Home
Dubai prices
About
Research
Studio · 330 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

111, Safi Apartments 1B

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 9 March 2025
Last soldAED 285K27 September 2022
Current rentAED 40K /yr9 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 111

Property timeline for 111, Safi Apartments 1B

What is 111 worth today?

Last sold for AED 285,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 121 per sqft
9 Mar 2024RentedNew contract
AED 40,000/yr12 months · AED 120 per sqft
1 Nov 2022RentedNew contract
AED 29,000/yr12 months · AED 88 per sqft
27 Sep 2022SoldReady
AED 285,000AED 863 per sqft
22 Sep 2021RentedNew contract
AED 20,000/yr12 months · AED 60 per sqft
1 Sep 2020RentedNew contract
AED 20,000/yr12 months · AED 60 per sqft
28 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 75 per sqft
10 Apr 2019Sold by developerReady
AED 400,888AED 1,214 per sqft

Source: Dubai Land Department. Updated 9 March 2025.

Key facts

Type
Studio apartment
Size
330 sqft
Floor
1st of 7
Parking
G-330
Developer
Nshmi Development
Completed
2018
Last sold
AED 285K · September 2022
Building
Safi Apartments 1B

About 111, Safi Apartments 1B

111 is a studio of 330 sqft on the 1st floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 27 September 2022 for AED 285,000, or AED 863 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 9 March 2025, is AED 40,000 a year: a gross yield of 14.0% on the 2022 price.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical studio in Safi Apartments 1B
300K400K2015201820212024Typical sale price by year: 2015 AED 365,888; 2016 AED 422,888; 2019 AED 400,888; 2020 AED 359,944; 2024 AED 450,000Sold by developer, April 2019: AED 400,888 (AED 1,214 per sqft)Sold, September 2022: AED 285,000 (AED 863 per sqft)

111 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 111, each contractTypical studio in Safi Apartments 1B
20K30K40K20192021202320252027Typical rent by year: 2019 AED 26,000; 2020 AED 23,000; 2021 AED 21,000; 2022 AED 27,000; 2023 AED 28,321; 2024 AED 35,000; 2025 AED 36,000; 2026 AED 36,000New contract, September 2019: AED 25,000 a yearNew contract, September 2020: AED 20,000 a yearNew contract, September 2021: AED 20,000 a yearNew contract, November 2022: AED 29,000 a yearNew contract, March 2024: AED 40,000 a yearNew contract, March 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 1B, and where 111 sits

All 21 studios →

111's AED 40,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jul 2025390,000
20 Jan 2025350,000
23 Sep 2024349,888
23 Sep 2024450,000
0 studio sales in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,281
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.3%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 181 units in Safi Apartments 1B
Value
1012-bedAED 995K · May 2017
1023-bedAED 1.78M · Jul 2025
1032-bedAED 900K · Oct 2015
1042-bedAED 821K · Jul 2020
105StudioAED 350K · Jun 2023
1061-bedAED 650K · Oct 2015
1073-bedAED 580K · Sep 2022
1–7 of 27

111, Safi Apartments 1B in numbers

  • Sold twice: first on 10 April 2019 for AED 400,888, last on 27 September 2022 for AED 285,000 (AED 863 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 25,000 to AED 20,000 in 2021 and recovered to AED 40,000 by March 2025.
  • At AED 40,000 a year the gross yield on the 2022 price is 14.0%.

Source: Dubai Land Department. Updated 9 March 2025.

Questions about 111, Safi Apartments 1B

What did unit 111 last sell for?

AED 285,000 on 27 September 2022: AED 863 per sqft for 330 sqft. The unit has 2 registered sales; the first was AED 400,888 in April 2019.

What is the rent for unit 111?

AED 40,000 a year on the contract signed on 9 March 2025. The previous contract, from March 2024, was AED 40,000; the unit has been rented since September 2019.

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.

Selling 111? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 111, Safi Apartments 1B

Starts from the last sale price (AED 285K, 27 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 285,000
Deposit, UAE resident (20%)
AED 57,000
Deposit, non-resident (40%)
AED 114,000
Monthly over 25 years at 3.7%
AED 1,166

Plus AED 14,880 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →