3-bed · 1,419 sqftSafi Apartments 1A, Town Square · 2nd floor · completed 2018

202, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 2 August 2025
Last soldAED 1.15M2 June 2016
Current rentAED 110K /yr2 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Safi Apartments 1A

What is 202 worth today?

Last sold for AED 1,148,888 in 2016

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2 Aug 2025RentedRenewal
AED 110,000/yr12 months · AED 77 per sqft
1 Aug 2025RentedRenewal
AED 125,000/yr12 months · AED 88 per sqft
1 Aug 2024RentedRenewal
AED 109,705/yr12 months · AED 77 per sqft
1 Aug 2023RentedRenewal
AED 100,000/yr12 months · AED 70 per sqft
1 Aug 2022RentedRenewal
AED 85,000/yr12 months · AED 60 per sqft
29 Jul 2020RentedRenewal
AED 68,000/yr12 months · AED 48 per sqft
29 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
2 Jun 2016Sold by developerOff-plan
AED 1,148,888AED 809 per sqft

Source: Dubai Land Department. Updated 2 August 2025.

Key facts

Type
3-bed apartment
Size
1,419 sqft
Floor
2nd of 7
Parking
P-276 , P-319
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,700 /yr
Last sold
AED 1.15M · June 2016

About 202, Safi Apartments 1A

202 is a three-bedroom apartment of 1,419 sqft on the 2nd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 2 June 2016 for AED 1,148,888, or AED 809 per sqft, in line with the AED 834 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 2 August 2025, is AED 110,000 a year: a gross yield of 9.6% on the 2016 price, before the service charge of about AED 21,700 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, June 2016: AED 1,148,888 (AED 809 per sqft)

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

Rents
Unit 202, each contractTypical three-bed in Safi Apartments 1A
100K2019202120232025Typical 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 2019: AED 75,000 a yearRenewal, July 2020: AED 68,000 a yearRenewal, August 2022: AED 85,000 a yearRenewal, August 2023: AED 100,000 a yearRenewal, August 2024: AED 109,705 a yearRenewal, August 2025: AED 110,000 a yearRenewal, August 2025: AED 125,000 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 202 sits

All 36 3-beds →

202 last sold in June 2016 at AED 809 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 834). 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. 202's AED 110,000 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 2nd floor

All 156 units in Safi Apartments 1A
Value
2012-bedAED 780K · Feb 2023
2032-bedAED 732K · Oct 2015
2042-bedAED 741K · Oct 2015
2052-bedAED 835K · Nov 2023
2063-bedAED 1.4M · Jan 2018
2072-bedAED 788K · Oct 2015
2082-bedAED 916K · Oct 2018
1–7 of 21

202, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 2 June 2016 for AED 1,148,888, or AED 809 per sqft.
  • Rented since July 2019 on 7 Ejari contracts, from AED 75,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2016 price is 9.6%, before a service charge of about AED 21,700 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 2 August 2025.

Questions about 202, Safi Apartments 1A

What did unit 202 last sell for?

AED 1,148,888 on 2 June 2016, sold by the developer: AED 809 per sqft for 1,419 sqft. It is the only registered sale of the unit.

What is the rent for unit 202?

AED 110,000 a year on the contract renewed on 2 August 2025. The previous contract, from August 2025, was AED 125,000; the unit has been rented since July 2019.

How big is unit 202?

1,419 sqft (131.8 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 202 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 202, Safi Apartments 1A

Starts from the last sale price (AED 1.15M, 2 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,148,888
Deposit, UAE resident (20%)
AED 229,778
Deposit, non-resident (40%)
AED 459,555
Monthly over 25 years at 3.7%
AED 4,700

Plus AED 53,264 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →