2-bed · 882 sqftSafi Apartments 2A, Town Square · 4th floor · completed 2018

405, Safi Apartments 2A

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 14 October 2026
Last soldAED 1.03M3 May 2024
Current rentAED 60K /yr14 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Safi Apartments 2A

What is 405 worth today?

Last sold for AED 1,025,000 in 2024

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14 Oct 2026RentedNew contract
AED 60,000/yr18 months · AED 68 per sqft
2 Jan 2026RentedRenewal
AED 80,000/yr12 months · AED 91 per sqft
2 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
2 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
15 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
3 May 2024SoldReady
AED 1,025,000AED 1,161 per sqft
18 Jan 2024SoldReady
AED 815,000AED 923 per sqft
25 Jan 2023RentedRenewal
AED 49,450/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 14 October 2026.

Key facts

Type
2-bed apartment
Size
882 sqft
Floor
4th of 7
Parking
G-54
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 1.03M · May 2024

About 405, Safi Apartments 2A

405 is a two-bedroom apartment of 882 sqft on the 4th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 3 May 2024 for AED 1,025,000, or AED 1,161 per sqft, 28% above the AED 905 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 14 October 2026, is AED 60,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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 770,888 (AED 873 per sqft)Sold, January 2024: AED 815,000 (AED 923 per sqft)Sold, May 2024: AED 1,025,000 (AED 1,161 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Safi Apartments 2A
40K60K80K201920222025Typical 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 2020: AED 40,000 a yearNew contract, January 2022: AED 43,000 a yearRenewal, January 2023: AED 49,450 a yearNew contract, June 2024: AED 80,000 a yearNew contract, January 2025: AED 40,000 a yearNew contract, January 2025: AED 40,000 a yearRenewal, January 2026: AED 80,000 a yearNew contract, October 2026: AED 60,000 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 405 sits

All 97 2-beds →

405 last sold in May 2024 at AED 1,161 per sqft, 28% above what two-beds in Safi Apartments 2A were fetching at the time (AED 905). 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. 405's AED 60,000 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 4th floor

All 153 units in Safi Apartments 2A
Value
4012-bedAED 829K · Sep 2015
4023-bedAED 1.19M · Sep 2015
4032-bedAED 791K · Oct 2015
4042-bedAED 1.05M · Nov 2025
4063-bedAED 1.19M · Sep 2015
4072-bedAED 700K · Jun 2022
4082-bedAED 799K · Sep 2015
1–7 of 22

405, Safi Apartments 2A in numbers

  • Sold 3 times: first on 13 October 2015 for AED 770,888, last on 3 May 2024 for AED 1,025,000 (AED 1,161 per sqft).
  • Rented since October 2020 on 8 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.9%, 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 14 October 2026.

Questions about 405, Safi Apartments 2A

What did unit 405 last sell for?

AED 1,025,000 on 3 May 2024: AED 1,161 per sqft for 882 sqft. The unit has 3 registered sales; the first was AED 770,888 in October 2015.

What is the rent for unit 405?

AED 60,000 a year on the contract signed on 14 October 2026. The previous contract, from January 2026, was AED 80,000; the unit has been rented since October 2020.

How big is unit 405?

882 sqft (81.9 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 405 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 405, Safi Apartments 2A

Starts from the last sale price (AED 1.03M, 3 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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