3-bed · 1,418 sqftSafi Apartments 2B, Town Square · 3rd floor · completed 2018

302, Safi Apartments 2B

Sold prices and rental history: sold twice, last in September 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 11 September 2023
Last soldAED 1.35M11 September 2023
Current rentAED 70K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Safi Apartments 2B

What is 302 worth today?

Last sold for AED 1,350,000 in 2023

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11 Sep 2023SoldReady
AED 1,350,000AED 951 per sqft
1 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 49 per sqft
1 Aug 2019RentedNew contract
AED 75,000/yr12 months · AED 53 per sqft
28 Oct 2015Sold by developerOff-plan
AED 1,212,888AED 855 per sqft

Source: Dubai Land Department. Updated 11 September 2023.

Key facts

Type
3-bed apartment
Size
1,418 sqft
Floor
3rd of 7
Parking
P-186
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.35M · September 2023

About 302, Safi Apartments 2B

302 is a three-bedroom apartment of 1,418 sqft on the 3rd floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 11 September 2023 for AED 1,350,000, or AED 951 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 August 2020, is AED 70,000 a year: a gross yield of 5.2% on the 2023 price.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical three-bed in Safi Apartments 2B
1.2M1.4M1.6M2015201820212024Typical sale price by year: 2015 AED 1,177,888; 2017 AED 1,592,888; 2024 AED 1,300,000Sold by developer, October 2015: AED 1,212,888 (AED 855 per sqft)Sold, September 2023: AED 1,350,000 (AED 951 per sqft)

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

Rents
Unit 302, each contractTypical three-bed in Safi Apartments 2B
60K80K100K2019202120232025Typical rent by year: 2019 AED 72,000; 2020 AED 66,500; 2021 AED 68,000; 2022 AED 73,985; 2023 AED 78,325; 2024 AED 86,250; 2025 AED 107,500New contract, August 2019: AED 75,000 a yearRenewal, August 2020: AED 70,000 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 2B, and where 302 sits

All 22 3-beds →

Over the last 12 months three-beds sold for AED 1,650,000, around AED 1,168 per sqft, and rent for AED 100,000 to 120,000 a year. 302's AED 70,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Jun 20251,860,000
16 Dec 20241,250,000
2 Oct 20241,300,000
24 Sep 20241,500,000
1 3-bed sale in the last 12 months

Safi Apartments 2B

Building

89 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 2 sold in the last 12 months.

Typical price per sqft
AED 1,248
Typical sale
AED 1.25M
Typical rent
AED 77K /yr
Typical yield
6.2%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 3rd floor

All 89 units in Safi Apartments 2B
Value
3012-bedAED 848K · Oct 2015
303AED 840K · Nov 2025
3041-bedAED 564K · Oct 2015
3051-bedAED 267K · Jun 2025
306StudioAED 490K · Mar 2025
3071-bedAED 500K · Jun 2025
3083-bedAED 1.5M · Sep 2024
1–7 of 13

302, Safi Apartments 2B in numbers

  • Sold twice: first on 28 October 2015 for AED 1,212,888, last on 11 September 2023 for AED 1,350,000 (AED 951 per sqft).
  • Rented since August 2019 on 2 Ejari contracts, from AED 75,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 5.2%.
  • Three-beds in Safi Apartments 2B sold for AED 1,650,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,248 per sqft.

Source: Dubai Land Department. Updated 11 September 2023.

Questions about 302, Safi Apartments 2B

What did unit 302 last sell for?

AED 1,350,000 on 11 September 2023: AED 951 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 1,212,888 in October 2015.

What is the rent for unit 302?

AED 70,000 a year on the contract renewed on 1 August 2020. The previous contract, from August 2019, was AED 75,000.

How big is unit 302?

1,418 sqft (131.7 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 302 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 2B sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,168 per sqft.

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Mortgage on 302, Safi Apartments 2B

Starts from the last sale price (AED 1.35M, 11 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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