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. 283 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,252 per sqft. At AED 1,252 per sqft, Safi 1B prices 1% below the Town Square median of AED 1,270 per sqft on registered sales.

PIX© price · ↑8.0% YoY

1.04MAED

Typical

1,252AED

PSF

Gross yield

9.0%

PIX© rent ÷ PIX© price

Sale records

283

DLD · all time

Rent contracts

1,048

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 6

…

2 Bed on Floor 6, Safi 1B

Size
Record: Jul 2016 to Oct 2026
Owners: 4
Tenants: 6
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
4Owner 4	22 Oct 2026	11 d	Current owner Sold with tenant in place
6Tenant 6	1 Jul 2026		Renewal Owner 3
3Owner 3	15 May 2026	5 mo	Sold with tenant in place
6Tenant 6	1 Jul 2025	12 mo	Owner 2
2Owner 2	5 Mar 2025	14 mo
5Tenant 5	24 Apr 2024	8 mo	Owner 1
4Tenant 4	24 Apr 2023	12 mo	Ended early Owner 1
3Tenant 3	16 Apr 2022	12 mo	Renewal Owner 1
3Tenant 3	15 Apr 2021	12 mo	Owner 1
2Tenant 2	10 Apr 2020	12 mo	Owner 1
1Tenant 1	10 Apr 2019	12 mo	Owner 1
1Owner 1	26 Jul 2016	8.6 yrs

PIX© Airbnb Calculator

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

2 Bed · Floor 6 · 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 1B1,252AED/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	1.04M	1,252	↑8.0%		94K	9.0%
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-Wide283 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
22 Oct 2026	2 Bed	Safi 1B · Floor 6	937	1,030,000	1,100	+4.4%	Entry Level	Standard Sale
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

Rentals - Project-Wide1,048 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
9 Nov 2026	1 Bed	Safi 1B · Floor 4	628	46,000	73	-	Entry Level	CERTIFICATE
2 Nov 2026	1 Bed	Safi 1B · Floor 5	628	55,000	88	-	Entry Level	CONTRACT
1 Nov 2026	1 Bed	Safi 1B · Floor 2	596	60,000	101	-	Entry Level	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

Zahra Breeze Apartments 4A

PIX© PSF

1,311

Rank

#10 of 30

#9 of 30

Typical price

1.12M

Yield

7.6%

Units

189

177

Sales

Rents

529

477

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Jenna Main Square 2 NSHMI DEVELOPMENT L.L.C · Completed	257					108	796
	Hayat Boulevard 2A NSHMI DEVELOPMENT L.L.C · Completed	191					64	498
	Holland Gardens NSHMI DEVELOPMENT L.L.C · Completed	229					40	153
	Hayat Boulevard 1B NSHMI DEVELOPMENT L.L.C · Completed	202					86	557
	Zahra Breeze Apartments 4A NSHMI DEVELOPMENT L.L.C · Completed	177					80	477
10	Safi 1B NSHMI DEVELOPMENT L.L.C · Completed	189	1,311	Subject	1.12M	7.6%	65	529
	Parkside NSHMI DEVELOPMENT L.L.C · Completed	131					43	324
	Safi 2B NSHMI DEVELOPMENT L.L.C · Completed	89					50	261
	Hayat Boulevard 1A NSHMI DEVELOPMENT L.L.C · Completed	191					65	539
	Zahra Apartments 1A NSHMI DEVELOPMENT L.L.C · Completed	161					56	404
	Hayat Boulevard NSHMI DEVELOPMENT L.L.C · Completed	684					254	1,871

Community median 1,270 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.

Rawda Apartments 1AED 1,260/sqft
SafiAED 1,262/sqft
Zahra Apartments 2BAED 1,262/sqft
Rawda ApartmentsAED 1,239/sqft
Safi 1AAED 1,266/sqft
Jenna Main Square 1AED 1,267/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 1,252 per sqft, or about AED 1,042,763 for a typical unit, based on 283 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 9.0% gross, calculated from current PIX© rent against current PIX© sale price, across 1,048 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 +8.0% over the last 12 months, to AED 1,252, across 283 registered sales.