Studio · 320 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

114, Safi Apartments 1B

Sold prices and rental history: sold twice, last in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 10 November 2019
Last soldAED 350K10 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, Safi Apartments 1B

What is 114 worth today?

Last sold for AED 350,000 in 2019

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10 Nov 2019SoldReady
AED 350,000AED 1,094 per sqft
19 Oct 2015Sold by developerOff-plan
AED 349,988AED 1,094 per sqft

Source: Dubai Land Department. Updated 10 November 2019.

Key facts

Type
Studio apartment
Size
320 sqft
Floor
1st of 7
Parking
G-329
Developer
Nshmi Development
Completed
2018
Last sold
AED 350K · November 2019

About 114, Safi Apartments 1B

114 is a studio of 320 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 10 November 2019 for AED 350,000, or AED 1,094 per sqft, 10% below the AED 1,214 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical studio in Safi Apartments 1B
350K400K450K2015201820212024Typical sale price by year: 2015 AED 365,888; 2016 AED 422,888; 2019 AED 400,888; 2020 AED 359,944; 2024 AED 450,000; 2025 AED 390,000Sold by developer, October 2015: AED 349,988 (AED 1,094 per sqft)Sold, November 2019: AED 350,000 (AED 1,094 per sqft)

114 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 114, each contractTypical studio in Safi Apartments 1B
20K30K20192021202320252027Typical rent by year: 2019 AED 26,000; 2020 AED 22,500; 2021 AED 22,000; 2022 AED 27,000; 2023 AED 28,321; 2024 AED 34,500; 2025 AED 36,000; 2026 AED 37,000

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

Studios in Safi Apartments 1B, and where 114 sits

All 22 studios →

114 last sold in November 2019 at AED 1,094 per sqft, 10% below what studios in Safi Apartments 1B were fetching at the time (AED 1,214). Over the last 12 months studios sold for AED 525,000 to 528,000, around AED 1,631 per sqft, and rent for AED 30,000 to 42,000 a year.

Recent studio salesUnit no.Price (AED)Summary
23 Mar 2026525,000
16 Mar 2026528,000
18 Sep 2025450,000
24 Jul 2025390,000
2 studio 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

114, Safi Apartments 1B in numbers

  • Sold twice: first on 19 October 2015 for AED 349,988, last on 10 November 2019 for AED 350,000 (AED 1,094 per sqft).
  • Studios in Safi Apartments 1B sold for AED 525,000–528,000 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 November 2019.

Questions about 114, Safi Apartments 1B

What did unit 114 last sell for?

AED 350,000 on 10 November 2019: AED 1,094 per sqft for 320 sqft. The unit has 2 registered sales; the first was AED 349,988 in October 2015.

How big is unit 114?

320 sqft (29.7 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 1B sold for AED 525,000 to 528,000 in the last 12 months, around AED 1,631 per sqft.

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Mortgage on 114, Safi Apartments 1B

Starts from the last sale price (AED 350K, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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