2-bed · 882 sqftSafi Apartments 2A, Town Square · 4th floor · completed 2018

414, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 5 May 2025
Last soldAED 784K21 February 2016
Current rentAED 80K /yr5 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 414, Safi Apartments 2A

What is 414 worth today?

Last sold for AED 783,888 in 2016

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5 May 2025RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
5 May 2024RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
5 Dec 2023RentedRenewal
AED 49,500/yr6 months · AED 56 per sqft
5 Dec 2022RentedRenewal
AED 22,500/yr12 months · AED 26 per sqft
5 Jun 2022RentedRenewal
AED 45,000/yr6 months · AED 51 per sqft
5 Jun 2021RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
1 Oct 2020RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
1 Oct 2019RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 5 May 2025.

Key facts

Type
2-bed apartment
Size
882 sqft
Floor
4th of 7
Parking
G-60
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 784K · February 2016

About 414, Safi Apartments 2A

414 is a two-bedroom apartment of 882 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 21 February 2016 for AED 783,888, or AED 888 per sqft, in line with the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 5 May 2025, is AED 80,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 13,500 a year.

Sales and rents for 414 over time

Sales
Unit 414, 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, February 2016: AED 783,888 (AED 888 per sqft)

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

Rents
Unit 414, each contractTypical two-bed in Safi Apartments 2A
50K20192021202320252027Typical 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, October 2019: AED 50,000 a yearRenewal, October 2020: AED 50,000 a yearNew contract, June 2021: AED 42,000 a yearRenewal, June 2022: AED 45,000 a yearRenewal, December 2022: AED 22,500 a yearRenewal, December 2023: AED 49,500 a yearNew contract, May 2024: AED 80,000 a yearRenewal, May 2025: AED 80,000 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 414 sits

All 93 2-beds →

414 last sold in February 2016 at AED 888 per sqft, in line with 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. 414's AED 80,000 is in the upper 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 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

414, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 21 February 2016 for AED 783,888, or AED 888 per sqft.
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 22,500 in 2022 and recovered to AED 80,000 by May 2025.
  • At AED 80,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 13,500 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 5 May 2025.

Questions about 414, Safi Apartments 2A

What did unit 414 last sell for?

AED 783,888 on 21 February 2016, sold by the developer: AED 888 per sqft for 882 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 80,000 a year on the contract renewed on 5 May 2025. The previous contract, from May 2024, was AED 80,000; the unit has been rented since October 2019.

How big is unit 414?

882 sqft (81.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 414 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 414, Safi Apartments 2A

Starts from the last sale price (AED 784K, 21 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 783,888
Deposit, UAE resident (20%)
AED 156,778
Deposit, non-resident (40%)
AED 313,555
Monthly over 25 years at 3.7%
AED 3,207

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