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

702, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 25 October 2015
Last soldAED 1.25M25 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Safi Apartments 1A

What is 702 worth today?

Last sold for AED 1,249,888 in 2015

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25 Oct 2015Sold by developerOff-plan
AED 1,249,888AED 834 per sqft

Source: Dubai Land Department. Updated 25 October 2015.

Key facts

Type
3-bed apartment
Size
1,498 sqft
Floor
7th of 7
Parking
P-241
Developer
Nshmi Development
Completed
2018
Service charge
AED 22,900 /yr
Last sold
AED 1.25M · October 2015

About 702, Safi Apartments 1A

702 is a three-bedroom apartment of 1,498 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 25 October 2015 for AED 1,249,888, or AED 834 per sqft, in line with the AED 832 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Safi Apartments 1A
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,182,888; 2016 AED 1,171,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,018,888; 2024 AED 1,450,000; 2025 AED 1,600,000; 2026 AED 1,765,000Sold 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 1A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 68,500; 2022 AED 74,750; 2023 AED 80,000; 2024 AED 91,100; 2025 AED 110,000; 2026 AED 120,000

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 702 sits

All 38 3-beds →

702 last sold in October 2015 at AED 834 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 832). Over the last 12 months three-beds sold for AED 1,680,000 to 2,050,000, around AED 1,243 per sqft, and rent for AED 60,000 to 175,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20261,680,000
22 May 20262,050,000
10 Feb 20261,765,000
18 Sep 20251,650,000
3 3-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
7012-bedAED 850K · 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

702, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 1,249,888, or AED 834 per sqft.
  • Three-beds in Safi Apartments 1A sold for AED 1,680,000–2,050,000 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 25 October 2015.

Questions about 702, Safi Apartments 1A

What did unit 702 last sell for?

AED 1,249,888 on 25 October 2015, sold by the developer: AED 834 per sqft for 1,498 sqft. It is the only registered sale of the unit.

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 1A sold for AED 1,680,000 to 2,050,000 in the last 12 months, around AED 1,243 per sqft.

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Mortgage on 702, Safi Apartments 1A

Starts from the last sale price (AED 1.25M, 25 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →