2-bed · 882 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

505, Safi Apartments 2A

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 21 October 2026
Last soldAED 644K1 September 2022
Current rentAED 85K /yr21 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Safi Apartments 2A

What is 505 worth today?

Last sold for AED 643,500 in 2022

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21 Oct 2026RentedRenewal
AED 85,000/yr12 months · AED 97 per sqft
21 Oct 2025RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft
1 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
20 May 2023RentedNew contract
AED 67,000/yr12 months · AED 77 per sqft
4 Oct 2022RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
1 Sep 2022SoldReady
AED 643,500AED 729 per sqft
1 Oct 2021RentedRenewal
AED 46,000/yr12 months · AED 52 per sqft
1 Oct 2020RentedRenewal
AED 46,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 21 October 2026.

Key facts

Type
2-bed apartment
Size
882 sqft
Floor
5th of 7
Parking
P-118
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 644K · September 2022

About 505, Safi Apartments 2A

505 is a two-bedroom apartment of 882 sqft on the 5th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 1 September 2022 for AED 643,500, or AED 729 per sqft, 8% below the AED 790 two-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 October 2026, is AED 85,000 a year: a gross yield of 13.2% on the 2022 price, before the service charge of about AED 13,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Safi Apartments 2A
750K1M20152018202120242027Typical 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 780,888 (AED 885 per sqft)Sold, September 2022: AED 643,500 (AED 729 per sqft)

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

Rents
Unit 505, 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 2019: AED 49,000 a yearRenewal, October 2020: AED 46,000 a yearRenewal, October 2021: AED 46,000 a yearNew contract, October 2022: AED 55,000 a yearNew contract, May 2023: AED 67,000 a yearNew contract, September 2024: AED 85,000 a yearNew contract, October 2025: AED 85,000 a yearRenewal, October 2026: AED 85,000 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 505 sits

All 97 2-beds →

505 last sold in September 2022 at AED 729 per sqft, 8% below what two-beds in Safi Apartments 2A were fetching at the time (AED 790). 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. 505's AED 85,000 is in the upper 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 5th floor

All 153 units in Safi Apartments 2A
Value
5012-bedAED 1.05M · Jul 2026
5023-bedAED 1.65M · Apr 2025
5032-bedAED 791K · Sep 2015
5042-bedAED 799K · Oct 2015
5063-bedAED 1.24M · Jul 2016
5072-bedAED 910K · Mar 2024
5082-bedAED 804K · Oct 2015
1–7 of 22

505, Safi Apartments 2A in numbers

  • Sold twice: first on 19 October 2015 for AED 780,888, last on 1 September 2022 for AED 643,500 (AED 729 per sqft).
  • Rented since October 2019 on 8 Ejari contracts, from AED 49,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 13.2%, 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 21 October 2026.

Questions about 505, Safi Apartments 2A

What did unit 505 last sell for?

AED 643,500 on 1 September 2022: AED 729 per sqft for 882 sqft. The unit has 2 registered sales; the first was AED 780,888 in October 2015.

What is the rent for unit 505?

AED 85,000 a year on the contract renewed on 21 October 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since October 2019.

How big is unit 505?

882 sqft (81.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 505 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 505, Safi Apartments 2A

Starts from the last sale price (AED 644K, 1 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 643,500
Deposit, UAE resident (20%)
AED 128,700
Deposit, non-resident (40%)
AED 257,400
Monthly over 25 years at 3.7%
AED 2,633

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