Studio · 330 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

111, Safi Apartments 1A

Sold prices and rental history: sold twice, last in March 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 343K27 March 2017
Current rentAED 40K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Safi Apartments 1A

What is 111 worth today?

Last sold for AED 343,000 in 2017

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10 Oct 2025RentedNew contract
AED 40,000/yr12 months · AED 120 per sqft
10 Sep 2024RentedNew contract
AED 37,000/yr12 months · AED 111 per sqft
7 Dec 2023RentedNew contract
AED 34,000/yr12 months · AED 103 per sqft
1 Nov 2022RentedNew contract
AED 27,000/yr12 months · AED 81 per sqft
20 Jun 2022RentedNew contract
AED 28,000/yr12 months · AED 84 per sqft
27 Mar 2017SoldOff-plan
AED 343,000AED 1,038 per sqft
13 Oct 2015Sold by developerOff-plan
AED 370,888AED 1,123 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Studio apartment
Size
330 sqft
Floor
1st of 7
Parking
G-284
Developer
Nshmi Development
Completed
2018
Service charge
AED 5,000 /yr
Last sold
AED 343K · March 2017

About 111, Safi Apartments 1A

111 is a studio of 330 sqft on the 1st floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 27 March 2017 for AED 343,000, or AED 1,038 per sqft.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 10 October 2025, is AED 40,000 a year: a gross yield of 11.7% on the 2017 price, before the service charge of about AED 5,000 a year.

Sales and rents for 111 over time

Rents
Unit 111, each contractTypical studio in Safi Apartments 1A
30K40K202220242026Typical rent by year: 2022 AED 27,500; 2023 AED 34,000; 2024 AED 40,000; 2025 AED 40,000New contract, June 2022: AED 28,000 a yearNew contract, November 2022: AED 27,000 a yearNew contract, December 2023: AED 34,000 a yearNew contract, September 2024: AED 37,000 a yearNew contract, October 2025: AED 40,000 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 111 sits

All 4 studios →
Recent studio salesUnit no.Price (AED)Summary
22 Oct 2024500,000
12 Oct 2015380,888
14 Sep 2015349,988
22 Jun 2015370,888
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

111, Safi Apartments 1A in numbers

  • Sold twice: first on 13 October 2015 for AED 370,888, last on 27 March 2017 for AED 343,000 (AED 1,038 per sqft).
  • Rented since June 2022 on 5 Ejari contracts, from AED 28,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 11.7%, before a service charge of about AED 5,000 a year (AED 15.28 per sqft).

Source: Dubai Land Department. Updated 10 October 2025.

Questions about 111, Safi Apartments 1A

What did unit 111 last sell for?

AED 343,000 on 27 March 2017: AED 1,038 per sqft for 330 sqft. The unit has 2 registered sales; the first was AED 370,888 in October 2015.

What is the rent for unit 111?

AED 40,000 a year on the contract signed on 10 October 2025. The previous contract, from September 2024, was AED 37,000; the unit has been rented since June 2022.

How big is unit 111?

330 sqft (30.7 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 111 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 111, Safi Apartments 1A

Starts from the last sale price (AED 343K, 27 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 343,000
Deposit, UAE resident (20%)
AED 68,600
Deposit, non-resident (40%)
AED 137,200
Monthly over 25 years at 3.7%
AED 1,403

Plus AED 17,316 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →