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

718, Safi Apartments 1B

Sold prices and rental history: sold twice, last in March 2026, 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 26 June 2026
Last soldAED 1.2M13 March 2026
Current rentAED 90K /yr26 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Safi Apartments 1B

What is 718 worth today?

Last sold for AED 1,200,000 in 2026

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26 Jun 2026RentedNew contract
AED 90,000/yr12 months · AED 96 per sqft
13 Mar 2026SoldReady
AED 1,200,000AED 1,281 per sqft
1 Jul 2024RentedRenewal
AED 70,000/yr12 months · AED 75 per sqft
1 Jul 2023RentedRenewal
AED 51,500/yr12 months · AED 55 per sqft
1 Jul 2022RentedRenewal
AED 48,875/yr12 months · AED 52 per sqft
1 Jul 2021RentedNew contract
AED 42,500/yr12 months · AED 45 per sqft
15 Sep 2020RentedRenewal
AED 55,000/yr12 months · AED 59 per sqft
15 Sep 2019RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 26 June 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 7
Parking
P-409,P-195
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.2M · March 2026

About 718, Safi Apartments 1B

718 is a two-bedroom apartment of 937 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 13 March 2026 for AED 1,200,000, or AED 1,281 per sqft, in line with the AED 1,276 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 26 June 2026, is AED 90,000 a year: a gross yield of 7.5% on the 2026 price.

Sales and rents for 718 over time

Sales
Unit 718, 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 843,888 (AED 900 per sqft)Sold, March 2026: AED 1,200,000 (AED 1,281 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 1B
50K75K20192021202320252027Typical 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, September 2019: AED 65,000 a yearRenewal, September 2020: AED 55,000 a yearNew contract, July 2021: AED 42,500 a yearRenewal, July 2022: AED 48,875 a yearRenewal, July 2023: AED 51,500 a yearRenewal, July 2024: AED 70,000 a yearNew contract, June 2026: AED 90,000 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 718 sits

All 67 2-beds →

718 last sold in March 2026 at AED 1,281 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,276). 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. 718's AED 90,000 is in the upper 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
3 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

718, Safi Apartments 1B in numbers

  • Sold twice: first on 25 October 2015 for AED 843,888, last on 13 March 2026 for AED 1,200,000 (AED 1,281 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 42,500 in 2021 and recovered to AED 90,000 by June 2026.
  • At AED 90,000 a year the gross yield on the 2026 price is 7.5%.
  • 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 26 June 2026.

Questions about 718, Safi Apartments 1B

What did unit 718 last sell for?

AED 1,200,000 on 13 March 2026: AED 1,281 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 718?

AED 90,000 a year on the contract signed on 26 June 2026. The previous contract, from July 2024, was AED 70,000; the unit has been rented since September 2019.

How big is unit 718?

937 sqft (87.1 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 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 718, Safi Apartments 1B

Starts from the last sale price (AED 1.2M, 13 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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