1-bed · 596 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

714, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 575K20 July 2016
Current rentAED 55K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Safi Apartments 1B

What is 714 worth today?

Last sold for AED 574,888 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Apr 2026RentedRenewal
AED 55,000/yr12 months · AED 92 per sqft
20 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 92 per sqft
1 Dec 2023RentedRenewal
AED 42,650/yr12 months · AED 72 per sqft
1 Dec 2022RentedRenewal
AED 35,650/yr12 months · AED 60 per sqft
1 Dec 2021RentedNew contract
AED 31,000/yr12 months · AED 52 per sqft
1 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 54 per sqft
1 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 60 per sqft
20 Jul 2016Sold by developerOff-plan
AED 574,888AED 964 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
7th of 7
Parking
G-358
Developer
Nshmi Development
Completed
2018
Last sold
AED 575K · July 2016

About 714, Safi Apartments 1B

714 is a one-bedroom apartment of 596 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 20 July 2016 for AED 574,888, or AED 964 per sqft, 6% above the AED 911 one-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 20 April 2026, is AED 55,000 a year: a gross yield of 9.6% on the 2016 price.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, July 2016: AED 574,888 (AED 964 per sqft)

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

Rents
Unit 714, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, November 2019: AED 36,000 a yearRenewal, November 2020: AED 32,000 a yearNew contract, December 2021: AED 31,000 a yearRenewal, December 2022: AED 35,650 a yearRenewal, December 2023: AED 42,650 a yearNew contract, April 2025: AED 55,000 a yearRenewal, April 2026: AED 55,000 a year

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

1-beds in Safi Apartments 1B, and where 714 sits

All 55 1-beds →

714 last sold in July 2016 at AED 964 per sqft, 6% above what one-beds in Safi Apartments 1B were fetching at the time (AED 911). 714's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-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

714, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 20 July 2016 for AED 574,888, or AED 964 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 36,000 to AED 31,000 in 2021 and recovered to AED 55,000 by April 2026.
  • At AED 55,000 a year the gross yield on the 2016 price is 9.6%.

Source: Dubai Land Department. Updated 20 April 2026.

Questions about 714, Safi Apartments 1B

What did unit 714 last sell for?

AED 574,888 on 20 July 2016, sold by the developer: AED 964 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 55,000 a year on the contract renewed on 20 April 2026. The previous contract, from April 2025, was AED 55,000; the unit has been rented since November 2019.

How big is unit 714?

596 sqft (55.4 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 714 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 714? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 714, Safi Apartments 1B

Starts from the last sale price (AED 575K, 20 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 574,888
Deposit, UAE resident (20%)
AED 114,978
Deposit, non-resident (40%)
AED 229,955
Monthly over 25 years at 3.7%
AED 2,352

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