2-bed · 963 sqftSafi Apartments 1A, Town Square · 2nd floor · completed 2018

203, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 732K29 October 2015
Current rentAED 70K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Safi Apartments 1A

What is 203 worth today?

Last sold for AED 731,888 in 2015

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1 Jun 2026RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
28 Apr 2026RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
14 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
14 Feb 2025RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
28 Dec 2023RentedNew contract
AED 72,804/yr12 months · AED 76 per sqft
1 Nov 2022RentedRenewal
AED 46,000/yr12 months · AED 48 per sqft
1 Nov 2021RentedRenewal
AED 42,000/yr12 months · AED 44 per sqft
1 Nov 2020RentedRenewal
AED 42,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
2nd of 7
Parking
G-220
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 732K · October 2015

About 203, Safi Apartments 1A

203 is a two-bedroom apartment of 963 sqft on the 2nd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 29 October 2015 for AED 731,888, or AED 759 per sqft, 12% below the AED 860 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 1 June 2026, is AED 70,000 a year: a gross yield of 9.6% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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 731,888 (AED 759 per sqft)

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

Rents
Unit 203, 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, November 2019: AED 47,500 a yearRenewal, November 2020: AED 42,000 a yearRenewal, November 2021: AED 42,000 a yearRenewal, November 2022: AED 46,000 a yearNew contract, December 2023: AED 72,804 a yearNew contract, February 2025: AED 80,000 a yearNew contract, February 2025: AED 80,000 a yearNew contract, April 2026: AED 85,000 a yearNew contract, June 2026: AED 70,000 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 1A, and where 203 sits

All 97 2-beds →

203 last sold in October 2015 at AED 759 per sqft, 12% below what two-beds in Safi Apartments 1A were fetching at the time (AED 860). 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. 203's AED 70,000 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 2nd floor

All 156 units in Safi Apartments 1A
Value
2012-bedAED 780K · Feb 2023
2023-bedAED 1.15M · Jun 2016
2042-bedAED 741K · Oct 2015
2052-bedAED 835K · Nov 2023
2063-bedAED 1.4M · Jan 2018
2072-bedAED 788K · Oct 2015
2082-bedAED 916K · Oct 2018
1–7 of 21

203, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 29 October 2015 for AED 731,888, or AED 759 per sqft.
  • Rented since November 2019 on 9 Ejari contracts. The rent fell from AED 47,500 to AED 42,000 in 2021 and recovered to AED 70,000 by June 2026.
  • At AED 70,000 a year the gross yield on the 2015 price is 9.6%, before a service charge of about AED 14,700 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 1 June 2026.

Questions about 203, Safi Apartments 1A

What did unit 203 last sell for?

AED 731,888 on 29 October 2015, sold by the developer: AED 759 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 70,000 a year on the contract signed on 1 June 2026. The previous contract, from April 2026, was AED 85,000; the unit has been rented since November 2019.

How big is unit 203?

963 sqft (89.5 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 203 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 203, Safi Apartments 1A

Starts from the last sale price (AED 732K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 731,888
Deposit, UAE resident (20%)
AED 146,378
Deposit, non-resident (40%)
AED 292,755
Monthly over 25 years at 3.7%
AED 2,994

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