2-bed · 1,070 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

108, 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 108 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 819K19 October 2015
Current rentAED 68K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Safi Apartments 1B

What is 108 worth today?

Last sold for AED 818,888 in 2015

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1 Oct 2026RentedRenewal
AED 68,000/yr12 months · AED 64 per sqft
1 Oct 2025RentedRenewal
AED 67,000/yr12 months · AED 63 per sqft
1 Oct 2024RentedNew contract
AED 67,000/yr12 months · AED 63 per sqft
1 Oct 2023RentedRenewal
AED 57,000/yr12 months · AED 53 per sqft
1 Oct 2022RentedRenewal
AED 48,000/yr12 months · AED 45 per sqft
1 Oct 2021RentedRenewal
AED 42,000/yr12 months · AED 39 per sqft
1 Oct 2020RentedRenewal
AED 42,000/yr12 months · AED 39 per sqft
1 Oct 2019RentedNew contract
AED 48,000/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,070 sqft
Floor
1st of 7
Parking
P-465
Developer
Nshmi Development
Completed
2018
Last sold
AED 819K · October 2015

About 108, Safi Apartments 1B

108 is a two-bedroom apartment of 1,070 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 19 October 2015 for AED 818,888, or AED 764 per sqft, 13% below the AED 874 two-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 1 October 2026, is AED 68,000 a year: a gross yield of 8.3% on the 2015 price.

Sales and rents for 108 over time

Sales
Unit 108, 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 818,888 (AED 764 per sqft)

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

Rents
Unit 108, 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, October 2019: AED 48,000 a yearRenewal, October 2020: AED 42,000 a yearRenewal, October 2021: AED 42,000 a yearRenewal, October 2022: AED 48,000 a yearRenewal, October 2023: AED 57,000 a yearNew contract, October 2024: AED 67,000 a yearRenewal, October 2025: AED 67,000 a yearRenewal, October 2026: AED 68,000 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 108 sits

All 67 2-beds →

108 last sold in October 2015 at AED 764 per sqft, 13% 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. 108's AED 68,000 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
1042-bedAED 821K · Jul 2020
105StudioAED 350K · Jun 2023
1061-bedAED 650K · Oct 2015
1073-bedAED 580K · Sep 2022
1–7 of 27

108, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 818,888, or AED 764 per sqft.
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 42,000 in 2021 and recovered to AED 68,000 by October 2026.
  • At AED 68,000 a year the gross yield on the 2015 price is 8.3%.
  • 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 1 October 2026.

Questions about 108, Safi Apartments 1B

What did unit 108 last sell for?

AED 818,888 on 19 October 2015, sold by the developer: AED 764 per sqft for 1,070 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 68,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 67,000; the unit has been rented since October 2019.

How big is unit 108?

1,070 sqft (99.4 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 108 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 108, Safi Apartments 1B

Starts from the last sale price (AED 819K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 818,888
Deposit, UAE resident (20%)
AED 163,778
Deposit, non-resident (40%)
AED 327,555
Monthly over 25 years at 3.7%
AED 3,350

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