Town Square Safi in Town Square - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Town Square Safi

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	30	13,707	406,629
1	58	10,350	603,905
2	90	10,288	923,889
3	157	9,611	1,512,500

Rents in Town Square Safi

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	60	950	57,000
2	87	918	80,018
3	129	915	118,333

The cap rate (rental yield) of investments into Town Square Safi project is 9.0% on average.

The price of an apartment in Town Square Safi is 10,214 AED/sqm on average.

Price for completed Studio apartment in Town Square Safi is 406,629 AED or 13,707 AED/sqm.
Price for completed 1 bedroom apartment in Town Square Safi is 603,905 AED or 10,350 AED/sqm.
Price for completed 2 bedroom apartment in Town Square Safi is 923,889 AED or 10,288 AED/sqm.
Price for completed 3 bedroom apartment in Town Square Safi is 1,512,500 AED or 9,611 AED/sqm.

Rent in Town Square Safi is 9,611 AED/sqm/year on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Town Square Safi is 57,000 AED or 950 AED/sqm.
Rent for 2 bedroom apartment in Town Square Safi is 80,018 AED or 918 AED/sqm.
Rent for 3 bedroom apartment in Town Square Safi is 118,333 AED or 915 AED/sqm.

About Town Square Safi

'Town Square Safi' in 'Town Square' area project description

Town Square Safi is a new residential and commercial development located in the heart of Dubai, UAE. The project is a joint venture between Dubai-based developer Nakheel and Saudi-based developer Al Safi. The project is located in the heart of the city, in the Al Safi area, and is set to become a major hub for business, leisure, and entertainment.

The development will include a mix of residential and commercial buildings, including a shopping mall, a hotel, and a range of restaurants and cafes. The mall will feature a variety of stores, including fashion, electronics, and home furnishings. The hotel will offer a range of services, including a spa, a fitness center, and a business center. There will also be a range of entertainment options, such as a cinema, a bowling alley, and a gaming arcade.

The development will also include a range of green spaces, including parks, gardens, and walkways. The project is designed to be pedestrian-friendly, with wide sidewalks, bike paths, and public transport links. The development will also feature a range of public art installations, designed to add to the aesthetic appeal of the area.

The project is set to be completed in 2021, and is expected to become a major hub for business, leisure, and entertainment. The development is expected to create thousands of jobs, and provide an economic boost to the area. It is also expected to attract a range of international visitors, and become a major tourist destination.

Town Square Safi is set to become a major landmark in Dubai, and is expected to have a significant impact on the city’s economy. The project is set to be a major draw for both locals and tourists, and is sure to become a major destination in the city.

Q&A on Town Square Safi

Description of 'Town Square Safi' project in Dubai for real estate buyers and renters

Town Square Safi is a mixed-use development project located in Dubai, United Arab Emirates. The project is a joint venture between Dubai-based developer Meraas and Saudi-based developer Al-Tameer. The project is located in the heart of Dubai, in the Al Safi area, and is set to become a major landmark in the city.

The project is designed to be a vibrant, modern, and sustainable community that offers a wide range of amenities and services to its residents. It will include residential, commercial, and retail spaces, as well as leisure and entertainment facilities. The development will feature a variety of residential units, ranging from studio apartments to villas, as well as a variety of retail outlets, restaurants, and cafes.

The project will also feature a number of green spaces, including a park, gardens, and a waterfront promenade. The development will also include a range of public spaces, such as a mosque, a library, and a community center. The project is designed to be a self-sustaining community, with its own energy, water, and waste management systems.

The project is expected to create over 10,000 jobs in the area, and to contribute to the economic growth of the region. It is also expected to attract more tourists to the area, as well as to provide a boost to the local economy. The project is set to be completed by 2021, and is expected to become a major landmark in Dubai.

Town Square Safi is a major project that is set to become a major landmark in Dubai. It is designed to be a vibrant, modern, and sustainable community that offers a wide range of amenities and services to its residents. The project is expected to create over 10,000 jobs in the area, and to contribute to the economic growth of the region. It is also expected to attract more tourists to the area, as well as to provide a boost to the local economy.

What are the advantages of 'Town Square Safi' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: Town Square Safi offers a range of affordable real estate options for buyers, with prices starting from as low as AED 599,000.

2. Prime Location: The project is located in the heart of Dubai, close to major attractions such as the Dubai Mall, Burj Khalifa, and Dubai Creek.

3. Quality Construction: Town Square Safi is being developed by Emaar, one of the leading real estate developers in the UAE, ensuring quality construction and superior design.

4. Amenities: The project offers a range of amenities such as a swimming pool, gym, and children’s play area, making it an ideal choice for families.

5. Easy Payment Plans: Town Square Safi offers flexible payment plans, allowing buyers to pay in installments over a period of time.

What are the advantages of 'Town Square Safi' project in Dubai for property buyers? What are the disadvantages?

1. Affordable Prices: Town Square Safi offers buyers a range of affordable housing options, making it an attractive option for those looking to invest in Dubai’s real estate market.

2. Prime Location: Located in the heart of Dubai, Town Square Safi is close to many of the city’s main attractions, including the Dubai Mall, Burj Khalifa, and the Dubai Marina.

3. Modern Amenities: Town Square Safi features a range of modern amenities, such as a swimming pool, gym, and children’s play area, making it an ideal choice for families.

4. Quality Construction: Town Square Safi is built to the highest standards, ensuring that buyers can rest assured that their investment will be safe and secure.

5. Flexible Payment Plans: Town Square Safi offers buyers a range of flexible payment plans, making it easier for them to purchase their dream home.