511, Safi Apartments 2A
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Safi Apartments 2A
What is 511 worth today?
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Source: Dubai Land Department. Updated 20 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 883 sqft
- Floor
- 5th of 7
- Parking
- P-124
- Developer
- Nshmi Development
- Completed
- 2018
- Service charge
- AED 13,500 /yr
- Last sold
- AED 804K · October 2015
- Building
- Safi Apartments 2A
About 511, Safi Apartments 2A
511 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 25 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 2020 on 5 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 65,000 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 13,500 a year.
Sales and rents for 511 over time
511 has sold once; the dashed line is the two-bed median of each year in the building.
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 511 sits
All 97 2-beds →511 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. 511's AED 65,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 937 sqft | 1,100,000 | 1,174 | ||
| 18 Aug 202618 August 2026 | 1,041 sqft | 1,130,000 | 1,085 | ||
| 10 Aug 202610 August 2026 | 964 sqft | 40,138 | 41 | ||
| 3 Jul 20263 July 2026 | 937 sqft | 1,050,000 | 1,120 |
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 | |
| 506 | 3-bed | 1,408 sqft | AED 1.24MAED 1,239,888 · Jul 2016July 2016 | 120,000 /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 | ||
| 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 |
511, Safi Apartments 2A in numbers
- Sold once: by Nshmi Development on 25 October 2015 for AED 803,888, or AED 910 per sqft.
- Rented since July 2020 on 5 Ejari contracts, from AED 40,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2015 price is 8.1%, 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 20 July 2024.
Questions about 511, Safi Apartments 2A
What did unit 511 last sell for?
AED 803,888 on 25 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 511?
AED 65,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 57,000; the unit has been rented since July 2020.
How big is unit 511?
883 sqft (82.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 511 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 511, Safi Apartments 2A
Starts from the last sale price (AED 804K, 25 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 →