2-bed · 928 sqftSafi Apartments 2B, Town Square · 4th floor · completed 2018

401, Safi Apartments 2B

Sold prices and rental history: sold 3 times, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 1.1M24 March 2025
Current rentAED 80K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Safi Apartments 2B

What is 401 worth today?

Last sold for AED 1,100,000 in 2025

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19 Oct 2026RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
24 Mar 2025SoldReady
AED 1,100,000AED 1,184 per sqft
19 Sep 2024SoldReady
AED 850,000AED 915 per sqft
9 Feb 2024RentedNew contract
AED 64,000/yr12 months · AED 69 per sqft
1 Feb 2023RentedNew contract
AED 57,000/yr12 months · AED 61 per sqft
10 Dec 2021RentedNew contract
AED 42,000/yr12 months · AED 45 per sqft
10 Nov 2020RentedNew contract
AED 42,000/yr13 months · AED 45 per sqft
22 Aug 2019RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
2-bed apartment
Size
928 sqft
Floor
4th of 7
Parking
P-150
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.1M · March 2025

About 401, Safi Apartments 2B

401 is a two-bedroom apartment of 928 sqft on the 4th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 24 March 2025 for AED 1,100,000, or AED 1,184 per sqft, 32% above the AED 895 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 19 October 2026, is AED 80,000 a year: a gross yield of 7.3% on the 2025 price.

Sales and rents for 401 over time

Sales
Unit 401, 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 865,888 (AED 932 per sqft)Sold, September 2024: AED 850,000 (AED 915 per sqft)Sold, March 2025: AED 1,100,000 (AED 1,184 per sqft)

401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 401, each contractTypical two-bed in Safi Apartments 2B
40K60K80K201920222025Typical 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, August 2019: AED 53,000 a yearNew contract, November 2020: AED 42,000 a yearNew contract, December 2021: AED 42,000 a yearNew contract, February 2023: AED 57,000 a yearNew contract, February 2024: AED 64,000 a yearNew contract, October 2026: AED 80,000 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 2B, and where 401 sits

All 39 2-beds →

401 last sold in March 2025 at AED 1,184 per sqft, 32% above what two-beds in Safi Apartments 2B were fetching at the time (AED 895). 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. 401's AED 80,000 is in the lower half 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 4th floor

All 89 units in Safi Apartments 2B
Value
4023-bedAED 1.3M · Oct 2024
4031-bedAED 591K · Oct 2015
4041-bedAED 577K · Oct 2015
4051-bedAED 603K · Oct 2015
406StudioAED 528K · Mar 2026
4071-bedAED 570K · Oct 2015
4083-bedAED 1.25M · Dec 2024
1–7 of 13

401, Safi Apartments 2B in numbers

  • Sold 3 times: first on 18 October 2015 for AED 865,888, last on 24 March 2025 for AED 1,100,000 (AED 1,184 per sqft).
  • Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 42,000 in 2021 and recovered to AED 80,000 by October 2026.
  • At AED 80,000 a year the gross yield on the 2025 price is 7.3%.
  • 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 19 October 2026.

Questions about 401, Safi Apartments 2B

What did unit 401 last sell for?

AED 1,100,000 on 24 March 2025: AED 1,184 per sqft for 928 sqft. The unit has 3 registered sales; the first was AED 865,888 in October 2015.

What is the rent for unit 401?

AED 80,000 a year on the contract signed on 19 October 2026. The previous contract, from February 2024, was AED 64,000; the unit has been rented since August 2019.

How big is unit 401?

928 sqft (86.2 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 401 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 401, Safi Apartments 2B

Starts from the last sale price (AED 1.1M, 24 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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