2-bed · 937 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

716, Safi Apartments 1A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 750K28 October 2024
Current rentAED 83K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Safi Apartments 1A

What is 716 worth today?

Last sold for AED 750,000 in 2024

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1 Aug 2026RentedRenewal
AED 83,000/yr12 months · AED 89 per sqft
1 Aug 2025RentedNew contract
AED 83,000/yr12 months · AED 89 per sqft
28 Dec 2024RentedRenewal
AED 60,984/yr6 months · AED 65 per sqft
28 Oct 2024SoldReady
AED 750,000AED 800 per sqft
28 Dec 2023RentedRenewal
AED 55,440/yr12 months · AED 59 per sqft
28 Dec 2022RentedRenewal
AED 52,800/yr12 months · AED 56 per sqft
28 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
1 Feb 2021RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 7
Parking
P-306
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 750K · October 2024

About 716, Safi Apartments 1A

716 is a two-bedroom apartment of 937 sqft on the 7th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 28 October 2024 for AED 750,000, or AED 800 per sqft, 16% below the AED 949 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 83,000 a year: a gross yield of 11.1% on the 2024 price, before the service charge of about AED 14,300 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,100,000; 2026 AED 1,087,500Sold by developer, October 2015: AED 843,888 (AED 900 per sqft)Sold, October 2024: AED 750,000 (AED 800 per sqft)

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

Rents
Unit 716, each contractTypical two-bed in Safi Apartments 1A
40K60K80K201920222025Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,084; 2024 AED 70,068; 2025 AED 80,000; 2026 AED 80,000New contract, September 2019: AED 52,000 a yearNew contract, February 2021: AED 40,000 a yearNew contract, December 2021: AED 48,000 a yearRenewal, December 2022: AED 52,800 a yearRenewal, December 2023: AED 55,440 a yearRenewal, December 2024: AED 60,984 a yearNew contract, August 2025: AED 83,000 a yearRenewal, August 2026: AED 83,000 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 1A, and where 716 sits

All 97 2-beds →

716 last sold in October 2024 at AED 800 per sqft, 16% below what two-beds in Safi Apartments 1A were fetching at the time (AED 949). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 716's AED 83,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,075,000
26 Oct 20261,175,000
10 Sep 20261,200,000
3 Jun 20261,025,000
13 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,217 Up 9.9%
Typical sale
AED 1.1M
Typical rent
AED 80K /yr
Typical yield
7.1%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 7th floor

All 156 units in Safi Apartments 1A
Value
7012-bedAED 850K · Oct 2015
7023-bedAED 1.25M · Oct 2015
7032-bedAED 798K · Jun 2016
7042-bedAED 630K · Jul 2022
7053-bedAED 1.43M · Dec 2017
7062-bedAED 818K · Oct 2015
7072-bedAED 1.05M · Feb 2025
1–7 of 20

716, Safi Apartments 1A in numbers

  • Sold twice: first on 19 October 2015 for AED 843,888, last on 28 October 2024 for AED 750,000 (AED 800 per sqft).
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 40,000 in 2021 and recovered to AED 83,000 by August 2026.
  • At AED 83,000 a year the gross yield on the 2024 price is 11.1%, before a service charge of about AED 14,300 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 716, Safi Apartments 1A

What did unit 716 last sell for?

AED 750,000 on 28 October 2024: AED 800 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 843,888 in October 2015.

What is the rent for unit 716?

AED 83,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 83,000; the unit has been rented since September 2019.

How big is unit 716?

937 sqft (87.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 716 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 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 716, Safi Apartments 1A

Starts from the last sale price (AED 750K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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