702, 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 702, Safi Apartments 2B
What is 702 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,491 sqft
- Floor
- 7th of 7
- Parking
- P-168
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.33M · October 2015
- Building
- Safi Apartments 2B
About 702, Safi Apartments 2B
702 is a three-bedroom apartment of 1,491 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 1,327,888, or AED 890 per sqft, 4% above the AED 857 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 24 September 2024, is AED 88,000 a year: a gross yield of 6.6% on the 2015 price.
Sales and rents for 702 over time
702 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Safi Apartments 2B, and where 702 sits
All 22 3-beds →702 last sold in October 2015 at AED 890 per sqft, 4% above what three-beds in Safi Apartments 2B were fetching at the time (AED 857). Over the last 12 months three-beds sold for AED 1,650,000, around AED 1,168 per sqft, and rent for AED 100,000 to 120,000 a year. 702's AED 88,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 2,257 sqft | 1,860,000 | 824 | ||
| 16 Dec 202416 December 2024 | 1,408 sqft | 1,250,000 | 887 | ||
| 2 Oct 20242 October 2024 | 1,418 sqft | 1,300,000 | 916 | ||
| 24 Sep 202424 September 2024 | 1,413 sqft | 1,500,000 | 1,061 |
Safi Apartments 2B
Building89 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%
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 | |
| 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 | 45,850 /yr | |
| 706 | 3-bed | 1,408 sqft | AED 1.18MAED 1,177,888 · Oct 2015October 2015 | 83,680 /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 | 110,000 /yr | |
| 710 | 2-bed | 904 sqft | AED 878KAED 877,888 · Oct 2015October 2015 | 63,000 /yr | |
| 711 | 2-bed | 943 sqft | AED 879KAED 878,888 · Oct 2015October 2015 | 63,525 /yr |
702, Safi Apartments 2B in numbers
- Sold once: by Nshmi Development on 26 October 2015 for AED 1,327,888, or AED 890 per sqft.
- Rented since September 2019 on 4 Ejari contracts, from AED 73,000 to AED 88,000 a year.
- At AED 88,000 a year the gross yield on the 2015 price is 6.6%.
- Three-beds in Safi Apartments 2B sold for AED 1,650,000–1,650,000 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 24 September 2024.
Questions about 702, Safi Apartments 2B
What did unit 702 last sell for?
AED 1,327,888 on 26 October 2015, sold by the developer: AED 890 per sqft for 1,491 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 88,000 a year on the contract renewed on 24 September 2024. The previous contract, from September 2021, was AED 69,300; the unit has been rented since September 2019.
How big is unit 702?
1,491 sqft (138.5 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 2B sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,168 per sqft.
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Mortgage on 702, Safi Apartments 2B
Starts from the last sale price (AED 1.33M, 26 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,327,888
- Deposit, UAE resident (20%)
- AED 265,578
- Deposit, non-resident (40%)
- AED 531,155
- Monthly over 25 years at 3.7%
- AED 5,433
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →