3-bed · 1,431 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

106, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in July 2020, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 1000K27 July 2020
Current rentAED 115K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Safi Apartments 1A

What is 106 worth today?

Last sold for AED 999,888 in 2020

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5 Aug 2024RentedRenewal
AED 115,148/yr13 months · AED 80 per sqft
5 Aug 2023RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft
27 Jul 2020Sold by developerReady
AED 999,888AED 698 per sqft
15 Jul 2020RentedNew contract
AED 75,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
3-bed apartment
Size
1,431 sqft
Floor
1st of 7
Parking
P-251
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,900 /yr
Last sold
AED 1000K · July 2020

About 106, Safi Apartments 1A

106 is a three-bedroom apartment of 1,431 sqft on the 1st floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 27 July 2020 for AED 999,888, or AED 698 per sqft, in line with the AED 708 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 115,148 a year: a gross yield of 11.5% on the 2020 price, before the service charge of about AED 21,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical three-bed in Safi Apartments 1A
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,185,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,014,888; 2024 AED 1,450,000; 2025 AED 1,600,000Sold by developer, July 2020: AED 999,888 (AED 698 per sqft)

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

Rents
Unit 106, each contractTypical three-bed in Safi Apartments 1A
75K100K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 66,000; 2022 AED 74,000; 2023 AED 80,000; 2024 AED 89,100; 2025 AED 115,000New contract, July 2020: AED 75,000 a yearNew contract, August 2023: AED 115,000 a yearRenewal, August 2024: AED 115,148 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 1A, and where 106 sits

All 36 3-beds →

106 last sold in July 2020 at AED 698 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 708). Over the last 12 months three-beds sold for AED 1,765,000, around AED 1,243 per sqft, and rent for AED 60,000 to 135,000 a year. 106's AED 115,148 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20261,765,000
13 May 20251,825,000
1 May 20251,600,000
4 Feb 20251,400,000
1 3-bed sale in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 10 sold in the last 12 months.

Typical price per sqft
AED 1,172 Up 5.8%
Typical sale
AED 1.14M
Typical rent
AED 72K /yr
Typical yield
7.2%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 1st floor

All 156 units in Safi Apartments 1A
Value
1012-bedAED 995K · May 2017
1023-bedAED 1.58M · Oct 2015
1032-bedAED 1.25M · Jul 2025
1042-bedAED 1.03M · Jan 2026
1052-bedAED 800K · Oct 2015
1072-bedAED 815K · Jun 2024
1083-bedAED 1.17M · Oct 2015
1–7 of 22

106, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 27 July 2020 for AED 999,888, or AED 698 per sqft.
  • Rented since July 2020 on 3 Ejari contracts, from AED 75,000 to AED 115,148 a year.
  • At AED 115,148 a year the gross yield on the 2020 price is 11.5%, before a service charge of about AED 21,900 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 1A sold for AED 1,765,000–1,765,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 5 August 2024.

Questions about 106, Safi Apartments 1A

What did unit 106 last sell for?

AED 999,888 on 27 July 2020, sold by the developer: AED 698 per sqft for 1,431 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 115,148 a year on the contract renewed on 5 August 2024. The previous contract, from August 2023, was AED 115,000; the unit has been rented since July 2020.

How big is unit 106?

1,431 sqft (132.9 sqm): a three-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. Three-beds in Safi Apartments 1A sold for AED 1,765,000 to 1,765,000 in the last 12 months, around AED 1,243 per sqft.

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Mortgage on 106, Safi Apartments 1A

Starts from the last sale price (AED 1000K, 27 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 999,888
Deposit, UAE resident (20%)
AED 199,978
Deposit, non-resident (40%)
AED 399,955
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,006 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →