2-bed · 964 sqftSafi Apartments 1A, Town Square · 2nd floor · completed 2018

216, Safi Apartments 1A

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

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Unit 216 · DLD and Ejari recordsUpdated 2 October 2023

Last soldAED 800K2 October 2023

Current rentAED 60K /yr10 February 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 216, Safi Apartments 1A

Today

What is 216 worth today?

Last sold for AED 800,000 in 2023

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2 Oct 2023

2 Oct 2023SoldReady

AED 800,000AED 829 per sqft

10 Feb 2023

10 Feb 2023RentedNew contract

AED 60,000/yr12 months · AED 62 per sqft

10 Nov 2021

10 Nov 2021RentedRenewal

AED 40,000/yr12 months · AED 41 per sqft

10 Nov 2020

10 Nov 2020RentedNew contract

AED 40,000/yr12 months · AED 41 per sqft

15 Aug 2019

15 Aug 2019RentedNew contract

AED 45,000/yr12 months · AED 46 per sqft

19 Oct 2015

19 Oct 2015Sold by developerOff-plan

AED 746,888AED 774 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type: 2-bed apartment
Size: 964 sqft
Floor: 2nd of 7
Parking: G-277
Developer: Nshmi Development
Completed: 2018
Service charge: AED 14,700 /yr
Last sold: AED 800K · October 2023
Building: Safi Apartments 1A

About 216, Safi Apartments 1A

216 is a two-bedroom apartment of 964 sqft on the 2nd floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 2 October 2023 for AED 800,000, or AED 829 per sqft, in line with the AED 835 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 February 2023, is AED 60,000 a year: a gross yield of 7.5% on the 2023 price, before the service charge of about AED 14,700 a year.

Sales and rents for 216 over time

Sales

Unit 216, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 216, each contractTypical two-bed in Safi Apartments 1A

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 1A, and where 216 sits

All 97 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,197 /sqft Safi Apartments 1A · all types1,217 /sqft

216 last sold in October 2023 at AED 829 per sqft, in line with what two-beds in Safi Apartments 1A were fetching at the time (AED 835). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 216's AED 60,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
3 Nov 20263 November 2026	883 sqft	1,075,000	1,217
26 Oct 202626 October 2026	937 sqft	1,175,000	1,254
10 Sep 202610 September 2026	1,002 sqft	1,200,000	1,197
3 Jun 20263 June 2026	928 sqft	1,025,000	1,104

13 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft: AED 1,217 Up 9.9%
Typical sale: AED 1.1M
Typical rent: AED 80K /yr
Typical yield: 7.1%

Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 156 units in Safi Apartments 1A


201	2-bed	937 sqft	AED 780KAED 780,000 · Feb 2023February 2023	62,000 /yr
202	3-bed	1,419 sqft	AED 1.15MAED 1,148,888 · Jun 2016June 2016	115,000 /yr
203	2-bed	963 sqft	AED 732KAED 731,888 · Oct 2015October 2015	70,000 /yr
204	2-bed	931 sqft	AED 741KAED 740,888 · Oct 2015October 2015	80,000 /yr
205	2-bed	882 sqft	AED 835KAED 835,000 · Nov 2023November 2023	50,000 /yr
206	3-bed	1,408 sqft	AED 1.4MAED 1,400,888 · Jan 2018January 2018
207	2-bed	881 sqft	AED 788KAED 787,888 · Oct 2015October 2015
208	2-bed	1,045 sqft	AED 916KAED 915,888 · Oct 2018October 2018
209	1-bed	686 sqft	AED 500KAED 500,000 · Mar 2023March 2023	63,000 /yr
210	1-bed	686 sqft	AED 750KAED 750,000 · Nov 2025November 2025	40,103 /yr
211	2-bed	1,058 sqft	AED 1.1MAED 1,100,000 · Sep 2024September 2024	90,000 /yr
212	2-bed	881 sqft	AED 788KAED 787,888 · Oct 2015October 2015	80,000 /yr
213	3-bed	1,408 sqft	AED 1.4MAED 1,400,000 · Oct 2024October 2024	120,000 /yr
214	2-bed	882 sqft	AED 733KAED 732,888 · Oct 2015October 2015	76,000 /yr
215	2-bed	931 sqft	AED 751KAED 750,888 · Oct 2015October 2015	85,000 /yr
217	3-bed	1,419 sqft	AED 1.6MAED 1,600,000 · May 2025May 2025	85,000 /yr
218	2-bed	937 sqft	AED 740KAED 740,000 · Jan 2023January 2023	85,000 /yr
219	3-bed	1,340 sqft	AED 1.11MAED 1,111,888 · Jun 2015June 2015	100,000 /yr
220	2-bed	886 sqft	AED 795KAED 794,888 · Sep 2015September 2015	78,000 /yr
221	2-bed	904 sqft	AED 794KAED 793,888 · Aug 2015August 2015	75,000 /yr
222	3-bed	1,340 sqft	AED 1.02MAED 1,018,888 · Jun 2020June 2020	84,000 /yr

1–7 of 21

216, Safi Apartments 1A in numbers

Sold twice: first on 19 October 2015 for AED 746,888, last on 2 October 2023 for AED 800,000 (AED 829 per sqft).
Rented since August 2019 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2021 and recovered to AED 60,000 by February 2023.
At AED 60,000 a year the gross yield on the 2023 price is 7.5%, before a service charge of about AED 14,700 a year (AED 15.28 per sqft).
Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 2 October 2023.

Questions about 216, Safi Apartments 1A

What did unit 216 last sell for?

AED 800,000 on 2 October 2023: AED 829 per sqft for 964 sqft. The unit has 2 registered sales; the first was AED 746,888 in October 2015.

What is the rent for unit 216?

AED 60,000 a year on the contract signed on 10 February 2023. The previous contract, from November 2021, was AED 40,000; the unit has been rented since August 2019.

How big is unit 216?

964 sqft (89.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 216, Safi Apartments 1A

Starts from the last sale price (AED 800K, 2 October 2023). Switch to today's estimate once you have unlocked it.

Price: AED 800,000
Deposit, UAE resident (20%): AED 160,000
Deposit, non-resident (40%): AED 320,000
Monthly over 25 years at 3.7%: AED 3,273

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