3-bed · 1,408 sqftSafi Apartments 2A, Town Square · 4th floor · completed 2018

406, Safi Apartments 2A

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

Unit 406 · DLD and Ejari recordsUpdated 2 June 2025
Last soldAED 1.19M14 September 2015
Current rentAED 95K /yr2 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Safi Apartments 2A

What is 406 worth today?

Last sold for AED 1,186,888 in 2015

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2 Jun 2025RentedRenewal
AED 94,800/yr12 months · AED 68 per sqft
2 Jun 2024RentedRenewal
AED 86,250/yr12 months · AED 62 per sqft
2 Jun 2023RentedNew contract
AED 78,750/yr12 months · AED 56 per sqft
3 Jun 2022RentedNew contract
AED 81,818/yr11 months · AED 58 per sqft
23 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 46 per sqft
23 Sep 2020RentedRenewal
AED 65,000/yr12 months · AED 46 per sqft
23 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
14 Sep 2015Sold by developerOff-plan
AED 1,186,888AED 843 per sqft

Source: Dubai Land Department. Updated 2 June 2025.

Key facts

Type
3-bed apartment
Size
1,408 sqft
Floor
4th of 7
Parking
P-80
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,500 /yr
Last sold
AED 1.19M · September 2015

About 406, Safi Apartments 2A

406 is a three-bedroom apartment of 1,408 sqft on the 4th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 14 September 2015 for AED 1,186,888, or AED 843 per sqft.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 2 June 2025, is AED 94,800 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 21,500 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical three-bed in Safi Apartments 2A
1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,185,888; 2017 AED 1,318,888; 2020 AED 1,064,888; 2021 AED 1,208,888; 2022 AED 1,100,000; 2024 AED 1,450,000; 2025 AED 1,620,000Sold by developer, September 2015: AED 1,186,888 (AED 843 per sqft)

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

Rents
Unit 406, each contractTypical three-bed in Safi Apartments 2A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 65,500; 2021 AED 70,000; 2022 AED 80,000; 2023 AED 85,000; 2024 AED 110,000; 2025 AED 118,000; 2026 AED 99,225New contract, September 2019: AED 70,000 a yearRenewal, September 2020: AED 65,000 a yearRenewal, September 2021: AED 65,000 a yearNew contract, June 2022: AED 81,818 a yearNew contract, June 2023: AED 78,750 a yearRenewal, June 2024: AED 86,250 a yearRenewal, June 2025: AED 94,800 a year

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 2A, and where 406 sits

All 38 3-beds →

Over the last 12 months three-beds sold for AED 1,780,000, around AED 1,254 per sqft, and rent for AED 92,345 to 130,000 a year. 406's AED 94,800 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Feb 20261,780,000
20 Jun 20251,620,000
24 Apr 20251,700,000
14 Apr 20251,500,000
1 3-bed sale 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 4th floor

All 153 units in Safi Apartments 2A
Value
4012-bedAED 829K · Sep 2015
4023-bedAED 1.19M · Sep 2015
4032-bedAED 791K · Oct 2015
404AED 1.05M · Nov 2025
4052-bedAED 1.03M · May 2024
4072-bedAED 700K · Jun 2022
4082-bedAED 799K · Sep 2015
1–7 of 22

406, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 14 September 2015 for AED 1,186,888, or AED 843 per sqft.
  • Rented since September 2019 on 7 Ejari contracts, from AED 70,000 to AED 94,800 a year.
  • At AED 94,800 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 21,500 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 2A sold for AED 1,780,000–1,780,000 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 2 June 2025.

Questions about 406, Safi Apartments 2A

What did unit 406 last sell for?

AED 1,186,888 on 14 September 2015, sold by the developer: AED 843 per sqft for 1,408 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 94,800 a year on the contract renewed on 2 June 2025. The previous contract, from June 2024, was AED 86,250; the unit has been rented since September 2019.

How big is unit 406?

1,408 sqft (130.8 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 406 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 2A sold for AED 1,780,000 to 1,780,000 in the last 12 months, around AED 1,254 per sqft.

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Mortgage on 406, Safi Apartments 2A

Starts from the last sale price (AED 1.19M, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,186,888
Deposit, UAE resident (20%)
AED 237,378
Deposit, non-resident (40%)
AED 474,755
Monthly over 25 years at 3.7%
AED 4,856

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →