2-bed · 1,214 sqftSafi Apartments 2A, Town Square · 1st floor · completed 2018

112, Safi Apartments 2A

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

Unit 112 · DLD and Ejari recordsUpdated 26 December 2025
Last soldAED 950K28 May 2024
Current rentAED 90K /yr26 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Safi Apartments 2A

What is 112 worth today?

Last sold for AED 950,000 in 2024

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26 Dec 2025RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
24 Oct 2024RentedNew contract
AED 68,000/yr12 months · AED 56 per sqft
28 May 2024SoldReady
AED 950,000AED 782 per sqft
6 Apr 2023SoldReady
AED 720,000AED 593 per sqft
25 Oct 2020RentedRenewal
AED 49,000/yr12 months · AED 40 per sqft
25 Oct 2019RentedNew contract
AED 52,000/yr12 months · AED 43 per sqft
1 Sep 2019RentedNew contract
AED 55,000/yr12 months · AED 45 per sqft
11 Jul 2016Sold by developerOff-plan
AED 859,888AED 708 per sqft

Source: Dubai Land Department. Updated 26 December 2025.

Key facts

Type
2-bed apartment
Size
1,214 sqft
Floor
1st of 7
Parking
P-59
Developer
Nshmi Development
Completed
2018
Service charge
AED 18,500 /yr
Last sold
AED 950K · May 2024

About 112, Safi Apartments 2A

112 is a two-bedroom apartment of 1,214 sqft on the 1st floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 28 May 2024 for AED 950,000, or AED 782 per sqft, 13% below the AED 903 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 26 December 2025, is AED 90,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Safi Apartments 2A
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 806,388; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 890,000; 2025 AED 1,100,000; 2026 AED 1,130,000Sold by developer, July 2016: AED 859,888 (AED 708 per sqft)Sold, April 2023: AED 720,000 (AED 593 per sqft)Sold, May 2024: AED 950,000 (AED 782 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in Safi Apartments 2A
50K75K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 65,100; 2025 AED 80,000; 2026 AED 80,000New contract, September 2019: AED 55,000 a yearNew contract, October 2019: AED 52,000 a yearRenewal, October 2020: AED 49,000 a yearNew contract, October 2024: AED 68,000 a yearNew contract, December 2025: AED 90,000 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 2A, and where 112 sits

All 97 2-beds →

112 last sold in May 2024 at AED 782 per sqft, 13% below what two-beds in Safi Apartments 2A were fetching at the time (AED 903). Over the last 12 months two-beds sold for AED 1,050,000 to 1,425,000, around AED 1,174 per sqft, and rent for AED 55,000 to 110,000 a year. 112's AED 90,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,100,000
18 Aug 20261,130,000
10 Aug 202640,138
3 Jul 20261,050,000
10 2-bed sales in the last 12 months

Safi Apartments 2A

Building

153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,251 Up 6.6%
Typical sale
AED 1.15M
Typical rent
AED 81K /yr
Typical yield
6.8%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 1st floor

All 153 units in Safi Apartments 2A
Value
1012-bedAED 978K · Sep 2015
1023-bedAED 1.5M · Jan 2024
1032-bedAED 1.43M · May 2026
1042-bedAED 780K · Oct 2015
1052-bedAED 891K · Apr 2017
1063-bedAED 1.33M · Sep 2017
1072-bedAED 1.14M · Jan 2026
1–7 of 19

112, Safi Apartments 2A in numbers

  • Sold 3 times: first on 11 July 2016 for AED 859,888, last on 28 May 2024 for AED 950,000 (AED 782 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 49,000 in 2020 and recovered to AED 90,000 by December 2025.
  • At AED 90,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 18,500 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,050,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 1,251 per sqft.

Source: Dubai Land Department. Updated 26 December 2025.

Questions about 112, Safi Apartments 2A

What did unit 112 last sell for?

AED 950,000 on 28 May 2024: AED 782 per sqft for 1,214 sqft. The unit has 3 registered sales; the first was AED 859,888 in July 2016.

What is the rent for unit 112?

AED 90,000 a year on the contract signed on 26 December 2025. The previous contract, from October 2024, was AED 68,000; the unit has been rented since September 2019.

How big is unit 112?

1,214 sqft (112.8 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 112 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 2A sold for AED 1,050,000 to 1,425,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 112, Safi Apartments 2A

Starts from the last sale price (AED 950K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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