2-bed · 976 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

718, Safi Apartments 1A

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

Unit 718 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 860K14 March 2024
Current rentAED 80K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Safi Apartments 1A

What is 718 worth today?

Last sold for AED 860,000 in 2024

Unlock today's estimate, updated daily, with

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

15 Oct 2026RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
15 Mar 2026RentedRenewal
AED 85,000/yr12 months · AED 88 per sqft
15 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 88 per sqft
15 Mar 2025RentedRenewal
AED 85,000/yr12 months · AED 88 per sqft
15 Mar 2024RentedNew contract
AED 85,000/yr12 months · AED 87 per sqft
14 Mar 2024SoldReady
AED 860,000AED 880 per sqft
1 Jul 2023RentedRenewal
AED 55,000/yr12 months · AED 56 per sqft
1 Jul 2022RentedRenewal
AED 52,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
2-bed apartment
Size
976 sqft
Floor
7th of 7
Parking
P-307
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,900 /yr
Last sold
AED 860K · March 2024

About 718, Safi Apartments 1A

718 is a two-bedroom apartment of 976 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 14 March 2024 for AED 860,000, or AED 880 per sqft, in line with the AED 886 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 15 October 2026, is AED 80,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 14,900 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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, September 2015: AED 830,888 (AED 851 per sqft)Sold, March 2024: AED 860,000 (AED 880 per sqft)

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

Rents
Unit 718, each contractTypical two-bed in Safi Apartments 1A
50K75K201920222025Typical 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, July 2019: AED 50,000 a yearRenewal, July 2020: AED 43,500 a yearRenewal, July 2021: AED 40,000 a yearRenewal, July 2022: AED 52,000 a yearRenewal, July 2023: AED 55,000 a yearNew contract, March 2024: AED 85,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2025: AED 85,000 a yearRenewal, March 2026: AED 85,000 a yearNew contract, October 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 1A, and where 718 sits

All 97 2-beds →

718 last sold in March 2024 at AED 880 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 886). 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. 718's AED 80,000 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

718, Safi Apartments 1A in numbers

  • Sold twice: first on 14 September 2015 for AED 830,888, last on 14 March 2024 for AED 860,000 (AED 880 per sqft).
  • Rented since July 2019 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 80,000 by October 2026.
  • At AED 80,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 14,900 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 15 October 2026.

Questions about 718, Safi Apartments 1A

What did unit 718 last sell for?

AED 860,000 on 14 March 2024: AED 880 per sqft for 976 sqft. The unit has 2 registered sales; the first was AED 830,888 in September 2015.

What is the rent for unit 718?

AED 80,000 a year on the contract signed on 15 October 2026. The previous contract, from March 2026, was AED 85,000; the unit has been rented since July 2019.

How big is unit 718?

976 sqft (90.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 718 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.

Selling 718? 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 718, Safi Apartments 1A

Starts from the last sale price (AED 860K, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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