2-bed · 1,391 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

124, 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.

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Unit 124 · DLD and Ejari recordsUpdated 15 October 2026

Last soldAED 978K19 October 2015

Current rentAED 64K /yr15 October 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 124, Safi Apartments 1B

Today

What is 124 worth today?

Last sold for AED 977,888 in 2015

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15 Oct 2026

15 Oct 2026RentedRenewal

AED 64,033/yr12 months · AED 46 per sqft

15 Oct 2025

15 Oct 2025RentedRenewal

AED 60,984/yr12 months · AED 44 per sqft

15 Oct 2021

15 Oct 2021RentedRenewal

AED 48,000/yr12 months · AED 35 per sqft

15 Oct 2020

15 Oct 2020RentedRenewal

AED 48,000/yr12 months · AED 35 per sqft

15 Oct 2019

15 Oct 2019RentedNew contract

AED 55,000/yr12 months · AED 40 per sqft

19 Oct 2015

19 Oct 2015Sold by developerOff-plan

AED 977,888AED 703 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type: 2-bed apartment
Size: 1,391 sqft
Floor: 1st of 7
Parking: P-470
Developer: Nshmi Development
Completed: 2018
Last sold: AED 978K · October 2015
Building: Safi Apartments 1B

About 124, Safi Apartments 1B

124 is a two-bedroom apartment of 1,391 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 977,888, or AED 703 per sqft, 20% below the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 64,033 a year: a gross yield of 6.6% on the 2015 price.

Sales and rents for 124 over time

Sales

Unit 124, each saleTypical two-bed in Safi Apartments 1B

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

Rents

Unit 124, each contractTypical two-bed in Safi Apartments 1B

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 124 sits

All 67 2-beds →

2-beds in Safi Apartments 1B · last 12 months1,276 /sqft Safi Apartments 1B · all types1,276 /sqft

124 last sold in October 2015 at AED 703 per sqft, 20% 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. 124's AED 64,033 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
22 Oct 202622 October 2026	937 sqft	1,030,000	1,099
4 Sep 20264 September 2026	881 sqft	1,100,000	1,248
15 May 202615 May 2026	937 sqft	987,000	1,053
13 Mar 202613 March 2026	937 sqft	1,200,000	1,281

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


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
118	3-bed	1,431 sqft	AED 1.19MAED 1,190,000 · Apr 2024April 2024	69,300 /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
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

1–7 of 27

124, Safi Apartments 1B in numbers

Sold once: by Nshmi Development on 19 October 2015 for AED 977,888, or AED 703 per sqft.
Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2021 and recovered to AED 64,033 by October 2026.
At AED 64,033 a year the gross yield on the 2015 price is 6.6%.
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 15 October 2026.

Questions about 124, Safi Apartments 1B

What did unit 124 last sell for?

AED 977,888 on 19 October 2015, sold by the developer: AED 703 per sqft for 1,391 sqft. It is the only registered sale of the unit.

What is the rent for unit 124?

AED 64,033 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 60,984; the unit has been rented since October 2019.

How big is unit 124?

1,391 sqft (129.2 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 124 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 124, Safi Apartments 1B

Starts from the last sale price (AED 978K, 19 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 977,888
Deposit, UAE resident (20%): AED 195,578
Deposit, non-resident (40%): AED 391,155
Monthly over 25 years at 3.7%: AED 4,001

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