2-bed · 937 sqftSafi Apartments 1A, Town Square · 3rd floor · completed 2018

318, 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.

Unit 318 · DLD and Ejari recordsUpdated 18 February 2026
Last soldAED 824K19 October 2015
Current rentAED 90K /yr18 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Safi Apartments 1A

What is 318 worth today?

Last sold for AED 823,888 in 2015

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18 Feb 2026RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
1 Aug 2024RentedRenewal
AED 58,080/yr12 months · AED 62 per sqft
1 Aug 2023RentedRenewal
AED 52,800/yr12 months · AED 56 per sqft
1 Aug 2022RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft
1 Aug 2021RentedRenewal
AED 43,000/yr12 months · AED 46 per sqft
1 Aug 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
4 Jul 2019RentedNew contract
AED 60,000/yr13 months · AED 64 per sqft
4 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 18 February 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
3rd of 7
Parking
G-274,P-29
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 824K · October 2015

About 318, Safi Apartments 1A

318 is a two-bedroom apartment of 937 sqft on the 3rd 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 823,888, or AED 879 per sqft, in line with the AED 859 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 18 February 2026, is AED 90,000 a year: a gross yield of 10.9% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, October 2015: AED 823,888 (AED 879 per sqft)

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

Rents
Unit 318, each contractTypical two-bed in Safi Apartments 1A
50K75K20192021202320252027Typical 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, July 2019: AED 60,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, August 2020: AED 45,000 a yearRenewal, August 2021: AED 43,000 a yearRenewal, August 2022: AED 48,000 a yearRenewal, August 2023: AED 52,800 a yearRenewal, August 2024: AED 58,080 a yearNew contract, February 2026: AED 90,000 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 318 sits

All 97 2-beds →

318 last sold in October 2015 at AED 879 per sqft, in line with 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. 318's AED 90,000 is in the upper half 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 3rd floor

All 156 units in Safi Apartments 1A
Value
3012-bedAED 1.18M · Oct 2026
3023-bedAED 1M · Sep 2020
3032-bedAED 880K · Jul 2024
3042-bedAED 826K · Apr 2024
3052-bedAED 650K · Jun 2021
3063-bedAED 1.4M · Feb 2025
3072-bedAED 650K · May 2021
1–7 of 22

318, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 823,888, or AED 879 per sqft.
  • Rented since July 2019 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 43,000 in 2021 and recovered to AED 90,000 by February 2026.
  • At AED 90,000 a year the gross yield on the 2015 price is 10.9%, before a service charge of about AED 14,300 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 18 February 2026.

Questions about 318, Safi Apartments 1A

What did unit 318 last sell for?

AED 823,888 on 19 October 2015, sold by the developer: AED 879 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 318?

AED 90,000 a year on the contract signed on 18 February 2026. The previous contract, from August 2024, was AED 58,080; the unit has been rented since July 2019.

How big is unit 318?

937 sqft (87.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 318 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 318, Safi Apartments 1A

Starts from the last sale price (AED 824K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 823,888
Deposit, UAE resident (20%)
AED 164,778
Deposit, non-resident (40%)
AED 329,555
Monthly over 25 years at 3.7%
AED 3,371

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