2-bed · 883 sqftSafi Apartments 2A, Town Square · 4th floor · completed 2018

411, Safi Apartments 2A

Sold prices and rental history: sold 3 times, 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 411 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 1.1M13 November 2024
Current rentAED 60K /yr23 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Safi Apartments 2A

What is 411 worth today?

Last sold for AED 1,100,000 in 2024

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13 Nov 2024SoldReady
AED 1,100,000AED 1,245 per sqft
22 May 2024SoldReady
AED 800,000AED 905 per sqft
23 Dec 2023RentedRenewal
AED 60,016/yr10 months · AED 68 per sqft
23 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 Dec 2021RentedRenewal
AED 42,000/yr12 months · AED 48 per sqft
1 Dec 2020RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
10 Nov 2019RentedNew contract
AED 54,000/yr12 months · AED 61 per sqft
19 Oct 2015Sold by developerOff-plan
AED 798,888AED 904 per sqft

Source: Dubai Land Department. Updated 13 November 2024.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
4th of 7
Parking
G-62
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 1.1M · November 2024

About 411, Safi Apartments 2A

411 is a two-bedroom apartment of 883 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 13 November 2024 for AED 1,100,000, or AED 1,245 per sqft, 35% above the AED 923 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 23 December 2023, is AED 60,016 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 13,500 a year.

Sales and rents for 411 over time

Sales
Unit 411, 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 798,888 (AED 904 per sqft)Sold, May 2024: AED 800,000 (AED 905 per sqft)Sold, November 2024: AED 1,100,000 (AED 1,245 per sqft)

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

Rents
Unit 411, 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, November 2019: AED 54,000 a yearNew contract, December 2020: AED 42,000 a yearRenewal, December 2021: AED 42,000 a yearNew contract, December 2022: AED 60,000 a yearRenewal, December 2023: AED 60,016 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 411 sits

All 97 2-beds →

411 last sold in November 2024 at AED 1,245 per sqft, 35% 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. 411's AED 60,016 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
4052-bedAED 1.03M · May 2024
4063-bedAED 1.19M · Sep 2015
4072-bedAED 700K · Jun 2022
1–7 of 22

411, Safi Apartments 2A in numbers

  • Sold 3 times: first on 19 October 2015 for AED 798,888, last on 13 November 2024 for AED 1,100,000 (AED 1,245 per sqft).
  • Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 54,000 to AED 42,000 in 2021 and recovered to AED 60,016 by December 2023.
  • At AED 60,016 a year the gross yield on the 2024 price is 5.5%, 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 November 2024.

Questions about 411, Safi Apartments 2A

What did unit 411 last sell for?

AED 1,100,000 on 13 November 2024: AED 1,245 per sqft for 883 sqft. The unit has 3 registered sales; the first was AED 798,888 in October 2015.

What is the rent for unit 411?

AED 60,016 a year on the contract renewed on 23 December 2023. The previous contract, from December 2022, was AED 60,000; the unit has been rented since November 2019.

How big is unit 411?

883 sqft (82.0 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 411 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 411, Safi Apartments 2A

Starts from the last sale price (AED 1.1M, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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