Studio · 327 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

109, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 24 February 2025
Last soldAED 381K12 October 2015
Current rentAED 50K /yr24 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Safi Apartments 1A

What is 109 worth today?

Last sold for AED 380,888 in 2015

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24 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 153 per sqft
24 Feb 2024RentedRenewal
AED 45,000/yr12 months · AED 138 per sqft
25 Oct 2020RentedNew contract
AED 26,400/yr12 months · AED 81 per sqft
12 Oct 2015Sold by developerOff-plan
AED 380,888AED 1,165 per sqft

Source: Dubai Land Department. Updated 24 February 2025.

Key facts

Type
Studio apartment
Size
327 sqft
Floor
1st of 7
Parking
G-286
Developer
Nshmi Development
Completed
2018
Service charge
AED 5,000 /yr
Last sold
AED 381K · October 2015

About 109, Safi Apartments 1A

109 is a studio of 327 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 12 October 2015 for AED 380,888, or AED 1,165 per sqft, in line with the AED 1,133 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 24 February 2025, is AED 50,000 a year: a gross yield of 13.1% on the 2015 price, before the service charge of about AED 5,000 a year.

Sales and rents for 109 over time

Rents
Unit 109, each contractTypical studio in Safi Apartments 1A
40K2020202220242026Typical rent by year: 2022 AED 27,500; 2023 AED 34,000; 2024 AED 40,000; 2025 AED 40,000New contract, October 2020: AED 26,400 a yearRenewal, February 2024: AED 45,000 a yearRenewal, February 2025: AED 50,000 a year

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

Studios in Safi Apartments 1A, and where 109 sits

All 4 studios →

109 last sold in October 2015 at AED 1,165 per sqft, in line with what studios in Safi Apartments 1A were fetching at the time (AED 1,133).

Recent studio salesUnit no.Price (AED)Summary
22 Oct 2024500,000
27 Mar 2017343,000
13 Oct 2015370,888
14 Sep 2015349,988
0 studio sales 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
1063-bedAED 1000K · Jul 2020
1072-bedAED 815K · Jun 2024
1–7 of 22

109, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 380,888, or AED 1,165 per sqft.
  • Rented since October 2020 on 3 Ejari contracts, from AED 26,400 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 13.1%, before a service charge of about AED 5,000 a year (AED 15.28 per sqft).

Source: Dubai Land Department. Updated 24 February 2025.

Questions about 109, Safi Apartments 1A

What did unit 109 last sell for?

AED 380,888 on 12 October 2015, sold by the developer: AED 1,165 per sqft for 327 sqft. It is the only registered sale of the unit.

What is the rent for unit 109?

AED 50,000 a year on the contract renewed on 24 February 2025. The previous contract, from February 2024, was AED 45,000; the unit has been rented since October 2020.

How big is unit 109?

327 sqft (30.4 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 109, Safi Apartments 1A

Starts from the last sale price (AED 381K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 380,888
Deposit, UAE resident (20%)
AED 76,178
Deposit, non-resident (40%)
AED 152,355
Monthly over 25 years at 3.7%
AED 1,558

Plus AED 18,908 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →