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Studio · 334 sqftSafi Apartments 1B, Town Square · 1st floor · completed 2018

112, Safi Apartments 1B

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.

Unit 112 · DLD and Ejari recordsUpdated 8 July 2025
Last soldAED 373K13 October 2015
Current rentAED 36K /yr8 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 112, Safi Apartments 1B

What is 112 worth today?

Last sold for AED 372,888 in 2015

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8 Jul 2025RentedNew contract
AED 36,000/yr12 months · AED 108 per sqft
2 Apr 2024RentedRenewal
AED 33,000/yr12 months · AED 99 per sqft
1 Apr 2023RentedRenewal
AED 28,321/yr12 months · AED 85 per sqft
1 Apr 2022RentedNew contract
AED 24,000/yr12 months · AED 72 per sqft
4 Feb 2022RentedRenewal
AED 36,000/yr1 months · AED 108 per sqft
4 Aug 2020RentedRenewal
AED 25,000/yr12 months · AED 75 per sqft
4 Aug 2019RentedNew contract
AED 25,000/yr12 months · AED 75 per sqft
13 Oct 2015Sold by developerOff-plan
AED 372,888AED 1,117 per sqft

Source: Dubai Land Department. Updated 8 July 2025.

Key facts

Type
Studio apartment
Size
334 sqft
Floor
1st of 7
Parking
G-327
Developer
Nshmi Development
Completed
2018
Last sold
AED 373K · October 2015
Building
Safi Apartments 1B

About 112, Safi Apartments 1B

112 is a studio of 334 sqft on the 1st floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 13 October 2015 for AED 372,888, or AED 1,117 per sqft, in line with the AED 1,118 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 8 July 2025, is AED 36,000 a year: a gross yield of 9.7% on the 2015 price.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical studio in Safi Apartments 1B
350K400K450K2015201820212024Typical 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, October 2015: AED 372,888 (AED 1,117 per sqft)

112 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 112, each contractTypical studio in Safi Apartments 1B
20K30K20192021202320252027Typical 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, August 2019: AED 25,000 a yearRenewal, August 2020: AED 25,000 a yearRenewal, February 2022: AED 36,000 a yearNew contract, April 2022: AED 24,000 a yearRenewal, April 2023: AED 28,321 a yearRenewal, April 2024: AED 33,000 a yearNew contract, July 2025: AED 36,000 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 112 sits

All 21 studios →

112 last sold in October 2015 at AED 1,117 per sqft, in line with what studios in Safi Apartments 1B were fetching at the time (AED 1,118). 112's AED 36,000 is in the upper half 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

112, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 13 October 2015 for AED 372,888, or AED 1,117 per sqft.
  • Rented since August 2019 on 7 Ejari contracts, from AED 25,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2015 price is 9.7%.

Source: Dubai Land Department. Updated 8 July 2025.

Questions about 112, Safi Apartments 1B

What did unit 112 last sell for?

AED 372,888 on 13 October 2015, sold by the developer: AED 1,117 per sqft for 334 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 36,000 a year on the contract signed on 8 July 2025. The previous contract, from April 2024, was AED 33,000; the unit has been rented since August 2019.

How big is unit 112?

334 sqft (31.0 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 1B

Starts from the last sale price (AED 373K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 372,888
Deposit, UAE resident (20%)
AED 74,578
Deposit, non-resident (40%)
AED 149,155
Monthly over 25 years at 3.7%
AED 1,526

Plus AED 18,572 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →