2-bed · 931 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

515, 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 515 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 756K25 October 2015
Current rentAED 68K /yr2 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Safi Apartments 2A

What is 515 worth today?

Last sold for AED 755,888 in 2015

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2 Feb 2026RentedRenewal
AED 67,914/yr12 months · AED 73 per sqft
2 Feb 2025RentedRenewal
AED 64,680/yr12 months · AED 69 per sqft
2 Feb 2025RentedRenewal
AED 64,680/yr12 months · AED 69 per sqft
2 Feb 2024RentedRenewal
AED 58,800/yr12 months · AED 63 per sqft
2 Feb 2023RentedNew contract
AED 56,000/yr12 months · AED 60 per sqft
5 Dec 2022RentedRenewal
AED 49,452/yr1 months · AED 53 per sqft
5 Dec 2021RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
25 Sep 2020RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
2-bed apartment
Size
931 sqft
Floor
5th of 7
Parking
P-99
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,200 /yr
Last sold
AED 756K · October 2015

About 515, Safi Apartments 2A

515 is a two-bedroom apartment of 931 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 755,888, or AED 811 per sqft, 8% below the AED 879 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 2 February 2026, is AED 67,914 a year: a gross yield of 9.0% on the 2015 price, before the service charge of about AED 14,200 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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 755,888 (AED 811 per sqft)

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

Rents
Unit 515, 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 48,000 a yearRenewal, September 2020: AED 45,000 a yearNew contract, December 2021: AED 43,000 a yearRenewal, December 2022: AED 49,452 a yearNew contract, February 2023: AED 56,000 a yearRenewal, February 2024: AED 58,800 a yearRenewal, February 2025: AED 64,680 a yearRenewal, February 2025: AED 64,680 a yearRenewal, February 2026: AED 67,914 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 515 sits

All 97 2-beds →

515 last sold in October 2015 at AED 811 per sqft, 8% below 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. 515's AED 67,914 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

515, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 755,888, or AED 811 per sqft.
  • Rented since September 2019 on 9 Ejari contracts. The rent fell from AED 48,000 to AED 43,000 in 2021 and recovered to AED 67,914 by February 2026.
  • At AED 67,914 a year the gross yield on the 2015 price is 9.0%, before a service charge of about AED 14,200 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 2 February 2026.

Questions about 515, Safi Apartments 2A

What did unit 515 last sell for?

AED 755,888 on 25 October 2015, sold by the developer: AED 811 per sqft for 931 sqft. It is the only registered sale of the unit.

What is the rent for unit 515?

AED 67,914 a year on the contract renewed on 2 February 2026. The previous contract, from February 2025, was AED 64,680; the unit has been rented since September 2019.

How big is unit 515?

931 sqft (86.5 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 515 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 515, Safi Apartments 2A

Starts from the last sale price (AED 756K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 755,888
Deposit, UAE resident (20%)
AED 151,178
Deposit, non-resident (40%)
AED 302,355
Monthly over 25 years at 3.7%
AED 3,093

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