506, Safi Apartments 2A
Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Safi Apartments 2A
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,408 sqft
- Floor
- 5th of 7
- Parking
- P-77
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 21,500 /yr
- Last sold
- AED 1.24M · July 2016
- Building
- Safi Apartments 2A
About 506, Safi Apartments 2A
506 is a three-bedroom apartment of 1,408 sqft on the 5th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 28 July 2016 for AED 1,239,888, or AED 880 per sqft, 5% above the AED 835 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 15 November 2025, is AED 120,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 21,500 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Safi Apartments 2A, and where 506 sits
All 39 3-beds →506 last sold in July 2016 at AED 880 per sqft, 5% above what three-beds in Safi Apartments 2A were fetching at the time (AED 835). Over the last 12 months three-beds sold for AED 1,770,000 to 1,910,000, around AED 1,333 per sqft, and rent for AED 92,345 to 130,000 a year. 506's AED 120,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 1,340 sqft | 1,770,000 | 1,320 | ||
| 27 Apr 202627 April 2026 | 1,412 sqft | 1,900,000 | 1,345 | ||
| 6 Apr 20266 April 2026 | 1,388 sqft | 1,910,000 | 1,376 | ||
| 5 Feb 20265 February 2026 | 1,419 sqft | 1,780,000 | 1,254 |
Safi Apartments 2A
Building153 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%
Other units on the 5th floor
All 153 units in Safi Apartments 2A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 937 sqft | AED 1.05MAED 1,050,000 · Jul 2026July 2026 | 85,000 /yr | |
| 502 | 3-bed | 1,419 sqft | AED 1.65MAED 1,650,000 · Apr 2025April 2025 | 125,000 /yr | |
| 503 | 2-bed | 964 sqft | AED 791KAED 790,888 · Sep 2015September 2015 | 75,000 /yr | |
| 504 | 2-bed | 931 sqft | AED 799KAED 798,888 · Oct 2015October 2015 | 78,000 /yr | |
| 505 | 2-bed | 882 sqft | AED 644KAED 643,500 · Sep 2022September 2022 | 85,000 /yr | |
| 507 | 2-bed | 881 sqft | AED 910KAED 910,000 · Mar 2024March 2024 | 47,000 /yr | |
| 508 | 2-bed | 883 sqft | AED 804KAED 803,888 · Oct 2015October 2015 | 85,000 /yr | |
| 509 | 1-bed | 314 sqft | AED 565KAED 564,888 · Oct 2015October 2015 | 46,691 /yr | |
| 510 | 1-bed | 628 sqft | AED 606KAED 605,888 · May 2016May 2016 | ||
| 511 | 2-bed | 883 sqft | AED 804KAED 803,888 · Oct 2015October 2015 | 65,000 /yr | |
| 512 | 2-bed | 881 sqft | AED 803KAED 802,888 · Oct 2015October 2015 | 60,375 /yr | |
| 513 | 3-bed | 1,408 sqft | AED 1.13MAED 1,125,888 · Feb 2021February 2021 | ||
| 514 | 2-bed | 882 sqft | AED 1.13MAED 1,125,000 · Oct 2025October 2025 | 61,318 /yr | |
| 515 | 2-bed | 931 sqft | AED 756KAED 755,888 · Oct 2015October 2015 | 67,914 /yr | |
| 516 | 2-bed | 964 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 52,920 /yr | |
| 517 | 3-bed | 1,419 sqft | AED 1.1MAED 1,100,000 · Feb 2023February 2023 | 75,000 /yr | |
| 518 | 2-bed | 937 sqft | AED 834KAED 833,888 · Oct 2015October 2015 | 64,000 /yr | |
| 519 | 1-bed | 573 sqft | AED 557KAED 556,888 · Oct 2015October 2015 | 46,690 /yr | |
| 520 | 2-bed | 976 sqft | AED 880KAED 880,000 · Mar 2024March 2024 | ||
| 521 | 2-bed | 1,041 sqft | AED 928KAED 927,888 · Oct 2015October 2015 | 90,000 /yr | |
| 522 | 2-bed | 904 sqft | AED 1.09MAED 1,090,000 · Oct 2025October 2025 | 65,100 /yr | |
| 523 | 3-bed | 1,340 sqft | AED 1.5MAED 1,500,000 · Apr 2025April 2025 | 99,750 /yr |
506, Safi Apartments 2A in numbers
- Sold once: by Nshmi Development on 28 July 2016 for AED 1,239,888, or AED 880 per sqft.
- Rented since October 2019 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2020 and recovered to AED 120,000 by November 2025.
- At AED 120,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 21,500 a year (AED 15.28 per sqft).
- Three-beds in Safi Apartments 2A sold for AED 1,770,000–1,910,000 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 15 November 2025.
Questions about 506, Safi Apartments 2A
What did unit 506 last sell for?
AED 1,239,888 on 28 July 2016, sold by the developer: AED 880 per sqft for 1,408 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 120,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2024, was AED 120,000; the unit has been rented since October 2019.
How big is unit 506?
1,408 sqft (130.8 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 2A sold for AED 1,770,000 to 1,910,000 in the last 12 months, around AED 1,333 per sqft.
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Mortgage on 506, Safi Apartments 2A
Starts from the last sale price (AED 1.24M, 28 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,239,888
- Deposit, UAE resident (20%)
- AED 247,978
- Deposit, non-resident (40%)
- AED 495,955
- Monthly over 25 years at 3.7%
- AED 5,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →