2-bed · 1,586 sqftSafi Apartments 2B, Town Square · 1st floor · completed 2018

103, Safi Apartments 2B

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 28 January 2026
Last soldAED 910K18 September 2016
Current rentAED 110K /yr28 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Safi Apartments 2B

What is 103 worth today?

Last sold for AED 909,888 in 2016

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28 Jan 2026RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
22 Aug 2024RentedRenewal
AED 80,000/yr12 months · AED 51 per sqft
22 Aug 2023RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
22 Aug 2022RentedRenewal
AED 65,000/yr12 months · AED 41 per sqft
22 Aug 2021RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
22 Aug 2020RentedNew contract
AED 58,000/yr12 months · AED 37 per sqft
22 Aug 2019RentedNew contract
AED 70,000/yr12 months · AED 44 per sqft
18 Sep 2016Sold by developerOff-plan
AED 909,888AED 573 per sqft

Source: Dubai Land Department. Updated 28 January 2026.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
1st of 7
Parking
P-184
Developer
Nshmi Development
Completed
2018
Last sold
AED 910K · September 2016

About 103, Safi Apartments 2B

103 is a two-bedroom apartment of 1,586 sqft on the 1st floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 18 September 2016 for AED 909,888, or AED 573 per sqft, 35% below the AED 885 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 28 January 2026, is AED 110,000 a year: a gross yield of 12.1% on the 2016 price.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Safi Apartments 2B
800K1M2015201820212024Typical sale price by year: 2015 AED 849,388; 2016 AED 834,388; 2020 AED 794,888; 2023 AED 800,000; 2024 AED 850,000; 2025 AED 1,100,000Sold by developer, September 2016: AED 909,888 (AED 573 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Safi Apartments 2B
50K100K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 55,440; 2024 AED 62,500; 2025 AED 68,250; 2026 AED 80,000New contract, August 2019: AED 70,000 a yearNew contract, August 2020: AED 58,000 a yearRenewal, August 2021: AED 60,000 a yearRenewal, August 2022: AED 65,000 a yearRenewal, August 2023: AED 70,000 a yearRenewal, August 2024: AED 80,000 a yearNew contract, January 2026: AED 110,000 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 2B, and where 103 sits

All 39 2-beds →

103 last sold in September 2016 at AED 573 per sqft, 35% below what two-beds in Safi Apartments 2B were fetching at the time (AED 885). Over the last 12 months two-beds sold for AED 1,148,720 to 1,180,000, around AED 1,092 per sqft, and rent for AED 63,000 to 110,000 a year. 103's AED 110,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20261,180,000
7 Aug 20261,148,720
6 May 20251,170,000
29 Apr 20251,075,000
2 2-bed sales in the last 12 months

Safi Apartments 2B

Building

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

Typical price per sqft
AED 1,327
Typical sale
AED 1.15M
Typical rent
AED 80K /yr
Typical yield
6.4%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 1st floor

All 89 units in Safi Apartments 2B
Value
1012-bedAED 1.15M · Aug 2026
1023-bedAED 1.86M · Jun 2025
1042-bedAED 786K · Jul 2016
105StudioAED 400K · Jun 2016
1061-bedAED 675K · Jul 2024
1073-bedAED 1.2M · Aug 2016
108StudioAED 367K · Oct 2015
1–7 of 11

103, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 18 September 2016 for AED 909,888, or AED 573 per sqft.
  • Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 58,000 in 2020 and recovered to AED 110,000 by January 2026.
  • At AED 110,000 a year the gross yield on the 2016 price is 12.1%.
  • Two-beds in Safi Apartments 2B sold for AED 1,148,720–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,327 per sqft.

Source: Dubai Land Department. Updated 28 January 2026.

Questions about 103, Safi Apartments 2B

What did unit 103 last sell for?

AED 909,888 on 18 September 2016, sold by the developer: AED 573 per sqft for 1,586 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 110,000 a year on the contract signed on 28 January 2026. The previous contract, from August 2024, was AED 80,000; the unit has been rented since August 2019.

How big is unit 103?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 103 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 2B sold for AED 1,148,720 to 1,180,000 in the last 12 months, around AED 1,092 per sqft.

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Mortgage on 103, Safi Apartments 2B

Starts from the last sale price (AED 910K, 18 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 909,888
Deposit, UAE resident (20%)
AED 181,978
Deposit, non-resident (40%)
AED 363,955
Monthly over 25 years at 3.7%
AED 3,723

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