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

722, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 722 · DLD and Ejari recordsUpdated 27 June 2025

Last soldAED 834K26 October 2015

Current rentAED 67K /yr27 June 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 722, Safi Apartments 1B

Today

What is 722 worth today?

Last sold for AED 833,888 in 2015

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27 Jun 2025

27 Jun 2025RentedRenewal

AED 67,000/yr12 months · AED 74 per sqft

27 Jun 2024

27 Jun 2024RentedRenewal

AED 66,000/yr12 months · AED 73 per sqft

27 Jun 2023

27 Jun 2023RentedNew contract

AED 65,000/yr12 months · AED 72 per sqft

27 Jun 2022

27 Jun 2022RentedRenewal

AED 46,000/yr12 months · AED 51 per sqft

27 Jun 2021

27 Jun 2021RentedRenewal

AED 43,000/yr12 months · AED 48 per sqft

27 Jun 2020

27 Jun 2020RentedRenewal

AED 50,000/yr12 months · AED 55 per sqft

26 Oct 2015

26 Oct 2015Sold by developerOff-plan

AED 833,888AED 922 per sqft

Source: Dubai Land Department. Updated 27 June 2025.

Key facts

Type: 2-bed apartment
Size: 904 sqft
Floor: 7th of 7
Parking: P-417
Developer: Nshmi Development
Completed: 2018
Last sold: AED 834K · October 2015
Building: Safi Apartments 1B

About 722, Safi Apartments 1B

722 is a two-bedroom apartment of 904 sqft on the 7th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 26 October 2015 for AED 833,888, or AED 922 per sqft, 6% above the AED 871 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 27 June 2025, is AED 67,000 a year: a gross yield of 8.0% on the 2015 price.

Sales and rents for 722 over time

Sales

Unit 722, each saleTypical two-bed in Safi Apartments 1B

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

Rents

Unit 722, each contractTypical two-bed in Safi Apartments 1B

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 722 sits

All 66 2-beds →

2-beds in Safi Apartments 1B · last 12 months1,281 /sqft Safi Apartments 1B · all types1,281 /sqft

722 last sold in October 2015 at AED 922 per sqft, 6% above what two-beds in Safi Apartments 1B were fetching at the time (AED 871). Over the last 12 months two-beds sold for AED 1,190,000 to 1,200,000, around AED 1,281 per sqft, and rent for AED 66,150 to 105,000 a year. 722's AED 67,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
6 Feb 20266 February 2026	937 sqft	1,200,000	1,281
2 Feb 20262 February 2026	929 sqft	1,190,000	1,281
17 Dec 202517 December 2025	937 sqft	1,200,000	1,281
10 Dec 202510 December 2025	881 sqft	1,200,000	1,362

4 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. 5 sold in the last 12 months.

Typical price per sqft: AED 1,281
Typical sale: AED 1.2M
Typical rent: AED 64K /yr
Typical yield: 7.3%

Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 7th floor

All 181 units in Safi Apartments 1B


701	2-bed	937 sqft	AED 900KAED 900,000 · Aug 2024August 2024	54,000 /yr
702	3-bed	1,498 sqft	AED 1.25MAED 1,249,888 · Oct 2015October 2015	120,000 /yr
703	2-bed	929 sqft	AED 1.24MAED 1,235,000 · May 2025May 2025	80,000 /yr
704	Studio	319 sqft	AED 427KAED 426,888 · Jun 2016June 2016	36,000 /yr
705	1-bed	596 sqft	AED 565KAED 564,888 · Oct 2015October 2015	63,000 /yr
706	3-bed	1,408 sqft	AED 925KAED 925,000 · Apr 2021April 2021	60,000 /yr
707	2-bed	881 sqft	AED 771KAED 770,888 · Oct 2015October 2015	80,000 /yr
708	2-bed	883 sqft	AED 800KAED 799,999 · Jan 2018January 2018	78,750 /yr
709	1-bed	629 sqft	AED 613KAED 612,888 · Jul 2016July 2016	47,500 /yr
710	1-bed	629 sqft	AED 556KAED 555,888 · Oct 2015October 2015	63,000 /yr
711	2-bed	883 sqft	AED 650KAED 650,000 · Oct 2019October 2019	105,000 /yr
712	2-bed	881 sqft	AED 776KAED 775,888 · Oct 2015October 2015	80,000 /yr
713	3-bed	1,408 sqft	AED 1.36MAED 1,360,000 · Apr 2024April 2024	73,000 /yr
714	1-bed	596 sqft	AED 575KAED 574,888 · Jul 2016July 2016	55,000 /yr
715	Studio	319 sqft	AED 350KAED 350,000 · Jun 2023June 2023	36,960 /yr
716	2-bed	929 sqft	AED 1.19MAED 1,190,000 · Feb 2026February 2026	65,000 /yr
717	3-bed	1,498 sqft	AED 985KAED 985,000 · Aug 2021August 2021	70,000 /yr
718	2-bed	937 sqft	AED 844KAED 843,888 · Oct 2015October 2015	70,000 /yr
719	1-bed	573 sqft	AED 530KAED 530,000 · Oct 2019October 2019
720	2-bed	976 sqft	AED 789KAED 788,888 · Jul 2020July 2020	60,000 /yr
721	2-bed	1,041 sqft	AED 1.1MAED 1,100,000 · May 2019May 2019
723	3-bed	1,340 sqft	AED 1.02MAED 1,020,888 · Jun 2020June 2020

1–7 of 22

722, Safi Apartments 1B in numbers

Sold once: by Nshmi Development on 26 October 2015 for AED 833,888, or AED 922 per sqft.
Rented since June 2020 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 43,000 in 2021 and recovered to AED 67,000 by June 2025.
At AED 67,000 a year the gross yield on the 2015 price is 8.0%.
Two-beds in Safi Apartments 1B sold for AED 1,190,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,281 per sqft.

Source: Dubai Land Department. Updated 27 June 2025.

Questions about 722, Safi Apartments 1B

What did unit 722 last sell for?

AED 833,888 on 26 October 2015, sold by the developer: AED 922 per sqft for 904 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 67,000 a year on the contract renewed on 27 June 2025. The previous contract, from June 2024, was AED 66,000; the unit has been rented since June 2020.

How big is unit 722?

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

What is unit 722 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 1,190,000 to 1,200,000 in the last 12 months, around AED 1,281 per sqft.

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Mortgage on 722, Safi Apartments 1B

Starts from the last sale price (AED 834K, 26 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 833,888
Deposit, UAE resident (20%): AED 166,778
Deposit, non-resident (40%): AED 333,555
Monthly over 25 years at 3.7%: AED 3,412

Plus AED 40,034 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →