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

203, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in September 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 September 2025
Last soldAED 776K15 September 2015
Current rentAED 85K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Safi Apartments 2A

What is 203 worth today?

Last sold for AED 775,888 in 2015

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1 Sep 2025RentedRenewal
AED 85,000/yr12 months · AED 89 per sqft
1 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 89 per sqft
6 Oct 2023RentedRenewal
AED 58,000/yr12 months · AED 61 per sqft
6 Oct 2022RentedRenewal
AED 52,800/yr12 months · AED 55 per sqft
6 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 50 per sqft
5 Sep 2020RentedRenewal
AED 47,000/yr12 months · AED 49 per sqft
5 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
15 Sep 2015Sold by developerOff-plan
AED 775,888AED 805 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
2nd of 7
Parking
G-197
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 776K · September 2015

About 203, Safi Apartments 2A

203 is a two-bedroom apartment of 963 sqft on the 2nd floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 15 September 2015 for AED 775,888, or AED 805 per sqft, 8% below the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 85,000 a year: a gross yield of 11.0% 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 2A
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 806,388; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 890,000; 2025 AED 1,100,000; 2026 AED 1,130,000Sold by developer, September 2015: AED 775,888 (AED 805 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 2A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 65,100; 2025 AED 80,000; 2026 AED 80,000New contract, September 2019: AED 50,000 a yearRenewal, September 2020: AED 47,000 a yearNew contract, October 2021: AED 48,000 a yearRenewal, October 2022: AED 52,800 a yearRenewal, October 2023: AED 58,000 a yearNew contract, September 2024: AED 85,000 a yearRenewal, September 2025: AED 85,000 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 2A, and where 203 sits

All 97 2-beds →

203 last sold in September 2015 at AED 805 per sqft, 8% below what two-beds in Safi Apartments 2A were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 1,050,000 to 1,425,000, around AED 1,174 per sqft, and rent for AED 55,000 to 110,000 a year. 203's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,100,000
18 Aug 20261,130,000
10 Aug 202640,138
3 Jul 20261,050,000
10 2-bed sales in the last 12 months

Safi Apartments 2A

Building

153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,251 Up 6.6%
Typical sale
AED 1.15M
Typical rent
AED 81K /yr
Typical yield
6.8%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 153 units in Safi Apartments 2A
Value
2012-bedAED 780K · May 2023
2023-bedAED 1.09M · Sep 2020
2042-bedAED 779K · Oct 2015
2052-bedAED 771K · Oct 2015
2063-bedAED 1.29M · Sep 2017
2072-bedAED 825K · Feb 2024
2082-bedAED 900K · Oct 2015
1–7 of 21

203, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 15 September 2015 for AED 775,888, or AED 805 per sqft.
  • Rented since September 2019 on 7 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 11.0%, before a service charge of about AED 14,700 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,050,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 1,251 per sqft.

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 203, Safi Apartments 2A

What did unit 203 last sell for?

AED 775,888 on 15 September 2015, sold by the developer: AED 805 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 85,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 85,000; the unit has been rented since September 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 2A sold for AED 1,050,000 to 1,425,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 203, Safi Apartments 2A

Starts from the last sale price (AED 776K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 775,888
Deposit, UAE resident (20%)
AED 155,178
Deposit, non-resident (40%)
AED 310,355
Monthly over 25 years at 3.7%
AED 3,174

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