404, Safi Apartments 2B
Sold prices and rental history: sold once, by the developer in October 2015, 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 404, Safi Apartments 2B
What is 404 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 614 sqft
- Floor
- 4th of 7
- Parking
- P-176
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 577K · October 2015
- Building
- Safi Apartments 2B
About 404, Safi Apartments 2B
404 is a one-bedroom apartment of 614 sqft on the 4th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 18 October 2015 for AED 576,888, or AED 939 per sqft, in line with the AED 936 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 41,658 a year: a gross yield of 7.2% on the 2015 price.
Sales and rents for 404 over time
404 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safi Apartments 2B, and where 404 sits
All 19 1-beds →404 last sold in October 2015 at AED 939 per sqft, in line with what one-beds in Safi Apartments 2B were fetching at the time (AED 936). Over the last 12 months one-beds sold for AED 840,000, around AED 1,336 per sqft, and rent for AED 45,826 to 70,000 a year. 404's AED 41,658 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 625 sqft | 840,000 | 1,344 | ||
| 24 Nov 202524 November 2025 | 633 sqft | 840,000 | 1,327 | ||
| 26 Jun 202526 June 2025 | 225 sqft | 266,667 | 1,187 | ||
| 23 Jun 202523 June 2025 | 372 sqft | 500,000 | 1,343 |
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 4th floor
All 89 units in Safi Apartments 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 928 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | 80,000 /yr | |
| 402 | 3-bed | 1,418 sqft | AED 1.3MAED 1,300,000 · Oct 2024October 2024 | 112,000 /yr | |
| 403 | 1-bed | 633 sqft | AED 591KAED 590,888 · Oct 2015October 2015 | 41,658 /yr | |
| 405 | 1-bed | 673 sqft | AED 603KAED 602,888 · Oct 2015October 2015 | 41,658 /yr | |
| 406 | Studio | 320 sqft | AED 528KAED 528,000 · Mar 2026March 2026 | 38,502 /yr | |
| 407 | 1-bed | 596 sqft | AED 570KAED 569,888 · Oct 2015October 2015 | 41,658 /yr | |
| 408 | 3-bed | 1,408 sqft | AED 1.25MAED 1,250,000 · Dec 2024December 2024 | 86,250 /yr | |
| 409 | 2-bed | 973 sqft | AED 1.1MAED 1,100,000 · Apr 2025April 2025 | 90,000 /yr | |
| 410 | 2-bed | 894 sqft | AED 800KAED 800,000 · Oct 2024October 2024 | 54,285 /yr | |
| 411 | 3-bed | 1,360 sqft | AED 1.5MAED 1,500,000 · Jul 2024July 2024 | 83,680 /yr | |
| 412 | 2-bed | 1,076 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | 63,525 /yr | |
| 413 | 2-bed | 903 sqft | AED 810KAED 810,000 · Oct 2024October 2024 | 58,443 /yr | |
| 414 | 2-bed | 943 sqft | AED 1.18MAED 1,180,000 · Aug 2026August 2026 | 59,847 /yr |
404, Safi Apartments 2B in numbers
- Sold once: by Nshmi Development on 18 October 2015 for AED 576,888, or AED 939 per sqft.
- Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 35,000 to AED 25,000 in 2021 and recovered to AED 41,658 by November 2025.
- At AED 41,658 a year the gross yield on the 2015 price is 7.2%.
- One-beds in Safi Apartments 2B sold for AED 840,000–840,000 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 1 November 2025.
Questions about 404, Safi Apartments 2B
What did unit 404 last sell for?
AED 576,888 on 18 October 2015, sold by the developer: AED 939 per sqft for 614 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 41,658 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 39,675; the unit has been rented since September 2019.
How big is unit 404?
614 sqft (57.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.
What is unit 404 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 2B sold for AED 840,000 to 840,000 in the last 12 months, around AED 1,336 per sqft.
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Mortgage on 404, Safi Apartments 2B
Starts from the last sale price (AED 577K, 18 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 576,888
- Deposit, UAE resident (20%)
- AED 115,378
- Deposit, non-resident (40%)
- AED 230,755
- Monthly over 25 years at 3.7%
- AED 2,360
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →