2-bed · 929 sqftSafi Apartments 2B, Town Square · 3rd floor · completed 2018

301, Safi Apartments 2B

Sold prices and rental history: sold once, by the developer in October 2015, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 October 2023
Last soldAED 848K28 October 2015
Current rentAED 55K /yr10 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Safi Apartments 2B

What is 301 worth today?

Last sold for AED 847,888 in 2015

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10 Oct 2023RentedRenewal
AED 54,587/yr7 months · AED 59 per sqft
10 Jul 2022RentedRenewal
AED 49,500/yr15 months · AED 53 per sqft
3 Sep 2019RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft
28 Oct 2015Sold by developerOff-plan
AED 847,888AED 913 per sqft

Source: Dubai Land Department. Updated 10 October 2023.

Key facts

Type
2-bed apartment
Size
929 sqft
Floor
3rd of 7
Parking
P-212
Developer
Nshmi Development
Completed
2018
Last sold
AED 848K · October 2015

About 301, Safi Apartments 2B

301 is a two-bedroom apartment of 929 sqft on the 3rd floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 28 October 2015 for AED 847,888, or AED 913 per sqft, in line with the AED 898 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 10 October 2023, is AED 54,587 a year: a gross yield of 6.4% on the 2015 price.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Safi Apartments 2B
800K1M2015201820212024Typical sale price by year: 2015 AED 849,388; 2016 AED 834,388; 2020 AED 794,888; 2023 AED 800,000; 2024 AED 850,000; 2025 AED 1,100,000Sold by developer, October 2015: AED 847,888 (AED 913 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Safi Apartments 2B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 55,440; 2024 AED 62,500; 2025 AED 68,250; 2026 AED 80,000New contract, September 2019: AED 53,000 a yearRenewal, July 2022: AED 49,500 a yearRenewal, October 2023: AED 54,587 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 2B, and where 301 sits

All 39 2-beds →

301 last sold in October 2015 at AED 913 per sqft, in line with what two-beds in Safi Apartments 2B were fetching at the time (AED 898). Over the last 12 months two-beds sold for AED 1,148,720 to 1,180,000, around AED 1,092 per sqft, and rent for AED 63,000 to 110,000 a year. 301's AED 54,587 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20261,180,000
7 Aug 20261,148,720
6 May 20251,170,000
29 Apr 20251,075,000
2 2-bed sales in the last 12 months

Safi Apartments 2B

Building

89 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,327
Typical sale
AED 1.15M
Typical rent
AED 80K /yr
Typical yield
6.4%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 3rd floor

All 89 units in Safi Apartments 2B
Value
3023-bedAED 1.93M · Apr 2026
3031-bedAED 840K · Nov 2025
3041-bedAED 840K · May 2026
3051-bedAED 267K · Jun 2025
306StudioAED 490K · Mar 2025
3071-bedAED 500K · Jun 2025
3083-bedAED 1.5M · Sep 2024
1–7 of 13

301, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 28 October 2015 for AED 847,888, or AED 913 per sqft.
  • Rented since September 2019 on 3 Ejari contracts, from AED 53,000 to AED 54,587 a year.
  • At AED 54,587 a year the gross yield on the 2015 price is 6.4%.
  • Two-beds in Safi Apartments 2B sold for AED 1,148,720–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,327 per sqft.

Source: Dubai Land Department. Updated 10 October 2023.

Questions about 301, Safi Apartments 2B

What did unit 301 last sell for?

AED 847,888 on 28 October 2015, sold by the developer: AED 913 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 54,587 a year on the contract renewed on 10 October 2023. The previous contract, from July 2022, was AED 49,500; the unit has been rented since September 2019.

How big is unit 301?

929 sqft (86.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.

What is unit 301 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 2B sold for AED 1,148,720 to 1,180,000 in the last 12 months, around AED 1,092 per sqft.

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Mortgage on 301, Safi Apartments 2B

Starts from the last sale price (AED 848K, 28 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 847,888
Deposit, UAE resident (20%)
AED 169,578
Deposit, non-resident (40%)
AED 339,155
Monthly over 25 years at 3.7%
AED 3,469

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