2-bed · 1,002 sqftSafi Apartments 2A, Town Square · 3rd floor · completed 2018

308, Safi Apartments 2A

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 308 · DLD and Ejari recordsUpdated 7 June 2025
Last soldAED 816K25 October 2015
Current rentAED 63K /yr7 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Safi Apartments 2A

What is 308 worth today?

Last sold for AED 815,888 in 2015

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7 Jun 2025RentedRenewal
AED 63,000/yr12 months · AED 63 per sqft
7 Jun 2024RentedRenewal
AED 60,000/yr12 months · AED 60 per sqft
7 Jun 2023RentedRenewal
AED 54,500/yr12 months · AED 54 per sqft
7 Jun 2022RentedNew contract
AED 53,000/yr12 months · AED 53 per sqft
15 Jun 2021RentedNew contract
AED 44,000/yr12 months · AED 44 per sqft
1 Feb 2021RentedRenewal
AED 46,000/yr12 months · AED 46 per sqft
1 Feb 2020RentedNew contract
AED 50,000/yr12 months · AED 50 per sqft
25 Oct 2015Sold by developerOff-plan
AED 815,888AED 814 per sqft

Source: Dubai Land Department. Updated 7 June 2025.

Key facts

Type
2-bed apartment
Size
1,002 sqft
Floor
3rd of 7
Parking
G-95
Developer
Nshmi Development
Completed
2018
Service charge
AED 15,300 /yr
Last sold
AED 816K · October 2015

About 308, Safi Apartments 2A

308 is a two-bedroom apartment of 1,002 sqft on the 3rd floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 815,888, or AED 814 per sqft, 7% below the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 7 June 2025, is AED 63,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 15,300 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 815,888 (AED 814 per sqft)

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

Rents
Unit 308, 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, February 2020: AED 50,000 a yearRenewal, February 2021: AED 46,000 a yearNew contract, June 2021: AED 44,000 a yearNew contract, June 2022: AED 53,000 a yearRenewal, June 2023: AED 54,500 a yearRenewal, June 2024: AED 60,000 a yearRenewal, June 2025: AED 63,000 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 308 sits

All 93 2-beds →

308 last sold in October 2015 at AED 814 per sqft, 7% below what two-beds in Safi Apartments 2A were fetching at the time (AED 879). 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. 308's AED 63,000 is in the lower 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 3rd floor

All 153 units in Safi Apartments 2A
Value
3012-bedAED 885K · May 2023
3023-bedAED 1.18M · Oct 2015
3032-bedAED 850K · Jul 2024
3042-bedAED 750K · Sep 2023
3052-bedAED 771K · Oct 2015
3063-bedAED 1.18M · Oct 2015
3072-bedAED 975K · Nov 2024
1–7 of 22

308, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 815,888, or AED 814 per sqft.
  • Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 44,000 in 2021 and recovered to AED 63,000 by June 2025.
  • At AED 63,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 15,300 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 7 June 2025.

Questions about 308, Safi Apartments 2A

What did unit 308 last sell for?

AED 815,888 on 25 October 2015, sold by the developer: AED 814 per sqft for 1,002 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 63,000 a year on the contract renewed on 7 June 2025. The previous contract, from June 2024, was AED 60,000; the unit has been rented since February 2020.

How big is unit 308?

1,002 sqft (93.1 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 308 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 308, Safi Apartments 2A

Starts from the last sale price (AED 816K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 815,888
Deposit, UAE resident (20%)
AED 163,178
Deposit, non-resident (40%)
AED 326,355
Monthly over 25 years at 3.7%
AED 3,338

Plus AED 39,278 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →