3-bed · 1,412 sqftSafi Apartments 1A, Town Square · 3rd floor · completed 2018

306, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 1.4M4 February 2025
Current rentAED 88K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Safi Apartments 1A

What is 306 worth today?

Last sold for AED 1,400,000 in 2025

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4 Feb 2025SoldReady
AED 1,400,000AED 991 per sqft
15 Jun 2024RentedRenewal
AED 88,000/yr12 months · AED 62 per sqft
15 Jun 2023RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
11 Feb 2022SoldReady
AED 960,000AED 679 per sqft
1 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 46 per sqft
28 Nov 2017Sold by developerOff-plan
AED 1,409,888AED 998 per sqft

Source: Dubai Land Department. Updated 4 February 2025.

Key facts

Type
3-bed apartment
Size
1,412 sqft
Floor
3rd of 7
Parking
P-279
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,600 /yr
Last sold
AED 1.4M · February 2025

About 306, Safi Apartments 1A

306 is a three-bedroom apartment of 1,412 sqft on the 3rd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 4 February 2025 for AED 1,400,000, or AED 991 per sqft, in line with the AED 993 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 88,000 a year: a gross yield of 6.3% on the 2025 price, before the service charge of about AED 21,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, November 2017: AED 1,409,888 (AED 998 per sqft)Sold, February 2022: AED 960,000 (AED 679 per sqft)Sold, February 2025: AED 1,400,000 (AED 991 per sqft)

306 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 306, each contractTypical three-bed in Safi Apartments 1A
75K100K2019202120232025Typical 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, February 2021: AED 65,000 a yearRenewal, June 2023: AED 80,000 a yearRenewal, June 2024: AED 88,000 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 306 sits

All 36 3-beds →

306 last sold in February 2025 at AED 991 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 993). 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. 306's AED 88,000 is in the lower 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
27 Dec 20241,635,000
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 3rd floor

All 156 units in Safi Apartments 1A
Value
3012-bedAED 824K · Oct 2015
3023-bedAED 1M · Sep 2020
3032-bedAED 880K · Jul 2024
3042-bedAED 826K · Apr 2024
3052-bedAED 650K · Jun 2021
3072-bedAED 650K · May 2021
3082-bedAED 840K · May 2023
1–7 of 22

306, Safi Apartments 1A in numbers

  • Sold 3 times: first on 28 November 2017 for AED 1,409,888, last on 4 February 2025 for AED 1,400,000 (AED 991 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 65,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2025 price is 6.3%, before a service charge of about AED 21,600 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 4 February 2025.

Questions about 306, Safi Apartments 1A

What did unit 306 last sell for?

AED 1,400,000 on 4 February 2025: AED 991 per sqft for 1,412 sqft. The unit has 3 registered sales; the first was AED 1,409,888 in November 2017.

What is the rent for unit 306?

AED 88,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2023, was AED 80,000; the unit has been rented since February 2021.

How big is unit 306?

1,412 sqft (131.2 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 306 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 306, Safi Apartments 1A

Starts from the last sale price (AED 1.4M, 4 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →