2-bed · 1,456 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

126, Safi Apartments 1B

Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 126 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 864K5 December 2019
Current rentAED 66K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 126, Safi Apartments 1B

What is 126 worth today?

Last sold for AED 863,888 in 2019

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20 Dec 2025RentedRenewal
AED 66,150/yr12 months · AED 46 per sqft
20 Dec 2024RentedRenewal
AED 66,150/yr12 months · AED 46 per sqft
20 Dec 2023RentedRenewal
AED 57,750/yr12 months · AED 40 per sqft
20 Dec 2022RentedRenewal
AED 57,750/yr12 months · AED 40 per sqft
20 Dec 2021RentedRenewal
AED 57,750/yr12 months · AED 40 per sqft
20 Dec 2020RentedNew contract
AED 55,000/yr12 months · AED 38 per sqft
5 Dec 2019SoldReady
AED 863,888AED 593 per sqft
23 Jun 2016Sold by developerOff-plan
AED 853,888AED 586 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
2-bed apartment
Size
1,456 sqft
Floor
1st of 7
Parking
P-482
Developer
Nshmi Development
Completed
2018
Last sold
AED 864K · December 2019

About 126, Safi Apartments 1B

126 is a two-bedroom apartment of 1,456 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 5 December 2019 for AED 863,888, or AED 593 per sqft, 18% below the AED 727 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 66,150 a year: a gross yield of 7.7% on the 2019 price.

Sales and rents for 126 over time

Sales
Unit 126, 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, June 2016: AED 853,888 (AED 586 per sqft)Sold, December 2019: AED 863,888 (AED 593 per sqft)

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

Rents
Unit 126, each contractTypical two-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical 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, December 2020: AED 55,000 a yearRenewal, December 2021: AED 57,750 a yearRenewal, December 2022: AED 57,750 a yearRenewal, December 2023: AED 57,750 a yearRenewal, December 2024: AED 66,150 a yearRenewal, December 2025: AED 66,150 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 126 sits

All 67 2-beds →

126 last sold in December 2019 at AED 593 per sqft, 18% below what two-beds in Safi Apartments 1B were fetching at the time (AED 727). 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. 126's AED 66,150 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

126, Safi Apartments 1B in numbers

  • Sold twice: first on 23 June 2016 for AED 853,888, last on 5 December 2019 for AED 863,888 (AED 593 per sqft).
  • Rented since December 2020 on 6 Ejari contracts, from AED 55,000 to AED 66,150 a year.
  • At AED 66,150 a year the gross yield on the 2019 price is 7.7%.
  • 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 20 December 2025.

Questions about 126, Safi Apartments 1B

What did unit 126 last sell for?

AED 863,888 on 5 December 2019: AED 593 per sqft for 1,456 sqft. The unit has 2 registered sales; the first was AED 853,888 in June 2016.

What is the rent for unit 126?

AED 66,150 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 66,150; the unit has been rented since December 2020.

How big is unit 126?

1,456 sqft (135.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 126 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 126, Safi Apartments 1B

Starts from the last sale price (AED 864K, 5 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 863,888
Deposit, UAE resident (20%)
AED 172,778
Deposit, non-resident (40%)
AED 345,555
Monthly over 25 years at 3.7%
AED 3,534

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