2-bed · 881 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

512, Safi Apartments 2A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 803K28 October 2015
Current rentAED 60K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Safi Apartments 2A

What is 512 worth today?

Last sold for AED 802,888 in 2015

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10 Jun 2025RentedRenewal
AED 60,375/yr12 months · AED 68 per sqft
10 Jun 2025RentedRenewal
AED 60,375/yr12 months · AED 68 per sqft
10 Jun 2024RentedRenewal
AED 57,500/yr12 months · AED 65 per sqft
10 Jun 2023RentedRenewal
AED 50,000/yr12 months · AED 57 per sqft
10 Jun 2022RentedRenewal
AED 46,000/yr12 months · AED 52 per sqft
10 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
28 Oct 2015Sold by developerOff-plan
AED 802,888AED 911 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
2-bed apartment
Size
881 sqft
Floor
5th of 7
Parking
P-123
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,500 /yr
Last sold
AED 803K · October 2015

About 512, Safi Apartments 2A

512 is a two-bedroom apartment of 881 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 802,888, or AED 911 per sqft, 4% above the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 10 June 2025, is AED 60,375 a year: a gross yield of 7.5% on the 2015 price, before the service charge of about AED 13,500 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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 802,888 (AED 911 per sqft)

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

Rents
Unit 512, 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, June 2021: AED 40,000 a yearRenewal, June 2022: AED 46,000 a yearRenewal, June 2023: AED 50,000 a yearRenewal, June 2024: AED 57,500 a yearRenewal, June 2025: AED 60,375 a yearRenewal, June 2025: AED 60,375 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 512 sits

All 97 2-beds →

512 last sold in October 2015 at AED 911 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. 512's AED 60,375 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 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

512, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 28 October 2015 for AED 802,888, or AED 911 per sqft.
  • Rented since June 2021 on 6 Ejari contracts, from AED 40,000 to AED 60,375 a year.
  • At AED 60,375 a year the gross yield on the 2015 price is 7.5%, 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 10 June 2025.

Questions about 512, Safi Apartments 2A

What did unit 512 last sell for?

AED 802,888 on 28 October 2015, sold by the developer: AED 911 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 60,375 a year on the contract renewed on 10 June 2025. The previous contract, from June 2025, was AED 60,375; the unit has been rented since June 2021.

How big is unit 512?

881 sqft (81.8 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 512 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 512, Safi Apartments 2A

Starts from the last sale price (AED 803K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 802,888
Deposit, UAE resident (20%)
AED 160,578
Deposit, non-resident (40%)
AED 321,155
Monthly over 25 years at 3.7%
AED 3,285

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