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2-bed · 937 sqftSafi Apartments 2A, Town Square · 7th floor · completed 2018

701, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 844K12 October 2015
Current rentAED 80K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Safi Apartments 2A

What is 701 worth today?

Last sold for AED 843,888 in 2015

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1 Mar 2026RentedRenewal
AED 80,000/yr12 months · AED 85 per sqft
1 Mar 2025RentedRenewal
AED 66,150/yr12 months · AED 71 per sqft
1 Mar 2024RentedRenewal
AED 63,000/yr12 months · AED 67 per sqft
1 Mar 2023RentedNew contract
AED 63,000/yr12 months · AED 67 per sqft
12 Oct 2015Sold by developerOff-plan
AED 843,888AED 900 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
7th of 7
Parking
P-224,P-9
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 844K · October 2015
Building
Safi Apartments 2A

About 701, Safi Apartments 2A

701 is a two-bedroom apartment of 937 sqft on the 7th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 12 October 2015 for AED 843,888, or AED 900 per sqft, 4% above the AED 867 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 80,000 a year: a gross yield of 9.5% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Safi Apartments 2A
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 803,888; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 900,000; 2025 AED 1,100,000; 2026 AED 1,145,000Sold by developer, October 2015: AED 843,888 (AED 900 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 2A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 66,150; 2025 AED 80,000; 2026 AED 81,000New contract, March 2023: AED 63,000 a yearRenewal, March 2024: AED 63,000 a yearRenewal, March 2025: AED 66,150 a yearRenewal, March 2026: AED 80,000 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 2A, and where 701 sits

All 93 2-beds →

701 last sold in October 2015 at AED 900 per sqft, 4% above what two-beds in Safi Apartments 2A were fetching at the time (AED 867). Over the last 12 months two-beds sold for AED 1,130,000 to 1,170,000, around AED 1,276 per sqft, and rent for AED 62,890 to 95,000 a year. 701's AED 80,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,130,000
3 Feb 20261,150,000
22 Jan 20261,140,000
16 Jan 20261,170,000
4 2-bed sales in the last 12 months

Safi Apartments 2A

Building

153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,271
Typical sale
AED 1.15M
Typical rent
AED 83K /yr
Typical yield
6.6%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 7th floor

All 153 units in Safi Apartments 2A
Value
7023-bedAED 1.04M · Jun 2020
7032-bedAED 804K · Oct 2015
7042-bedAED 1.1M · Jun 2025
7053-bedAED 1.21M · May 2016
7062-bedAED 725K · Dec 2022
7072-bedAED 814K · Oct 2015
7081-bedAED 565K · Jun 2023
1–7 of 20

701, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 843,888, or AED 900 per sqft.
  • Rented since March 2023 on 4 Ejari contracts, from AED 63,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2015 price is 9.5%, before a service charge of about AED 14,300 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,130,000–1,170,000 in the 12 months to November 2026; the building's median across all types is AED 1,271 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 701, Safi Apartments 2A

What did unit 701 last sell for?

AED 843,888 on 12 October 2015, sold by the developer: AED 900 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 80,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 66,150; the unit has been rented since March 2023.

How big is unit 701?

937 sqft (87.1 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 2A sold for AED 1,130,000 to 1,170,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 701, Safi Apartments 2A

Starts from the last sale price (AED 844K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 843,888
Deposit, UAE resident (20%)
AED 168,778
Deposit, non-resident (40%)
AED 337,555
Monthly over 25 years at 3.7%
AED 3,453

Plus AED 40,454 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →