2-bed · 929 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

104, Safi Apartments 1B

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

Unit 104 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 821K21 July 2020
Current rentAED 80K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Safi Apartments 1B

What is 104 worth today?

Last sold for AED 820,888 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Aug 2026RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
10 Aug 2025RentedRenewal
AED 80,000/yr12 months · AED 86 per sqft
10 Aug 2024RentedNew contract
AED 70,350/yr12 months · AED 76 per sqft
20 Jul 2023RentedNew contract
AED 67,000/yr12 months · AED 72 per sqft
2 Jan 2023RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
30 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
15 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
21 Jul 2020Sold by developerReady
AED 820,888AED 883 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
1st of 7
Parking
P-463
Developer
Nshmi Development
Completed
2018
Last sold
AED 821K · July 2020

About 104, Safi Apartments 1B

104 is a two-bedroom apartment of 929 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 21 July 2020 for AED 820,888, or AED 883 per sqft, 20% above the AED 733 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 80,000 a year: a gross yield of 9.8% on the 2020 price.

Sales and rents for 104 over time

Sales
Unit 104, 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, July 2020: AED 820,888 (AED 883 per sqft)

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

Rents
Unit 104, each contractTypical two-bed in Safi Apartments 1B
40K60K80K201920222025Typical 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, November 2020: AED 40,000 a yearNew contract, November 2021: AED 45,000 a yearNew contract, January 2023: AED 55,000 a yearNew contract, July 2023: AED 67,000 a yearNew contract, August 2024: AED 70,350 a yearRenewal, August 2025: AED 80,000 a yearRenewal, August 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 104 sits

All 67 2-beds →

104 last sold in July 2020 at AED 883 per sqft, 20% above what two-beds in Safi Apartments 1B were fetching at the time (AED 733). 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. 104'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
1032-bedAED 900K · Oct 2015
105StudioAED 350K · Jun 2023
1061-bedAED 650K · Oct 2015
1073-bedAED 580K · Sep 2022
1082-bedAED 819K · Oct 2015
1–7 of 27

104, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 21 July 2020 for AED 820,888, or AED 883 per sqft.
  • Rented since November 2020 on 7 Ejari contracts, from AED 40,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2020 price is 9.8%.
  • 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 10 August 2026.

Questions about 104, Safi Apartments 1B

What did unit 104 last sell for?

AED 820,888 on 21 July 2020, sold by the developer: AED 883 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 80,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since November 2020.

How big is unit 104?

929 sqft (86.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 104 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.

Selling 104? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 104, Safi Apartments 1B

Starts from the last sale price (AED 821K, 21 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 820,888
Deposit, UAE resident (20%)
AED 164,178
Deposit, non-resident (40%)
AED 328,355
Monthly over 25 years at 3.7%
AED 3,359

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