2-bed · 937 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

501, Safi Apartments 2A

Sold prices and rental history: sold twice, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 17 November 2021
Last soldAED 650K17 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Safi Apartments 2A

What is 501 worth today?

Last sold for AED 650,000 in 2021

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17 Nov 2021SoldReady
AED 650,000AED 693 per sqft
25 Oct 2015Sold by developerOff-plan
AED 833,888AED 890 per sqft

Source: Dubai Land Department. Updated 17 November 2021.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
5th of 7
Parking
P-112
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 650K · November 2021

About 501, Safi Apartments 2A

501 is a two-bedroom apartment of 937 sqft on the 5th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 17 November 2021 for AED 650,000, or AED 693 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Safi Apartments 2A
750K1M20152018202120242027Typical 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, October 2015: AED 833,888 (AED 890 per sqft)Sold, November 2021: AED 650,000 (AED 693 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Safi Apartments 2A
40K60K80K20192021202320252027Typical 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 81,000

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 501 sits

All 93 2-beds →

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.

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
6.7%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 5th floor

All 153 units in Safi Apartments 2A
Value
5023-bedAED 1.65M · Apr 2025
5032-bedAED 791K · Sep 2015
5042-bedAED 799K · Oct 2015
5052-bedAED 644K · Sep 2022
5063-bedAED 1.24M · Jul 2016
5072-bedAED 910K · Mar 2024
5082-bedAED 804K · Oct 2015
1–7 of 22

501, Safi Apartments 2A in numbers

  • Sold twice: first on 25 October 2015 for AED 833,888, last on 17 November 2021 for AED 650,000 (AED 693 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 17 November 2021.

Questions about 501, Safi Apartments 2A

What did unit 501 last sell for?

AED 650,000 on 17 November 2021: AED 693 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 833,888 in October 2015.

How big is unit 501?

937 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 501 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 501, Safi Apartments 2A

Starts from the last sale price (AED 650K, 17 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →