308, Safi Apartments 2B
Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Safi Apartments 2B
What is 308 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,413 sqft
- Floor
- 3rd of 7
- Parking
- P-187
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.5M · September 2024
- Building
- Safi Apartments 2B
About 308, Safi Apartments 2B
308 is a three-bedroom apartment of 1,413 sqft on the 3rd floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 24 September 2024 for AED 1,500,000, or AED 1,061 per sqft, 16% above the AED 917 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 15 January 2024, is AED 72,633 a year: a gross yield of 4.8% on the 2024 price.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the three-bed median of each year in the building.
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 2B, and where 308 sits
All 23 3-beds →308 last sold in September 2024 at AED 1,061 per sqft, 16% above what three-beds in Safi Apartments 2B were fetching at the time (AED 917). Over the last 12 months three-beds sold for AED 1,650,000 to 1,930,000, around AED 1,264 per sqft, and rent for AED 87,864 to 125,000 a year. 308's AED 72,633 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202623 April 2026 | 1,418 sqft | 1,930,000 | 1,360 | ||
| 13 Nov 202513 November 2025 | 1,413 sqft | 1,650,000 | 1,168 | ||
| 13 Jun 202513 June 2025 | 2,257 sqft | 1,860,000 | 824 | ||
| 16 Dec 202416 December 2024 | 1,408 sqft | 1,250,000 | 887 |
Safi Apartments 2B
Building89 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%
Other units on the 3rd floor
All 89 units in Safi Apartments 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 929 sqft | AED 848KAED 847,888 · Oct 2015October 2015 | 54,587 /yr | |
| 302 | 3-bed | 1,418 sqft | AED 1.93MAED 1,930,000 · Apr 2026April 2026 | 70,000 /yr | |
| 303 | 1-bed | 633 sqft | AED 840KAED 840,000 · Nov 2025November 2025 | 68,000 /yr | |
| 304 | 1-bed | 625 sqft | AED 840KAED 840,000 · May 2026May 2026 | 68,000 /yr | |
| 305 | 1-bed | 225 sqft | AED 267KAED 266,667 · Jun 2025June 2025 | 70,000 /yr | |
| 306 | Studio | 320 sqft | AED 490KAED 490,000 · Mar 2025March 2025 | 33,643 /yr | |
| 307 | 1-bed | 372 sqft | AED 500KAED 500,000 · Jun 2025June 2025 | 55,000 /yr | |
| 309 | 2-bed | 973 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 57,832 /yr | |
| 310 | 2-bed | 894 sqft | AED 930KAED 930,000 · Dec 2023December 2023 | 55,000 /yr | |
| 311 | 3-bed | 1,362 sqft | AED 1.5MAED 1,500,000 · Sep 2024September 2024 | 74,304 /yr | |
| 312 | 2-bed | 1,076 sqft | AED 625KAED 625,000 · Jan 2020January 2020 | 90,000 /yr | |
| 313 | 2-bed | 935 sqft | AED 1.07MAED 1,065,000 · Nov 2024November 2024 | 80,000 /yr | |
| 314 | 2-bed | 943 sqft | AED 1.05MAED 1,050,000 · Sep 2024September 2024 | 55,552 /yr |
308, Safi Apartments 2B in numbers
- Sold twice: first on 28 October 2015 for AED 1,139,888, last on 24 September 2024 for AED 1,500,000 (AED 1,061 per sqft).
- Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 72,633 by January 2024.
- At AED 72,633 a year the gross yield on the 2024 price is 4.8%.
- Three-beds in Safi Apartments 2B sold for AED 1,650,000–1,930,000 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 24 September 2024.
Questions about 308, Safi Apartments 2B
What did unit 308 last sell for?
AED 1,500,000 on 24 September 2024: AED 1,061 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 1,139,888 in October 2015.
What is the rent for unit 308?
AED 72,633 a year on the contract renewed on 15 January 2024. The previous contract, from January 2022, was AED 66,000; the unit has been rented since September 2019.
How big is unit 308?
1,413 sqft (131.3 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2018.
What is unit 308 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 2B sold for AED 1,650,000 to 1,930,000 in the last 12 months, around AED 1,264 per sqft.
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Mortgage on 308, Safi Apartments 2B
Starts from the last sale price (AED 1.5M, 24 September 2024). 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 →