715, Safi Apartments 1B
Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 715, Safi Apartments 1B
What is 715 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 7th of 7
- Parking
- G-315
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 350K · June 2023
- Building
- Safi Apartments 1B
About 715, Safi Apartments 1B
715 is a studio of 319 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 14 June 2023 for AED 350,000, or AED 1,096 per sqft, in line with the AED 1,096 studios in the building were fetching at the time.
It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 38,000 a year: a gross yield of 10.9% on the 2023 price.
Sales and rents for 715 over time
715 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safi Apartments 1B, and where 715 sits
All 22 studios →715 last sold in June 2023 at AED 1,096 per sqft, in line with what studios in Safi Apartments 1B were fetching at the time (AED 1,096). Over the last 12 months studios sold for AED 525,000 to 528,000, around AED 1,631 per sqft, and rent for AED 30,000 to 42,000 a year. 715's AED 38,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Mar 202623 March 2026 | 319 sqft | 525,000 | 1,645 | ||
| 16 Mar 202616 March 2026 | 327 sqft | 528,000 | 1,616 | ||
| 18 Sep 202518 September 2025 | 327 sqft | 450,000 | 1,377 | ||
| 24 Jul 202524 July 2025 | 330 sqft | 390,000 | 1,181 |
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 | |
| 712 | 2-bed | 881 sqft | AED 776KAED 775,888 · Oct 2015October 2015 | 80,000 /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 | |
| 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 |
715, Safi Apartments 1B in numbers
- Sold 3 times: first on 13 October 2015 for AED 369,888, last on 14 June 2023 for AED 350,000 (AED 1,096 per sqft).
- Rented since September 2023 on 4 Ejari contracts, from AED 32,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2023 price is 10.9%.
- Studios in Safi Apartments 1B sold for AED 525,000–528,000 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 September 2026.
Questions about 715, Safi Apartments 1B
What did unit 715 last sell for?
AED 350,000 on 14 June 2023: AED 1,096 per sqft for 319 sqft. The unit has 3 registered sales; the first was AED 369,888 in October 2015.
What is the rent for unit 715?
AED 38,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 36,960; the unit has been rented since September 2023.
How big is unit 715?
319 sqft (29.6 sqm): a studio on the 7th floor of a 7-storey tower completed in 2018.
What is unit 715 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 1B sold for AED 525,000 to 528,000 in the last 12 months, around AED 1,631 per sqft.
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Mortgage on 715, Safi Apartments 1B
Starts from the last sale price (AED 350K, 14 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →