118, Safi Apartments 1B
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 118, Safi Apartments 1B
What is 118 worth today?
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Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,431 sqft
- Floor
- 1st of 7
- Parking
- P-476
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.19M · April 2024
- Building
- Safi Apartments 1B
About 118, Safi Apartments 1B
118 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 2 April 2024 for AED 1,190,000, or AED 831 per sqft, in line with the AED 826 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 September 2023, is AED 69,300 a year: a gross yield of 5.8% on the 2024 price.
Sales and rents for 118 over time
118 has sold twice; the dashed line is the three-bed median of each year in the building.
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 118 sits
All 37 3-beds →118 last sold in April 2024 at AED 831 per sqft, in line with what three-beds in Safi Apartments 1B were fetching at the time (AED 826). 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. 118's AED 69,300 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 1,419 sqft | 1,800,000 | 1,268 | ||
| 4 Feb 20264 February 2026 | 1,340 sqft | 1,660,000 | 1,238 | ||
| 11 Jul 202511 July 2025 | 2,257 sqft | 1,780,000 | 788 | ||
| 13 May 202513 May 2025 | 1,408 sqft | 1,590,000 | 1,129 |
Safi Apartments 1B
Building181 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%
Other units on the 1st floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,391 sqft | AED 995KAED 994,888 · May 2017May 2017 | 90,000 /yr | |
| 102 | 3-bed | 2,257 sqft | AED 1.78MAED 1,780,000 · Jul 2025July 2025 | 117,342 /yr | |
| 103 | 2-bed | 1,584 sqft | AED 900KAED 899,888 · Oct 2015October 2015 | 80,000 /yr | |
| 104 | 2-bed | 929 sqft | AED 821KAED 820,888 · Jul 2020July 2020 | 80,000 /yr | |
| 105 | Studio | 319 sqft | AED 350KAED 350,000 · Jun 2023June 2023 | 40,020 /yr | |
| 106 | 1-bed | 848 sqft | AED 650KAED 649,888 · Oct 2015October 2015 | 60,000 /yr | |
| 107 | 3-bed | 1,431 sqft | AED 580KAED 580,000 · Sep 2022September 2022 | 70,000 /yr | |
| 108 | 2-bed | 1,070 sqft | AED 819KAED 818,888 · Oct 2015October 2015 | 68,000 /yr | |
| 109 | Studio | 331 sqft | AED 325KAED 325,000 · May 2022May 2022 | 31,973 /yr | |
| 110 | Studio | 330 sqft | AED 390KAED 390,000 · Jul 2025July 2025 | 42,000 /yr | |
| 111 | Studio | 330 sqft | AED 285KAED 285,000 · Sep 2022September 2022 | 39,893 /yr | |
| 112 | Studio | 334 sqft | AED 373KAED 372,888 · Oct 2015October 2015 | 36,000 /yr | |
| 113 | Studio | 327 sqft | AED 528KAED 528,000 · Mar 2026March 2026 | 38,500 /yr | |
| 114 | Studio | 320 sqft | AED 350KAED 350,000 · Nov 2019November 2019 | ||
| 115 | Studio | 330 sqft | AED 351KAED 350,888 · Oct 2015October 2015 | 40,000 /yr | |
| 116 | Studio | 331 sqft | AED 460KAED 460,000 · Mar 2024March 2024 | 35,000 /yr | |
| 117 | 2-bed | 1,070 sqft | AED 819KAED 818,888 · Oct 2015October 2015 | 70,000 /yr | |
| 119 | 1-bed | 844 sqft | AED 620KAED 619,888 · Oct 2015October 2015 | 59,000 /yr | |
| 120 | Studio | 319 sqft | AED 413KAED 412,888 · Jul 2016July 2016 | 35,000 /yr | |
| 121 | 2-bed | 929 sqft | AED 753KAED 752,888 · Feb 2016February 2016 | 75,000 /yr | |
| 122 | 2-bed | 1,569 sqft | AED 910KAED 909,888 · Aug 2016August 2016 | 90,000 /yr | |
| 123 | 3-bed | 2,257 sqft | AED 1.6MAED 1,600,000 · May 2024May 2024 | 120,254 /yr | |
| 124 | 2-bed | 1,391 sqft | AED 978KAED 977,888 · Oct 2015October 2015 | 64,033 /yr | |
| 125 | 3-bed | 1,767 sqft | AED 1.3MAED 1,299,888 · Oct 2015October 2015 | 130,000 /yr | |
| 126 | 2-bed | 1,456 sqft | AED 864KAED 863,888 · Dec 2019December 2019 | 66,150 /yr | |
| 127 | 2-bed | 1,470 sqft | AED 1.3MAED 1,300,000 · Nov 2024November 2024 | 105,000 /yr | |
| 128 | 3-bed | 1,769 sqft | AED 1.3MAED 1,299,888 · Oct 2015October 2015 | 120,000 /yr |
118, Safi Apartments 1B in numbers
- Sold twice: first on 12 April 2018 for AED 1,399,888, last on 2 April 2024 for AED 1,190,000 (AED 831 per sqft).
- Rented since September 2019 on 5 Ejari contracts, from AED 66,000 to AED 69,300 a year.
- At AED 69,300 a year the gross yield on the 2024 price is 5.8%.
- 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 2 April 2024.
Questions about 118, Safi Apartments 1B
What did unit 118 last sell for?
AED 1,190,000 on 2 April 2024: AED 831 per sqft for 1,431 sqft. The unit has 2 registered sales; the first was AED 1,399,888 in April 2018.
What is the rent for unit 118?
AED 69,300 a year on the contract signed on 15 September 2023. The previous contract, from September 2022, was AED 60,000; the unit has been rented since September 2019.
How big is unit 118?
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 118 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 118, Safi Apartments 1B
Starts from the last sale price (AED 1.19M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,190,000
- Deposit, UAE resident (20%)
- AED 238,000
- Deposit, non-resident (40%)
- AED 476,000
- Monthly over 25 years at 3.7%
- AED 4,869
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →