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

312, Safi Apartments 2A

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

Unit 312 · DLD and Ejari recordsUpdated 13 August 2025
Last soldAED 700K27 January 2023
Current rentAED 75K /yr13 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Safi Apartments 2A

What is 312 worth today?

Last sold for AED 700,000 in 2023

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13 Aug 2025RentedNew contract
AED 75,000/yr12 months · AED 85 per sqft
1 Feb 2024RentedNew contract
AED 65,000/yr12 months · AED 74 per sqft
1 Feb 2023RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
27 Jan 2023SoldReady
AED 700,000AED 794 per sqft
10 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 43 per sqft
1 Oct 2019RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
19 Oct 2015Sold by developerOff-plan
AED 792,888AED 899 per sqft

Source: Dubai Land Department. Updated 13 August 2025.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
3rd of 7
Parking
G-90
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 700K · January 2023

About 312, Safi Apartments 2A

312 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 27 January 2023 for AED 700,000, or AED 794 per sqft, in line with the AED 794 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 13 August 2025, is AED 75,000 a year: a gross yield of 10.7% on the 2023 price, before the service charge of about AED 13,500 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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 792,888 (AED 899 per sqft)Sold, January 2023: AED 700,000 (AED 794 per sqft)

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

Rents
Unit 312, each contractTypical two-bed in Safi Apartments 2A
40K60K80K20192021202320252027Typical 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, October 2019: AED 48,000 a yearNew contract, September 2020: AED 38,000 a yearNew contract, February 2023: AED 60,000 a yearNew contract, February 2024: AED 65,000 a yearNew contract, August 2025: AED 75,000 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 312 sits

All 97 2-beds →

312 last sold in January 2023 at AED 794 per sqft, in line with what two-beds in Safi Apartments 2A were fetching at the time (AED 794). 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. 312's AED 75,000 is in the lower 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
3072-bedAED 975K · Nov 2024
1–7 of 22

312, Safi Apartments 2A in numbers

  • Sold twice: first on 19 October 2015 for AED 792,888, last on 27 January 2023 for AED 700,000 (AED 794 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 38,000 in 2020 and recovered to AED 75,000 by August 2025.
  • At AED 75,000 a year the gross yield on the 2023 price is 10.7%, 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 13 August 2025.

Questions about 312, Safi Apartments 2A

What did unit 312 last sell for?

AED 700,000 on 27 January 2023: AED 794 per sqft for 881 sqft. The unit has 2 registered sales; the first was AED 792,888 in October 2015.

What is the rent for unit 312?

AED 75,000 a year on the contract signed on 13 August 2025. The previous contract, from February 2024, was AED 65,000; the unit has been rented since October 2019.

How big is unit 312?

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

What is unit 312 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 312, Safi Apartments 2A

Starts from the last sale price (AED 700K, 27 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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