1-bed · 686 sqftSafi Apartments 2A, Town Square · 2nd floor · completed 2018

209, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 613K15 September 2015
Current rentAED 41K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Safi Apartments 2A

What is 209 worth today?

Last sold for AED 612,888 in 2015

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20 Feb 2024RentedRenewal
AED 41,140/yr12 months · AED 60 per sqft
20 Feb 2023RentedRenewal
AED 37,400/yr12 months · AED 54 per sqft
20 Feb 2022RentedNew contract
AED 34,000/yr12 months · AED 49 per sqft
10 Feb 2021RentedRenewal
AED 28,000/yr12 months · AED 41 per sqft
10 Feb 2020RentedNew contract
AED 36,000/yr12 months · AED 52 per sqft
15 Sep 2015Sold by developerOff-plan
AED 612,888AED 893 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
1-bed apartment
Size
686 sqft
Floor
2nd of 7
Parking
G-112
Developer
Nshmi Development
Completed
2018
Service charge
AED 10,500 /yr
Last sold
AED 613K · September 2015

About 209, Safi Apartments 2A

209 is a one-bedroom apartment of 686 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 15 September 2015 for AED 612,888, or AED 893 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 41,140 a year: a gross yield of 6.7% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 209 over time

Rents
Unit 209, each contractTypical one-bed in Safi Apartments 2A
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 35,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 44,500; 2024 AED 46,691; 2025 AED 56,000; 2026 AED 57,000New contract, February 2020: AED 36,000 a yearRenewal, February 2021: AED 28,000 a yearNew contract, February 2022: AED 34,000 a yearRenewal, February 2023: AED 37,400 a yearRenewal, February 2024: AED 41,140 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 2A, and where 209 sits

All 17 1-beds →

Over the last 12 months one-beds sold for AED 760,000, around AED 1,209 per sqft, and rent for AED 44,906 to 65,000 a year. 209's AED 41,140 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026760,000
17 Feb 2025820,000
6 Nov 2023620,000
12 Jun 2023565,000
1 1-bed sale in the last 12 months

Safi Apartments 2A

Building

153 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%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 2nd floor

All 153 units in Safi Apartments 2A
Value
2012-bedAED 780K · May 2023
2023-bedAED 1.09M · Sep 2020
2032-bedAED 776K · Sep 2015
2042-bedAED 779K · Oct 2015
2052-bedAED 771K · Oct 2015
2063-bedAED 1.29M · Sep 2017
2072-bedAED 825K · Feb 2024
1–7 of 21

209, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 15 September 2015 for AED 612,888, or AED 893 per sqft.
  • Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2021 and recovered to AED 41,140 by February 2024.
  • At AED 41,140 a year the gross yield on the 2015 price is 6.7%, before a service charge of about AED 10,500 a year (AED 15.28 per sqft).
  • One-beds in Safi Apartments 2A sold for AED 760,000–760,000 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 February 2024.

Questions about 209, Safi Apartments 2A

What did unit 209 last sell for?

AED 612,888 on 15 September 2015, sold by the developer: AED 893 per sqft for 686 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 41,140 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 37,400; the unit has been rented since February 2020.

How big is unit 209?

686 sqft (63.7 sqm): a one-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2018.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 2A sold for AED 760,000 to 760,000 in the last 12 months, around AED 1,209 per sqft.

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Mortgage on 209, Safi Apartments 2A

Starts from the last sale price (AED 613K, 15 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 612,888
Deposit, UAE resident (20%)
AED 122,578
Deposit, non-resident (40%)
AED 245,155
Monthly over 25 years at 3.7%
AED 2,508

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