409, Safi Apartments 2A
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 409, Safi Apartments 2A
What is 409 worth today?
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Source: Dubai Land Department. Updated 21 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 691 sqft
- Floor
- 4th of 7
- Parking
- G-190
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 10,600 /yr
- Last sold
- AED 605K · October 2015
- Building
- Safi Apartments 2A
About 409, Safi Apartments 2A
409 is a one-bedroom apartment of 691 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 12 October 2015 for AED 604,888, or AED 874 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 21 February 2025, is AED 46,585 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 10,600 a year.
Sales and rents for 409 over time
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 409 sits
All 17 1-beds →409 last sold in October 2015 at AED 874 per sqft, in line with what one-beds in Safi Apartments 2A were fetching at the time (AED 884).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202517 February 2025 | 692 sqft | 820,000 | 1,185 | ||
| 6 Nov 20236 November 2023 | 628 sqft | 620,000 | 987 | ||
| 12 Jun 202312 June 2023 | 628 sqft | 565,000 | 899 | ||
| 31 Oct 202231 October 2022 | 573 sqft | 520,000 | 907 |
Safi Apartments 2A
Building153 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%
Other units on the 4th floor
All 153 units in Safi Apartments 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 937 sqft | AED 829KAED 828,888 · Sep 2015September 2015 | 83,000 /yr | |
| 402 | 3-bed | 1,419 sqft | AED 1.19MAED 1,185,888 · Sep 2015September 2015 | 119,337 /yr | |
| 403 | 2-bed | 964 sqft | AED 791KAED 790,888 · Oct 2015October 2015 | 90,000 /yr | |
| 404 | 931 sqft | AED 1.05MAED 1,050,000 · Nov 2025November 2025 | 62,890 /yr | ||
| 405 | 2-bed | 882 sqft | AED 1.03MAED 1,025,000 · May 2024May 2024 | 80,000 /yr | |
| 406 | 3-bed | 1,408 sqft | AED 1.19MAED 1,186,888 · Sep 2015September 2015 | 94,800 /yr | |
| 407 | 2-bed | 881 sqft | AED 700KAED 700,000 · Jun 2022June 2022 | 45,000 /yr | |
| 408 | 2-bed | 883 sqft | AED 799KAED 798,888 · Sep 2015September 2015 | 85,000 /yr | |
| 410 | 1-bed | 692 sqft | AED 820KAED 820,000 · Feb 2025February 2025 | 65,000 /yr | |
| 411 | 2-bed | 883 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 60,016 /yr | |
| 412 | 2-bed | 881 sqft | AED 1.15MAED 1,150,000 · Jan 2025January 2025 | 50,000 /yr | |
| 413 | 3-bed | 1,408 sqft | AED 1.05MAED 1,050,000 · Mar 2024March 2024 | 98,000 /yr | |
| 414 | 2-bed | 882 sqft | AED 784KAED 783,888 · Feb 2016February 2016 | 80,000 /yr | |
| 415 | 2-bed | 931 sqft | AED 746KAED 745,888 · Apr 2018April 2018 | ||
| 416 | 2-bed | 964 sqft | AED 791KAED 790,888 · Oct 2016October 2016 | 80,000 /yr | |
| 417 | 3-bed | 1,419 sqft | AED 1.19MAED 1,185,888 · Oct 2015October 2015 | 120,000 /yr | |
| 418 | 2-bed | 937 sqft | AED 790KAED 790,000 · Jul 2022July 2022 | 85,000 /yr | |
| 419 | 1-bed | 573 sqft | AED 600KAED 599,888 · Oct 2015October 2015 | 56,000 /yr | |
| 420 | 2-bed | 977 sqft | AED 816KAED 815,888 · Oct 2015October 2015 | 80,000 /yr | |
| 421 | 2-bed | 1,040 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 66,150 /yr | |
| 422 | 2-bed | 905 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 82,000 /yr | |
| 423 | 3-bed | 1,340 sqft | AED 1.33MAED 1,330,000 · Feb 2024February 2024 | 110,000 /yr |
409, Safi Apartments 2A in numbers
- Sold once: by Nshmi Development on 12 October 2015 for AED 604,888, or AED 874 per sqft.
- Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 38,000 to AED 33,000 in 2020 and recovered to AED 46,585 by February 2025.
- At AED 46,585 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 10,600 a year (AED 15.28 per sqft).
Source: Dubai Land Department. Updated 21 February 2025.
Questions about 409, Safi Apartments 2A
What did unit 409 last sell for?
AED 604,888 on 12 October 2015, sold by the developer: AED 874 per sqft for 691 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 46,585 a year on the contract renewed on 21 February 2025. The previous contract, from February 2024, was AED 42,350; the unit has been rented since September 2019.
How big is unit 409?
691 sqft (64.2 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 409, Safi Apartments 2A
Starts from the last sale price (AED 605K, 12 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 604,888
- Deposit, UAE resident (20%)
- AED 120,978
- Deposit, non-resident (40%)
- AED 241,955
- Monthly over 25 years at 3.7%
- AED 2,475
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →