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

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.

Unit 712 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 776K19 October 2015
Current rentAED 77K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712, Safi Apartments 1B

What is 712 worth today?

Last sold for AED 775,888 in 2015

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1 Aug 2026RentedRenewal
AED 76,875/yr12 months · AED 87 per sqft
1 Aug 2026RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
1 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
1 Mar 2025RentedRenewal
AED 76,000/yr3 months · AED 86 per sqft
1 Dec 2024RentedRenewal
AED 73,000/yr3 months · AED 83 per sqft
1 Dec 2023RentedRenewal
AED 70,000/yr12 months · AED 79 per sqft
1 Dec 2022RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
5 Nov 2021RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft

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

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

Sales
Unit 712, 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 880 per sqft)

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

Rents
Unit 712, each contractTypical two-bed in Safi Apartments 1B
40K60K80K201920222025Typical 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, November 2019: AED 55,000 a yearRenewal, November 2020: AED 43,000 a yearRenewal, November 2021: AED 50,000 a yearNew contract, December 2022: AED 65,000 a yearRenewal, December 2023: AED 70,000 a yearRenewal, December 2024: AED 73,000 a yearRenewal, March 2025: AED 76,000 a yearNew contract, August 2025: AED 80,000 a yearRenewal, August 2026: AED 76,875 a yearRenewal, August 2026: 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 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 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

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 →