1-bed · 633 sqftSafi Apartments 2B, Town Square · 2nd floor · completed 2018

203, 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.

Unit 203 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 577K25 October 2015
Current rentAED 60K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Safi Apartments 2B

What is 203 worth today?

Last sold for AED 576,888 in 2015

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1 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 95 per sqft
1 Jan 2025RentedRenewal
AED 46,585/yr12 months · AED 74 per sqft
1 Jan 2024RentedRenewal
AED 42,350/yr12 months · AED 67 per sqft
1 Jan 2023RentedNew contract
AED 38,500/yr12 months · AED 61 per sqft
1 Jan 2022RentedNew contract
AED 35,000/yr12 months · AED 55 per sqft
1 Oct 2021RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
1 Oct 2020RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
1 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
633 sqft
Floor
2nd of 7
Parking
G-144
Developer
Nshmi Development
Completed
2018
Last sold
AED 577K · October 2015

About 203, Safi Apartments 2B

203 is a one-bedroom apartment of 633 sqft on the 2nd floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 576,888, or AED 911 per sqft, in line with the AED 933 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 August 2025, is AED 60,000 a year: a gross yield of 10.4% on the 2015 price.

Sales and rents for 203 over time

Rents
Unit 203, each contractTypical one-bed in Safi Apartments 2B
40K60K2019202120232025Typical rent by year: 2019 AED 35,000; 2020 AED 27,500; 2021 AED 30,000; 2022 AED 34,500; 2023 AED 34,500; 2024 AED 42,997; 2025 AED 43,643New contract, October 2019: AED 38,000 a yearRenewal, October 2020: AED 35,000 a yearRenewal, October 2021: AED 35,000 a yearNew contract, January 2022: AED 35,000 a yearNew contract, January 2023: AED 38,500 a yearRenewal, January 2024: AED 42,350 a yearRenewal, January 2025: AED 46,585 a yearNew contract, August 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 2B, and where 203 sits

All 18 1-beds →

203 last sold in October 2015 at AED 911 per sqft, in line with what one-beds in Safi Apartments 2B were fetching at the time (AED 933). Over the last 12 months one-beds sold for AED 840,000, around AED 1,327 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2025266,667
23 Jun 2025500,000
4 Jul 2024675,000
6 Apr 2024500,000
1 1-bed sale 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. 2 sold in the last 12 months.

Typical price per sqft
AED 1,248
Typical sale
AED 1.25M
Typical rent
AED 77K /yr
Typical yield
6.2%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 89 units in Safi Apartments 2B
Value
2012-bedAED 846K · Oct 2015
2023-bedAED 1.21M · Oct 2015
2041-bedAED 564K · Oct 2015
2051-bedAED 589K · Oct 2015
206StudioAED 379K · Oct 2015
2071-bedAED 556K · Oct 2015
2083-bedAED 1.14M · Oct 2015
1–7 of 12

203, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 576,888, or AED 911 per sqft.
  • Rented since October 2019 on 8 Ejari contracts, from AED 38,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 10.4%.
  • One-beds in Safi Apartments 2B sold for AED 840,000–840,000 in the 12 months to November 2026; the building's median across all types is AED 1,248 per sqft.

Source: Dubai Land Department. Updated 1 August 2025.

Questions about 203, Safi Apartments 2B

What did unit 203 last sell for?

AED 576,888 on 25 October 2015, sold by the developer: AED 911 per sqft for 633 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 60,000 a year on the contract signed on 1 August 2025. The previous contract, from January 2025, was AED 46,585; the unit has been rented since October 2019.

How big is unit 203?

633 sqft (58.8 sqm): a one-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. One-beds in Safi Apartments 2B sold for AED 840,000 to 840,000 in the last 12 months, around AED 1,327 per sqft.

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Mortgage on 203, Safi Apartments 2B

Starts from the last sale price (AED 577K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 576,888
Deposit, UAE resident (20%)
AED 115,378
Deposit, non-resident (40%)
AED 230,755
Monthly over 25 years at 3.7%
AED 2,360

Plus AED 29,240 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →