1-bed · 691 sqftSafi Apartments 2A, Town Square · 4th floor · completed 2018

409, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 February 2026
Last soldAED 605K12 October 2015
Current rentAED 49K /yr21 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Safi Apartments 2A

What is 409 worth today?

Last sold for AED 604,888 in 2015

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21 Feb 2026RentedRenewal
AED 48,914/yr12 months · AED 71 per sqft
21 Feb 2025RentedRenewal
AED 46,585/yr12 months · AED 68 per sqft
21 Feb 2024RentedRenewal
AED 42,350/yr12 months · AED 61 per sqft
21 Feb 2023RentedRenewal
AED 38,500/yr12 months · AED 56 per sqft
21 Feb 2022RentedRenewal
AED 35,000/yr12 months · AED 51 per sqft
21 Feb 2021RentedNew contract
AED 35,000/yr12 months · AED 51 per sqft
21 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 48 per sqft
20 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 21 February 2026.

Key facts

Type
1-bed apartment
Size
691 sqft
Floor
4th of 7
Parking
G-190
Developer
Nshmi Development
Completed
2018
Service charge
AED 10,600 /yr
Last sold
AED 605K · October 2015

About 409, Safi Apartments 2A

409 is a one-bedroom apartment of 691 sqft on the 4th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 12 October 2015 for AED 604,888, or AED 874 per sqft, in line with the AED 884 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 21 February 2026, is AED 48,914 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 10,600 a year.

Sales and rents for 409 over time

Rents
Unit 409, 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, September 2019: AED 38,000 a yearNew contract, September 2020: AED 33,000 a yearNew contract, February 2021: AED 35,000 a yearRenewal, February 2022: AED 35,000 a yearRenewal, February 2023: AED 38,500 a yearRenewal, February 2024: AED 42,350 a yearRenewal, February 2025: AED 46,585 a yearRenewal, February 2026: AED 48,914 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 409 sits

All 17 1-beds →

409 last sold in October 2015 at AED 874 per sqft, in line with what one-beds in Safi Apartments 2A were fetching at the time (AED 884). 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. 409's AED 48,914 is in the lower half 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 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
4052-bedAED 1.03M · May 2024
4063-bedAED 1.19M · Sep 2015
4072-bedAED 700K · Jun 2022
1–7 of 22

409, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 604,888, or AED 874 per sqft.
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 38,000 to AED 33,000 in 2020 and recovered to AED 48,914 by February 2026.
  • At AED 48,914 a year the gross yield on the 2015 price is 8.1%, before a service charge of about AED 10,600 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 21 February 2026.

Questions about 409, Safi Apartments 2A

What did unit 409 last sell for?

AED 604,888 on 12 October 2015, sold by the developer: AED 874 per sqft for 691 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 48,914 a year on the contract renewed on 21 February 2026. The previous contract, from February 2025, was AED 46,585; the unit has been rented since September 2019.

How big is unit 409?

691 sqft (64.2 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 409 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 409, Safi Apartments 2A

Starts from the last sale price (AED 605K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 604,888
Deposit, UAE resident (20%)
AED 120,978
Deposit, non-resident (40%)
AED 241,955
Monthly over 25 years at 3.7%
AED 2,475

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