704, 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.
Property timeline for 704, Safi Apartments 2B
What is 704 worth today?
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Source: Dubai Land Department. Updated 7 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 320 sqft
- Floor
- 7th of 7
- Parking
- G-130
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 409K · October 2015
- Building
- Safi Apartments 2B
About 704, Safi Apartments 2B
704 is a studio of 320 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 408,888, or AED 1,279 per sqft, 4% above the AED 1,232 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 7 January 2026, is AED 29,400 a year: a gross yield of 7.2% on the 2015 price.
Sales and rents for 704 over time
704 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safi Apartments 2B, and where 704 sits
All 8 studios →704 last sold in October 2015 at AED 1,279 per sqft, 4% above what studios in Safi Apartments 2B were fetching at the time (AED 1,232). Over the last 12 months studios sold for AED 528,000, around AED 1,651 per sqft, and rent for AED 29,400 to 40,000 a year. 704's AED 29,400 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Mar 202616 March 2026 | 320 sqft | 528,000 | 1,651 | ||
| 30 Jul 202530 July 2025 | 320 sqft | 500,000 | 1,564 | ||
| 29 May 202529 May 2025 | 320 sqft | 400,000 | 1,251 | ||
| 27 Mar 202527 March 2025 | 320 sqft | 490,000 | 1,532 |
Safi Apartments 2B
Building89 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%
Other units on the 7th floor
All 89 units in Safi Apartments 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 929 sqft | AED 886KAED 885,888 · Oct 2015October 2015 | 65,000 /yr | |
| 702 | 3-bed | 1,491 sqft | AED 1.33MAED 1,327,888 · Oct 2015October 2015 | 90,000 /yr | |
| 703 | 2-bed | 929 sqft | AED 789KAED 788,888 · Oct 2015October 2015 | 75,000 /yr | |
| 705 | 1-bed | 596 sqft | AED 591KAED 590,888 · Oct 2015October 2015 | 48,143 /yr | |
| 706 | 3-bed | 1,408 sqft | AED 1.18MAED 1,177,888 · Oct 2015October 2015 | 87,864 /yr | |
| 707 | 2-bed | 973 sqft | AED 803KAED 802,888 · Oct 2015October 2015 | 68,250 /yr | |
| 708 | 2-bed | 894 sqft | AED 800KAED 799,888 · Oct 2015October 2015 | 60,659 /yr | |
| 709 | 3-bed | 1,473 sqft | AED 1.35MAED 1,352,888 · Oct 2015October 2015 | 102,500 /yr | |
| 710 | 2-bed | 904 sqft | AED 878KAED 877,888 · Oct 2015October 2015 | 66,150 /yr | |
| 711 | 2-bed | 943 sqft | AED 879KAED 878,888 · Oct 2015October 2015 | 63,525 /yr |
704, Safi Apartments 2B in numbers
- Sold once: by Nshmi Development on 26 October 2015 for AED 408,888, or AED 1,279 per sqft.
- Rented since March 2020 on 6 Ejari contracts, from AED 23,000 to AED 29,400 a year.
- At AED 29,400 a year the gross yield on the 2015 price is 7.2%.
- Studios in Safi Apartments 2B sold for AED 528,000–528,000 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 7 January 2026.
Questions about 704, Safi Apartments 2B
What did unit 704 last sell for?
AED 408,888 on 26 October 2015, sold by the developer: AED 1,279 per sqft for 320 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 29,400 a year on the contract renewed on 7 January 2026. The previous contract, from January 2025, was AED 28,000; the unit has been rented since March 2020.
How big is unit 704?
320 sqft (29.7 sqm): a studio 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. Studios in Safi Apartments 2B sold for AED 528,000 to 528,000 in the last 12 months, around AED 1,651 per sqft.
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Mortgage on 704, Safi Apartments 2B
Starts from the last sale price (AED 409K, 26 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 408,888
- Deposit, UAE resident (20%)
- AED 81,778
- Deposit, non-resident (40%)
- AED 163,555
- Monthly over 25 years at 3.7%
- AED 1,673
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →