3-bed · 1,340 sqftSafi Apartments 2A, Town Square · 5th floor · completed 2018

523, Safi Apartments 2A

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 14 April 2025
Last soldAED 1.5M14 April 2025
Current rentAED 100K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Safi Apartments 2A

What is 523 worth today?

Last sold for AED 1,500,000 in 2025

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14 Apr 2025SoldReady
AED 1,500,000AED 1,119 per sqft
1 Mar 2025RentedRenewal
AED 99,750/yr12 months · AED 74 per sqft
1 Mar 2025RentedRenewal
AED 99,750/yr12 months · AED 74 per sqft
1 Mar 2024RentedRenewal
AED 95,000/yr12 months · AED 71 per sqft
1 Mar 2023RentedNew contract
AED 90,000/yr12 months · AED 67 per sqft
1 Feb 2022RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
1 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 49 per sqft
9 Dec 2019RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 14 April 2025.

Key facts

Type
3-bed apartment
Size
1,340 sqft
Floor
5th of 7
Parking
P-78
Developer
Nshmi Development
Completed
2018
Service charge
AED 20,500 /yr
Last sold
AED 1.5M · April 2025

About 523, Safi Apartments 2A

523 is a three-bedroom apartment of 1,340 sqft on the 5th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 14 April 2025 for AED 1,500,000, or AED 1,119 per sqft, in line with the AED 1,094 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 99,750 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 20,500 a year.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical three-bed in Safi Apartments 2A
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,185,888; 2016 AED 1,239,888; 2017 AED 1,318,888; 2020 AED 1,064,888; 2021 AED 1,208,888; 2022 AED 1,100,000; 2024 AED 1,417,500; 2025 AED 1,620,000; 2026 AED 1,840,000Sold by developer, October 2015: AED 1,139,888 (AED 850 per sqft)Sold, April 2025: AED 1,500,000 (AED 1,119 per sqft)

523 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 523, each contractTypical three-bed in Safi Apartments 2A
75K100K125K20192021202320252027Typical rent by year: 2019 AED 72,000; 2020 AED 65,000; 2021 AED 69,100; 2022 AED 80,000; 2023 AED 87,500; 2024 AED 104,875; 2025 AED 118,000; 2026 AED 120,000New contract, December 2019: AED 75,000 a yearNew contract, February 2021: AED 65,000 a yearRenewal, February 2022: AED 70,000 a yearNew contract, March 2023: AED 90,000 a yearRenewal, March 2024: AED 95,000 a yearRenewal, March 2025: AED 99,750 a yearRenewal, March 2025: AED 99,750 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Safi Apartments 2A, and where 523 sits

All 39 3-beds →

523 last sold in April 2025 at AED 1,119 per sqft, in line with what three-beds in Safi Apartments 2A were fetching at the time (AED 1,094). Over the last 12 months three-beds sold for AED 1,770,000 to 1,910,000, around AED 1,333 per sqft, and rent for AED 92,345 to 130,000 a year. 523's AED 99,750 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20261,770,000
27 Apr 20261,900,000
6 Apr 20261,910,000
5 Feb 20261,780,000
4 3-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

523, Safi Apartments 2A in numbers

  • Sold twice: first on 13 October 2015 for AED 1,139,888, last on 14 April 2025 for AED 1,500,000 (AED 1,119 per sqft).
  • Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 65,000 in 2021 and recovered to AED 99,750 by March 2025.
  • At AED 99,750 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 20,500 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 2A sold for AED 1,770,000–1,910,000 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 14 April 2025.

Questions about 523, Safi Apartments 2A

What did unit 523 last sell for?

AED 1,500,000 on 14 April 2025: AED 1,119 per sqft for 1,340 sqft. The unit has 2 registered sales; the first was AED 1,139,888 in October 2015.

What is the rent for unit 523?

AED 99,750 a year on the contract renewed on 1 March 2025. The previous contract, from March 2025, was AED 99,750; the unit has been rented since December 2019.

How big is unit 523?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 2A sold for AED 1,770,000 to 1,910,000 in the last 12 months, around AED 1,333 per sqft.

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Mortgage on 523, Safi Apartments 2A

Starts from the last sale price (AED 1.5M, 14 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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