1-bed · 687 sqftSafi Apartments 2A, Town Square · 3rd floor · completed 2018

309, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in December 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 617K23 December 2015
Current rentAED 47K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Safi Apartments 2A

What is 309 worth today?

Last sold for AED 616,888 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedNew contract
AED 46,590/yr12 months · AED 68 per sqft
1 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft
23 Dec 2015Sold by developerOff-plan
AED 616,888AED 898 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
687 sqft
Floor
3rd of 7
Parking
G-114
Developer
Nshmi Development
Completed
2018
Service charge
AED 10,500 /yr
Last sold
AED 617K · December 2015

About 309, Safi Apartments 2A

309 is a one-bedroom apartment of 687 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 23 December 2015 for AED 616,888, or AED 898 per sqft, in line with the AED 899 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 46,590 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 309 over time

Rents
Unit 309, each contractTypical one-bed in Safi Apartments 2A
40K50K2019202120232025Typical rent by year: 2019 AED 38,000; 2020 AED 35,000; 2021 AED 34,500; 2022 AED 41,000; 2023 AED 44,750; 2024 AED 47,250; 2025 AED 56,000New contract, October 2019: AED 38,000 a yearNew contract, October 2024: AED 46,590 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 2A, and where 309 sits

All 17 1-beds →

309 last sold in December 2015 at AED 898 per sqft, in line with what one-beds in Safi Apartments 2A were fetching at the time (AED 899).

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 2025820,000
6 Nov 2023620,000
12 Jun 2023565,000
31 Oct 2022520,000
0 1-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

309, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 23 December 2015 for AED 616,888, or AED 898 per sqft.
  • Rented since October 2019 on 2 Ejari contracts, from AED 38,000 to AED 46,590 a year.
  • At AED 46,590 a year the gross yield on the 2015 price is 7.5%, before a service charge of about AED 10,500 a year (AED 15.28 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 309, Safi Apartments 2A

What did unit 309 last sell for?

AED 616,888 on 23 December 2015, sold by the developer: AED 898 per sqft for 687 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 46,590 a year on the contract signed on 1 October 2024. The previous contract, from October 2019, was AED 38,000.

How big is unit 309?

687 sqft (63.8 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 309? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 309, Safi Apartments 2A

Starts from the last sale price (AED 617K, 23 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 616,888
Deposit, UAE resident (20%)
AED 123,378
Deposit, non-resident (40%)
AED 246,755
Monthly over 25 years at 3.7%
AED 2,524

Plus AED 30,920 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →