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

701, Safi Apartments 2B

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 701 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 886K26 October 2015
Current rentAED 65K /yr24 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Safi Apartments 2B

What is 701 worth today?

Last sold for AED 885,888 in 2015

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24 Apr 2026RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
24 Apr 2025RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
24 Apr 2025RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
24 Apr 2024RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
24 Apr 2023RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
20 Sep 2022RentedRenewal
AED 49,500/yr12 months · AED 53 per sqft
20 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
20 Sep 2019RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
7th of 7
Parking
P-132
Developer
Nshmi Development
Completed
2018
Last sold
AED 886K · October 2015

About 701, Safi Apartments 2B

701 is a two-bedroom apartment of 929 sqft on the 7th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 26 October 2015 for AED 885,888, or AED 954 per sqft, 6% above the AED 903 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 24 April 2026, is AED 65,000 a year: a gross yield of 7.3% on the 2015 price.

Sales and rents for 701 over time

Sales
Unit 701, 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, October 2015: AED 885,888 (AED 954 per sqft)

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

Rents
Unit 701, each contractTypical two-bed in Safi Apartments 2B
40K60K80K20192021202320252027Typical 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, September 2019: AED 52,000 a yearRenewal, September 2021: AED 45,000 a yearRenewal, September 2022: AED 49,500 a yearNew contract, April 2023: AED 65,000 a yearRenewal, April 2024: AED 65,000 a yearRenewal, April 2025: AED 65,000 a yearRenewal, April 2025: AED 65,000 a yearRenewal, April 2026: AED 65,000 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 701 sits

All 39 2-beds →

701 last sold in October 2015 at AED 954 per sqft, 6% above what two-beds in Safi Apartments 2B were fetching at the time (AED 903). 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. 701's AED 65,000 is in the lower half 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 7th floor

All 89 units in Safi Apartments 2B
Value
7023-bedAED 1.33M · Oct 2015
7032-bedAED 789K · Oct 2015
704StudioAED 409K · Oct 2015
7051-bedAED 591K · Oct 2015
7063-bedAED 1.18M · Oct 2015
7072-bedAED 803K · Oct 2015
7082-bedAED 800K · Oct 2015
1–7 of 10

701, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 26 October 2015 for AED 885,888, or AED 954 per sqft.
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2021 and recovered to AED 65,000 by April 2026.
  • At AED 65,000 a year the gross yield on the 2015 price is 7.3%.
  • 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 24 April 2026.

Questions about 701, Safi Apartments 2B

What did unit 701 last sell for?

AED 885,888 on 26 October 2015, sold by the developer: AED 954 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 65,000 a year on the contract renewed on 24 April 2026. The previous contract, from April 2025, was AED 65,000; the unit has been rented since September 2019.

How big is unit 701?

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

What is unit 701 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 701, Safi Apartments 2B

Starts from the last sale price (AED 886K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 885,888
Deposit, UAE resident (20%)
AED 177,178
Deposit, non-resident (40%)
AED 354,355
Monthly over 25 years at 3.7%
AED 3,624

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