2-bed · 882 sqftSafi Apartments 2A, Town Square · 7th floor · completed 2018

704, Safi Apartments 2A

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

Unit 704 · DLD and Ejari recordsUpdated 20 June 2025
Last soldAED 1.1M20 June 2025
Current rentAED 83K /yr3 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Safi Apartments 2A

What is 704 worth today?

Last sold for AED 1,100,000 in 2025

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20 Jun 2025SoldReady
AED 1,100,000AED 1,247 per sqft
3 Jan 2025RentedRenewal
AED 82,500/yr12 months · AED 93 per sqft
3 Jan 2024RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
6 Nov 2023SoldReady
AED 825,000AED 935 per sqft
20 Feb 2023RentedRenewal
AED 55,000/yr12 months · AED 62 per sqft
20 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
21 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
20 Nov 2019RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 20 June 2025.

Key facts

Type
2-bed apartment
Size
882 sqft
Floor
7th of 7
Parking
P-222
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 1.1M · June 2025

About 704, Safi Apartments 2A

704 is a two-bedroom apartment of 882 sqft on the 7th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 20 June 2025 for AED 1,100,000, or AED 1,247 per sqft, 21% above the AED 1,034 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 3 January 2025, is AED 82,500 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 13,500 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, October 2015: AED 790,888 (AED 896 per sqft)Sold, November 2023: AED 825,000 (AED 935 per sqft)Sold, June 2025: AED 1,100,000 (AED 1,247 per sqft)

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

Rents
Unit 704, 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, November 2019: AED 48,000 a yearNew contract, January 2021: AED 45,000 a yearNew contract, February 2022: AED 50,000 a yearRenewal, February 2023: AED 55,000 a yearNew contract, January 2024: AED 75,000 a yearRenewal, January 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 2A, and where 704 sits

All 97 2-beds →

704 last sold in June 2025 at AED 1,247 per sqft, 21% above what two-beds in Safi Apartments 2A were fetching at the time (AED 1,034). 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. 704's AED 82,500 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 7th floor

All 153 units in Safi Apartments 2A
Value
7012-bedAED 844K · Oct 2015
7023-bedAED 1.04M · Jun 2020
7032-bedAED 804K · Oct 2015
7053-bedAED 1.21M · May 2016
7062-bedAED 725K · Dec 2022
7072-bedAED 814K · Oct 2015
7081-bedAED 565K · Jun 2023
1–7 of 20

704, Safi Apartments 2A in numbers

  • Sold 3 times: first on 19 October 2015 for AED 790,888, last on 20 June 2025 for AED 1,100,000 (AED 1,247 per sqft).
  • Rented since November 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 7.5%, before a service charge of about AED 13,500 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 20 June 2025.

Questions about 704, Safi Apartments 2A

What did unit 704 last sell for?

AED 1,100,000 on 20 June 2025: AED 1,247 per sqft for 882 sqft. The unit has 3 registered sales; the first was AED 790,888 in October 2015.

What is the rent for unit 704?

AED 82,500 a year on the contract renewed on 3 January 2025. The previous contract, from January 2024, was AED 75,000; the unit has been rented since November 2019.

How big is unit 704?

882 sqft (81.9 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 704 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 704, Safi Apartments 2A

Starts from the last sale price (AED 1.1M, 20 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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