
712, 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.
Property timeline for 712, Safi Apartments 1B
What is 712 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 881 sqft
- Floor
- 7th of 7
- Parking
- P-407
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 776K · October 2015
- Building
- Safi Apartments 1B
About 712, Safi Apartments 1B
712 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 19 October 2015 for AED 775,888, or AED 880 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 10 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 76,875 a year: a gross yield of 9.9% on the 2015 price.
Sales and rents for 712 over time
712 has sold once; the dashed line is the two-bed median of each year in the building.
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 712 sits
All 67 2-beds →712 last sold in October 2015 at AED 880 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. 712's AED 76,875 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 937 sqft | 1,030,000 | 1,099 | ||
| 4 Sep 20264 September 2026 | 881 sqft | 1,100,000 | 1,248 | ||
| 15 May 202615 May 2026 | 937 sqft | 987,000 | 1,053 | ||
| 13 Mar 202613 March 2026 | 937 sqft | 1,200,000 | 1,281 |
Safi Apartments 1B
Building181 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%
Other units on the 7th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 937 sqft | AED 900KAED 900,000 · Aug 2024August 2024 | 54,000 /yr | |
| 702 | 3-bed | 1,498 sqft | AED 1.25MAED 1,249,888 · Oct 2015October 2015 | 160,800 /yr | |
| 703 | 2-bed | 929 sqft | AED 1.24MAED 1,235,000 · May 2025May 2025 | 82,500 /yr | |
| 704 | Studio | 319 sqft | AED 427KAED 426,888 · Jun 2016June 2016 | 36,000 /yr | |
| 705 | 1-bed | 596 sqft | AED 565KAED 564,888 · Oct 2015October 2015 | 52,500 /yr | |
| 706 | 3-bed | 1,408 sqft | AED 925KAED 925,000 · Apr 2021April 2021 | 60,000 /yr | |
| 707 | 2-bed | 881 sqft | AED 771KAED 770,888 · Oct 2015October 2015 | 80,000 /yr | |
| 708 | 2-bed | 883 sqft | AED 800KAED 799,999 · Jan 2018January 2018 | 115,000 /yr | |
| 709 | 1-bed | 629 sqft | AED 613KAED 612,888 · Jul 2016July 2016 | 47,500 /yr | |
| 710 | 1-bed | 629 sqft | AED 556KAED 555,888 · Oct 2015October 2015 | 66,000 /yr | |
| 711 | 2-bed | 883 sqft | AED 650KAED 650,000 · Oct 2019October 2019 | 105,000 /yr | |
| 713 | 3-bed | 1,408 sqft | AED 1.36MAED 1,360,000 · Apr 2024April 2024 | 120,000 /yr | |
| 714 | 1-bed | 596 sqft | AED 575KAED 574,888 · Jul 2016July 2016 | 55,000 /yr | |
| 715 | Studio | 319 sqft | AED 350KAED 350,000 · Jun 2023June 2023 | 38,000 /yr | |
| 716 | 2-bed | 929 sqft | AED 1.19MAED 1,190,000 · Feb 2026February 2026 | 65,000 /yr | |
| 717 | 3-bed | 1,498 sqft | AED 985KAED 985,000 · Aug 2021August 2021 | 70,000 /yr | |
| 718 | 2-bed | 937 sqft | AED 1.2MAED 1,200,000 · Mar 2026March 2026 | 90,000 /yr | |
| 719 | 1-bed | 573 sqft | AED 530KAED 530,000 · Oct 2019October 2019 | ||
| 720 | 2-bed | 976 sqft | AED 789KAED 788,888 · Jul 2020July 2020 | 60,000 /yr | |
| 721 | 2-bed | 1,041 sqft | AED 1.1MAED 1,100,000 · May 2019May 2019 | ||
| 722 | 2-bed | 904 sqft | AED 834KAED 833,888 · Oct 2015October 2015 | 67,000 /yr | |
| 723 | 3-bed | 1,340 sqft | AED 1.02MAED 1,020,888 · Jun 2020June 2020 |
712, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 19 October 2015 for AED 775,888, or AED 880 per sqft.
- Rented since November 2019 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 43,000 in 2020 and recovered to AED 76,875 by August 2026.
- At AED 76,875 a year the gross yield on the 2015 price is 9.9%.
- 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 August 2026.
Questions about 712, Safi Apartments 1B
What did unit 712 last sell for?
AED 775,888 on 19 October 2015, sold by the developer: AED 880 per sqft for 881 sqft. It is the only registered sale of the unit.
What is the rent for unit 712?
AED 76,875 a year on the contract renewed on 1 August 2026. The previous contract, from August 2026, was AED 80,000; the unit has been rented since November 2019.
How big is unit 712?
881 sqft (81.8 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.
What is unit 712 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 712, Safi Apartments 1B
Starts from the last sale price (AED 776K, 19 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 775,888
- Deposit, UAE resident (20%)
- AED 155,178
- Deposit, non-resident (40%)
- AED 310,355
- Monthly over 25 years at 3.7%
- AED 3,174
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →