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.
Property timeline for 716, Safi Apartments 1A
What is 716 worth today?
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Source: Dubai Land Department. Updated 28 December 2024.
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
- Building
- Safi Apartments 1A
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 5 Ejari contracts. The current contract, renewed on 28 December 2024, is AED 60,984 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 14,300 a year.
Sales and rents for 716 over time
716 has sold twice; the dashed line is the two-bed median of each year in the building.
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 93 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 1,172 per sqft, and rent for AED 68,250 to 90,000 a year. 716's AED 60,984 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 937 sqft | 1,200,000 | 1,281 | ||
| 28 Jan 202628 January 2026 | 882 sqft | 1,050,000 | 1,190 | ||
| 23 Jan 202623 January 2026 | 931 sqft | 1,030,000 | 1,106 | ||
| 9 Jan 20269 January 2026 | 937 sqft | 1,000,000 | 1,067 |
Safi Apartments 1A
Building156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,172 Up 5.8%
- Typical sale
- AED 1.14M
- Typical rent
- AED 72K /yr
- Typical yield
- 7.2%
Other units on the 7th floor
All 156 units in Safi Apartments 1A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 937 sqft | AED 850KAED 849,888 · Oct 2015October 2015 | 75,000 /yr | |
| 702 | 3-bed | 1,498 sqft | AED 1.25MAED 1,249,888 · Oct 2015October 2015 | ||
| 703 | 2-bed | 928 sqft | AED 798KAED 797,888 · Jun 2016June 2016 | 45,000 /yr | |
| 704 | 2-bed | 882 sqft | AED 630KAED 630,000 · Jul 2022July 2022 | 45,000 /yr | |
| 705 | 3-bed | 1,408 sqft | AED 1.43MAED 1,425,888 · Dec 2017December 2017 | 122,000 /yr | |
| 706 | 2-bed | 881 sqft | AED 818KAED 817,888 · Oct 2015October 2015 | 75,000 /yr | |
| 707 | 2-bed | 883 sqft | AED 1.05MAED 1,050,000 · Feb 2025February 2025 | 92,000 /yr | |
| 708 | 1-bed | 628 sqft | AED 604KAED 603,905 · Sep 2024September 2024 | 70,000 /yr | |
| 709 | 1-bed | 628 sqft | AED 571KAED 570,888 · Oct 2015October 2015 | 47,250 /yr | |
| 710 | 2-bed | 883 sqft | AED 814KAED 813,888 · Oct 2015October 2015 | 61,000 /yr | |
| 711 | 2-bed | 881 sqft | AED 781KAED 780,888 · Jul 2020July 2020 | 73,000 /yr | |
| 712 | 3-bed | 1,408 sqft | AED 1.3MAED 1,300,000 · Jun 2024June 2024 | 76,650 /yr | |
| 713 | 2-bed | 882 sqft | AED 1.05MAED 1,050,000 · Jan 2026January 2026 | 70,000 /yr | |
| 714 | 2-bed | 928 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 57,750 /yr | |
| 715 | 3-bed | 1,498 sqft | AED 1.25MAED 1,249,888 · Oct 2015October 2015 | 60,000 /yr | |
| 717 | 1-bed | 573 sqft | AED 450KAED 450,000 · Oct 2021October 2021 | 47,335 /yr | |
| 718 | 2-bed | 976 sqft | AED 860KAED 860,000 · Mar 2024March 2024 | 85,000 /yr | |
| 719 | 2-bed | 1,041 sqft | AED 980KAED 980,000 · May 2024May 2024 | 57,750 /yr | |
| 720 | 2-bed | 904 sqft | AED 830KAED 830,000 · Dec 2022December 2022 | 68,250 /yr | |
| 721 | 3-bed | 1,340 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 |
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 5 Ejari contracts. The rent fell from AED 52,000 to AED 40,000 in 2021 and recovered to AED 60,984 by December 2024.
- At AED 60,984 a year the gross yield on the 2024 price is 8.1%, 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 1,172 per sqft.
Source: Dubai Land Department. Updated 28 December 2024.
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 60,984 a year on the contract renewed on 28 December 2024. The previous contract, from December 2023, was AED 55,440; 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 1,172 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 AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →