2-bed · 929 sqftSafi Apartments 1B, Town Square · 7th floor · completed 2018

716, Safi Apartments 1B

Sold prices and rental history: sold twice, last in February 2026, 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 2 February 2026
Last soldAED 1.19M2 February 2026
Current rentAED 65K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Safi Apartments 1B

What is 716 worth today?

Last sold for AED 1,190,000 in 2026

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2 Feb 2026SoldReady
AED 1,190,000AED 1,281 per sqft
20 Jun 2024RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
20 Jun 2023RentedNew contract
AED 62,000/yr12 months · AED 67 per sqft
12 Aug 2022RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
2 Jun 2021RentedRenewal
AED 50,000/yr12 months · AED 54 per sqft
31 May 2020RentedRenewal
AED 49,724/yr12 months · AED 54 per sqft
1 Jun 2019RentedNew contract
AED 55,148/yr12 months · AED 60 per sqft
19 Oct 2015Sold by developerOff-plan
AED 760,888AED 819 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
7th of 7
Parking
P-408
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.19M · February 2026

About 716, Safi Apartments 1B

716 is a two-bedroom apartment of 929 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 2 February 2026 for AED 1,190,000, or AED 1,281 per sqft, in line with the AED 1,262 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 20 June 2024, is AED 65,000 a year: a gross yield of 5.5% on the 2026 price.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 813,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,160,000; 2026 AED 1,190,000Sold by developer, October 2015: AED 760,888 (AED 819 per sqft)Sold, February 2026: AED 1,190,000 (AED 1,281 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 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,750; 2023 AED 55,220; 2024 AED 68,250; 2025 AED 78,750; 2026 AED 80,000New contract, June 2019: AED 55,148 a yearRenewal, May 2020: AED 49,724 a yearRenewal, June 2021: AED 50,000 a yearNew contract, August 2022: AED 45,000 a yearNew contract, June 2023: AED 62,000 a yearRenewal, June 2024: AED 65,000 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 1B, and where 716 sits

All 67 2-beds →

716 last sold in February 2026 at AED 1,281 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,262). Over the last 12 months two-beds sold for AED 987,000 to 1,200,000, around AED 1,276 per sqft, and rent for AED 61,365 to 115,000 a year. 716's AED 65,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
4 Sep 20261,100,000
15 May 2026987,000
13 Mar 20261,200,000
10 2-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

716, Safi Apartments 1B in numbers

  • Sold twice: first on 19 October 2015 for AED 760,888, last on 2 February 2026 for AED 1,190,000 (AED 1,281 per sqft).
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 55,148 to AED 45,000 in 2022 and recovered to AED 65,000 by June 2024.
  • At AED 65,000 a year the gross yield on the 2026 price is 5.5%.
  • Two-beds in Safi Apartments 1B sold for AED 987,000–1,200,000 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 2 February 2026.

Questions about 716, Safi Apartments 1B

What did unit 716 last sell for?

AED 1,190,000 on 2 February 2026: AED 1,281 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 760,888 in October 2015.

What is the rent for unit 716?

AED 65,000 a year on the contract renewed on 20 June 2024. The previous contract, from June 2023, was AED 62,000; the unit has been rented since June 2019.

How big is unit 716?

929 sqft (86.3 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 1B sold for AED 987,000 to 1,200,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 716, Safi Apartments 1B

Starts from the last sale price (AED 1.19M, 2 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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