2-bed · 937 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

518, 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 518 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 834K13 October 2015
Current rentAED 64K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 518, Safi Apartments 2A

What is 518 worth today?

Last sold for AED 833,888 in 2015

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1 Dec 2025RentedRenewal
AED 64,000/yr12 months · AED 68 per sqft
1 Dec 2024RentedRenewal
AED 64,000/yr12 months · AED 68 per sqft
1 Dec 2024RentedRenewal
AED 64,000/yr12 months · AED 68 per sqft
1 Dec 2023RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
1 Dec 2022RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
1 Dec 2021RentedRenewal
AED 45,000/yr12 months · AED 48 per sqft
1 Dec 2020RentedNew contract
AED 45,000/yr12 months · AED 48 per sqft
5 Oct 2019RentedNew contract
AED 52,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
5th of 7
Parking
P-121
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 834K · October 2015

About 518, Safi Apartments 2A

518 is a two-bedroom apartment of 937 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 13 October 2015 for AED 833,888, or AED 890 per sqft, in line with the AED 865 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 64,000 a year: a gross yield of 7.7% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 518 over time

Sales
Unit 518, 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 833,888 (AED 890 per sqft)

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

Rents
Unit 518, 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, October 2019: AED 52,000 a yearNew contract, December 2020: AED 45,000 a yearRenewal, December 2021: AED 45,000 a yearRenewal, December 2022: AED 45,000 a yearRenewal, December 2023: AED 50,000 a yearRenewal, December 2024: AED 64,000 a yearRenewal, December 2024: AED 64,000 a yearRenewal, December 2025: AED 64,000 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 518 sits

All 97 2-beds →

518 last sold in October 2015 at AED 890 per sqft, in line with what two-beds in Safi Apartments 2A were fetching at the time (AED 865). 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. 518's AED 64,000 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

518, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 13 October 2015 for AED 833,888, or AED 890 per sqft.
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 52,000 to AED 45,000 in 2022 and recovered to AED 64,000 by December 2025.
  • At AED 64,000 a year the gross yield on the 2015 price is 7.7%, before a service charge of about AED 14,300 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 December 2025.

Questions about 518, Safi Apartments 2A

What did unit 518 last sell for?

AED 833,888 on 13 October 2015, sold by the developer: AED 890 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 518?

AED 64,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 64,000; the unit has been rented since October 2019.

How big is unit 518?

937 sqft (87.1 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 518 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 518, Safi Apartments 2A

Starts from the last sale price (AED 834K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 833,888
Deposit, UAE resident (20%)
AED 166,778
Deposit, non-resident (40%)
AED 333,555
Monthly over 25 years at 3.7%
AED 3,412

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