3-bed · 1,340 sqftSafi Apartments 1B, Town Square · 2nd floor · completed 2018

226, 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 226 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 1.11M25 October 2015
Current rentAED 110K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 226, Safi Apartments 1B

What is 226 worth today?

Last sold for AED 1,111,888 in 2015

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12 Sep 2025RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
12 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 89 per sqft
15 Aug 2023RentedRenewal
AED 74,550/yr12 months · AED 55 per sqft
15 Aug 2022RentedRenewal
AED 74,550/yr12 months · AED 55 per sqft
10 Aug 2020RentedNew contract
AED 64,000/yr12 months · AED 48 per sqft
1 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft
25 Oct 2015Sold by developerOff-plan
AED 1,111,888AED 829 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
3-bed apartment
Size
1,340 sqft
Floor
2nd of 7
Parking
P-423
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.11M · October 2015

About 226, Safi Apartments 1B

226 is a three-bedroom apartment of 1,340 sqft on the 2nd floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 1,111,888, or AED 829 per sqft, in line with the AED 825 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 12 September 2025, is AED 110,000 a year: a gross yield of 9.9% on the 2015 price.

Sales and rents for 226 over time

Sales
Unit 226, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,337,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,270,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, October 2015: AED 1,111,888 (AED 829 per sqft)

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

Rents
Unit 226, each contractTypical three-bed in Safi Apartments 1B
100K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 64,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 102,000; 2025 AED 120,000New contract, July 2019: AED 75,000 a yearNew contract, August 2020: AED 64,000 a yearRenewal, August 2022: AED 74,550 a yearRenewal, August 2023: AED 74,550 a yearNew contract, September 2024: AED 120,000 a yearRenewal, September 2025: AED 110,000 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 1B, and where 226 sits

All 36 3-beds →

226 last sold in October 2015 at AED 829 per sqft, in line with what three-beds in Safi Apartments 1B were fetching at the time (AED 825). Over the last 12 months three-beds sold for AED 1,660,000, around AED 1,238 per sqft, and rent for AED 120,000 to 132,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
9 Apr 20251,980,000
1 3-bed sale 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 2nd floor

All 181 units in Safi Apartments 1B
Value
2012-bedAED 819K · Oct 2015
2023-bedAED 1.65M · Dec 2024
2031-bedAED 740K · Oct 2024
2041-bedAED 470K · Sep 2019
2051-bedAED 600K · Oct 2015
206StudioAED 419K · Jan 2016
2071-bedAED 550K · Sep 2015
1–7 of 25

226, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 1,111,888, or AED 829 per sqft.
  • Rented since July 2019 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 64,000 in 2020 and recovered to AED 110,000 by September 2025.
  • At AED 110,000 a year the gross yield on the 2015 price is 9.9%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,660,000 in the 12 months to November 2026; the building's median across all types is AED 1,281 per sqft.

Source: Dubai Land Department. Updated 12 September 2025.

Questions about 226, Safi Apartments 1B

What did unit 226 last sell for?

AED 1,111,888 on 25 October 2015, sold by the developer: AED 829 per sqft for 1,340 sqft. It is the only registered sale of the unit.

What is the rent for unit 226?

AED 110,000 a year on the contract renewed on 12 September 2025. The previous contract, from September 2024, was AED 120,000; the unit has been rented since July 2019.

How big is unit 226?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 226 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 1B sold for AED 1,660,000 to 1,660,000 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 226, Safi Apartments 1B

Starts from the last sale price (AED 1.11M, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,111,888
Deposit, UAE resident (20%)
AED 222,378
Deposit, non-resident (40%)
AED 444,755
Monthly over 25 years at 3.7%
AED 4,549

Plus AED 51,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →