Town Square Safi
تاون سكوير صافيNSHMI DEVELOPMENT L.L.C · Home sales since 2015 · mostly resales in the 12 months to 10 Sep 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Town Square Safi was AED 1,210/sqft in May 2026, from 7 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 587 units · 4 buildings · DLD target completion January 2018
Registered developer: NSHMI DEVELOPMENT L.L.C (DLD no. 1063)
Escrow account with Dubai Islamic Bank · Zoned by Dubai Development Authority (DDA)
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under TOWN SQUARE
Typical yearly rent of AED 90,000 across 6,223 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Street View imagery near Town Square Safi, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
AED 1,210/sqft
May 2026 · 7 home sales
+13.0%
May 2023 to May 2026, scaled up to a year
87 months
Recorded home resales here fall in 87 months, Feb 2019 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Town Square Safi — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Town Square Safi over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Town Square Safi itself. The rest are homes of the same size in Town Square, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 526.5K | AED 38,501/yrthis building · 12 new lets | 7.3% | 4 |
| 1 bed | AED 800K | AED 61,500/yrthis building · 34 new lets | 7.7% | 4 |
| 2 beds | AED 1.14M | AED 84,000/yrthis building · 88 new lets | 7.3% | 34 |
| 3 beds | AED 1.79M | AED 120,000/yrthis building · 25 new lets | 6.7% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 817.89K), a 2 beds here reads 10.3% instead of 7.3%. The yield in the table above uses the AED 1.14M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners’ association budget for 2021 — AED 15/sqft, as recorded with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| 2 beds | AED 13,618 | AED 70,382 | 7.3% | 6.2% |
| 3 beds | AED 20,673 | AED 99,327 | 6.7% | 5.5% |
Only the service charge is taken off.
Reserve fund: AED 0.3/sqft of the AED 14.6/sqft recorded for 2021.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Town Square Safi
How much does a home in Town Square Safi cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Town Square Safi was AED 1.14M for a 2-bedroom (34 ready sales) and AED 1.79M for a 3-bedroom (10 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Town Square Safi?
The typical rent (the median: half of the rent contracts were above this, half below) in Town Square Safi is AED 84,000/yr for a 2-bedroom (88 new tenancies recorded in Town Square Safi itself) and AED 120,000/yr for a 3-bedroom (25 new tenancies recorded in Town Square Safi itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Town Square Safi itself.
What rental yield does Town Square Safi give?
The yield before costs on completed homes in Town Square Safi is about 7.3% on a 2-bedroom and 6.7% on a 3-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Town Square Safi selling off-plan or as resales?
0% of the 58 home sales recorded in Town Square Safi in the 12 months to 10 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Town Square Safi start selling?
The Land Department's register holds 933 home sales in Town Square Safi. The earliest was recorded in Aug 2015 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Town Square typical price
-8.6%
Priced at or below the area's typical price. May 2026: 7 sales here against 89 in the area.
Developer track record
8,672 recorded sales
Matched to NSHMI DEVELOPMENT L.L.C, Aug 2015 to 6 Oct 2026.
7 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
Low competitionWhen Town Square Safi handed over in January 2018, 1 other project in Town Square had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 23 other projects in Town Square as not yet finished. The project listed below is not among them.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
2.6 km
Gems Metropole School
161 m
Spinneys
Schools
- Gems Metropole School2.6 km
- Ranches Primary School2.7 km
Supermarkets
- Spinneys161 m
- Spinneys165 m
- Carrefour869 m
- Spinneys1.3 km
Bus stops
- Bus stop2.4 km
Pharmacies
- LIFE Pharmacy2.4 km
Parks
- Central Park (under construction)441 m
- Town Square Park753 m
- Mira Oasis 3 Park1.1 km
- Mudon Park2.7 km
Mosques
- Layan Mosque1.8 km
- Al Madinah Al Mustadama2.3 km
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.
Buildings in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Town Square
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Unknown developer
Mar 2026 · 8 home sales
Unknown developer
Aug 2026 · 7 home sales
NSHMI DEVELOPMENT L.L.C
Sep 2026 · 8 home sales
Nshama Properties Owned By Nshmi Development One Person Company L.L.C
Feb 2026 · 5 home sales
Nshama Properties Owned By Nshmi Development One Person Company L.L.C
Jul 2026 · 5 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Town Square Safi?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.