502, Safi Apartments 2B
Sold prices and rental history: sold twice, last in August 2024, 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 502, Safi Apartments 2B
What is 502 worth today?
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Source: Dubai Land Department. Updated 26 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,418 sqft
- Floor
- 5th of 7
- Parking
- P-162
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.3M · August 2024
- Building
- Safi Apartments 2B
About 502, Safi Apartments 2B
502 is a three-bedroom apartment of 1,418 sqft on the 5th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 20 August 2024 for AED 1,300,000, or AED 916 per sqft, in line with the AED 917 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 26 October 2025, is AED 120,000 a year: a gross yield of 9.2% on the 2024 price.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the three-bed median of each year in the building.
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 502 sits
All 22 3-beds →502 last sold in August 2024 at AED 916 per sqft, in line with what three-beds in Safi Apartments 2B were fetching at the time (AED 917). 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. 502's AED 120,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 2,257 sqft | 1,860,000 | 824 | ||
| 16 Dec 202416 December 2024 | 1,408 sqft | 1,250,000 | 887 | ||
| 2 Oct 20242 October 2024 | 1,418 sqft | 1,300,000 | 916 | ||
| 24 Sep 202424 September 2024 | 1,413 sqft | 1,500,000 | 1,061 |
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 5th floor
All 89 units in Safi Apartments 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 929 sqft | AED 820KAED 820,000 · Dec 2024December 2024 | 85,000 /yr | |
| 503 | 1-bed | 633 sqft | AED 591KAED 590,888 · Oct 2015October 2015 | 34,500 /yr | |
| 504 | 1-bed | 614 sqft | AED 578KAED 577,888 · Oct 2015October 2015 | 41,658 /yr | |
| 505 | 1-bed | 673 sqft | AED 603KAED 602,888 · Oct 2015October 2015 | 41,658 /yr | |
| 506 | Studio | 320 sqft | AED 400KAED 400,000 · May 2025May 2025 | 38,000 /yr | |
| 507 | 1-bed | 596 sqft | AED 571KAED 570,888 · Oct 2015October 2015 | 41,658 /yr | |
| 508 | 3-bed | 1,408 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | 110,000 /yr | |
| 509 | 2-bed | 973 sqft | AED 840KAED 840,000 · Sep 2024September 2024 | 59,225 /yr | |
| 510 | 2-bed | 894 sqft | AED 800KAED 800,000 · Sep 2024September 2024 | 55,650 /yr | |
| 511 | 3-bed | 1,361 sqft | AED 1.25MAED 1,250,000 · Aug 2024August 2024 | 95,700 /yr | |
| 512 | 2-bed | 1,076 sqft | AED 1.08MAED 1,075,000 · Apr 2025April 2025 | 71,155 /yr | |
| 513 | 2-bed | 904 sqft | AED 810KAED 810,000 · Sep 2024September 2024 | 62,500 /yr | |
| 514 | 2-bed | 943 sqft | AED 850KAED 850,000 · Oct 2024October 2024 | 85,000 /yr |
502, Safi Apartments 2B in numbers
- Sold twice: first on 18 October 2015 for AED 1,234,888, last on 20 August 2024 for AED 1,300,000 (AED 916 per sqft).
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 67,000 in 2020 and recovered to AED 120,000 by October 2025.
- At AED 120,000 a year the gross yield on the 2024 price is 9.2%.
- 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 26 October 2025.
Questions about 502, Safi Apartments 2B
What did unit 502 last sell for?
AED 1,300,000 on 20 August 2024: AED 916 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 1,234,888 in October 2015.
What is the rent for unit 502?
AED 120,000 a year on the contract signed on 26 October 2025. The previous contract, from October 2024, was AED 84,950; the unit has been rented since October 2019.
How big is unit 502?
1,418 sqft (131.7 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 502 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 502, Safi Apartments 2B
Starts from the last sale price (AED 1.3M, 20 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,300,000
- Deposit, UAE resident (20%)
- AED 260,000
- Deposit, non-resident (40%)
- AED 520,000
- Monthly over 25 years at 3.7%
- AED 5,319
Plus AED 59,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →