2-bed · 943 sqftSafi Apartments 2B, Town Square · 3rd floor · completed 2018

314, Safi Apartments 2B

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

Unit 314 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 1.05M9 September 2024
Current rentAED 56K /yr9 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, Safi Apartments 2B

What is 314 worth today?

Last sold for AED 1,050,000 in 2024

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9 Sep 2024SoldReady
AED 1,050,000AED 1,113 per sqft
9 Oct 2023RentedRenewal
AED 55,552/yr7 months · AED 59 per sqft
9 Oct 2021RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
10 Sep 2020RentedRenewal
AED 48,000/yr12 months · AED 51 per sqft
10 Sep 2019RentedNew contract
AED 53,000/yr12 months · AED 56 per sqft
28 Oct 2015Sold by developerOff-plan
AED 850,888AED 902 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
2-bed apartment
Size
943 sqft
Floor
3rd of 7
Parking
P-169
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.05M · September 2024

About 314, Safi Apartments 2B

314 is a two-bedroom apartment of 943 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 9 September 2024 for AED 1,050,000, or AED 1,113 per sqft, 28% above the AED 872 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 9 October 2023, is AED 55,552 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical two-bed in Safi Apartments 2B
800K1M2015201820212024Typical sale price by year: 2015 AED 849,388; 2016 AED 834,388; 2020 AED 794,888; 2023 AED 800,000; 2024 AED 850,000; 2025 AED 1,100,000Sold by developer, October 2015: AED 850,888 (AED 902 per sqft)Sold, September 2024: AED 1,050,000 (AED 1,113 per sqft)

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

Rents
Unit 314, each contractTypical two-bed in Safi Apartments 2B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 55,276; 2024 AED 62,500; 2025 AED 69,703; 2026 AED 78,250New contract, September 2019: AED 53,000 a yearRenewal, September 2020: AED 48,000 a yearNew contract, October 2021: AED 48,000 a yearRenewal, October 2023: AED 55,552 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 2B, and where 314 sits

All 39 2-beds →

314 last sold in September 2024 at AED 1,113 per sqft, 28% above what two-beds in Safi Apartments 2B were fetching at the time (AED 872). 314's AED 55,552 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 May 20251,170,000
29 Apr 20251,075,000
22 Apr 20251,100,000
24 Mar 20251,100,000
0 2-bed sales 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
3041-bedAED 564K · Oct 2015
3051-bedAED 267K · Jun 2025
306StudioAED 490K · Mar 2025
3071-bedAED 500K · Jun 2025
1–7 of 13

314, Safi Apartments 2B in numbers

  • Sold twice: first on 28 October 2015 for AED 850,888, last on 9 September 2024 for AED 1,050,000 (AED 1,113 per sqft).
  • Rented since September 2019 on 4 Ejari contracts, from AED 53,000 to AED 55,552 a year.
  • At AED 55,552 a year the gross yield on the 2024 price is 5.3%.

Source: Dubai Land Department. Updated 9 September 2024.

Questions about 314, Safi Apartments 2B

What did unit 314 last sell for?

AED 1,050,000 on 9 September 2024: AED 1,113 per sqft for 943 sqft. The unit has 2 registered sales; the first was AED 850,888 in October 2015.

What is the rent for unit 314?

AED 55,552 a year on the contract renewed on 9 October 2023. The previous contract, from October 2021, was AED 48,000; the unit has been rented since September 2019.

How big is unit 314?

943 sqft (87.6 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 314, Safi Apartments 2B

Starts from the last sale price (AED 1.05M, 9 September 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →