2-bed · 928 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

714, Safi Apartments 1A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 714 · DLD and Ejari recordsUpdated 30 October 2024

Last soldAED 950K30 October 2024

Current rentAED 58K /yr22 October 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 714, Safi Apartments 1A

Today

What is 714 worth today?

Last sold for AED 950,000 in 2024

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30 Oct 2024

30 Oct 2024SoldReady

AED 950,000AED 1,023 per sqft

22 Oct 2023

22 Oct 2023RentedRenewal

AED 57,750/yr12 months · AED 62 per sqft

22 Oct 2022

22 Oct 2022RentedNew contract

AED 55,000/yr12 months · AED 59 per sqft

1 Jul 2021

1 Jul 2021RentedRenewal

AED 52,000/yr12 months · AED 56 per sqft

1 Jul 2020

1 Jul 2020RentedRenewal

AED 47,000/yr12 months · AED 51 per sqft

1 Jul 2019

1 Jul 2019RentedNew contract

AED 52,000/yr12 months · AED 56 per sqft

13 Oct 2015

13 Oct 2015Sold by developerOff-plan

AED 774,888AED 834 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type: 2-bed apartment
Size: 928 sqft
Floor: 7th of 7
Parking: G-228
Developer: Nshmi Development
Completed: 2018
Service charge: AED 14,200 /yr
Last sold: AED 950K · October 2024
Building: Safi Apartments 1A

About 714, Safi Apartments 1A

714 is a two-bedroom apartment of 928 sqft on the 7th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 30 October 2024 for AED 950,000, or AED 1,023 per sqft, 7% above the AED 952 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 22 October 2023, is AED 57,750 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 14,200 a year.

Sales and rents for 714 over time

Sales

Unit 714, each saleTypical two-bed in Safi Apartments 1A

714 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 714, each contractTypical two-bed in Safi Apartments 1A

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

2-beds in Safi Apartments 1A, and where 714 sits

All 93 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,172 /sqft Safi Apartments 1A · all types1,172 /sqft

714 last sold in October 2024 at AED 1,023 per sqft, 7% above what two-beds in Safi Apartments 1A were fetching at the time (AED 952). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,172 per sqft, and rent for AED 68,250 to 90,000 a year. 714's AED 57,750 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	937 sqft	1,200,000	1,281
28 Jan 202628 January 2026	882 sqft	1,050,000	1,190
23 Jan 202623 January 2026	931 sqft	1,030,000	1,106
9 Jan 20269 January 2026	937 sqft	1,000,000	1,067

8 2-bed sales 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 72K /yr
Typical yield: 7.2%

Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 7th floor

All 156 units in Safi Apartments 1A


701	2-bed	937 sqft	AED 850KAED 849,888 · Oct 2015October 2015	75,000 /yr
702	3-bed	1,498 sqft	AED 1.25MAED 1,249,888 · Oct 2015October 2015
703	2-bed	928 sqft	AED 798KAED 797,888 · Jun 2016June 2016	45,000 /yr
704	2-bed	882 sqft	AED 630KAED 630,000 · Jul 2022July 2022	45,000 /yr
705	3-bed	1,408 sqft	AED 1.43MAED 1,425,888 · Dec 2017December 2017	122,000 /yr
706	2-bed	881 sqft	AED 818KAED 817,888 · Oct 2015October 2015	75,000 /yr
707	2-bed	883 sqft	AED 1.05MAED 1,050,000 · Feb 2025February 2025	92,000 /yr
708	1-bed	628 sqft	AED 604KAED 603,905 · Sep 2024September 2024	70,000 /yr
709	1-bed	628 sqft	AED 571KAED 570,888 · Oct 2015October 2015	47,250 /yr
710	2-bed	883 sqft	AED 814KAED 813,888 · Oct 2015October 2015	61,000 /yr
711	2-bed	881 sqft	AED 781KAED 780,888 · Jul 2020July 2020	73,000 /yr
712	3-bed	1,408 sqft	AED 1.3MAED 1,300,000 · Jun 2024June 2024	76,650 /yr
713	2-bed	882 sqft	AED 1.05MAED 1,050,000 · Jan 2026January 2026	70,000 /yr
715	3-bed	1,498 sqft	AED 1.25MAED 1,249,888 · Oct 2015October 2015	60,000 /yr
716	2-bed	937 sqft	AED 750KAED 750,000 · Oct 2024October 2024	60,984 /yr
717	1-bed	573 sqft	AED 450KAED 450,000 · Oct 2021October 2021	47,335 /yr
718	2-bed	976 sqft	AED 860KAED 860,000 · Mar 2024March 2024	85,000 /yr
719	2-bed	1,041 sqft	AED 980KAED 980,000 · May 2024May 2024	57,750 /yr
720	2-bed	904 sqft	AED 830KAED 830,000 · Dec 2022December 2022	68,250 /yr
721	3-bed	1,340 sqft	AED 1.5MAED 1,500,000 · Aug 2024August 2024

1–7 of 20

714, Safi Apartments 1A in numbers

Sold twice: first on 13 October 2015 for AED 774,888, last on 30 October 2024 for AED 950,000 (AED 1,023 per sqft).
Rented since July 2019 on 5 Ejari contracts, from AED 52,000 to AED 57,750 a year.
At AED 57,750 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 14,200 a year (AED 15.28 per sqft).
Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 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 October 2024.

Questions about 714, Safi Apartments 1A

What did unit 714 last sell for?

AED 950,000 on 30 October 2024: AED 1,023 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 774,888 in October 2015.

What is the rent for unit 714?

AED 57,750 a year on the contract renewed on 22 October 2023. The previous contract, from October 2022, was AED 55,000; the unit has been rented since July 2019.

How big is unit 714?

928 sqft (86.2 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 714 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 714, Safi Apartments 1A

Starts from the last sale price (AED 950K, 30 October 2024). Switch to today's estimate once you have unlocked it.

Price: AED 950,000
Deposit, UAE resident (20%): AED 190,000
Deposit, non-resident (40%): AED 380,000
Monthly over 25 years at 3.7%: AED 3,887

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