2-bed · 937 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

701, Safi Apartments 1A

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 701 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 850K19 October 2015
Current rentAED 75K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Safi Apartments 1A

What is 701 worth today?

Last sold for AED 849,888 in 2015

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1 Nov 2025RentedRenewal
AED 75,000/yr12 months · AED 80 per sqft
1 Nov 2024RentedRenewal
AED 72,600/yr12 months · AED 78 per sqft
1 Nov 2023RentedRenewal
AED 66,000/yr12 months · AED 70 per sqft
1 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
7 Nov 2021RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft
7 Nov 2020RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
7 Nov 2019RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
19 Oct 2015Sold by developerOff-plan
AED 849,888AED 907 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 7
Parking
P-312
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 850K · October 2015

About 701, Safi Apartments 1A

701 is a two-bedroom apartment of 937 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 19 October 2015 for AED 849,888, or AED 907 per sqft, 6% above the AED 859 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 75,000 a year: a gross yield of 8.8% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,100,000; 2026 AED 1,087,500Sold by developer, October 2015: AED 849,888 (AED 907 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Safi Apartments 1A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,084; 2024 AED 70,068; 2025 AED 80,000; 2026 AED 80,000New contract, November 2019: AED 50,000 a yearRenewal, November 2020: AED 46,000 a yearRenewal, November 2021: AED 48,000 a yearNew contract, November 2022: AED 60,000 a yearRenewal, November 2023: AED 66,000 a yearRenewal, November 2024: AED 72,600 a yearRenewal, November 2025: AED 75,000 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 1A, and where 701 sits

All 97 2-beds →

701 last sold in October 2015 at AED 907 per sqft, 6% above what two-beds in Safi Apartments 1A were fetching at the time (AED 859). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 701's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,075,000
26 Oct 20261,175,000
10 Sep 20261,200,000
3 Jun 20261,025,000
13 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. 19 sold in the last 12 months.

Typical price per sqft
AED 1,217 Up 9.9%
Typical sale
AED 1.1M
Typical rent
AED 80K /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
7023-bedAED 1.25M · Oct 2015
7032-bedAED 798K · Jun 2016
7042-bedAED 630K · Jul 2022
7053-bedAED 1.43M · Dec 2017
7062-bedAED 818K · Oct 2015
7072-bedAED 1.05M · Feb 2025
7081-bedAED 604K · Sep 2024
1–7 of 20

701, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 849,888, or AED 907 per sqft.
  • Rented since November 2019 on 7 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 8.8%, before a service charge of about AED 14,300 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 1,217 per sqft.

Source: Dubai Land Department. Updated 1 November 2025.

Questions about 701, Safi Apartments 1A

What did unit 701 last sell for?

AED 849,888 on 19 October 2015, sold by the developer: AED 907 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 75,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 72,600; the unit has been rented since November 2019.

How big is unit 701?

937 sqft (87.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 701 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 1,197 per sqft.

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Mortgage on 701, Safi Apartments 1A

Starts from the last sale price (AED 850K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 849,888
Deposit, UAE resident (20%)
AED 169,978
Deposit, non-resident (40%)
AED 339,955
Monthly over 25 years at 3.7%
AED 3,477

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