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3-bed · 1,431 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

107, Safi Apartments 1B

Sold prices and rental history: sold twice, last in September 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 29 September 2022
Last soldAED 580K29 September 2022
Current rentAED 70K /yr15 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 107, Safi Apartments 1B

What is 107 worth today?

Last sold for AED 580,000 in 2022

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29 Sep 2022SoldReady
AED 580,000AED 405 per sqft
15 Jan 2021RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
15 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft
19 Oct 2015Sold by developerOff-plan
AED 1,121,888AED 784 per sqft

Source: Dubai Land Department. Updated 29 September 2022.

Key facts

Type
3-bed apartment
Size
1,431 sqft
Floor
1st of 7
Parking
P-464
Developer
Nshmi Development
Completed
2018
Last sold
AED 580K · September 2022
Building
Safi Apartments 1B

About 107, Safi Apartments 1B

107 is a three-bedroom apartment of 1,431 sqft on the 1st floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 29 September 2022 for AED 580,000, or AED 405 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 January 2021, is AED 70,000 a year: a gross yield of 12.1% on the 2022 price.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical three-bed in Safi Apartments 1B
1M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,341,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,150,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, October 2015: AED 1,121,888 (AED 784 per sqft)Sold, September 2022: AED 580,000 (AED 405 per sqft)

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

Rents
Unit 107, each contractTypical three-bed in Safi Apartments 1B
100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 74,775; 2023 AED 84,500; 2024 AED 108,000; 2025 AED 120,000; 2026 AED 125,000New contract, September 2019: AED 75,000 a yearNew contract, January 2021: AED 70,000 a year

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

3-beds in Safi Apartments 1B, and where 107 sits

All 37 3-beds →

Over the last 12 months three-beds sold for AED 1,660,000 to 1,800,000, around AED 1,253 per sqft, and rent for AED 114,000 to 220,000 a year. 107's AED 70,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20261,800,000
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
2 3-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
1061-bedAED 650K · Oct 2015
1082-bedAED 819K · Oct 2015
1–7 of 27

107, Safi Apartments 1B in numbers

  • Sold twice: first on 19 October 2015 for AED 1,121,888, last on 29 September 2022 for AED 580,000 (AED 405 per sqft).
  • Rented since September 2019 on 2 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2022 price is 12.1%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,800,000 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 29 September 2022.

Questions about 107, Safi Apartments 1B

What did unit 107 last sell for?

AED 580,000 on 29 September 2022: AED 405 per sqft for 1,431 sqft. The unit has 2 registered sales; the first was AED 1,121,888 in October 2015.

What is the rent for unit 107?

AED 70,000 a year on the contract signed on 15 January 2021. The previous contract, from September 2019, was AED 75,000.

How big is unit 107?

1,431 sqft (132.9 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 107 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1B sold for AED 1,660,000 to 1,800,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 107, Safi Apartments 1B

Starts from the last sale price (AED 580K, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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