3-bed · 1,418 sqftSafi Apartments 2B, Town Square · 4th floor · completed 2018

402, Safi Apartments 2B

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

Unit 402 · DLD and Ejari recordsUpdated 27 September 2026
Last soldAED 1.3M2 October 2024
Current rentAED 112K /yr27 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Safi Apartments 2B

What is 402 worth today?

Last sold for AED 1,300,000 in 2024

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27 Sep 2026RentedRenewal
AED 112,000/yr12 months · AED 79 per sqft
27 Sep 2025RentedRenewal
AED 112,000/yr12 months · AED 79 per sqft
2 Oct 2024SoldReady
AED 1,300,000AED 916 per sqft
27 Sep 2024RentedNew contract
AED 84,315/yr12 months · AED 59 per sqft
27 Sep 2024RentedRenewal
AED 84,315/yr12 months · AED 59 per sqft
27 Sep 2023RentedNew contract
AED 76,650/yr12 months · AED 54 per sqft
26 Sep 2022RentedRenewal
AED 76,650/yr12 months · AED 54 per sqft
26 Sep 2022RentedRenewal
AED 73,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 27 September 2026.

Key facts

Type
3-bed apartment
Size
1,418 sqft
Floor
4th of 7
Parking
P-159
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.3M · October 2024

About 402, Safi Apartments 2B

402 is a three-bedroom apartment of 1,418 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 2 October 2024 for AED 1,300,000, or AED 916 per sqft, in line with the AED 916 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, renewed on 27 September 2026, is AED 112,000 a year: a gross yield of 8.6% on the 2024 price.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical three-bed in Safi Apartments 2B
1.2M1.4M1.6M2015201820212024Typical sale price by year: 2015 AED 1,177,888; 2017 AED 1,592,888; 2024 AED 1,300,000Sold by developer, October 2015: AED 1,237,888 (AED 872 per sqft)Sold, October 2024: AED 1,300,000 (AED 916 per sqft)

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

Rents
Unit 402, each contractTypical three-bed in Safi Apartments 2B
75K100K201920222025Typical rent by year: 2019 AED 72,000; 2020 AED 66,000; 2021 AED 67,500; 2022 AED 73,000; 2023 AED 76,650; 2024 AED 87,125; 2025 AED 100,000; 2026 AED 103,750New contract, August 2019: AED 75,000 a yearRenewal, August 2020: AED 75,000 a yearNew contract, September 2021: AED 73,000 a yearRenewal, September 2022: AED 76,650 a yearRenewal, September 2022: AED 73,000 a yearNew contract, September 2023: AED 76,650 a yearNew contract, September 2024: AED 84,315 a yearRenewal, September 2024: AED 84,315 a yearRenewal, September 2025: AED 112,000 a yearRenewal, September 2026: AED 112,000 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 2B, and where 402 sits

All 23 3-beds →

402 last sold in October 2024 at AED 916 per sqft, in line with what three-beds in Safi Apartments 2B were fetching at the time (AED 916). 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. 402's AED 112,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Apr 20261,930,000
13 Nov 20251,650,000
13 Jun 20251,860,000
16 Dec 20241,250,000
2 3-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
4012-bedAED 1.1M · Mar 2025
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

402, Safi Apartments 2B in numbers

  • Sold twice: first on 12 October 2015 for AED 1,237,888, last on 2 October 2024 for AED 1,300,000 (AED 916 per sqft).
  • Rented since August 2019 on 10 Ejari contracts, from AED 75,000 to AED 112,000 a year.
  • At AED 112,000 a year the gross yield on the 2024 price is 8.6%.
  • 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 27 September 2026.

Questions about 402, Safi Apartments 2B

What did unit 402 last sell for?

AED 1,300,000 on 2 October 2024: AED 916 per sqft for 1,418 sqft. The unit has 2 registered sales; the first was AED 1,237,888 in October 2015.

What is the rent for unit 402?

AED 112,000 a year on the contract renewed on 27 September 2026. The previous contract, from September 2025, was AED 112,000; the unit has been rented since August 2019.

How big is unit 402?

1,418 sqft (131.7 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 402 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 402, Safi Apartments 2B

Starts from the last sale price (AED 1.3M, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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