2-bed · 881 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

707, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 771K18 October 2015
Current rentAED 80K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Safi Apartments 1B

What is 707 worth today?

Last sold for AED 770,888 in 2015

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10 Jun 2025RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
10 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
3 Sep 2023RentedRenewal
AED 60,000/yr12 months · AED 68 per sqft
3 Sep 2022RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
1 Jul 2021RentedRenewal
AED 48,000/yr12 months · AED 54 per sqft
1 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
1 Jul 2019RentedNew contract
AED 62,000/yr12 months · AED 70 per sqft
18 Oct 2015Sold by developerOff-plan
AED 770,888AED 874 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
7th of 7
Parking
P-415
Developer
Nshmi Development
Completed
2018
Last sold
AED 771K · October 2015

About 707, Safi Apartments 1B

707 is a two-bedroom apartment of 881 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 18 October 2015 for AED 770,888, or AED 874 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 80,000 a year: a gross yield of 10.4% on the 2015 price.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 813,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,160,000; 2026 AED 1,190,000Sold by developer, October 2015: AED 770,888 (AED 874 per sqft)

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

Rents
Unit 707, each contractTypical two-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,750; 2023 AED 55,220; 2024 AED 68,250; 2025 AED 78,750; 2026 AED 80,000New contract, July 2019: AED 62,000 a yearRenewal, July 2020: AED 50,000 a yearRenewal, July 2021: AED 48,000 a yearNew contract, September 2022: AED 55,000 a yearRenewal, September 2023: AED 60,000 a yearNew contract, June 2024: AED 80,000 a yearRenewal, June 2025: AED 80,000 a year

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

2-beds in Safi Apartments 1B, and where 707 sits

All 67 2-beds →

707 last sold in October 2015 at AED 874 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 987,000 to 1,200,000, around AED 1,276 per sqft, and rent for AED 61,365 to 115,000 a year. 707's AED 80,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
4 Sep 20261,100,000
15 May 2026987,000
13 Mar 20261,200,000
10 2-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
7063-bedAED 925K · Apr 2021
7082-bedAED 800K · Jan 2018
1–7 of 22

707, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 18 October 2015 for AED 770,888, or AED 874 per sqft.
  • Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 62,000 to AED 48,000 in 2021 and recovered to AED 80,000 by June 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 10.4%.
  • Two-beds in Safi Apartments 1B sold for AED 987,000–1,200,000 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 10 June 2025.

Questions about 707, Safi Apartments 1B

What did unit 707 last sell for?

AED 770,888 on 18 October 2015, sold by the developer: AED 874 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 80,000 a year on the contract renewed on 10 June 2025. The previous contract, from June 2024, was AED 80,000; the unit has been rented since July 2019.

How big is unit 707?

881 sqft (81.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1B sold for AED 987,000 to 1,200,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 707, Safi Apartments 1B

Starts from the last sale price (AED 771K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 770,888
Deposit, UAE resident (20%)
AED 154,178
Deposit, non-resident (40%)
AED 308,355
Monthly over 25 years at 3.7%
AED 3,154

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