Zahra Apartments 1B

Completed|87 units · 1 building

Zahra Apartments 1B is a completed development by NSHMI DEVELOPMENT L.L.C in Town Square, comprising 87 registered units. 134 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,167 per sqft. At AED 1,167 per sqft, Zahra Apartments 1B prices 3% below the Town Square median of AED 1,206 per sqft on registered sales.

PIX© price · ↓1.4% YoY

1.26MAED

Typical

1,167AED

PSF

Gross yield

5.7%

PIX© rent ÷ PIX© price

Sale records

134

DLD · all time

Rent contracts

419

Ejari · all time

SATELLITE

LocationTown Square

Drive times · typical

Downtown Dubai26 min · 29.3 km

DXB Airport33 min · 40.8 km

DIFC31 min · 33.3 km

Dubai Marina25 min · 28.1 km

Palm Jumeirah28 min · 29.9 km

Nearest · straight-line

Metro stationJumeirah Golf Estates Metro Station 112.8 km

MallTown Square Community Center1.1 km

SchoolSkateraati - Townsquare0.3 km

HospitalMedcare Medical Centre, Town Square Dubai0.7 km

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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

…

3 Bed on Floor 6, Zahra Apartments 1B

Size
Record: Oct 2018 to Dec 2023
Owners: 4
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Price / RentAED	Held	Note
4Owner 4	25 Dec 2023		2.7 yrs	Current owner Sold with tenant in place
4Tenant 4	1 Sep 2023		12 mo	Owner 3 · Registered twice
3Owner 3	15 Feb 2023		10 mo	Sold with tenant in place Mortgage
3Tenant 3	10 Jul 2022		13 mo	Renewal Owner 2
3Tenant 3	10 Jul 2021		12 mo	Owner 2
2Tenant 2	13 Dec 2020		7 mo	Ended early Owner 2
1Tenant 1	15 Jul 2020		5 mo	Renewal Owner 2
1Tenant 1	15 Apr 2019		15 mo	Owner 2
2Owner 2	3 Oct 2018		4.4 yrs
Owner 1 · Undisclosed		—		Acquisition date and price not on record

PIX© Airbnb Calculator

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

3 Bed · Floor 6 · Zahra Apartments 1B

Nightly rateAED

Occupancy (237 nights)

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Zahra Apartments 1B1,167AED/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 202 - 2,643 sqft	87	1.26M	1,167	↓1.4%		73K	5.7%
Residential
Studio · Apartment 343 sqft	1	-	-	-		-	-
2 Bed · Apartment 883 - 1,586 sqft	54
3 Bed · Apartment 1,362 - 2,643 sqft	23
Commercial
Warehouse 202 - 905 sqft	9	-	-	-	-	-	-

Sales - Project-Wide134 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
24 Jul 2026	2 Bed	Zahra Apartments 1B · Floor 2	970	1,150,000	1,186	+56.9%	Standard	Standard Sale
14 Apr 2026	2 Bed	Zahra Apartments 1B · Floor 6	936	1,200,000	1,282	-	Standard	Standard Sale
13 Jan 2026	2 Bed	Zahra Apartments 1B · Floor 7	940	1,200,000	1,277	+37.5%	Standard	Standard Sale

Rentals - Project-Wide419 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
17 Sep 2026	3 Bed	Zahra Apartments 1B · Floor 6	2,596	125,000	48	-	Standard	CERTIFICATE
15 Sep 2026	2 Bed	Zahra Apartments 1B · Floor 4	903	72,500	80	-	Entry Level	CONTRACT
15 Sep 2026	2 Bed	Zahra Apartments 1B · Floor 5	896	75,075	84	-	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

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Zahra Apartments 1B

Compared with

Zahra Breeze Apartments 4A

PIX© PSF

1,176

Rank

#20 of 30

#19 of 30

Typical price

1.25M

Yield

7.6%

Units

177

Sales

Rents

203

474

Developer

NSHMI DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Hayat Boulevard 1A NSHMI DEVELOPMENT L.L.C · Completed	191					67	546
	Parkviews NSHMI DEVELOPMENT L.L.C · Completed	213					52	524
	Safi NSHMI DEVELOPMENT L.L.C · Completed	590					346	2,422
	Hayat Boulevard NSHMI DEVELOPMENT L.L.C · Completed	684					255	1,890
	Zahra Breeze Apartments 4A NSHMI DEVELOPMENT L.L.C · Completed	177					78	474
20	Zahra Apartments 1B NSHMI DEVELOPMENT L.L.C · Completed	87	1,176	Subject	1.25M	7.6%	35	203
	Safi 2A NSHMI DEVELOPMENT L.L.C · Completed	153					68	441
	Safi 2B NSHMI DEVELOPMENT L.L.C · Completed	89					50	269
	Zahra Apartments 2A NSHMI DEVELOPMENT L.L.C · Completed	165					72	387
	Safi 1A NSHMI DEVELOPMENT L.L.C · Completed	156					78	441
	Zahra Breeze Apartments 3A NSHMI DEVELOPMENT L.L.C · Completed	194					88	514

Community median 1,206 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.

Safi 2AAED 1,170/sqft
Safi 2BAED 1,152/sqft
Zahra Apartments 2AAED 1,148/sqft
Safi 1AAED 1,143/sqft
Zahra Breeze Apartments 4AAED 1,199/sqft
Hayat BoulevardAED 1,201/sqft

Common questions about Zahra Apartments 1B

Answered from Dubai Land Department registered transactions.

How much does a property in Zahra Apartments 1B cost?

Property in Zahra Apartments 1B sells at a current PIX© price of AED 1,167 per sqft, or about AED 1,262,005 for a typical unit, based on 134 sales registered with the Dubai Land Department.

Is Zahra Apartments 1B completed?

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

Who is the developer of Zahra Apartments 1B?

Zahra Apartments 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 Zahra Apartments 1B?

Zahra Apartments 1B yields 5.7% gross, calculated from current PIX© rent against current PIX© sale price, across 419 registered Ejari contracts.

How many units are in Zahra Apartments 1B?

Zahra Apartments 1B holds 87 registered units, per the Dubai Land Department unit register.

Have prices in Zahra Apartments 1B gone up or down?

Price per sqft has fallen -1.4% over the last 12 months, to AED 1,167, across 134 registered sales.