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TOWN SQUARE SAFI

Completed

Developed by NSHMI DEVELOPMENT L.L.C. Located in Al Yelayiss 2.

Construction progress100%Expected 30 Jan 2018
Units5874 buildings · 0 villas
Registered sales93258 in the last 12 months
Median sale priceAED 819KMedian of registered salesAED 884/sqft

Registry record

Project number
1646
Name on the register
تاون سكوير صافي
Developer
NSHMI DEVELOPMENT L.L.C
Master developer
نشاما للتطوير ش.ذ.م.م
Escrow agent
DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)
Zoning authority
Dubai Development Authority (DDA)
Master project
TOWN SQUARE
Start date
1 Aug 2015
Expected completion
9 Feb 2019
Actual completion
30 Jan 2018
Cancelled
Not recorded
Plots
39
Progress
100%

G+P+7 X 4 BUILDINGS (2 BUIDLINGS SHARING SAME PODIUM). PARKING AS PER DM REGULATIONS LOCATED AT GROUND AND PODIUM FLOORS.FLOORS FROM 1 TO 7 ARE FULLY RESIDENTIAL. ONE BUILDING HAS 7 UNIT RETAILS IN THE GROUND FLOOR.WITH INTERNAL AND EXTERNAL FINISHES AND THE INFRASTRUCTURE.

Sales evidence

Median size
931 sqft
Median price per sqft
AED 884/sqft
Total value transacted
AED 827.52M
Off-plan vs ready
542 off-plan · 390 ready
First sale
18 Aug 2015
Latest sale
18 Aug 2026

Service charges (2023)

The owner-association charge approved by the Land Department, broken down by cost category. Totalling AED 657 per square foot per year — the recurring cost of ownership that an asking price never shows.

CategoryUsageManaged byAED/sqft
ServicesResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C3.00
Reserved FundResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
MaintenanceResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C2.00
ImprovementResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
ParkingResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C312.00
Utilities ServicesResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C8.00
Management ServicesResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
InsuranceResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
Master CommunityResidentialNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
ServicesRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C8.00
Reserved FundRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
MaintenanceRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
ImprovementRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
ParkingRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C312.00
Utilities ServicesRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C4.00
Management ServicesRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
InsuranceRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
Master CommunityRetailNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
ServicesParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
Reserved FundParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
MaintenanceParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C1.00
ImprovementParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
Utilities ServicesParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
Management ServicesParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00
InsuranceParkingNSHAMA COMMUNITY MANAGEMENT OWNED BY NSHAMA PROPERTIES ONE PERSON L.L.C0.00

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
18 Aug 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R1,041 sqftAED 1,086/sqftAED 1,130,000
14 Aug 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R943 sqftAED 1,252/sqftAED 1,180,000
11 Aug 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties3 B/R1,340 sqftAED 1,321/sqftAED 1,770,000
10 Aug 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R964 sqftAED 42/sqftAED 40,138
7 Aug 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R1,232 sqftAED 933/sqftAED 1,148,720
6 Jul 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R937 sqftAED 1,121/sqftAED 1,050,000
25 Jun 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R882 sqftAED 1,247/sqftAED 1,100,000
18 Jun 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting PropertiesStudio327 sqftAED 1,454/sqftAED 475,000
3 Jun 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R928 sqftAED 1,104/sqftAED 1,025,000
25 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties3 B/R2,257 sqftAED 908/sqftAED 2,050,000
21 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties1 B/R628 sqftAED 1,210/sqftAED 760,000
18 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R937 sqftAED 1,054/sqftAED 987,000
15 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R1,585 sqftAED 899/sqftAED 1,425,000
12 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R881 sqftAED 1,249/sqftAED 1,100,000
6 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties1 B/R625 sqftAED 1,345/sqftAED 840,000
6 May 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties3 B/R1,419 sqftAED 1,268/sqftAED 1,800,000
28 Apr 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties3 B/R1,412 sqftAED 1,345/sqftAED 1,900,000
23 Apr 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties3 B/R1,418 sqftAED 1,361/sqftAED 1,930,000
6 Apr 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties3 B/R1,388 sqftAED 1,377/sqftAED 1,910,000
24 Mar 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting PropertiesStudio319 sqftAED 1,645/sqftAED 525,000
16 Mar 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting PropertiesStudio327 sqftAED 1,616/sqftAED 528,000
16 Mar 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting PropertiesStudio320 sqftAED 1,652/sqftAED 528,000
16 Mar 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R937 sqftAED 1,281/sqftAED 1,200,000
3 Mar 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R1,002 sqftAED 1,197/sqftAED 1,200,000
16 Feb 2026Al Yelayiss 2TOWN SQUARE SAFITOWN SQUAREFlatExisting Properties2 B/R937 sqftAED 1,281/sqftAED 1,200,000

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.