# Town Square Safi

Town Square Safi is a project by Nshmi Development L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 55 sales registered in the trailing 12 months at a median AED 1.14M (1 250 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Nshmi Development L.L.C | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 19 Apr 2015 | DLD verified |
| Construction started | 1 Aug 2015 | DLD verified |
| Declared completion | 9 Feb 2019 | DLD verified |
| Units in the project | 587 | DLD verified |
| Project area | 55 037 sqm | DLD verified |
| Escrow agent | Dubai Islamic Bank (Public Joint Stock Company) | DLD verified |
| Project number | 1646 | DLD verified |

Town Square Safi is a project by Nshmi Development L.L.C, recorded at 100% complete at its last Dubai Land Department inspection. 55 sales registered in the trailing 12 months at a median AED 1.14M (1 250 AED per square foot). Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 1.14M | +4.0% |
| Interquartile range | AED 1.05M – AED 1.20M | |
| Median price per sqft | 1 250 AED | +13.1% |
| Registered sales, 12 months | 55 | -38.2% |
| Off-plan share | 0.0% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 4 | — | — | — | — | — |
| 1-bedroom apartments | 5 | AED 840k | 1 327 | 628 sqft | — | — |
| 2-bedroom apartments | 36 | AED 1.14M | 1 247 | 934 sqft | — | — |
| 3-bedroom apartments | 10 | AED 1.79M | 1 261 | 1 415 sqft | — | — |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| May 2026 | 7 | 1 210 | 981 – 1 258 |
| Apr 2026 | 3 | insufficient data | |
| Mar 2026 | 5 | 1 616 | 1 281 – 1 645 |
| Feb 2026 | 8 | 1 276 | 1 252 – 1 281 |
| Jan 2026 | 6 | 1 148 | 1 077 – 1 286 |
| Dec 2025 | 4 | insufficient data | |
| Nov 2025 | 6 | 1 148 | 1 102 – 1 245 |
| Oct 2025 | 5 | 1 249 | 1 205 – 1 275 |
| Sep 2025 | 5 | 1 168 | 917 – 1 259 |
| Aug 2025 | 0 | insufficient data | |
| Jul 2025 | 5 | 894 | 789 – 1 181 |
| Jun 2025 | 8 | 1 207 | 1 167 – 1 241 |
| May 2025 | 11 | 1 129 | 1 062 – 1 217 |

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/town-square-safi/  
**Suggested citation:** Continental Club Property, "Town Square Safi", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/town-square-safi/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.