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3-bed · 1,408 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

705, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in December 2017, and rented once, from January 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 1.43M27 December 2017
Current rentAED 122K /yr30 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 705, Safi Apartments 1A

What is 705 worth today?

Last sold for AED 1,425,888 in 2017

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30 Jan 2025RentedRenewal
AED 122,000/yr12 months · AED 87 per sqft
27 Dec 2017Sold by developerOff-plan
AED 1,425,888AED 1,012 per sqft

Source: Dubai Land Department. Updated 30 January 2025.

Key facts

Type
3-bed apartment
Size
1,408 sqft
Floor
7th of 7
Parking
G-374
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,500 /yr
Last sold
AED 1.43M · December 2017
Building
Safi Apartments 1A

About 705, Safi Apartments 1A

705 is a three-bedroom apartment of 1,408 sqft on the 7th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 27 December 2017 for AED 1,425,888, or AED 1,012 per sqft, in line with the AED 1,010 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 January 2025. The current contract, renewed on 30 January 2025, is AED 122,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 21,500 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical three-bed in Safi Apartments 1A
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,185,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,014,888; 2024 AED 1,450,000; 2025 AED 1,600,000Sold by developer, December 2017: AED 1,425,888 (AED 1,012 per sqft)

705 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 705, each contractTypical three-bed in Safi Apartments 1A
100K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 66,000; 2022 AED 74,000; 2023 AED 80,000; 2024 AED 89,100; 2025 AED 115,000Renewal, January 2025: AED 122,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Safi Apartments 1A, and where 705 sits

All 36 3-beds →

705 last sold in December 2017 at AED 1,012 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 1,010). Over the last 12 months three-beds sold for AED 1,765,000, around AED 1,243 per sqft, and rent for AED 60,000 to 135,000 a year. 705's AED 122,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
10 Feb 20261,765,000
13 May 20251,825,000
1 May 20251,600,000
4 Feb 20251,400,000
1 3-bed sale in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 10 sold in the last 12 months.

Typical price per sqft
AED 1,172 Up 5.8%
Typical sale
AED 1.14M
Typical rent
AED 70K /yr
Typical yield
7.1%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 7th floor

All 156 units in Safi Apartments 1A
Value
7012-bedAED 850K · Oct 2015
7023-bedAED 1.25M · Oct 2015
7032-bedAED 798K · Jun 2016
7042-bedAED 630K · Jul 2022
7062-bedAED 818K · Oct 2015
7072-bedAED 1.05M · Feb 2025
7081-bedAED 604K · Sep 2024
1–7 of 20

705, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 27 December 2017 for AED 1,425,888, or AED 1,012 per sqft.
  • Rented since January 2025 on one Ejari contract, at AED 122,000 a year.
  • At AED 122,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 21,500 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 1A sold for AED 1,765,000–1,765,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 30 January 2025.

Questions about 705, Safi Apartments 1A

What did unit 705 last sell for?

AED 1,425,888 on 27 December 2017, sold by the developer: AED 1,012 per sqft for 1,408 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 122,000 a year on the contract renewed on 30 January 2025.

How big is unit 705?

1,408 sqft (130.8 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1A sold for AED 1,765,000 to 1,765,000 in the last 12 months, around AED 1,243 per sqft.

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Mortgage on 705, Safi Apartments 1A

Starts from the last sale price (AED 1.43M, 27 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,888
Deposit, UAE resident (20%)
AED 285,178
Deposit, non-resident (40%)
AED 570,355
Monthly over 25 years at 3.7%
AED 5,834

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →