3-bed · 1,340 sqftSafi Apartments 2A, Town Square · 6th floor · completed 2018

621, Safi Apartments 2A

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 621 · DLD and Ejari recordsUpdated 19 January 2024
Last soldAED 1.39M19 January 2024
Current rentAED 72K /yr16 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 621, Safi Apartments 2A

What is 621 worth today?

Last sold for AED 1,385,000 in 2024

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19 Jan 2024SoldReady
AED 1,385,000AED 1,033 per sqft
16 Dec 2022RentedRenewal
AED 71,610/yr12 months · AED 54 per sqft
16 Dec 2021RentedRenewal
AED 68,200/yr12 months · AED 51 per sqft
16 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 46 per sqft
15 Sep 2020RentedRenewal
AED 67,500/yr12 months · AED 51 per sqft
15 Sep 2019RentedNew contract
AED 75,000/yr12 months · AED 56 per sqft
28 Jul 2016Sold by developerOff-plan
AED 1,275,888AED 952 per sqft

Source: Dubai Land Department. Updated 19 January 2024.

Key facts

Type
3-bed apartment
Size
1,340 sqft
Floor
6th of 7
Parking
P-66
Developer
Nshmi Development
Completed
2018
Service charge
AED 20,500 /yr
Last sold
AED 1.39M · January 2024

About 621, Safi Apartments 2A

621 is a three-bedroom apartment of 1,340 sqft on the 6th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 19 January 2024 for AED 1,385,000, or AED 1,033 per sqft, 18% above the AED 872 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 16 December 2022, is AED 71,610 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 20,500 a year.

Sales and rents for 621 over time

Sales
Unit 621, 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, July 2016: AED 1,275,888 (AED 952 per sqft)Sold, January 2024: AED 1,385,000 (AED 1,033 per sqft)

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

Rents
Unit 621, each contractTypical three-bed in Safi Apartments 2A
100K20192021202320252027Typical 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, September 2019: AED 75,000 a yearRenewal, September 2020: AED 67,500 a yearNew contract, December 2020: AED 62,000 a yearRenewal, December 2021: AED 68,200 a yearRenewal, December 2022: AED 71,610 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 621 sits

All 39 3-beds →

621 last sold in January 2024 at AED 1,033 per sqft, 18% above what three-beds in Safi Apartments 2A were fetching at the time (AED 872). 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. 621's AED 71,610 is at the bottom 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 6th floor

All 153 units in Safi Apartments 2A
Value
6012-bedAED 839K · Sep 2015
6023-bedAED 1.78M · Oct 2015
6032-bedAED 799K · Oct 2015
6042-bedAED 781K · Oct 2015
6053-bedAED 1.9M · Apr 2026
6062-bedAED 725K · Jun 2023
6072-bedAED 810K · Oct 2015
1–7 of 20

621, Safi Apartments 2A in numbers

  • Sold twice: first on 28 July 2016 for AED 1,275,888, last on 19 January 2024 for AED 1,385,000 (AED 1,033 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 62,000 in 2020 and recovered to AED 71,610 by December 2022.
  • At AED 71,610 a year the gross yield on the 2024 price is 5.2%, 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 19 January 2024.

Questions about 621, Safi Apartments 2A

What did unit 621 last sell for?

AED 1,385,000 on 19 January 2024: AED 1,033 per sqft for 1,340 sqft. The unit has 2 registered sales; the first was AED 1,275,888 in July 2016.

What is the rent for unit 621?

AED 71,610 a year on the contract renewed on 16 December 2022. The previous contract, from December 2021, was AED 68,200; the unit has been rented since September 2019.

How big is unit 621?

1,340 sqft (124.5 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 621 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 621, Safi Apartments 2A

Starts from the last sale price (AED 1.39M, 19 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,385,000
Deposit, UAE resident (20%)
AED 277,000
Deposit, non-resident (40%)
AED 554,000
Monthly over 25 years at 3.7%
AED 5,666

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