1-bed · 842 sqftSafi Apartments 2B, Town Square · 1st floor · completed 2018

106, Safi Apartments 2B

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

Unit 106 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 675K4 July 2024
Current rentAED 41K /yr29 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Safi Apartments 2B

What is 106 worth today?

Last sold for AED 675,000 in 2024

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4 Jul 2024SoldReady
AED 675,000AED 801 per sqft
29 Apr 2024RentedRenewal
AED 40,500/yr12 months · AED 48 per sqft
29 Apr 2023RentedRenewal
AED 40,500/yr12 months · AED 48 per sqft
29 Apr 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
20 Oct 2020RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
20 Oct 2019RentedNew contract
AED 41,000/yr12 months · AED 49 per sqft
28 Oct 2015Sold by developerOff-plan
AED 619,888AED 736 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
1st of 7
Parking
P-182
Developer
Nshmi Development
Completed
2018
Last sold
AED 675K · July 2024

About 106, Safi Apartments 2B

106 is a one-bedroom apartment of 842 sqft on the 1st floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 4 July 2024 for AED 675,000, or AED 801 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 29 April 2024, is AED 40,500 a year: a gross yield of 6.0% on the 2024 price.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Safi Apartments 2B
500K600K700K2015201820212024Typical sale price by year: 2015 AED 577,388; 2025 AED 500,000Sold by developer, October 2015: AED 619,888 (AED 736 per sqft)Sold, July 2024: AED 675,000 (AED 801 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in Safi Apartments 2B
40K20192021202320252027Typical rent by year: 2019 AED 36,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 34,500; 2023 AED 36,225; 2024 AED 42,997; 2025 AED 45,850; 2026 AED 55,000New contract, October 2019: AED 41,000 a yearRenewal, October 2020: AED 35,000 a yearNew contract, April 2022: AED 38,000 a yearRenewal, April 2023: AED 40,500 a yearRenewal, April 2024: AED 40,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 2B, and where 106 sits

All 19 1-beds →

Over the last 12 months one-beds sold for AED 840,000, around AED 1,336 per sqft, and rent for AED 45,826 to 70,000 a year. 106's AED 40,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 2026840,000
24 Nov 2025840,000
26 Jun 2025266,667
23 Jun 2025500,000
2 1-bed sales in the last 12 months

Safi Apartments 2B

Building

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

Typical price per sqft
AED 1,327
Typical sale
AED 1.15M
Typical rent
AED 80K /yr
Typical yield
6.4%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 89 units in Safi Apartments 2B
Value
1012-bedAED 1.15M · Aug 2026
1023-bedAED 1.86M · Jun 2025
1032-bedAED 910K · Sep 2016
1042-bedAED 786K · Jul 2016
105StudioAED 400K · Jun 2016
1073-bedAED 1.2M · Aug 2016
108StudioAED 367K · Oct 2015
1–7 of 11

106, Safi Apartments 2B in numbers

  • Sold twice: first on 28 October 2015 for AED 619,888, last on 4 July 2024 for AED 675,000 (AED 801 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 41,000 to AED 35,000 in 2020 and recovered to AED 40,500 by April 2024.
  • At AED 40,500 a year the gross yield on the 2024 price is 6.0%.
  • One-beds in Safi Apartments 2B sold for AED 840,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 1,327 per sqft.

Source: Dubai Land Department. Updated 4 July 2024.

Questions about 106, Safi Apartments 2B

What did unit 106 last sell for?

AED 675,000 on 4 July 2024: AED 801 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 619,888 in October 2015.

What is the rent for unit 106?

AED 40,500 a year on the contract renewed on 29 April 2024. The previous contract, from April 2023, was AED 40,500; the unit has been rented since October 2019.

How big is unit 106?

842 sqft (78.2 sqm): a one-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 2B sold for AED 840,000 to 840,000 in the last 12 months, around AED 1,336 per sqft.

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Mortgage on 106, Safi Apartments 2B

Starts from the last sale price (AED 675K, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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