Studio · 331 sqftSafi Apartments 1A, Town Square · 1st floor · completed 2018

112, Safi Apartments 1A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 500K22 October 2024
Current rentAED 40K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Safi Apartments 1A

What is 112 worth today?

Last sold for AED 500,000 in 2024

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20 Dec 2025RentedRenewal
AED 40,000/yr12 months · AED 120 per sqft
20 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 120 per sqft
22 Oct 2024SoldReady
AED 500,000AED 1,512 per sqft
25 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 102 per sqft
1 Feb 2023RentedRenewal
AED 28,304/yr6 months · AED 85 per sqft
1 Aug 2022RentedRenewal
AED 25,000/yr6 months · AED 75 per sqft
1 Aug 2021RentedRenewal
AED 25,000/yr6 months · AED 75 per sqft
1 Aug 2020RentedRenewal
AED 25,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
Studio apartment
Size
331 sqft
Floor
1st of 7
Parking
G-285
Developer
Nshmi Development
Completed
2018
Service charge
AED 5,100 /yr
Last sold
AED 500K · October 2024

About 112, Safi Apartments 1A

112 is a studio of 331 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 22 October 2024 for AED 500,000, or AED 1,512 per sqft.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 40,000 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 5,100 a year.

Sales and rents for 112 over time

Rents
Unit 112, each contractTypical studio in Safi Apartments 1A
30K40K2020202220242026Typical rent by year: 2022 AED 27,500; 2023 AED 34,000; 2024 AED 40,000; 2025 AED 40,000Renewal, August 2020: AED 25,000 a yearRenewal, August 2021: AED 25,000 a yearRenewal, August 2022: AED 25,000 a yearRenewal, February 2023: AED 28,304 a yearNew contract, August 2023: AED 34,000 a yearNew contract, December 2024: AED 40,000 a yearRenewal, December 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 112 sits

All 4 studios →
Recent studio salesUnit no.Price (AED)Summary
27 Mar 2017343,000
13 Oct 2015370,888
12 Oct 2015380,888
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

112, Safi Apartments 1A in numbers

  • Sold twice: first on 22 June 2015 for AED 370,888, last on 22 October 2024 for AED 500,000 (AED 1,512 per sqft).
  • Rented since August 2020 on 7 Ejari contracts, from AED 25,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 5,100 a year (AED 15.28 per sqft).

Source: Dubai Land Department. Updated 20 December 2025.

Questions about 112, Safi Apartments 1A

What did unit 112 last sell for?

AED 500,000 on 22 October 2024: AED 1,512 per sqft for 331 sqft. The unit has 2 registered sales; the first was AED 370,888 in June 2015.

What is the rent for unit 112?

AED 40,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 40,000; the unit has been rented since August 2020.

How big is unit 112?

331 sqft (30.8 sqm): a studio 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.

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Mortgage on 112, Safi Apartments 1A

Starts from the last sale price (AED 500K, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →