3-bed · 1,412 sqftSafi Apartments 1B, Town Square · 3rd floor · completed 2018

308, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 27 June 2018
Last soldAED 1.26M27 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Safi Apartments 1B

What is 308 worth today?

Last sold for AED 1,258,888 in 2018

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27 Jun 2018Sold by developerOff-plan
AED 1,258,888AED 891 per sqft

Source: Dubai Land Department. Updated 27 June 2018.

Key facts

Type
3-bed apartment
Size
1,412 sqft
Floor
3rd of 7
Parking
P-459,P-343
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.26M · June 2018

About 308, Safi Apartments 1B

308 is a three-bedroom apartment of 1,412 sqft on the 3rd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 27 June 2018 for AED 1,258,888, or AED 891 per sqft, 4% below the AED 928 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, 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, June 2018: AED 1,258,888 (AED 891 per sqft)

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

Rents
Unit 308, 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 125,000

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 308 sits

All 37 3-beds →

308 last sold in June 2018 at AED 891 per sqft, 4% below what three-beds in Safi Apartments 1B were fetching at the time (AED 928). 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.

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 3rd floor

All 181 units in Safi Apartments 1B
Value
3012-bedAED 800K · Apr 2023
3023-bedAED 950K · May 2021
3031-bedAED 573K · Oct 2015
3041-bedAED 427K · Oct 2020
3051-bedAED 725K · Feb 2025
306StudioAED 463K · Jul 2016
3071-bedAED 750K · Sep 2025
1–7 of 26

308, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 27 June 2018 for AED 1,258,888, or AED 891 per sqft.
  • 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 27 June 2018.

Questions about 308, Safi Apartments 1B

What did unit 308 last sell for?

AED 1,258,888 on 27 June 2018, sold by the developer: AED 891 per sqft for 1,412 sqft. It is the only registered sale of the unit.

How big is unit 308?

1,412 sqft (131.2 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 308 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 308, Safi Apartments 1B

Starts from the last sale price (AED 1.26M, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,258,888
Deposit, UAE resident (20%)
AED 251,778
Deposit, non-resident (40%)
AED 503,555
Monthly over 25 years at 3.7%
AED 5,150

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