2-bed · 883 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

508, 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 508 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 804K28 October 2015
Current rentAED 85K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Safi Apartments 2A

What is 508 worth today?

Last sold for AED 803,888 in 2015

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1 Apr 2026RentedNew contract
AED 85,000/yr12 months · AED 96 per sqft
9 Aug 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
5 Aug 2024RentedRenewal
AED 70,000/yr12 months · AED 79 per sqft
5 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 79 per sqft
10 Sep 2022RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
10 Sep 2021RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
10 Sep 2020RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
10 Sep 2019RentedNew contract
AED 46,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
2-bed apartment
Size
883 sqft
Floor
5th of 7
Parking
G-103
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 804K · October 2015

About 508, Safi Apartments 2A

508 is a two-bedroom apartment of 883 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 October 2015 for AED 803,888, or AED 910 per sqft, 4% above the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 April 2026, is AED 85,000 a year: a gross yield of 10.6% on the 2015 price, before the service charge of about AED 13,500 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 803,888 (AED 910 per sqft)

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

Rents
Unit 508, 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, September 2019: AED 46,000 a yearRenewal, September 2020: AED 44,000 a yearRenewal, September 2021: AED 44,000 a yearRenewal, September 2022: AED 44,000 a yearNew contract, August 2023: AED 70,000 a yearRenewal, August 2024: AED 70,000 a yearNew contract, August 2025: AED 80,000 a yearNew contract, April 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 508 sits

All 97 2-beds →

508 last sold in October 2015 at AED 910 per sqft, 4% above what two-beds in Safi Apartments 2A were fetching at the time (AED 879). 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. 508'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
5052-bedAED 644K · Sep 2022
5063-bedAED 1.24M · Jul 2016
5072-bedAED 910K · Mar 2024
1–7 of 22

508, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 28 October 2015 for AED 803,888, or AED 910 per sqft.
  • Rented since September 2019 on 8 Ejari contracts, from AED 46,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2015 price is 10.6%, 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 1 April 2026.

Questions about 508, Safi Apartments 2A

What did unit 508 last sell for?

AED 803,888 on 28 October 2015, sold by the developer: AED 910 per sqft for 883 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 85,000 a year on the contract signed on 1 April 2026. The previous contract, from August 2025, was AED 80,000; the unit has been rented since September 2019.

How big is unit 508?

883 sqft (82.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 508 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 508, Safi Apartments 2A

Starts from the last sale price (AED 804K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 803,888
Deposit, UAE resident (20%)
AED 160,778
Deposit, non-resident (40%)
AED 321,555
Monthly over 25 years at 3.7%
AED 3,289

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