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1-bed · 848 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

106, Safi Apartments 1B

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 106 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 650K26 October 2015
Current rentAED 60K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 106, Safi Apartments 1B

What is 106 worth today?

Last sold for AED 649,888 in 2015

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10 Jun 2026RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
10 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
10 Jun 2025RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
28 Apr 2024RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft
20 Mar 2023RentedRenewal
AED 40,150/yr12 months · AED 47 per sqft
20 Mar 2022RentedNew contract
AED 36,500/yr12 months · AED 43 per sqft
12 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
28 May 2019RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
1st of 7
Parking
P-461
Developer
Nshmi Development
Completed
2018
Last sold
AED 650K · October 2015
Building
Safi Apartments 1B

About 106, Safi Apartments 1B

106 is a one-bedroom apartment of 848 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 649,888, or AED 766 per sqft, 14% below the AED 889 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 60,000 a year: a gross yield of 9.2% on the 2015 price.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, October 2015: AED 649,888 (AED 766 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, May 2019: AED 42,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, March 2022: AED 36,500 a yearRenewal, March 2023: AED 40,150 a yearNew contract, April 2024: AED 70,000 a yearNew contract, June 2025: AED 60,000 a yearNew contract, June 2025: AED 60,000 a yearRenewal, June 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 1B, and where 106 sits

All 55 1-beds →

106 last sold in October 2015 at AED 766 per sqft, 14% below what one-beds in Safi Apartments 1B were fetching at the time (AED 889). 106's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-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
1042-bedAED 821K · Jul 2020
105StudioAED 350K · Jun 2023
1073-bedAED 580K · Sep 2022
1082-bedAED 819K · Oct 2015
1–7 of 27

106, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 26 October 2015 for AED 649,888, or AED 766 per sqft.
  • Rented since May 2019 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 30,000 in 2021 and recovered to AED 60,000 by June 2026.
  • At AED 60,000 a year the gross yield on the 2015 price is 9.2%.

Source: Dubai Land Department. Updated 10 June 2026.

Questions about 106, Safi Apartments 1B

What did unit 106 last sell for?

AED 649,888 on 26 October 2015, sold by the developer: AED 766 per sqft for 848 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 60,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 60,000; the unit has been rented since May 2019.

How big is unit 106?

848 sqft (78.8 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 106, Safi Apartments 1B

Starts from the last sale price (AED 650K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 649,888
Deposit, UAE resident (20%)
AED 129,978
Deposit, non-resident (40%)
AED 259,955
Monthly over 25 years at 3.7%
AED 2,659

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