2-bed · 964 sqftSafi Apartments 2A, Town Square · 4th floor · completed 2018

416, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 10 August 2025
Last soldAED 791K12 October 2016
Current rentAED 80K /yr10 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 416, Safi Apartments 2A

What is 416 worth today?

Last sold for AED 790,888 in 2016

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10 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
24 Nov 2023RentedNew contract
AED 87,500/yr14 months · AED 90 per sqft
20 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
20 Nov 2021RentedRenewal
AED 43,000/yr12 months · AED 45 per sqft
20 Nov 2020RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
1 Sep 2019RentedNew contract
AED 53,000/yr12 months · AED 55 per sqft
12 Oct 2016Sold by developerOff-plan
AED 790,888AED 820 per sqft

Source: Dubai Land Department. Updated 10 August 2025.

Key facts

Type
2-bed apartment
Size
964 sqft
Floor
4th of 7
Parking
G-58
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,700 /yr
Last sold
AED 791K · October 2016

About 416, Safi Apartments 2A

416 is a two-bedroom apartment of 964 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 2016 for AED 790,888, or AED 820 per sqft, 6% below the AED 877 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 10 August 2025, is AED 80,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 416 over time

Sales
Unit 416, 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 2016: AED 790,888 (AED 820 per sqft)

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

Rents
Unit 416, each contractTypical two-bed in Safi Apartments 2A
50K75K20192021202320252027Typical 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 53,000 a yearNew contract, November 2020: AED 42,000 a yearRenewal, November 2021: AED 43,000 a yearRenewal, November 2022: AED 55,000 a yearNew contract, November 2023: AED 87,500 a yearNew contract, August 2025: AED 80,000 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 416 sits

All 97 2-beds →

416 last sold in October 2016 at AED 820 per sqft, 6% below what two-beds in Safi Apartments 2A were fetching at the time (AED 877). 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. 416's AED 80,000 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
4052-bedAED 1.03M · May 2024
4063-bedAED 1.19M · Sep 2015
4072-bedAED 700K · Jun 2022
1–7 of 22

416, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 12 October 2016 for AED 790,888, or AED 820 per sqft.
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 42,000 in 2020 and recovered to AED 80,000 by August 2025.
  • At AED 80,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 14,700 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 10 August 2025.

Questions about 416, Safi Apartments 2A

What did unit 416 last sell for?

AED 790,888 on 12 October 2016, sold by the developer: AED 820 per sqft for 964 sqft. It is the only registered sale of the unit.

What is the rent for unit 416?

AED 80,000 a year on the contract signed on 10 August 2025. The previous contract, from November 2023, was AED 87,500; the unit has been rented since September 2019.

How big is unit 416?

964 sqft (89.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 416 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 416, Safi Apartments 2A

Starts from the last sale price (AED 791K, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 790,888
Deposit, UAE resident (20%)
AED 158,178
Deposit, non-resident (40%)
AED 316,355
Monthly over 25 years at 3.7%
AED 3,236

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