1-bed · 614 sqftSafi Apartments 2B, Town Square · 3rd floor · completed 2018

304, Safi Apartments 2B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 3 January 2025
Last soldAED 564K28 October 2015
Current rentAED 68K /yr3 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Safi Apartments 2B

What is 304 worth today?

Last sold for AED 563,888 in 2015

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3 Jan 2025RentedRenewal
AED 68,000/yr12 months · AED 109 per sqft
3 Jan 2024RentedNew contract
AED 65,000/yr12 months · AED 104 per sqft
7 Jan 2021RentedRenewal
AED 38,000/yr12 months · AED 61 per sqft
7 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 61 per sqft
28 Oct 2015Sold by developerOff-plan
AED 563,888AED 918 per sqft

Source: Dubai Land Department. Updated 3 January 2025.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
3rd of 7
Parking
G-140
Developer
Nshmi Development
Completed
2018
Last sold
AED 564K · October 2015

About 304, Safi Apartments 2B

304 is a one-bedroom apartment of 614 sqft on the 3rd floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 28 October 2015 for AED 563,888, or AED 918 per sqft, in line with the AED 933 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 3 January 2025, is AED 68,000 a year: a gross yield of 12.1% on the 2015 price.

Sales and rents for 304 over time

Rents
Unit 304, each contractTypical one-bed in Safi Apartments 2B
40K60K2019202120232025Typical rent by year: 2019 AED 35,000; 2020 AED 27,500; 2021 AED 30,000; 2022 AED 34,500; 2023 AED 34,500; 2024 AED 42,997; 2025 AED 43,643New contract, January 2020: AED 38,000 a yearRenewal, January 2021: AED 38,000 a yearNew contract, January 2024: AED 65,000 a yearRenewal, January 2025: AED 68,000 a year

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 2B, and where 304 sits

All 18 1-beds →

304 last sold in October 2015 at AED 918 per sqft, in line with what one-beds in Safi Apartments 2B were fetching at the time (AED 933). Over the last 12 months one-beds sold for AED 840,000, around AED 1,327 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jun 2025266,667
23 Jun 2025500,000
4 Jul 2024675,000
6 Apr 2024500,000
1 1-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
3023-bedAED 1.35M · Sep 2023
303AED 840K · Nov 2025
3051-bedAED 267K · Jun 2025
306StudioAED 490K · Mar 2025
3071-bedAED 500K · Jun 2025
3083-bedAED 1.5M · Sep 2024
1–7 of 13

304, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 28 October 2015 for AED 563,888, or AED 918 per sqft.
  • Rented since January 2020 on 4 Ejari contracts, from AED 38,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2015 price is 12.1%.
  • One-beds in Safi Apartments 2B sold for AED 840,000–840,000 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 3 January 2025.

Questions about 304, Safi Apartments 2B

What did unit 304 last sell for?

AED 563,888 on 28 October 2015, sold by the developer: AED 918 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 68,000 a year on the contract renewed on 3 January 2025. The previous contract, from January 2024, was AED 65,000; the unit has been rented since January 2020.

How big is unit 304?

614 sqft (57.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 2B sold for AED 840,000 to 840,000 in the last 12 months, around AED 1,327 per sqft.

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Mortgage on 304, Safi Apartments 2B

Starts from the last sale price (AED 564K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 563,888
Deposit, UAE resident (20%)
AED 112,778
Deposit, non-resident (40%)
AED 225,555
Monthly over 25 years at 3.7%
AED 2,307

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