3-bed · 1,769 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

128, 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.

Unit 128 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 1.3M19 October 2015
Current rentAED 120K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 128, Safi Apartments 1B

What is 128 worth today?

Last sold for AED 1,299,888 in 2015

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25 May 2026RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
5 Sep 2025RentedRenewal
AED 93,170/yr12 months · AED 53 per sqft
5 Sep 2024RentedRenewal
AED 84,700/yr12 months · AED 48 per sqft
5 Sep 2023RentedRenewal
AED 77,000/yr12 months · AED 44 per sqft
5 Sep 2022RentedRenewal
AED 77,000/yr12 months · AED 44 per sqft
5 Sep 2021RentedRenewal
AED 77,000/yr12 months · AED 44 per sqft
5 Sep 2020RentedRenewal
AED 82,000/yr12 months · AED 46 per sqft
5 Sep 2019RentedNew contract
AED 82,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
3-bed apartment
Size
1,769 sqft
Floor
1st of 7
Parking
P-468
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.3M · October 2015

About 128, Safi Apartments 1B

128 is a three-bedroom apartment of 1,769 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 1,299,888, or AED 734 per sqft, 11% below the AED 828 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 25 May 2026, is AED 120,000 a year: a gross yield of 9.2% on the 2015 price.

Sales and rents for 128 over time

Sales
Unit 128, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,341,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,150,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, October 2015: AED 1,299,888 (AED 734 per sqft)

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

Rents
Unit 128, each contractTypical three-bed in Safi Apartments 1B
100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 74,775; 2023 AED 84,500; 2024 AED 108,000; 2025 AED 120,000; 2026 AED 125,000New contract, September 2019: AED 82,000 a yearRenewal, September 2020: AED 82,000 a yearRenewal, September 2021: AED 77,000 a yearRenewal, September 2022: AED 77,000 a yearRenewal, September 2023: AED 77,000 a yearRenewal, September 2024: AED 84,700 a yearRenewal, September 2025: AED 93,170 a yearNew contract, May 2026: AED 120,000 a year

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 128 sits

All 37 3-beds →

128 last sold in October 2015 at AED 734 per sqft, 11% below what three-beds in Safi Apartments 1B were fetching at the time (AED 828). 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. 128's AED 120,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20261,800,000
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
2 3-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

128, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 1,299,888, or AED 734 per sqft.
  • Rented since September 2019 on 8 Ejari contracts, from AED 82,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 9.2%.
  • 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 25 May 2026.

Questions about 128, Safi Apartments 1B

What did unit 128 last sell for?

AED 1,299,888 on 19 October 2015, sold by the developer: AED 734 per sqft for 1,769 sqft. It is the only registered sale of the unit.

What is the rent for unit 128?

AED 120,000 a year on the contract signed on 25 May 2026. The previous contract, from September 2025, was AED 93,170; the unit has been rented since September 2019.

How big is unit 128?

1,769 sqft (164.3 sqm): a three-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 128 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 128, Safi Apartments 1B

Starts from the last sale price (AED 1.3M, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,299,888
Deposit, UAE resident (20%)
AED 259,978
Deposit, non-resident (40%)
AED 519,955
Monthly over 25 years at 3.7%
AED 5,318

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