	90,000 /yr
319	1-bed	573 sqft	AED 710KAED 710,000 · Aug 2024August 2024	53,000 /yr
320	2-bed	977 sqft	AED 811KAED 810,888 · Oct 2015October 2015	90,000 /yr
321	2-bed	1,040 sqft	AED 918KAED 917,888 · Oct 2015October 2015	84,000 /yr
322	2-bed	905 sqft	AED 660KAED 660,000 · Nov 2019November 2019	87,000 /yr
323	3-bed	1,340 sqft	AED 1.13MAED 1,125,888 · May 2018May 2018	120,000 /yr

1–7 of 22

312, Safi Apartments 1A in numbers

Sold twice: first on 19 October 2015 for AED 797,888, last on 2 March 2020 for AED 500,000 (AED 567 per sqft).
Rented since May 2020 on 4 Ejari contracts, from AED 44,000 to AED 44,003 a year.
At AED 44,003 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 13,500 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 9 May 2023.

Questions about 312, Safi Apartments 1A

What did unit 312 last sell for?

AED 500,000 on 2 March 2020: AED 567 per sqft for 881 sqft. The unit has 2 registered sales; the first was AED 797,888 in October 2015.

What is the rent for unit 312?

AED 44,003 a year on the contract renewed on 9 May 2023. The previous contract, from May 2022, was AED 44,000; the unit has been rented since May 2020.

How big is unit 312?

881 sqft (81.8 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 312 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 312, Safi Apartments 1A

Starts from the last sale price (AED 500K, 2 March 2020). Switch to today's estimate once you have unlocked it.

Price: AED 500,000
Deposit, UAE resident (20%): AED 100,000
Deposit, non-resident (40%): AED 200,000
Monthly over 25 years at 3.7%: AED 2,046

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