3-bed · 1,498 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

702, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 26 August 2025
Last soldAED 1.25M12 October 2015
Current rentAED 120K /yr26 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Safi Apartments 1B

What is 702 worth today?

Last sold for AED 1,249,888 in 2015

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26 Aug 2025RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
26 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
6 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
12 Oct 2015Sold by developerOff-plan
AED 1,249,888AED 834 per sqft

Source: Dubai Land Department. Updated 26 August 2025.

Key facts

Type
3-bed apartment
Size
1,498 sqft
Floor
7th of 7
Parking
P-449
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.25M · October 2015

About 702, Safi Apartments 1B

702 is a three-bedroom apartment of 1,498 sqft on the 7th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 12 October 2015 for AED 1,249,888, or AED 834 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 26 August 2025, is AED 120,000 a year: a gross yield of 9.6% on the 2015 price.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,337,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,270,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold by developer, October 2015: AED 1,249,888 (AED 834 per sqft)

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

Rents
Unit 702, each contractTypical three-bed in Safi Apartments 1B
100K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 64,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 102,000; 2025 AED 120,000New contract, October 2022: AED 90,000 a yearNew contract, August 2023: AED 120,000 a yearRenewal, August 2025: AED 120,000 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 1B, and where 702 sits

All 36 3-beds →

Over the last 12 months three-beds sold for AED 1,660,000, around AED 1,238 per sqft, and rent for AED 120,000 to 132,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
9 Apr 20251,980,000
1 3-bed sale in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,281
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.3%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 7th floor

All 181 units in Safi Apartments 1B
Value
7012-bedAED 900K · Aug 2024
7032-bedAED 1.24M · May 2025
704StudioAED 427K · Jun 2016
7051-bedAED 565K · Oct 2015
7063-bedAED 925K · Apr 2021
7072-bedAED 771K · Oct 2015
7082-bedAED 800K · Jan 2018
1–7 of 22

702, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 1,249,888, or AED 834 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 90,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2015 price is 9.6%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,660,000 in the 12 months to November 2026; the building's median across all types is AED 1,281 per sqft.

Source: Dubai Land Department. Updated 26 August 2025.

Questions about 702, Safi Apartments 1B

What did unit 702 last sell for?

AED 1,249,888 on 12 October 2015, sold by the developer: AED 834 per sqft for 1,498 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 120,000 a year on the contract renewed on 26 August 2025. The previous contract, from August 2023, was AED 120,000; the unit has been rented since October 2022.

How big is unit 702?

1,498 sqft (139.2 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 702 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 1B sold for AED 1,660,000 to 1,660,000 in the last 12 months, around AED 1,238 per sqft.

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Mortgage on 702, Safi Apartments 1B

Starts from the last sale price (AED 1.25M, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,249,888
Deposit, UAE resident (20%)
AED 249,978
Deposit, non-resident (40%)
AED 499,955
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,506 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →