406, Safi Apartments 2B
Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Safi Apartments 2B
What is 406 worth today?
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Source: Dubai Land Department. Updated 8 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 320 sqft
- Floor
- 4th of 7
- Parking
- G-109
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 500K · July 2025
- Building
- Safi Apartments 2B
About 406, Safi Apartments 2B
406 is a studio of 320 sqft on the 4th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 30 July 2025 for AED 500,000, or AED 1,564 per sqft, 10% above the AED 1,423 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 8 September 2025, is AED 38,502 a year: a gross yield of 7.7% on the 2025 price.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safi Apartments 2B, and where 406 sits
All 8 studios →406 last sold in July 2025 at AED 1,564 per sqft, 10% above what studios in Safi Apartments 2B were fetching at the time (AED 1,423).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 May 202529 May 2025 | 320 sqft | 400,000 | 1,251 | ||
| 27 Mar 202527 March 2025 | 320 sqft | 490,000 | 1,532 | ||
| 24 Jul 201624 July 2016 | 320 sqft | 412,888 | 1,291 | ||
| 2 Jun 20162 June 2016 | 320 sqft | 399,888 | 1,250 |
Safi Apartments 2B
Building89 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%
Other units on the 4th floor
All 89 units in Safi Apartments 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 928 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 64,000 /yr | |
| 402 | 3-bed | 1,418 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 112,000 /yr | |
| 403 | 1-bed | 633 sqft | AED 591KAED 590,888 · Oct 2015October 2015 | 41,658 /yr | |
| 404 | 1-bed | 614 sqft | AED 577KAED 576,888 · Oct 2015October 2015 | 41,658 /yr | |
| 405 | 1-bed | 673 sqft | AED 603KAED 602,888 · Oct 2015October 2015 | 41,658 /yr | |
| 407 | 1-bed | 596 sqft | AED 570KAED 569,888 · Oct 2015October 2015 | 41,658 /yr | |
| 408 | 3-bed | 1,408 sqft | AED 1.25MAED 1,250,000 · Dec 2024December 2024 | 86,250 /yr | |
| 409 | 2-bed | 973 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 85,000 /yr | |
| 410 | 2-bed | 894 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 54,285 /yr | |
| 411 | 3-bed | 1,360 sqft | AED 1.5MAED 1,500,000 · Jul 2024July 2024 | 83,680 /yr | |
| 412 | 2-bed | 1,076 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | 63,525 /yr | |
| 413 | 2-bed | 903 sqft | AED 810KAED 810,000 · Oct 2024October 2024 | 58,443 /yr | |
| 414 | 2-bed | 943 sqft | AED 830KAED 830,000 · Aug 2024August 2024 | 59,847 /yr |
406, Safi Apartments 2B in numbers
- Sold 3 times: first on 18 October 2015 for AED 393,888, last on 30 July 2025 for AED 500,000 (AED 1,564 per sqft).
- Rented since December 2019 on 8 Ejari contracts. The rent fell from AED 25,000 to AED 20,000 in 2021 and recovered to AED 38,502 by September 2025.
- At AED 38,502 a year the gross yield on the 2025 price is 7.7%.
Source: Dubai Land Department. Updated 8 September 2025.
Questions about 406, Safi Apartments 2B
What did unit 406 last sell for?
AED 500,000 on 30 July 2025: AED 1,564 per sqft for 320 sqft. The unit has 3 registered sales; the first was AED 393,888 in October 2015.
What is the rent for unit 406?
AED 38,502 a year on the contract signed on 8 September 2025. The previous contract, from May 2025, was AED 35,199; the unit has been rented since December 2019.
How big is unit 406?
320 sqft (29.7 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.
What is unit 406 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 406, Safi Apartments 2B
Starts from the last sale price (AED 500K, 30 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →