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

703, Safi Apartments 2B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 789K26 October 2015
Current rentAED 75K /yr12 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Safi Apartments 2B

What is 703 worth today?

Last sold for AED 788,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Sep 2025RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
7 Sep 2024RentedRenewal
AED 68,250/yr12 months · AED 73 per sqft
7 Sep 2023RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
29 Aug 2022RentedRenewal
AED 48,400/yr12 months · AED 52 per sqft
29 Aug 2021RentedNew contract
AED 44,000/yr12 months · AED 47 per sqft
10 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
26 Oct 2015Sold by developerOff-plan
AED 788,888AED 849 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
7th of 7
Parking
P-133
Developer
Nshmi Development
Completed
2018
Last sold
AED 789K · October 2015

About 703, Safi Apartments 2B

703 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 788,888, or AED 849 per sqft, 6% below the AED 903 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 12 September 2025, is AED 75,000 a year: a gross yield of 9.5% on the 2015 price.

Sales and rents for 703 over time

Sales
Unit 703, 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 788,888 (AED 849 per sqft)

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

Rents
Unit 703, 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, February 2020: AED 45,000 a yearNew contract, August 2021: AED 44,000 a yearRenewal, August 2022: AED 48,400 a yearNew contract, September 2023: AED 65,000 a yearRenewal, September 2024: AED 68,250 a yearNew contract, September 2025: AED 75,000 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 703 sits

All 39 2-beds →

703 last sold in October 2015 at AED 849 per sqft, 6% below 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. 703's AED 75,000 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
7012-bedAED 886K · Oct 2015
7023-bedAED 1.33M · 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

703, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 26 October 2015 for AED 788,888, or AED 849 per sqft.
  • Rented since February 2020 on 6 Ejari contracts, from AED 45,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 9.5%.
  • 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 12 September 2025.

Questions about 703, Safi Apartments 2B

What did unit 703 last sell for?

AED 788,888 on 26 October 2015, sold by the developer: AED 849 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 75,000 a year on the contract signed on 12 September 2025. The previous contract, from September 2024, was AED 68,250; the unit has been rented since February 2020.

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

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Safi Apartments 2B

Starts from the last sale price (AED 789K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 788,888
Deposit, UAE resident (20%)
AED 157,778
Deposit, non-resident (40%)
AED 315,555
Monthly over 25 years at 3.7%
AED 3,228

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