2-bed · 973 sqftSafi Apartments 2B, Town Square · 4th floor · completed 2018

409, Safi Apartments 2B

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

Unit 409 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 1.1M22 April 2025
Current rentAED 90K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Safi Apartments 2B

What is 409 worth today?

Last sold for AED 1,100,000 in 2025

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1 Nov 2026RentedRenewal
AED 90,000/yr6 months · AED 93 per sqft
1 Nov 2025RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
22 Apr 2025SoldReady
AED 1,100,000AED 1,130 per sqft
10 Dec 2024RentedRenewal
AED 55,212/yr11 months · AED 57 per sqft
19 Aug 2024SoldReady
AED 870,000AED 894 per sqft
10 Dec 2023RentedRenewal
AED 55,000/yr12 months · AED 57 per sqft
10 Jun 2023RentedRenewal
AED 50,000/yr6 months · AED 51 per sqft
10 Dec 2022RentedRenewal
AED 50,000/yr6 months · AED 51 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
973 sqft
Floor
4th of 7
Parking
P-151
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.1M · April 2025

About 409, Safi Apartments 2B

409 is a two-bedroom apartment of 973 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 22 April 2025 for AED 1,100,000, or AED 1,130 per sqft, 26% above the AED 896 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 90,000 a year: a gross yield of 8.2% on the 2025 price.

Sales and rents for 409 over time

Sales
Unit 409, 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 835,888 (AED 859 per sqft)Sold, August 2024: AED 870,000 (AED 894 per sqft)Sold, April 2025: AED 1,100,000 (AED 1,130 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Safi Apartments 2B
50K75K201920222025Typical 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, September 2019: AED 50,000 a yearNew contract, November 2020: AED 42,000 a yearNew contract, December 2021: AED 42,000 a yearRenewal, December 2022: AED 50,000 a yearRenewal, June 2023: AED 50,000 a yearRenewal, December 2023: AED 55,000 a yearRenewal, December 2024: AED 55,212 a yearNew contract, November 2025: AED 85,000 a yearRenewal, November 2026: AED 90,000 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 409 sits

All 39 2-beds →

409 last sold in April 2025 at AED 1,130 per sqft, 26% above what two-beds in Safi Apartments 2B were fetching at the time (AED 896). 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. 409's AED 90,000 is in the upper 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
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
406StudioAED 528K · Mar 2026
4071-bedAED 570K · Oct 2015
1–7 of 13

409, Safi Apartments 2B in numbers

  • Sold 3 times: first on 18 October 2015 for AED 835,888, last on 22 April 2025 for AED 1,100,000 (AED 1,130 per sqft).
  • Rented since September 2019 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2021 and recovered to AED 90,000 by November 2026.
  • At AED 90,000 a year the gross yield on the 2025 price is 8.2%.
  • 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 1 November 2026.

Questions about 409, Safi Apartments 2B

What did unit 409 last sell for?

AED 1,100,000 on 22 April 2025: AED 1,130 per sqft for 973 sqft. The unit has 3 registered sales; the first was AED 835,888 in October 2015.

What is the rent for unit 409?

AED 90,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 85,000; the unit has been rented since September 2019.

How big is unit 409?

973 sqft (90.4 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2018.

What is unit 409 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 409, Safi Apartments 2B

Starts from the last sale price (AED 1.1M, 22 April 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 →