Safi 1B

Completed|189 units · 1 building

Safi 1B is a completed development by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 189 registered units. 282 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,285 per sqft. At AED 1,285 per sqft, Safi 1B prices 1% above the Town Square median of AED 1,268 per sqft on registered sales.

PIX© price · ↑13.0% YoY

1.06MAED

Typical

1,285AED

PSF

Gross yield

8.2%

PIX© rent ÷ PIX© price

Sale records

282

DLD · all time

Rent contracts

1,038

Ejari · all time

Location data © OpenStreetMap contributors

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai28 min · 27.4 km

DXB Airport33 min · 40.4 km

DIFC33 min · 31.4 km

Dubai Marina28 min · 26.2 km

Palm Jumeirah30 min · 27.9 km

Nearby · straight-line

MallArabian Ranches Community Center5.4 km

SchoolGems Metropole School2.6 km

HospitalMediclinic Parkview7.3 km

OPEN IN GOOGLE MAPS →

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 3

…

1 Bed on Floor 3, Safi 1B

Size
Record: May 2016 to Sep 2026
Owners: 3
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
6Tenant 6	15 Sep 2026		Renewal Owner 3
6Tenant 6	15 Sep 2025	12 mo	Renewal Owner 3
6Tenant 6	15 Sep 2024	12 mo	Owner 3
5Tenant 5	15 Sep 2024	12 mo	Owner 3
4Tenant 4	10 Mar 2024	5 mo	Ended early Owner 3
3Tenant 3	20 Feb 2023	12 mo	Renewal Owner 3
3Tenant 3	20 Feb 2022	12 mo	Owner 3
2Tenant 2	20 Feb 2021	14 mo	Owner 3
3Owner 3	28 Oct 2020	5.9 yrs	Current owner Sold with tenant in place
2Owner 2	29 Oct 2019	12 mo	Sold with tenant in place
1Tenant 1	20 Oct 2019	16 mo	Owner 1
1Owner 1	23 May 2016	3.4 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 3 · Safi 1B

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Safi 1B1,285AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 319 - 2,593 sqft	189	1.06M	1,285	↑13.0%		87K	8.2%
Residential
Studio · Apartment 319 - 334 sqft	22
1 Bed · Apartment 573 - 848 sqft	55
2 Bed · Apartment 881 - 1,584 sqft	67
3 Bed · Apartment 1,339 - 2,593 sqft	37
Commercial
Shop 550 - 2,149 sqft	8	-	-	-	-		-

Sales - Project-Wide282 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
4 Sep 2026	2 Bed	Safi 1B · Floor 5	881	1,100,000	1,249	-4.3%	Standard	Standard Sale
15 May 2026	2 Bed	Safi 1B · Floor 6	937	987,000	1,054	-16.0%	Entry Level	Standard Sale
6 May 2026	3 Bed	Safi 1B · Floor 5	1,419	1,800,000	1,268	+16.1%	Standard	Standard Sale

Rentals - Project-Wide1,038 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
2 Nov 2026	1 Bed	Safi 1B · Floor 5	628	55,000	88	-	Entry Level	CONTRACT
15 Oct 2026	3 Bed	Safi 1B · Floor 3	1,419	138,859	98	-	Standard	CERTIFICATE
12 Oct 2026	3 Bed	Safi 1B · Floor 7	1,498	160,888	107	-	Standard	CERTIFICATE

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

Location data © OpenStreetMap contributors

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare1 peer could not be placed

This project

Safi 1B

Compared with

Parkside

PIX© PSF

1,312

Rank

#9 of 30

#8 of 30

Typical price

1.12M

Yield

7.6%

Units

189

131

Sales

Rents

541

327

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Hamilton NSHMI DEVELOPMENT L.L.C · Completed	242					48	146
	Jenna Main Square 2 NSHMI DEVELOPMENT L.L.C · Completed	257					107	798
	Hayat Boulevard 2A NSHMI DEVELOPMENT L.L.C · Completed	191					63	508
	Holland Gardens NSHMI DEVELOPMENT L.L.C · Completed	229					39	151
	Parkside NSHMI DEVELOPMENT L.L.C · Completed	131					43	327
9	Safi 1B NSHMI DEVELOPMENT L.L.C · Completed	189	1,312	Subject	1.12M	7.6%	64	541
	Safi 2B NSHMI DEVELOPMENT L.L.C · Completed	89					50	271
	Hayat Boulevard 1A NSHMI DEVELOPMENT L.L.C · Completed	191					65	543
	Zahra Apartments 1A NSHMI DEVELOPMENT L.L.C · Completed	161					57	413
	Safi NSHMI DEVELOPMENT L.L.C · Completed	590					347	2,414
	Zahra Apartments 2A NSHMI DEVELOPMENT L.L.C · Completed	165					74	393

Community median 1,268 AED/sqft. Showing the closest-ranked peers of 30 ranked projects in the community. 1 community project excluded for insufficient recorded sales. 26 excluded for trading only in the off-plan market. 9 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Hayat Boulevard 1AAED 1,288/sqft
Safi 2BAED 1,292/sqft
Zahra Apartments 1AAED 1,275/sqft
SafiAED 1,274/sqft
Zahra Apartments 2AAED 1,269/sqft
UNA ApartmentsAED 1,268/sqft

Common questions about Safi 1B

Answered from Dubai Land Department registered transactions.

How much does a property in Safi 1B cost?

Property in Safi 1B sells at a current PIX© price of AED 1,285 per sqft, or about AED 1,057,359 for a typical unit, based on 282 sales registered with the Dubai Land Department.

Is Safi 1B completed?

Yes. Safi 1B is recorded as completed in the Dubai Land Department project register.

Who is the developer of Safi 1B?

Safi 1B is developed by NSHMI DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Safi 1B?

Safi 1B yields 8.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,038 registered Ejari contracts.

How many units are in Safi 1B?

Safi 1B holds 189 registered units, per the Dubai Land Department unit register.

Have prices in Safi 1B gone up or down?

Price per sqft has risen +13.0% over the last 12 months, to AED 1,285, across 282 registered sales.