3-bed · 1,340 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

721, Safi Apartments 1A

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 1.5M23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Safi Apartments 1A

What is 721 worth today?

Last sold for AED 1,500,000 in 2024

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23 Aug 2024SoldReady
AED 1,500,000AED 1,119 per sqft
11 Nov 2020Sold by developerReady
AED 1,099,888AED 820 per sqft

Source: Dubai Land Department. Updated 23 August 2024.

Key facts

Type
3-bed apartment
Size
1,340 sqft
Floor
7th of 7
Parking
P-244
Developer
Nshmi Development
Completed
2018
Service charge
AED 20,500 /yr
Last sold
AED 1.5M · August 2024

About 721, Safi Apartments 1A

721 is a three-bedroom apartment of 1,340 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 23 August 2024 for AED 1,500,000, or AED 1,119 per sqft, 17% above the AED 955 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 721 over time

Sales
Unit 721, 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, November 2020: AED 1,099,888 (AED 820 per sqft)Sold, August 2024: AED 1,500,000 (AED 1,119 per sqft)

721 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 721, 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 721 sits

All 38 3-beds →

721 last sold in August 2024 at AED 1,119 per sqft, 17% above what three-beds in Safi Apartments 1A were fetching at the time (AED 955). 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
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
1–7 of 20

721, Safi Apartments 1A in numbers

  • Sold twice: first on 11 November 2020 for AED 1,099,888, last on 23 August 2024 for AED 1,500,000 (AED 1,119 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 23 August 2024.

Questions about 721, Safi Apartments 1A

What did unit 721 last sell for?

AED 1,500,000 on 23 August 2024: AED 1,119 per sqft for 1,340 sqft. The unit has 2 registered sales; the first was AED 1,099,888 in November 2020.

How big is unit 721?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 721 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 721, Safi Apartments 1A

Starts from the last sale price (AED 1.5M, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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