Home
Dubai prices
About
Blog
3-bed · 1,408 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

706, Safi Apartments 1B

Sold prices and rental history: sold twice, last in April 2021, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 21 April 2021
Last soldAED 925K21 April 2021
Current rentAED 60K /yr15 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 706

Property timeline for 706, Safi Apartments 1B

What is 706 worth today?

Last sold for AED 925,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Apr 2021SoldReady
AED 925,000AED 656 per sqft
15 May 2020RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
13 Oct 2015Sold by developerOff-plan
AED 1,143,888AED 812 per sqft

Source: Dubai Land Department. Updated 21 April 2021.

Key facts

Type
3-bed apartment
Size
1,408 sqft
Floor
7th of 7
Parking
P-450
Developer
Nshmi Development
Completed
2018
Last sold
AED 925K · April 2021
Building
Safi Apartments 1B

About 706, Safi Apartments 1B

706 is a three-bedroom apartment of 1,408 sqft on the 7th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 21 April 2021 for AED 925,000, or AED 656 per sqft, 9% below the AED 718 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 May 2020. The current contract, signed on 15 May 2020, is AED 60,000 a year: a gross yield of 6.5% on the 2021 price.

Sales and rents for 706 over time

Sales
Unit 706, 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 1,143,888 (AED 812 per sqft)Sold, April 2021: AED 925,000 (AED 656 per sqft)

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

Rents
Unit 706, each contractTypical three-bed in Safi Apartments 1B
50K100K20192021202320252027Typical 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, May 2020: AED 60,000 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 706 sits

All 37 3-beds →

706 last sold in April 2021 at AED 656 per sqft, 9% below what three-beds in Safi Apartments 1B were fetching at the time (AED 718). 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. 706's AED 60,000 is at the bottom 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
7023-bedAED 1.25M · Oct 2015
7032-bedAED 1.24M · May 2025
704StudioAED 427K · Jun 2016
7051-bedAED 565K · Oct 2015
7072-bedAED 771K · Oct 2015
7082-bedAED 800K · Jan 2018
1–7 of 22

706, Safi Apartments 1B in numbers

  • Sold twice: first on 13 October 2015 for AED 1,143,888, last on 21 April 2021 for AED 925,000 (AED 656 per sqft).
  • Rented since May 2020 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 6.5%.
  • 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 21 April 2021.

Questions about 706, Safi Apartments 1B

What did unit 706 last sell for?

AED 925,000 on 21 April 2021: AED 656 per sqft for 1,408 sqft. The unit has 2 registered sales; the first was AED 1,143,888 in October 2015.

What is the rent for unit 706?

AED 60,000 a year on the contract signed on 15 May 2020.

How big is unit 706?

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 706 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.

Selling 706? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 706, Safi Apartments 1B

Starts from the last sale price (AED 925K, 21 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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