2-bed · 1,584 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

103, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 900K26 October 2015
Current rentAED 80K /yr15 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Safi Apartments 1B

What is 103 worth today?

Last sold for AED 899,888 in 2015

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15 Jun 2026RentedNew contract
AED 80,000/yr24 months · AED 51 per sqft
15 Jun 2025RentedRenewal
AED 72,500/yr12 months · AED 46 per sqft
15 Jun 2025RentedRenewal
AED 72,500/yr12 months · AED 46 per sqft
15 Jun 2024RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
15 Jun 2023RentedRenewal
AED 67,000/yr12 months · AED 42 per sqft
15 Jun 2022RentedNew contract
AED 65,000/yr12 months · AED 41 per sqft
6 Jun 2021RentedNew contract
AED 59,000/yr12 months · AED 37 per sqft
26 Oct 2015Sold by developerOff-plan
AED 899,888AED 568 per sqft

Source: Dubai Land Department. Updated 15 June 2026.

Key facts

Type
2-bed apartment
Size
1,584 sqft
Floor
1st of 7
Parking
P-462
Developer
Nshmi Development
Completed
2018
Last sold
AED 900K · October 2015

About 103, Safi Apartments 1B

103 is a two-bedroom apartment of 1,584 sqft on the 1st floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 26 October 2015 for AED 899,888, or AED 568 per sqft, 35% below the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 15 June 2026, is AED 80,000 a year: a gross yield of 8.9% on the 2015 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 813,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,160,000; 2026 AED 1,190,000Sold by developer, October 2015: AED 899,888 (AED 568 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,750; 2023 AED 55,220; 2024 AED 68,250; 2025 AED 78,750; 2026 AED 80,000New contract, June 2021: AED 59,000 a yearNew contract, June 2022: AED 65,000 a yearRenewal, June 2023: AED 67,000 a yearRenewal, June 2024: AED 70,000 a yearRenewal, June 2025: AED 72,500 a yearRenewal, June 2025: AED 72,500 a yearNew contract, June 2026: AED 80,000 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 1B, and where 103 sits

All 67 2-beds →

103 last sold in October 2015 at AED 568 per sqft, 35% below what two-beds in Safi Apartments 1B were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 987,000 to 1,200,000, around AED 1,276 per sqft, and rent for AED 61,365 to 115,000 a year. 103's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
4 Sep 20261,100,000
15 May 2026987,000
13 Mar 20261,200,000
10 2-bed sales in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,276 Up 8.0%
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.1%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 181 units in Safi Apartments 1B
Value
1012-bedAED 995K · May 2017
1023-bedAED 1.78M · Jul 2025
1042-bedAED 821K · Jul 2020
105StudioAED 350K · Jun 2023
1061-bedAED 650K · Oct 2015
1073-bedAED 580K · Sep 2022
1082-bedAED 819K · Oct 2015
1–7 of 27

103, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 26 October 2015 for AED 899,888, or AED 568 per sqft.
  • Rented since June 2021 on 7 Ejari contracts, from AED 59,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 8.9%.
  • Two-beds in Safi Apartments 1B sold for AED 987,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,276 per sqft.

Source: Dubai Land Department. Updated 15 June 2026.

Questions about 103, Safi Apartments 1B

What did unit 103 last sell for?

AED 899,888 on 26 October 2015, sold by the developer: AED 568 per sqft for 1,584 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 80,000 a year on the contract signed on 15 June 2026. The previous contract, from June 2025, was AED 72,500; the unit has been rented since June 2021.

How big is unit 103?

1,584 sqft (147.2 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 103 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 1B sold for AED 987,000 to 1,200,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 103, Safi Apartments 1B

Starts from the last sale price (AED 900K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 899,888
Deposit, UAE resident (20%)
AED 179,978
Deposit, non-resident (40%)
AED 359,955
Monthly over 25 years at 3.7%
AED 3,682

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