1-bed · 596 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

705, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 565K20 October 2015
Current rentAED 53K /yr23 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Safi Apartments 1B

What is 705 worth today?

Last sold for AED 564,888 in 2015

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23 Jun 2026RentedRenewal
AED 52,500/yr12 months · AED 89 per sqft
23 Jun 2025RentedRenewal
AED 63,000/yr12 months · AED 106 per sqft
23 Jun 2025RentedRenewal
AED 52,500/yr12 months · AED 89 per sqft
23 Jun 2025RentedRenewal
AED 63,000/yr12 months · AED 106 per sqft
23 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 84 per sqft
23 Jun 2023RentedNew contract
AED 50,000/yr12 months · AED 84 per sqft
18 Sep 2022RentedNew contract
AED 40,000/yr12 months · AED 68 per sqft
11 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
7th of 7
Parking
P-414
Developer
Nshmi Development
Completed
2018
Last sold
AED 565K · October 2015

About 705, Safi Apartments 1B

705 is a one-bedroom apartment of 596 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 20 October 2015 for AED 564,888, or AED 947 per sqft, 5% above the AED 898 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 23 June 2026, is AED 52,500 a year: a gross yield of 9.3% on the 2015 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, October 2015: AED 564,888 (AED 947 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, January 2020: AED 36,000 a yearNew contract, September 2020: AED 32,000 a yearNew contract, September 2022: AED 40,000 a yearNew contract, June 2023: AED 50,000 a yearRenewal, June 2024: AED 50,000 a yearRenewal, June 2025: AED 63,000 a yearRenewal, June 2025: AED 52,500 a yearRenewal, June 2025: AED 63,000 a yearRenewal, June 2026: AED 52,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 1B, and where 705 sits

All 55 1-beds →

705 last sold in October 2015 at AED 947 per sqft, 5% above what one-beds in Safi Apartments 1B were fetching at the time (AED 898). 705's AED 52,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-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
7023-bedAED 1.25M · Oct 2015
7032-bedAED 1.24M · May 2025
704StudioAED 427K · Jun 2016
7063-bedAED 925K · Apr 2021
7072-bedAED 771K · Oct 2015
7082-bedAED 800K · Jan 2018
1–7 of 22

705, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 20 October 2015 for AED 564,888, or AED 947 per sqft.
  • Rented since January 2020 on 9 Ejari contracts. The rent fell from AED 36,000 to AED 32,000 in 2020 and recovered to AED 52,500 by June 2026.
  • At AED 52,500 a year the gross yield on the 2015 price is 9.3%.

Source: Dubai Land Department. Updated 23 June 2026.

Questions about 705, Safi Apartments 1B

What did unit 705 last sell for?

AED 564,888 on 20 October 2015, sold by the developer: AED 947 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 52,500 a year on the contract renewed on 23 June 2026. The previous contract, from June 2025, was AED 63,000; the unit has been rented since January 2020.

How big is unit 705?

596 sqft (55.4 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 705, Safi Apartments 1B

Starts from the last sale price (AED 565K, 20 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 564,888
Deposit, UAE resident (20%)
AED 112,978
Deposit, non-resident (40%)
AED 225,955
Monthly over 25 years at 3.7%
AED 2,311

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