2-bed · 881 sqftSafi Apartments 2A, Town Square · 3rd floor · completed 2018

307, Safi Apartments 2A

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 9 January 2025
Last soldAED 975K11 November 2024
Current rentAED 92K /yr9 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Safi Apartments 2A

What is 307 worth today?

Last sold for AED 975,000 in 2024

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9 Jan 2025RentedRenewal
AED 91,636/yr2 months · AED 104 per sqft
11 Nov 2024SoldReady
AED 975,000AED 1,106 per sqft
14 Feb 2024RentedNew contract
AED 56,481/yr11 months · AED 64 per sqft
14 Feb 2022RentedNew contract
AED 49,000/yr12 months · AED 56 per sqft
1 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
15 Sep 2020RentedNew contract
AED 44,000/yr6 months · AED 50 per sqft
15 Sep 2019RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft
29 Oct 2015Sold by developerOff-plan
AED 797,888AED 905 per sqft

Source: Dubai Land Department. Updated 9 January 2025.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
3rd of 7
Parking
G-96
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 975K · November 2024

About 307, Safi Apartments 2A

307 is a two-bedroom apartment of 881 sqft on the 3rd floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 11 November 2024 for AED 975,000, or AED 1,106 per sqft, 20% above the AED 923 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 9 January 2025, is AED 91,636 a year: a gross yield of 9.4% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical two-bed in Safi Apartments 2A
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 806,388; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 890,000; 2025 AED 1,100,000; 2026 AED 1,130,000Sold by developer, October 2015: AED 797,888 (AED 905 per sqft)Sold, November 2024: AED 975,000 (AED 1,106 per sqft)

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

Rents
Unit 307, each contractTypical two-bed in Safi Apartments 2A
50K75K100K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 65,100; 2025 AED 80,000; 2026 AED 80,000New contract, September 2019: AED 47,000 a yearNew contract, September 2020: AED 44,000 a yearNew contract, February 2021: AED 42,000 a yearNew contract, February 2022: AED 49,000 a yearNew contract, February 2024: AED 56,481 a yearRenewal, January 2025: AED 91,636 a year

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 2A, and where 307 sits

All 97 2-beds →

307 last sold in November 2024 at AED 1,106 per sqft, 20% above what two-beds in Safi Apartments 2A were fetching at the time (AED 923). Over the last 12 months two-beds sold for AED 1,050,000 to 1,425,000, around AED 1,174 per sqft, and rent for AED 55,000 to 110,000 a year. 307's AED 91,636 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,100,000
18 Aug 20261,130,000
10 Aug 202640,138
3 Jul 20261,050,000
10 2-bed sales 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 3rd floor

All 153 units in Safi Apartments 2A
Value
3012-bedAED 885K · May 2023
3023-bedAED 1.18M · Oct 2015
3032-bedAED 850K · Jul 2024
3042-bedAED 750K · Sep 2023
3052-bedAED 771K · Oct 2015
3063-bedAED 1.18M · Oct 2015
3082-bedAED 816K · Oct 2015
1–7 of 22

307, Safi Apartments 2A in numbers

  • Sold twice: first on 29 October 2015 for AED 797,888, last on 11 November 2024 for AED 975,000 (AED 1,106 per sqft).
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 47,000 to AED 42,000 in 2021 and recovered to AED 91,636 by January 2025.
  • At AED 91,636 a year the gross yield on the 2024 price is 9.4%, before a service charge of about AED 13,500 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,050,000–1,425,000 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 9 January 2025.

Questions about 307, Safi Apartments 2A

What did unit 307 last sell for?

AED 975,000 on 11 November 2024: AED 1,106 per sqft for 881 sqft. The unit has 2 registered sales; the first was AED 797,888 in October 2015.

What is the rent for unit 307?

AED 91,636 a year on the contract renewed on 9 January 2025. The previous contract, from February 2024, was AED 56,481; the unit has been rented since September 2019.

How big is unit 307?

881 sqft (81.8 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 307 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 2A sold for AED 1,050,000 to 1,425,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 307, Safi Apartments 2A

Starts from the last sale price (AED 975K, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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