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

703, Safi Apartments 1B

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 1.24M21 May 2025
Current rentAED 83K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Safi Apartments 1B

What is 703 worth today?

Last sold for AED 1,235,000 in 2025

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1 Jul 2025RentedNew contract
AED 82,500/yr12 months · AED 89 per sqft
21 May 2025SoldReady
AED 1,235,000AED 1,329 per sqft
1 Jul 2024RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
7 Feb 2024RentedNew contract
AED 78,000/yr12 months · AED 84 per sqft
11 Jan 2021RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
10 Jan 2021SoldReady
AED 600,000AED 645 per sqft
7 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
1 May 2019RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
7th of 7
Parking
P-413
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.24M · May 2025

About 703, Safi Apartments 1B

703 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 21 May 2025 for AED 1,235,000, or AED 1,329 per sqft, 6% above the AED 1,250 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 July 2025, is AED 82,500 a year: a gross yield of 6.7% on the 2025 price.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Safi Apartments 1B
500K1M20152018202120242027Typical 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 811,888 (AED 874 per sqft)Sold, January 2021: AED 600,000 (AED 645 per sqft)Sold, May 2025: AED 1,235,000 (AED 1,329 per sqft)

703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, 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, May 2019: AED 48,000 a yearNew contract, January 2020: AED 45,000 a yearNew contract, January 2021: AED 48,000 a yearNew contract, February 2024: AED 78,000 a yearNew contract, July 2024: AED 80,000 a yearNew contract, July 2025: AED 82,500 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 703 sits

All 67 2-beds →

703 last sold in May 2025 at AED 1,329 per sqft, 6% above what two-beds in Safi Apartments 1B were fetching at the time (AED 1,250). 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. 703's AED 82,500 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
704StudioAED 427K · Jun 2016
7051-bedAED 565K · Oct 2015
7063-bedAED 925K · Apr 2021
7072-bedAED 771K · Oct 2015
7082-bedAED 800K · Jan 2018
1–7 of 22

703, Safi Apartments 1B in numbers

  • Sold 3 times: first on 13 October 2015 for AED 811,888, last on 21 May 2025 for AED 1,235,000 (AED 1,329 per sqft).
  • Rented since May 2019 on 6 Ejari contracts, from AED 48,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2025 price is 6.7%.
  • 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 1 July 2025.

Questions about 703, Safi Apartments 1B

What did unit 703 last sell for?

AED 1,235,000 on 21 May 2025: AED 1,329 per sqft for 929 sqft. The unit has 3 registered sales; the first was AED 811,888 in October 2015.

What is the rent for unit 703?

AED 82,500 a year on the contract signed on 1 July 2025. The previous contract, from July 2024, was AED 80,000; the unit has been rented since May 2019.

How big is unit 703?

929 sqft (86.3 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 703 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 703, Safi Apartments 1B

Starts from the last sale price (AED 1.24M, 21 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,235,000
Deposit, UAE resident (20%)
AED 247,000
Deposit, non-resident (40%)
AED 494,000
Monthly over 25 years at 3.7%
AED 5,053

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