708, 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.
Property timeline for 708, Safi Apartments 2B
What is 708 worth today?
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Source: Dubai Land Department. Updated 31 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 894 sqft
- Floor
- 7th of 7
- Parking
- P-135
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 800K · October 2015
- Building
- Safi Apartments 2B
About 708, Safi Apartments 2B
708 is a two-bedroom apartment of 894 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 799,888, or AED 894 per sqft, in line with the AED 903 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 31 March 2024, is AED 60,659 a year: a gross yield of 7.6% on the 2015 price.
Sales and rents for 708 over time
708 has sold once; the dashed line is the two-bed median of each year in the building.
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 708 sits
All 39 2-beds →708 last sold in October 2015 at AED 894 per sqft, in line with 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. 708's AED 60,659 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 943 sqft | 1,180,000 | 1,251 | ||
| 7 Aug 20267 August 2026 | 1,232 sqft | 1,148,720 | 932 | ||
| 6 May 20256 May 2025 | 1,074 sqft | 1,170,000 | 1,089 | ||
| 29 Apr 202529 April 2025 | 1,076 sqft | 1,075,000 | 999 |
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 | |
| 704 | Studio | 320 sqft | AED 409KAED 408,888 · Oct 2015October 2015 | 29,400 /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 | |
| 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 |
708, Safi Apartments 2B in numbers
- Sold once: by Nshmi Development on 26 October 2015 for AED 799,888, or AED 894 per sqft.
- Rented since November 2019 on 5 Ejari contracts, from AED 48,000 to AED 60,659 a year.
- At AED 60,659 a year the gross yield on the 2015 price is 7.6%.
- 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 31 March 2024.
Questions about 708, Safi Apartments 2B
What did unit 708 last sell for?
AED 799,888 on 26 October 2015, sold by the developer: AED 894 per sqft for 894 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 60,659 a year on the contract renewed on 31 March 2024. The previous contract, from March 2023, was AED 53,240; the unit has been rented since November 2019.
How big is unit 708?
894 sqft (83.1 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.
What is unit 708 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 708, Safi Apartments 2B
Starts from the last sale price (AED 800K, 26 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 799,888
- Deposit, UAE resident (20%)
- AED 159,978
- Deposit, non-resident (40%)
- AED 319,955
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →