712, Safi Apartments 1A
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Safi Apartments 1A
What is 712 worth today?
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Source: Dubai Land Department. Updated 3 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,408 sqft
- Floor
- 7th of 7
- Parking
- P-265
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.3M · June 2024
- Building
- Safi Apartments 1A
About 712, Safi Apartments 1A
712 is a three-bedroom apartment of 1,408 sqft on the 7th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 3 June 2024 for AED 1,300,000, or AED 923 per sqft, 6% above the AED 872 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 August 2023, is AED 76,650 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 21,500 a year.
Sales and rents for 712 over time
712 has sold twice; the dashed line is the three-bed median of each year in the building.
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 712 sits
All 38 3-beds →712 last sold in June 2024 at AED 923 per sqft, 6% above what three-beds in Safi Apartments 1A were fetching at the time (AED 872). 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. 712's AED 76,650 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 1,340 sqft | 1,680,000 | 1,253 | ||
| 22 May 202622 May 2026 | 2,257 sqft | 2,050,000 | 908 | ||
| 10 Feb 202610 February 2026 | 1,419 sqft | 1,765,000 | 1,243 | ||
| 18 Sep 202518 September 2025 | 1,412 sqft | 1,650,000 | 1,168 |
Safi Apartments 1A
Building156 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%
Other units on the 7th floor
All 156 units in Safi Apartments 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 937 sqft | AED 850KAED 849,888 · Oct 2015October 2015 | 75,000 /yr | |
| 702 | 3-bed | 1,498 sqft | AED 1.25MAED 1,249,888 · Oct 2015October 2015 | ||
| 703 | 2-bed | 928 sqft | AED 798KAED 797,888 · Jun 2016June 2016 | 45,000 /yr | |
| 704 | 2-bed | 882 sqft | AED 630KAED 630,000 · Jul 2022July 2022 | 72,000 /yr | |
| 705 | 3-bed | 1,408 sqft | AED 1.43MAED 1,425,888 · Dec 2017December 2017 | 122,000 /yr | |
| 706 | 2-bed | 881 sqft | AED 818KAED 817,888 · Oct 2015October 2015 | 76,000 /yr | |
| 707 | 2-bed | 883 sqft | AED 1.05MAED 1,050,000 · Feb 2025February 2025 | 84,871 /yr | |
| 708 | 1-bed | 628 sqft | AED 604KAED 603,905 · Sep 2024September 2024 | 70,000 /yr | |
| 709 | 1-bed | 628 sqft | AED 571KAED 570,888 · Oct 2015October 2015 | 47,250 /yr | |
| 710 | 2-bed | 883 sqft | AED 814KAED 813,888 · Oct 2015October 2015 | 61,000 /yr | |
| 711 | 2-bed | 881 sqft | AED 781KAED 780,888 · Jul 2020July 2020 | 73,000 /yr | |
| 713 | 2-bed | 882 sqft | AED 1.05MAED 1,050,000 · Jan 2026January 2026 | 70,000 /yr | |
| 714 | 2-bed | 928 sqft | AED 1.03MAED 1,025,000 · Jun 2026June 2026 | 85,000 /yr | |
| 715 | 3-bed | 1,498 sqft | AED 1.25MAED 1,249,888 · Oct 2015October 2015 | 60,000 /yr | |
| 716 | 2-bed | 937 sqft | AED 750KAED 750,000 · Oct 2024October 2024 | 83,000 /yr | |
| 717 | 1-bed | 573 sqft | AED 450KAED 450,000 · Oct 2021October 2021 | 47,335 /yr | |
| 718 | 2-bed | 976 sqft | AED 860KAED 860,000 · Mar 2024March 2024 | 80,000 /yr | |
| 719 | 2-bed | 1,041 sqft | AED 980KAED 980,000 · May 2024May 2024 | 57,750 /yr | |
| 720 | 2-bed | 904 sqft | AED 830KAED 830,000 · Dec 2022December 2022 | 68,250 /yr | |
| 721 | 3-bed | 1,340 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 |
712, Safi Apartments 1A in numbers
- Sold twice: first on 19 October 2015 for AED 1,207,888, last on 3 June 2024 for AED 1,300,000 (AED 923 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2020 and recovered to AED 76,650 by August 2023.
- At AED 76,650 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 21,500 a year (AED 15.28 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 3 June 2024.
Questions about 712, Safi Apartments 1A
What did unit 712 last sell for?
AED 1,300,000 on 3 June 2024: AED 923 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 1,207,888 in October 2015.
What is the rent for unit 712?
AED 76,650 a year on the contract renewed on 1 August 2023. The previous contract, from August 2022, was AED 73,000; the unit has been rented since August 2019.
How big is unit 712?
1,408 sqft (130.8 sqm): a three-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. 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 712, Safi Apartments 1A
Starts from the last sale price (AED 1.3M, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →