2-bed · 1,470 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

127, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 127 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 1.3M5 November 2024
Current rentAED 105K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 127, Safi Apartments 1B

What is 127 worth today?

Last sold for AED 1,300,000 in 2024

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15 Dec 2025RentedNew contract
AED 105,000/yr12 months · AED 71 per sqft
30 Nov 2024RentedRenewal
AED 70,000/yr12 months · AED 48 per sqft
5 Nov 2024SoldReady
AED 1,300,000AED 884 per sqft
30 Nov 2023RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
30 Nov 2022RentedRenewal
AED 65,000/yr12 months · AED 44 per sqft
30 Nov 2021RentedNew contract
AED 62,000/yr12 months · AED 42 per sqft
25 Nov 2021SoldReady
AED 800,000AED 544 per sqft
6 Nov 2020RentedRenewal
AED 75,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
1st of 7
Parking
P-429
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.3M · November 2024

About 127, Safi Apartments 1B

127 is a two-bedroom apartment of 1,470 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 November 2024 for AED 1,300,000, or AED 884 per sqft, in line with the AED 877 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 December 2025, is AED 105,000 a year: a gross yield of 8.1% on the 2024 price.

Sales and rents for 127 over time

Sales
Unit 127, each saleTypical two-bed in Safi Apartments 1B
1M20152018202120242027Typical 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 859,888 (AED 584 per sqft)Sold, November 2021: AED 800,000 (AED 544 per sqft)Sold, November 2024: AED 1,300,000 (AED 884 per sqft)

127 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 127, each contractTypical two-bed in Safi Apartments 1B
50K100K20192021202320252027Typical 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, November 2019: AED 75,000 a yearRenewal, November 2020: AED 75,000 a yearNew contract, November 2021: AED 62,000 a yearRenewal, November 2022: AED 65,000 a yearRenewal, November 2023: AED 65,000 a yearRenewal, November 2024: AED 70,000 a yearNew contract, December 2025: AED 105,000 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 127 sits

All 67 2-beds →

127 last sold in November 2024 at AED 884 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 877). 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. 127's AED 105,000 is in the upper 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

127, Safi Apartments 1B in numbers

  • Sold 3 times: first on 23 June 2016 for AED 859,888, last on 5 November 2024 for AED 1,300,000 (AED 884 per sqft).
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 62,000 in 2021 and recovered to AED 105,000 by December 2025.
  • At AED 105,000 a year the gross yield on the 2024 price is 8.1%.
  • 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 December 2025.

Questions about 127, Safi Apartments 1B

What did unit 127 last sell for?

AED 1,300,000 on 5 November 2024: AED 884 per sqft for 1,470 sqft. The unit has 3 registered sales; the first was AED 859,888 in June 2016.

What is the rent for unit 127?

AED 105,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2024, was AED 70,000; the unit has been rented since November 2019.

How big is unit 127?

1,470 sqft (136.6 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 127 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 127, Safi Apartments 1B

Starts from the last sale price (AED 1.3M, 5 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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