2-bed · 937 sqftSafi Apartments 1A, Town Square · 3rd floor · completed 2018

301, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 301 · DLD and Ejari recordsUpdated 1 August 2024

Last soldAED 824K13 October 2015

Current rentAED 58K /yr1 August 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 301, Safi Apartments 1A

Today

What is 301 worth today?

Last sold for AED 823,888 in 2015

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1 Aug 2024

1 Aug 2024RentedRenewal

AED 58,212/yr12 months · AED 62 per sqft

1 Aug 2023

1 Aug 2023RentedRenewal

AED 52,920/yr12 months · AED 57 per sqft

1 Aug 2022

1 Aug 2022RentedRenewal

AED 50,400/yr12 months · AED 54 per sqft

1 Aug 2021

1 Aug 2021RentedRenewal

AED 48,000/yr12 months · AED 51 per sqft

1 Aug 2019

1 Aug 2019RentedNew contract

AED 52,000/yr12 months · AED 56 per sqft

13 Oct 2015

13 Oct 2015Sold by developerOff-plan

AED 823,888AED 879 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type: 2-bed apartment
Size: 937 sqft
Floor: 3rd of 7
Parking: P-361
Developer: Nshmi Development
Completed: 2018
Service charge: AED 14,300 /yr
Last sold: AED 824K · October 2015
Building: Safi Apartments 1A

About 301, Safi Apartments 1A

301 is a two-bedroom apartment of 937 sqft on the 3rd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 13 October 2015 for AED 823,888, or AED 879 per sqft, 3% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 58,212 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 301 over time

Sales

Unit 301, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 301, each contractTypical two-bed in Safi Apartments 1A

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

2-beds in Safi Apartments 1A, and where 301 sits

All 93 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,172 /sqft Safi Apartments 1A · all types1,172 /sqft

301 last sold in October 2015 at AED 879 per sqft, 3% above what two-beds in Safi Apartments 1A were fetching at the time (AED 851). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,172 per sqft, and rent for AED 68,250 to 90,000 a year. 301's AED 58,212 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	937 sqft	1,200,000	1,281
28 Jan 202628 January 2026	882 sqft	1,050,000	1,190
23 Jan 202623 January 2026	931 sqft	1,030,000	1,106
9 Jan 20269 January 2026	937 sqft	1,000,000	1,067

8 2-bed 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 3rd floor

All 156 units in Safi Apartments 1A


302	3-bed	1,419 sqft	AED 1MAED 1,000,000 · Sep 2020September 2020	65,000 /yr
303	2-bed	963 sqft	AED 880KAED 880,000 · Jul 2024July 2024	65,000 /yr
304	2-bed	931 sqft	AED 826KAED 826,000 · Apr 2024April 2024	95,000 /yr
305	2-bed	882 sqft	AED 650KAED 650,000 · Jun 2021June 2021
306	3-bed	1,412 sqft	AED 1.4MAED 1,400,000 · Feb 2025February 2025	88,000 /yr
307	2-bed	881 sqft	AED 650KAED 650,000 · May 2021May 2021	85,000 /yr
308	2-bed	1,002 sqft	AED 840KAED 840,000 · May 2023May 2023	54,000 /yr
309	1-bed	687 sqft	AED 730KAED 730,000 · Nov 2024November 2024	30,000 /yr
310	1-bed	687 sqft	AED 828KAED 828,000 · Jun 2025June 2025	63,000 /yr
311	2-bed	1,002 sqft	AED 816KAED 815,888 · Oct 2015October 2015	57,000 /yr
312	2-bed	881 sqft	AED 500KAED 500,000 · Mar 2020March 2020	44,003 /yr
313	3-bed	1,412 sqft	AED 1.18MAED 1,179,888 · Oct 2015October 2015	105,000 /yr
314	2-bed	882 sqft	AED 840KAED 840,000 · Mar 2024March 2024	80,000 /yr
315	2-bed	931 sqft	AED 1.1MAED 1,095,000 · Jan 2025January 2025	56,925 /yr
316	2-bed	964 sqft	AED 680KAED 680,000 · Jul 2021July 2021	45,000 /yr
317		1,419 sqft	AED 1.17MAED 1,171,888 · Oct 2016October 2016	175,000 /yr
318	2-bed	937 sqft	AED 824KAED 823,888 · Oct 2015October 2015	90,000 /yr
319	1-bed	573 sqft	AED 710KAED 710,000 · Aug 2024August 2024	53,000 /yr
320	2-bed	977 sqft	AED 811KAED 810,888 · Oct 2015October 2015	72,600 /yr
321	2-bed	1,040 sqft	AED 918KAED 917,888 · Oct 2015October 2015
322	2-bed	905 sqft	AED 660KAED 660,000 · Nov 2019November 2019	87,000 /yr
323	3-bed	1,340 sqft	AED 1.13MAED 1,125,888 · May 2018May 2018	120,000 /yr

1–7 of 22

301, Safi Apartments 1A in numbers

Sold once: by Nshmi Development on 13 October 2015 for AED 823,888, or AED 879 per sqft.
Rented since August 2019 on 5 Ejari contracts, from AED 52,000 to AED 58,212 a year.
At AED 58,212 a year the gross yield on the 2015 price is 7.1%, before a service charge of about AED 14,300 a year (AED 15.28 per sqft).
Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 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 1 August 2024.

Questions about 301, Safi Apartments 1A

What did unit 301 last sell for?

AED 823,888 on 13 October 2015, sold by the developer: AED 879 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 58,212 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 52,920; the unit has been rented since August 2019.

How big is unit 301?

937 sqft (87.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 301, Safi Apartments 1A

Starts from the last sale price (AED 824K, 13 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 823,888
Deposit, UAE resident (20%): AED 164,778
Deposit, non-resident (40%): AED 329,555
Monthly over 25 years at 3.7%: AED 3,371

Plus AED 39,614 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →