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

706, 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 706 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 818K19 October 2015
Current rentAED 76K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Safi Apartments 1A

What is 706 worth today?

Last sold for AED 817,888 in 2015

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1 Jun 2026RentedNew contract
AED 76,000/yr12 months · AED 86 per sqft
6 Jan 2026RentedRenewal
AED 75,000/yr6 months · AED 85 per sqft
6 Jan 2025RentedRenewal
AED 75,000/yr12 months · AED 85 per sqft
6 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
5 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
10 Jul 2022RentedRenewal
AED 48,400/yr12 months · AED 55 per sqft
10 Jun 2021RentedRenewal
AED 40,615/yr13 months · AED 46 per sqft
10 Jun 2020RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
7th of 7
Parking
P-315
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 818K · October 2015

About 706, Safi Apartments 1A

706 is a two-bedroom apartment of 881 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 817,888, or AED 928 per sqft, 8% above the AED 859 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 June 2026, is AED 76,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 13,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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 817,888 (AED 928 per sqft)

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

Rents
Unit 706, 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, September 2019: AED 52,000 a yearNew contract, June 2020: AED 44,000 a yearRenewal, June 2021: AED 40,615 a yearRenewal, July 2022: AED 48,400 a yearNew contract, August 2023: AED 70,000 a yearNew contract, January 2024: AED 75,000 a yearRenewal, January 2025: AED 75,000 a yearRenewal, January 2026: AED 75,000 a yearNew contract, June 2026: AED 76,000 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 706 sits

All 97 2-beds →

706 last sold in October 2015 at AED 928 per sqft, 8% 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. 706's AED 76,000 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
7012-bedAED 850K · Oct 2015
7023-bedAED 1.25M · Oct 2015
7032-bedAED 798K · Jun 2016
7042-bedAED 630K · Jul 2022
7053-bedAED 1.43M · Dec 2017
7072-bedAED 1.05M · Feb 2025
7081-bedAED 604K · Sep 2024
1–7 of 20

706, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 19 October 2015 for AED 817,888, or AED 928 per sqft.
  • Rented since September 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 40,615 in 2021 and recovered to AED 76,000 by June 2026.
  • At AED 76,000 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 13,500 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 June 2026.

Questions about 706, Safi Apartments 1A

What did unit 706 last sell for?

AED 817,888 on 19 October 2015, sold by the developer: AED 928 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit 706?

AED 76,000 a year on the contract signed on 1 June 2026. The previous contract, from January 2026, was AED 75,000; the unit has been rented since September 2019.

How big is unit 706?

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

What is unit 706 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 706, Safi Apartments 1A

Starts from the last sale price (AED 818K, 19 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 817,888
Deposit, UAE resident (20%)
AED 163,578
Deposit, non-resident (40%)
AED 327,155
Monthly over 25 years at 3.7%
AED 3,346

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