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

702, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 1.25M12 October 2015
Current rentAED 161K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 702, Safi Apartments 1B

What is 702 worth today?

Last sold for AED 1,249,888 in 2015

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12 Oct 2026RentedNew contract
AED 160,800/yr10 months · AED 107 per sqft
26 Aug 2025RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
26 Aug 2024RentedRenewal
AED 120,000/yr12 months · AED 80 per sqft
26 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 80 per sqft
6 Oct 2022RentedNew contract
AED 90,000/yr12 months · AED 60 per sqft
12 Oct 2015Sold by developerOff-plan
AED 1,249,888AED 834 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
3-bed apartment
Size
1,498 sqft
Floor
7th of 7
Parking
P-449
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.25M · October 2015
Building
Safi Apartments 1B

About 702, Safi Apartments 1B

702 is a three-bedroom apartment of 1,498 sqft on the 7th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 12 October 2015 for AED 1,249,888, or AED 834 per sqft.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 12 October 2026, is AED 160,800 a year: a gross yield of 12.9% on the 2015 price.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical three-bed in Safi Apartments 1B
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,164,888; 2017 AED 1,341,888; 2018 AED 1,399,888; 2020 AED 1,025,888; 2021 AED 937,500; 2023 AED 1,150,000; 2024 AED 1,360,000; 2025 AED 1,780,000Sold 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 1B
50K100K150K201920222025Typical rent by year: 2019 AED 75,000; 2020 AED 64,500; 2021 AED 68,000; 2022 AED 74,775; 2023 AED 84,500; 2024 AED 108,000; 2025 AED 120,000; 2026 AED 125,000New contract, October 2022: AED 90,000 a yearNew contract, August 2023: AED 120,000 a yearRenewal, August 2024: AED 120,000 a yearRenewal, August 2025: AED 120,000 a yearNew contract, October 2026: AED 160,800 a year

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 1B, and where 702 sits

All 37 3-beds →

Over the last 12 months three-beds sold for AED 1,660,000 to 1,800,000, around AED 1,253 per sqft, and rent for AED 114,000 to 220,000 a year. 702's AED 160,800 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
6 May 20261,800,000
4 Feb 20261,660,000
11 Jul 20251,780,000
13 May 20251,590,000
2 3-bed sales in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,276 Up 8.0%
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.1%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 7th floor

All 181 units in Safi Apartments 1B
Value
7012-bedAED 900K · Aug 2024
7032-bedAED 1.24M · May 2025
704StudioAED 427K · Jun 2016
7051-bedAED 565K · Oct 2015
7063-bedAED 925K · Apr 2021
7072-bedAED 771K · Oct 2015
7082-bedAED 800K · Jan 2018
1–7 of 22

702, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 1,249,888, or AED 834 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 90,000 to AED 160,800 a year.
  • At AED 160,800 a year the gross yield on the 2015 price is 12.9%.
  • Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,276 per sqft.

Source: Dubai Land Department. Updated 12 October 2026.

Questions about 702, Safi Apartments 1B

What did unit 702 last sell for?

AED 1,249,888 on 12 October 2015, sold by the developer: AED 834 per sqft for 1,498 sqft. It is the only registered sale of the unit.

What is the rent for unit 702?

AED 160,800 a year on the contract signed on 12 October 2026. The previous contract, from August 2025, was AED 120,000; the unit has been rented since October 2022.

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 1B sold for AED 1,660,000 to 1,800,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 702, Safi Apartments 1B

Starts from the last sale price (AED 1.25M, 12 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 →