2-bed · 883 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

708, Safi Apartments 1B

Sold prices and rental history: sold twice, last in January 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 800K2 January 2018
Current rentAED 115K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Safi Apartments 1B

What is 708 worth today?

Last sold for AED 799,999 in 2018

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1 May 2026RentedRenewal
AED 115,000/yr12 months · AED 130 per sqft
1 May 2025RentedRenewal
AED 78,750/yr12 months · AED 89 per sqft
1 May 2025RentedRenewal
AED 78,750/yr12 months · AED 89 per sqft
1 May 2024RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
1 Jul 2023RentedRenewal
AED 48,500/yr12 months · AED 55 per sqft
1 Jul 2022RentedRenewal
AED 46,000/yr12 months · AED 52 per sqft
1 Jul 2021RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
25 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
7th of 7
Parking
P-416
Developer
Nshmi Development
Completed
2018
Last sold
AED 800K · January 2018

About 708, Safi Apartments 1B

708 is a two-bedroom apartment of 883 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 2 January 2018 for AED 799,999, or AED 906 per sqft.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 115,000 a year: a gross yield of 14.4% on the 2018 price.

Sales and rents for 708 over time

Sales
Unit 708, 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 799,888 (AED 906 per sqft)Sold, January 2018: AED 799,999 (AED 906 per sqft)

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

Rents
Unit 708, each contractTypical two-bed in Safi Apartments 1B
50K100K20192021202320252027Typical 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 50,000 a yearRenewal, July 2020: AED 50,000 a yearNew contract, July 2021: AED 42,000 a yearRenewal, July 2022: AED 46,000 a yearRenewal, July 2023: AED 48,500 a yearNew contract, May 2024: AED 75,000 a yearRenewal, May 2025: AED 78,750 a yearRenewal, May 2025: AED 78,750 a yearRenewal, May 2026: AED 115,000 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 708 sits

All 67 2-beds →

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. 708's AED 115,000 is at the top 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
7072-bedAED 771K · Oct 2015
1–7 of 22

708, Safi Apartments 1B in numbers

  • Sold twice: first on 19 October 2015 for AED 799,888, last on 2 January 2018 for AED 799,999 (AED 906 per sqft).
  • Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2021 and recovered to AED 115,000 by May 2026.
  • At AED 115,000 a year the gross yield on the 2018 price is 14.4%.
  • 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 1 May 2026.

Questions about 708, Safi Apartments 1B

What did unit 708 last sell for?

AED 799,999 on 2 January 2018: AED 906 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 799,888 in October 2015.

What is the rent for unit 708?

AED 115,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 78,750; the unit has been rented since July 2019.

How big is unit 708?

883 sqft (82.0 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 708 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 708, Safi Apartments 1B

Starts from the last sale price (AED 800K, 2 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 799,999
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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