Studio · 343 sqftSafi Apartments 2B, Town Square · 1st floor · completed 2018

108, Safi Apartments 2B

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 108 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 367K25 October 2015
Current rentAED 37K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Safi Apartments 2B

What is 108 worth today?

Last sold for AED 366,888 in 2015

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1 Apr 2025RentedNew contract
AED 37,000/yr12 months · AED 108 per sqft
1 Dec 2023RentedNew contract
AED 34,000/yr12 months · AED 99 per sqft
22 Sep 2022RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft
1 Feb 2022RentedRenewal
AED 29,840/yr6 months · AED 87 per sqft
1 Aug 2021RentedRenewal
AED 30,000/yr6 months · AED 87 per sqft
1 Aug 2020RentedRenewal
AED 25,000/yr12 months · AED 73 per sqft
1 Aug 2019RentedNew contract
AED 25,000/yr12 months · AED 73 per sqft
25 Oct 2015Sold by developerOff-plan
AED 366,888AED 1,069 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
Studio apartment
Size
343 sqft
Floor
1st of 7
Parking
G-106
Developer
Nshmi Development
Completed
2018
Last sold
AED 367K · October 2015

About 108, Safi Apartments 2B

108 is a studio of 343 sqft on the 1st floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 366,888, or AED 1,069 per sqft, 12% below the AED 1,209 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 1 April 2025, is AED 37,000 a year: a gross yield of 10.1% on the 2015 price.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical studio in Safi Apartments 2B
400K500K2015201820212024Typical sale price by year: 2015 AED 387,888; 2025 AED 490,000Sold by developer, October 2015: AED 366,888 (AED 1,069 per sqft)

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

Rents
Unit 108, each contractTypical studio in Safi Apartments 2B
30K2019202120232025Typical rent by year: 2019 AED 25,500; 2020 AED 24,500; 2022 AED 24,000; 2023 AED 29,000; 2024 AED 32,000; 2025 AED 36,100New contract, August 2019: AED 25,000 a yearRenewal, August 2020: AED 25,000 a yearRenewal, August 2021: AED 30,000 a yearRenewal, February 2022: AED 29,840 a yearNew contract, September 2022: AED 24,000 a yearNew contract, December 2023: AED 34,000 a yearNew contract, April 2025: AED 37,000 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 2B, and where 108 sits

All 8 studios →

108 last sold in October 2015 at AED 1,069 per sqft, 12% below what studios in Safi Apartments 2B were fetching at the time (AED 1,209).

Recent studio salesUnit no.Price (AED)Summary
30 Jul 2025500,000
29 May 2025400,000
27 Mar 2025490,000
19 Sep 2024420,000
0 studio sales in the last 12 months

Safi Apartments 2B

Building

89 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,248
Typical sale
AED 1.25M
Typical rent
AED 77K /yr
Typical yield
6.2%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 89 units in Safi Apartments 2B
Value
1012-bedAED 819K · Aug 2020
1023-bedAED 1.86M · Jun 2025
1032-bedAED 910K · Sep 2016
1042-bedAED 786K · Jul 2016
105StudioAED 400K · Jun 2016
1061-bedAED 675K · Jul 2024
1073-bedAED 1.2M · Aug 2016
1–7 of 11

108, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 366,888, or AED 1,069 per sqft.
  • Rented since August 2019 on 7 Ejari contracts, from AED 25,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2015 price is 10.1%.

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 108, Safi Apartments 2B

What did unit 108 last sell for?

AED 366,888 on 25 October 2015, sold by the developer: AED 1,069 per sqft for 343 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 37,000 a year on the contract signed on 1 April 2025. The previous contract, from December 2023, was AED 34,000; the unit has been rented since August 2019.

How big is unit 108?

343 sqft (31.9 sqm): a studio on the 1st floor of a 7-storey tower completed in 2018.

What is unit 108 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 108, Safi Apartments 2B

Starts from the last sale price (AED 367K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 366,888
Deposit, UAE resident (20%)
AED 73,378
Deposit, non-resident (40%)
AED 146,755
Monthly over 25 years at 3.7%
AED 1,501

Plus AED 18,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →