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

711, Safi Apartments 1B

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711 · DLD and Ejari recordsUpdated 18 January 2026
Last soldAED 650K9 October 2019
Current rentAED 105K /yr18 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711, Safi Apartments 1B

What is 711 worth today?

Last sold for AED 650,000 in 2019

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18 Jan 2026RentedNew contract
AED 105,000/yr12 months · AED 119 per sqft
18 May 2024RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
1 Feb 2022RentedRenewal
AED 35,000/yr12 months · AED 40 per sqft
1 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 40 per sqft
10 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
9 Oct 2019SoldReady
AED 650,000AED 736 per sqft
26 Oct 2015Sold by developerOff-plan
AED 775,888AED 879 per sqft

Source: Dubai Land Department. Updated 18 January 2026.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
7th of 7
Parking
P-406
Developer
Nshmi Development
Completed
2018
Last sold
AED 650K · October 2019

About 711, Safi Apartments 1B

711 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 9 October 2019 for AED 650,000, or AED 736 per sqft, 8% below the AED 804 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 18 January 2026, is AED 105,000 a year: a gross yield of 16.2% on the 2019 price.

Sales and rents for 711 over time

Sales
Unit 711, 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 775,888 (AED 879 per sqft)Sold, October 2019: AED 650,000 (AED 736 per sqft)

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

Rents
Unit 711, 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, October 2020: AED 40,000 a yearNew contract, February 2021: AED 35,000 a yearRenewal, February 2022: AED 35,000 a yearNew contract, May 2024: AED 90,000 a yearNew contract, January 2026: AED 105,000 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 711 sits

All 67 2-beds →

711 last sold in October 2019 at AED 736 per sqft, 8% below what two-beds in Safi Apartments 1B were fetching at the time (AED 804). 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. 711's AED 105,000 is in the upper 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
7072-bedAED 771K · Oct 2015
1–7 of 22

711, Safi Apartments 1B in numbers

  • Sold twice: first on 26 October 2015 for AED 775,888, last on 9 October 2019 for AED 650,000 (AED 736 per sqft).
  • Rented since October 2020 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 35,000 in 2022 and recovered to AED 105,000 by January 2026.
  • At AED 105,000 a year the gross yield on the 2019 price is 16.2%.
  • 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 18 January 2026.

Questions about 711, Safi Apartments 1B

What did unit 711 last sell for?

AED 650,000 on 9 October 2019: AED 736 per sqft for 883 sqft. The unit has 2 registered sales; the first was AED 775,888 in October 2015.

What is the rent for unit 711?

AED 105,000 a year on the contract signed on 18 January 2026. The previous contract, from May 2024, was AED 90,000; the unit has been rented since October 2020.

How big is unit 711?

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

What is unit 711 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 711, Safi Apartments 1B

Starts from the last sale price (AED 650K, 9 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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