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

112, Safi Apartments 2B

Sold prices and rental history: sold once, by the developer in June 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 23 June 2020
Last soldAED 851K23 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Safi Apartments 2B

What is 112 worth today?

Last sold for AED 850,888 in 2020

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23 Jun 2020Sold by developerReady
AED 850,888AED 579 per sqft

Source: Dubai Land Department. Updated 23 June 2020.

Key facts

Type
2-bed apartment
Size
1,470 sqft
Floor
1st of 7
Parking
P-175
Developer
Nshmi Development
Completed
2018
Last sold
AED 851K · June 2020

About 112, Safi Apartments 2B

112 is a two-bedroom apartment of 1,470 sqft on the 1st floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 23 June 2020 for AED 850,888, or AED 579 per sqft, in line with the AED 581 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Safi Apartments 2B
800K1M2015201820212024Typical sale price by year: 2015 AED 849,388; 2016 AED 834,388; 2020 AED 794,888; 2023 AED 800,000; 2024 AED 850,000; 2025 AED 1,100,000Sold by developer, June 2020: AED 850,888 (AED 579 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in Safi Apartments 2B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 55,440; 2024 AED 62,500; 2025 AED 68,250; 2026 AED 80,000

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 2B, and where 112 sits

All 39 2-beds →

112 last sold in June 2020 at AED 579 per sqft, in line with what two-beds in Safi Apartments 2B were fetching at the time (AED 581). Over the last 12 months two-beds sold for AED 1,148,720 to 1,180,000, around AED 1,092 per sqft, and rent for AED 63,000 to 110,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20261,180,000
7 Aug 20261,148,720
6 May 20251,170,000
29 Apr 20251,075,000
2 2-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 70K /yr
Typical yield
6.1%
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
1061-bedAED 675K · Jul 2024
1073-bedAED 1.2M · Aug 2016
1–7 of 11

112, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 23 June 2020 for AED 850,888, or AED 579 per sqft.
  • Two-beds in Safi Apartments 2B sold for AED 1,148,720–1,180,000 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 23 June 2020.

Questions about 112, Safi Apartments 2B

What did unit 112 last sell for?

AED 850,888 on 23 June 2020, sold by the developer: AED 579 per sqft for 1,470 sqft. It is the only registered sale of the unit.

How big is unit 112?

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 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 2B sold for AED 1,148,720 to 1,180,000 in the last 12 months, around AED 1,092 per sqft.

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Mortgage on 112, Safi Apartments 2B

Starts from the last sale price (AED 851K, 23 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 850,888
Deposit, UAE resident (20%)
AED 170,178
Deposit, non-resident (40%)
AED 340,355
Monthly over 25 years at 3.7%
AED 3,481

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