2-bed · 963 sqftSafi Apartments 1A, Town Square · 2nd floor · completed 2018

203, Safi Apartments 1A

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.

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Unit 203 · DLD and Ejari recordsUpdated 14 February 2025

Last soldAED 732K29 October 2015

Current rentAED 80K /yr14 February 2025

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Today's valuefree after one verification

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Property timeline for 203, Safi Apartments 1A

Today

What is 203 worth today?

Last sold for AED 731,888 in 2015

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14 Feb 2025

14 Feb 2025RentedNew contract

AED 80,000/yr12 months · AED 84 per sqft

28 Dec 2023

28 Dec 2023RentedNew contract

AED 72,804/yr12 months · AED 76 per sqft

1 Nov 2022

1 Nov 2022RentedRenewal

AED 46,000/yr12 months · AED 48 per sqft

1 Nov 2021

1 Nov 2021RentedRenewal

AED 42,000/yr12 months · AED 44 per sqft

1 Nov 2020

1 Nov 2020RentedRenewal

AED 42,000/yr12 months · AED 44 per sqft

29 Oct 2015

29 Oct 2015Sold by developerOff-plan

AED 731,888AED 759 per sqft

Source: Dubai Land Department. Updated 14 February 2025.

Key facts

Type: 2-bed apartment
Size: 963 sqft
Floor: 2nd of 7
Parking: G-220
Developer: Nshmi Development
Completed: 2018
Service charge: AED 14,700 /yr
Last sold: AED 732K · October 2015
Building: Safi Apartments 1A

About 203, Safi Apartments 1A

203 is a two-bedroom apartment of 963 sqft on the 2nd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 29 October 2015 for AED 731,888, or AED 759 per sqft, 12% below the AED 860 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 14 February 2025, is AED 80,000 a year: a gross yield of 10.9% on the 2015 price, before the service charge of about AED 14,700 a year.

Sales and rents for 203 over time

Sales

Unit 203, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 203, each contractTypical two-bed in Safi Apartments 1A

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 1A, and where 203 sits

All 93 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,172 /sqft Safi Apartments 1A · all types1,172 /sqft

203 last sold in October 2015 at AED 759 per sqft, 12% below what two-beds in Safi Apartments 1A were fetching at the time (AED 860). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,172 per sqft, and rent for AED 68,250 to 90,000 a year. 203's AED 80,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	937 sqft	1,200,000	1,281
28 Jan 202628 January 2026	882 sqft	1,050,000	1,190
23 Jan 202623 January 2026	931 sqft	1,030,000	1,106
9 Jan 20269 January 2026	937 sqft	1,000,000	1,067

8 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 10 sold in the last 12 months.

Typical price per sqft: AED 1,172 Up 5.8%
Typical sale: AED 1.14M
Typical rent: AED 72K /yr
Typical yield: 7.2%

Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 156 units in Safi Apartments 1A


201	2-bed	937 sqft	AED 780KAED 780,000 · Feb 2023February 2023	60,000 /yr
202	3-bed	1,419 sqft	AED 1.15MAED 1,148,888 · Jun 2016June 2016	110,000 /yr
204	2-bed	931 sqft	AED 741KAED 740,888 · Oct 2015October 2015	80,000 /yr
205	2-bed	882 sqft	AED 835KAED 835,000 · Nov 2023November 2023	50,000 /yr
206	3-bed	1,408 sqft	AED 1.4MAED 1,400,888 · Jan 2018January 2018
207	2-bed	881 sqft	AED 788KAED 787,888 · Oct 2015October 2015
208	2-bed	1,045 sqft	AED 916KAED 915,888 · Oct 2018October 2018
209	1-bed	686 sqft	AED 500KAED 500,000 · Mar 2023March 2023	63,000 /yr
210		686 sqft	AED 750KAED 750,000 · Nov 2025November 2025	40,103 /yr
211	2-bed	1,058 sqft	AED 1.1MAED 1,100,000 · Sep 2024September 2024	90,000 /yr
212	2-bed	881 sqft	AED 788KAED 787,888 · Oct 2015October 2015	80,000 /yr
213	3-bed	1,408 sqft	AED 1.4MAED 1,400,000 · Oct 2024October 2024	92,400 /yr
214	2-bed	882 sqft	AED 733KAED 732,888 · Oct 2015October 2015	63,000 /yr
215	2-bed	931 sqft	AED 751KAED 750,888 · Oct 2015October 2015	85,000 /yr
216	2-bed	964 sqft	AED 800KAED 800,000 · Oct 2023October 2023	60,000 /yr
217	3-bed	1,419 sqft	AED 1.6MAED 1,600,000 · May 2025May 2025	85,000 /yr
218	2-bed	937 sqft	AED 740KAED 740,000 · Jan 2023January 2023	68,250 /yr
219	3-bed	1,340 sqft	AED 1.11MAED 1,111,888 · Jun 2015June 2015	96,810 /yr
220	2-bed	886 sqft	AED 795KAED 794,888 · Sep 2015September 2015	82,000 /yr
221	2-bed	904 sqft	AED 794KAED 793,888 · Aug 2015August 2015	75,000 /yr
222	3-bed	1,340 sqft	AED 1.02MAED 1,018,888 · Jun 2020June 2020	84,000 /yr

1–7 of 21

203, Safi Apartments 1A in numbers

Sold once: by Nshmi Development on 29 October 2015 for AED 731,888, or AED 759 per sqft.
Rented since November 2020 on 5 Ejari contracts, from AED 42,000 to AED 80,000 a year.
At AED 80,000 a year the gross yield on the 2015 price is 10.9%, before a service charge of about AED 14,700 a year (AED 15.28 per sqft).
Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 14 February 2025.

Questions about 203, Safi Apartments 1A

What did unit 203 last sell for?

AED 731,888 on 29 October 2015, sold by the developer: AED 759 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 80,000 a year on the contract signed on 14 February 2025. The previous contract, from December 2023, was AED 72,804; the unit has been rented since November 2020.

How big is unit 203?

963 sqft (89.5 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 203 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 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 203, Safi Apartments 1A

Starts from the last sale price (AED 732K, 29 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 731,888
Deposit, UAE resident (20%): AED 146,378
Deposit, non-resident (40%): AED 292,755
Monthly over 25 years at 3.7%: AED 2,994

Plus AED 35,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →