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2-bed · 904 sqftSafi Apartments 1A, Town Square · 7th floor · completed 2018

720, Safi Apartments 1A

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 830K21 December 2022
Current rentAED 68K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 720, Safi Apartments 1A

What is 720 worth today?

Last sold for AED 830,000 in 2022

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25 Jan 2026RentedRenewal
AED 68,250/yr12 months · AED 75 per sqft
25 Jan 2025RentedRenewal
AED 68,250/yr12 months · AED 75 per sqft
25 Jan 2025RentedRenewal
AED 68,250/yr12 months · AED 75 per sqft
25 Jan 2024RentedRenewal
AED 65,000/yr12 months · AED 72 per sqft
25 Jan 2023RentedNew contract
AED 65,000/yr12 months · AED 72 per sqft
21 Dec 2022SoldReady
AED 830,000AED 917 per sqft
25 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
8 Jun 2020RentedRenewal
AED 47,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
2-bed apartment
Size
904 sqft
Floor
7th of 7
Parking
P-317
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,800 /yr
Last sold
AED 830K · December 2022
Building
Safi Apartments 1A

About 720, Safi Apartments 1A

720 is a two-bedroom apartment of 904 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 21 December 2022 for AED 830,000, or AED 917 per sqft, 17% above the AED 784 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 25 January 2026, is AED 68,250 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 13,800 a year.

Sales and rents for 720 over time

Sales
Unit 720, 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 818,888 (AED 905 per sqft)Sold, December 2022: AED 830,000 (AED 917 per sqft)

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

Rents
Unit 720, each contractTypical two-bed in Safi Apartments 1A
40K60K80K20192021202320252027Typical 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, June 2019: AED 55,000 a yearRenewal, June 2020: AED 47,000 a yearNew contract, July 2021: AED 50,000 a yearNew contract, January 2023: AED 65,000 a yearRenewal, January 2024: AED 65,000 a yearRenewal, January 2025: AED 68,250 a yearRenewal, January 2025: AED 68,250 a yearRenewal, January 2026: AED 68,250 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 720 sits

All 97 2-beds →

720 last sold in December 2022 at AED 917 per sqft, 17% above what two-beds in Safi Apartments 1A were fetching at the time (AED 784). 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. 720's AED 68,250 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

720, Safi Apartments 1A in numbers

  • Sold twice: first on 13 October 2015 for AED 818,888, last on 21 December 2022 for AED 830,000 (AED 917 per sqft).
  • Rented since June 2019 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 47,000 in 2020 and recovered to AED 68,250 by January 2026.
  • At AED 68,250 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 13,800 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 25 January 2026.

Questions about 720, Safi Apartments 1A

What did unit 720 last sell for?

AED 830,000 on 21 December 2022: AED 917 per sqft for 904 sqft. The unit has 2 registered sales; the first was AED 818,888 in October 2015.

What is the rent for unit 720?

AED 68,250 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 68,250; the unit has been rented since June 2019.

How big is unit 720?

904 sqft (84.0 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 720 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 720, Safi Apartments 1A

Starts from the last sale price (AED 830K, 21 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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