1-bed · 596 sqftSafi Apartments 2B, Town Square · 7th floor · completed 2018

705, Safi Apartments 2B

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.

Unit 705 · DLD and Ejari recordsUpdated 11 June 2025
Last soldAED 591K28 October 2015
Current rentAED 46K /yr11 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Safi Apartments 2B

What is 705 worth today?

Last sold for AED 590,888 in 2015

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11 Jun 2025RentedRenewal
AED 45,850/yr12 months · AED 77 per sqft
11 Jun 2024RentedRenewal
AED 43,643/yr12 months · AED 73 per sqft
11 Jun 2023RentedRenewal
AED 37,950/yr12 months · AED 64 per sqft
7 Jan 2020RentedNew contract
AED 37,000/yr12 months · AED 62 per sqft
28 Oct 2015Sold by developerOff-plan
AED 590,888AED 991 per sqft

Source: Dubai Land Department. Updated 11 June 2025.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
7th of 7
Parking
P-129
Developer
Nshmi Development
Completed
2018
Last sold
AED 591K · October 2015

About 705, Safi Apartments 2B

705 is a one-bedroom apartment of 596 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 28 October 2015 for AED 590,888, or AED 991 per sqft, 6% above the AED 933 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 11 June 2025, is AED 45,850 a year: a gross yield of 7.8% on the 2015 price.

Sales and rents for 705 over time

Rents
Unit 705, each contractTypical one-bed in Safi Apartments 2B
30K40K2019202120232025Typical 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, January 2020: AED 37,000 a yearRenewal, June 2023: AED 37,950 a yearRenewal, June 2024: AED 43,643 a yearRenewal, June 2025: AED 45,850 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 705 sits

All 18 1-beds →

705 last sold in October 2015 at AED 991 per sqft, 6% above 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 7th floor

All 89 units in Safi Apartments 2B
Value
7012-bedAED 886K · Oct 2015
7023-bedAED 1.33M · Oct 2015
7032-bedAED 789K · Oct 2015
704StudioAED 409K · Oct 2015
7063-bedAED 1.18M · Oct 2015
7072-bedAED 803K · Oct 2015
7082-bedAED 800K · Oct 2015
1–7 of 10

705, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 28 October 2015 for AED 590,888, or AED 991 per sqft.
  • Rented since January 2020 on 4 Ejari contracts, from AED 37,000 to AED 45,850 a year.
  • At AED 45,850 a year the gross yield on the 2015 price is 7.8%.
  • 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 11 June 2025.

Questions about 705, Safi Apartments 2B

What did unit 705 last sell for?

AED 590,888 on 28 October 2015, sold by the developer: AED 991 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 45,850 a year on the contract renewed on 11 June 2025. The previous contract, from June 2024, was AED 43,643; the unit has been rented since January 2020.

How big is unit 705?

596 sqft (55.4 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 705 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 705, Safi Apartments 2B

Starts from the last sale price (AED 591K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 590,888
Deposit, UAE resident (20%)
AED 118,178
Deposit, non-resident (40%)
AED 236,355
Monthly over 25 years at 3.7%
AED 2,418

Plus AED 29,828 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →