202, Safi Apartments 2A
Sold prices and rental history: sold once, by the developer in September 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, Safi Apartments 2A
What is 202 worth today?
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Source: Dubai Land Department. Updated 20 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,419 sqft
- Floor
- 2nd of 7
- Parking
- P-85
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 21,700 /yr
- Last sold
- AED 1.09M · September 2020
- Building
- Safi Apartments 2A
About 202, Safi Apartments 2A
202 is a three-bedroom apartment of 1,419 sqft on the 2nd floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 22 September 2020 for AED 1,088,888, or AED 767 per sqft, 11% above the AED 694 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 89,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 21,700 a year.
Sales and rents for 202 over time
202 has sold once; 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 2A, and where 202 sits
All 39 3-beds →202 last sold in September 2020 at AED 767 per sqft, 11% above what three-beds in Safi Apartments 2A were fetching at the time (AED 694). Over the last 12 months three-beds sold for AED 1,770,000 to 1,910,000, around AED 1,333 per sqft, and rent for AED 92,345 to 130,000 a year. 202's AED 89,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,340 sqft | 1,770,000 | 1,320 | ||
| 27 Apr 202627 April 2026 | 1,412 sqft | 1,900,000 | 1,345 | ||
| 6 Apr 20266 April 2026 | 1,388 sqft | 1,910,000 | 1,376 | ||
| 5 Feb 20265 February 2026 | 1,419 sqft | 1,780,000 | 1,254 |
Safi Apartments 2A
Building153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,251 Up 6.6%
- Typical sale
- AED 1.15M
- Typical rent
- AED 81K /yr
- Typical yield
- 6.8%
Other units on the 2nd floor
All 153 units in Safi Apartments 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 937 sqft | AED 780KAED 780,000 · May 2023May 2023 | 90,000 /yr | |
| 203 | 2-bed | 963 sqft | AED 776KAED 775,888 · Sep 2015September 2015 | 85,000 /yr | |
| 204 | 2-bed | 931 sqft | AED 779KAED 778,888 · Oct 2015October 2015 | 75,000 /yr | |
| 205 | 2-bed | 882 sqft | AED 771KAED 770,888 · Oct 2015October 2015 | 85,000 /yr | |
| 206 | 3-bed | 1,408 sqft | AED 1.29MAED 1,292,888 · Sep 2017September 2017 | ||
| 207 | 2-bed | 881 sqft | AED 825KAED 825,000 · Feb 2024February 2024 | 75,000 /yr | |
| 208 | 2-bed | 1,045 sqft | AED 900KAED 899,888 · Oct 2015October 2015 | 90,000 /yr | |
| 209 | 1-bed | 686 sqft | AED 613KAED 612,888 · Sep 2015September 2015 | 41,140 /yr | |
| 210 | 1-bed | 686 sqft | AED 614KAED 613,888 · Oct 2015October 2015 | 65,000 /yr | |
| 211 | 2-bed | 1,045 sqft | AED 900KAED 899,888 · Oct 2015October 2015 | 75,000 /yr | |
| 212 | 2-bed | 881 sqft | AED 781KAED 780,888 · Jun 2020June 2020 | 80,000 /yr | |
| 213 | 3-bed | 1,408 sqft | AED 1MAED 1,000,888 · Aug 2020August 2020 | ||
| 214 | 2-bed | 882 sqft | AED 700KAED 699,988 · Oct 2015October 2015 | 68,000 /yr | |
| 215 | 2-bed | 931 sqft | AED 741KAED 740,888 · Oct 2015October 2015 | 76,000 /yr | |
| 216 | 2-bed | 964 sqft | AED 720KAED 720,000 · Aug 2023August 2023 | 65,000 /yr | |
| 217 | 3-bed | 1,419 sqft | AED 1.17MAED 1,171,888 · Oct 2015October 2015 | 92,345 /yr | |
| 218 | 2-bed | 937 sqft | AED 819KAED 818,888 · Oct 2015October 2015 | 82,000 /yr | |
| 219 | 3-bed | 1,340 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 | 120,000 /yr | |
| 220 | 2-bed | 886 sqft | AED 825KAED 825,000 · Oct 2024October 2024 | 56,925 /yr | |
| 221 | 2-bed | 904 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 49,618 /yr | |
| 222 | 3-bed | 1,340 sqft | AED 1.06MAED 1,060,000 · Nov 2022November 2022 |
202, Safi Apartments 2A in numbers
- Sold once: by Nshmi Development on 22 September 2020 for AED 1,088,888, or AED 767 per sqft.
- Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2021 and recovered to AED 89,000 by September 2024.
- At AED 89,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 21,700 a year (AED 15.28 per sqft).
- Three-beds in Safi Apartments 2A sold for AED 1,770,000–1,910,000 in the 12 months to November 2026; the building's median across all types is AED 1,251 per sqft.
Source: Dubai Land Department. Updated 20 September 2024.
Questions about 202, Safi Apartments 2A
What did unit 202 last sell for?
AED 1,088,888 on 22 September 2020, sold by the developer: AED 767 per sqft for 1,419 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 89,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 84,000; the unit has been rented since March 2020.
How big is unit 202?
1,419 sqft (131.8 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.
What is unit 202 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 2A sold for AED 1,770,000 to 1,910,000 in the last 12 months, around AED 1,333 per sqft.
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Mortgage on 202, Safi Apartments 2A
Starts from the last sale price (AED 1.09M, 22 September 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,088,888
- Deposit, UAE resident (20%)
- AED 217,778
- Deposit, non-resident (40%)
- AED 435,555
- Monthly over 25 years at 3.7%
- AED 4,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →