2-bed · 881 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

712, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 776K19 October 2015
Current rentAED 80K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Safi Apartments 1B

What is 712 worth today?

Last sold for AED 775,888 in 2015

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1 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
1 Mar 2025RentedRenewal
AED 76,000/yr3 months · AED 86 per sqft
1 Dec 2024RentedRenewal
AED 73,000/yr3 months · AED 83 per sqft
1 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
5 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
5 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
19 Oct 2015Sold by developerOff-plan
AED 775,888AED 880 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
7th of 7
Parking
P-407
Developer
Nshmi Development
Completed
2018
Last sold
AED 776K · October 2015

About 712, Safi Apartments 1B

712 is a two-bedroom apartment of 881 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 19 October 2015 for AED 775,888, or AED 880 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 August 2025, is AED 80,000 a year: a gross yield of 10.3% on the 2015 price.

Sales and rents for 712 over time

Sales
Unit 712, each saleTypical two-bed in Safi Apartments 1B
750K1M2015201820212024Typical sale price by year: 2015 AED 812,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,150,000Sold by developer, October 2015: AED 775,888 (AED 880 per sqft)

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

Rents
Unit 712, each contractTypical two-bed in Safi Apartments 1B
40K60K80K2019202120232025Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 55,650; 2024 AED 69,025; 2025 AED 77,375New contract, November 2019: AED 55,000 a yearRenewal, November 2021: AED 50,000 a yearNew contract, December 2022: AED 65,000 a yearRenewal, December 2024: AED 73,000 a yearRenewal, March 2025: AED 76,000 a yearNew contract, August 2025: AED 80,000 a year

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 1B, and where 712 sits

All 66 2-beds →

712 last sold in October 2015 at AED 880 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 1,190,000 to 1,200,000, around AED 1,281 per sqft, and rent for AED 66,150 to 105,000 a year. 712's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,200,000
2 Feb 20261,190,000
17 Dec 20251,200,000
10 Dec 20251,200,000
4 2-bed sales 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
7023-bedAED 1.25M · Oct 2015
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
1–7 of 22

712, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 775,888, or AED 880 per sqft.
  • Rented since November 2019 on 6 Ejari contracts, from AED 55,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 10.3%.
  • Two-beds in Safi Apartments 1B sold for AED 1,190,000–1,200,000 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 1 August 2025.

Questions about 712, Safi Apartments 1B

What did unit 712 last sell for?

AED 775,888 on 19 October 2015, sold by the developer: AED 880 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit 712?

AED 80,000 a year on the contract signed on 1 August 2025. The previous contract, from March 2025, was AED 76,000; the unit has been rented since November 2019.

How big is unit 712?

881 sqft (81.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 712 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 1B sold for AED 1,190,000 to 1,200,000 in the last 12 months, around AED 1,281 per sqft.

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Mortgage on 712, Safi Apartments 1B

Starts from the last sale price (AED 776K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 775,888
Deposit, UAE resident (20%)
AED 155,178
Deposit, non-resident (40%)
AED 310,355
Monthly over 25 years at 3.7%
AED 3,174

Plus AED 37,598 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →