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

413, Safi Apartments 2A

Sold prices and rental history: sold 3 times, last in March 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 1.05M18 March 2024
Current rentAED 98K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Safi Apartments 2A

What is 413 worth today?

Last sold for AED 1,050,000 in 2024

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18 Mar 2024SoldReady
AED 1,050,000AED 745 per sqft
15 Mar 2024RentedRenewal
AED 98,000/yr12 months · AED 69 per sqft
15 Mar 2023RentedNew contract
AED 98,000/yr12 months · AED 69 per sqft
29 Dec 2022SoldReady
AED 1,160,000AED 823 per sqft
10 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
11 Sep 2017Sold by developerOff-plan
AED 1,307,888AED 928 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
3-bed apartment
Size
1,408 sqft
Floor
4th of 7
Parking
P-95
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,500 /yr
Last sold
AED 1.05M · March 2024

About 413, Safi Apartments 2A

413 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. It last sold on 18 March 2024 for AED 1,050,000, or AED 745 per sqft, 20% below the AED 937 three-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 98,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 21,500 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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 2017: AED 1,307,888 (AED 928 per sqft)Sold, December 2022: AED 1,160,000 (AED 823 per sqft)Sold, March 2024: AED 1,050,000 (AED 745 per sqft)

413 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 413, 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, July 2019: AED 70,000 a yearNew contract, March 2023: AED 98,000 a yearRenewal, March 2024: AED 98,000 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 413 sits

All 38 3-beds →

413 last sold in March 2024 at AED 745 per sqft, 20% below what three-beds in Safi Apartments 2A were fetching at the time (AED 937). 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. 413's AED 98,000 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
4063-bedAED 1.19M · Sep 2015
4072-bedAED 700K · Jun 2022
1–7 of 22

413, Safi Apartments 2A in numbers

  • Sold 3 times: first on 11 September 2017 for AED 1,307,888, last on 18 March 2024 for AED 1,050,000 (AED 745 per sqft).
  • Rented since July 2019 on 3 Ejari contracts, from AED 70,000 to AED 98,000 a year.
  • At AED 98,000 a year the gross yield on the 2024 price is 9.3%, 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 18 March 2024.

Questions about 413, Safi Apartments 2A

What did unit 413 last sell for?

AED 1,050,000 on 18 March 2024: AED 745 per sqft for 1,408 sqft. The unit has 3 registered sales; the first was AED 1,307,888 in September 2017.

What is the rent for unit 413?

AED 98,000 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 98,000; the unit has been rented since July 2019.

How big is unit 413?

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 413 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 413, Safi Apartments 2A

Starts from the last sale price (AED 1.05M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus AED 49,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →