Studio · 320 sqftSafi Apartments 2B, Town Square · 4th floor · completed 2018

406, Safi Apartments 2B

Sold prices and rental history: sold 4 times, last in March 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 8 September 2026
Last soldAED 528K16 March 2026
Current rentAED 39K /yr8 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Safi Apartments 2B

What is 406 worth today?

Last sold for AED 528,000 in 2026

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8 Sep 2026RentedNew contract
AED 38,502/yr12 months · AED 120 per sqft
16 Mar 2026SoldReady
AED 528,000AED 1,651 per sqft
8 Sep 2025RentedNew contract
AED 38,502/yr12 months · AED 120 per sqft
30 Jul 2025SoldReady
AED 500,000AED 1,564 per sqft
10 May 2025RentedRenewal
AED 35,199/yr4 months · AED 110 per sqft
19 Sep 2024SoldReady
AED 420,000AED 1,313 per sqft
10 May 2024RentedNew contract
AED 32,000/yr12 months · AED 100 per sqft
14 Feb 2023RentedRenewal
AED 25,850/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 8 September 2026.

Key facts

Type
Studio apartment
Size
320 sqft
Floor
4th of 7
Parking
G-109
Developer
Nshmi Development
Completed
2018
Last sold
AED 528K · March 2026

About 406, Safi Apartments 2B

406 is a studio of 320 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 16 March 2026 for AED 528,000, or AED 1,651 per sqft, 7% above the AED 1,548 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 8 September 2026, is AED 38,502 a year: a gross yield of 7.3% on the 2026 price.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Safi Apartments 2B
400K500K2015201820212024Typical sale price by year: 2015 AED 387,888; 2025 AED 490,000Sold by developer, October 2015: AED 393,888 (AED 1,232 per sqft)Sold, September 2024: AED 420,000 (AED 1,313 per sqft)Sold, July 2025: AED 500,000 (AED 1,564 per sqft)Sold, March 2026: AED 528,000 (AED 1,651 per sqft)

406 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Safi Apartments 2B
20K30K40K201920222025Typical rent by year: 2019 AED 25,500; 2020 AED 24,500; 2021 AED 22,750; 2022 AED 23,750; 2023 AED 27,000; 2024 AED 33,050; 2025 AED 37,000; 2026 AED 35,322New contract, December 2019: AED 25,000 a yearNew contract, January 2021: AED 20,000 a yearNew contract, February 2022: AED 23,500 a yearRenewal, February 2023: AED 25,850 a yearNew contract, May 2024: AED 32,000 a yearRenewal, May 2025: AED 35,199 a yearNew contract, September 2025: AED 38,502 a yearNew contract, September 2026: AED 38,502 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Safi Apartments 2B, and where 406 sits

All 8 studios →

406 last sold in March 2026 at AED 1,651 per sqft, 7% above what studios in Safi Apartments 2B were fetching at the time (AED 1,548). Over the last 12 months studios sold for AED 528,000, around AED 1,651 per sqft, and rent for AED 29,400 to 40,000 a year. 406's AED 38,502 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 May 2025400,000
27 Mar 2025490,000
24 Jul 2016412,888
2 Jun 2016399,888
1 studio sale 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
4023-bedAED 1.3M · Oct 2024
4031-bedAED 591K · Oct 2015
4041-bedAED 577K · Oct 2015
4051-bedAED 603K · Oct 2015
4071-bedAED 570K · Oct 2015
4083-bedAED 1.25M · Dec 2024
1–7 of 13

406, Safi Apartments 2B in numbers

  • Sold 4 times: first on 18 October 2015 for AED 393,888, last on 16 March 2026 for AED 528,000 (AED 1,651 per sqft).
  • Rented since December 2019 on 8 Ejari contracts. The rent fell from AED 25,000 to AED 20,000 in 2021 and recovered to AED 38,502 by September 2026.
  • At AED 38,502 a year the gross yield on the 2026 price is 7.3%.
  • Studios in Safi Apartments 2B sold for AED 528,000–528,000 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 8 September 2026.

Questions about 406, Safi Apartments 2B

What did unit 406 last sell for?

AED 528,000 on 16 March 2026: AED 1,651 per sqft for 320 sqft. The unit has 4 registered sales; the first was AED 393,888 in October 2015.

What is the rent for unit 406?

AED 38,502 a year on the contract signed on 8 September 2026. The previous contract, from September 2025, was AED 38,502; the unit has been rented since December 2019.

How big is unit 406?

320 sqft (29.7 sqm): a studio on the 4th floor of a 7-storey tower completed in 2018.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 2B sold for AED 528,000 to 528,000 in the last 12 months, around AED 1,651 per sqft.

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Mortgage on 406, Safi Apartments 2B

Starts from the last sale price (AED 528K, 16 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 528,000
Deposit, UAE resident (20%)
AED 105,600
Deposit, non-resident (40%)
AED 211,200
Monthly over 25 years at 3.7%
AED 2,160

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