501, Safi Apartments 2B
Sold prices and rental history: sold twice, last in December 2024, 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 501, Safi Apartments 2B
What is 501 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 929 sqft
- Floor
- 5th of 7
- Parking
- P-144
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 820K · December 2024
- Building
- Safi Apartments 2B
About 501, Safi Apartments 2B
501 is a two-bedroom apartment of 929 sqft on the 5th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 17 December 2024 for AED 820,000, or AED 883 per sqft, in line with the AED 894 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 20 September 2026, is AED 85,000 a year: a gross yield of 10.4% on the 2024 price.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 39 2-beds →501 last sold in December 2024 at AED 883 per sqft, in line with what two-beds in Safi Apartments 2B were fetching at the time (AED 894). 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. 501's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Aug 202614 August 2026 | 943 sqft | 1,180,000 | 1,251 | ||
| 7 Aug 20267 August 2026 | 1,232 sqft | 1,148,720 | 932 | ||
| 6 May 20256 May 2025 | 1,074 sqft | 1,170,000 | 1,089 | ||
| 29 Apr 202529 April 2025 | 1,076 sqft | 1,075,000 | 999 |
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 5th floor
All 89 units in Safi Apartments 2B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 1,418 sqft | AED 1.3MAED 1,300,000 · Aug 2024August 2024 | 120,000 /yr | |
| 503 | 1-bed | 633 sqft | AED 591KAED 590,888 · Oct 2015October 2015 | 34,500 /yr | |
| 504 | 1-bed | 614 sqft | AED 578KAED 577,888 · Oct 2015October 2015 | 41,658 /yr | |
| 505 | 1-bed | 673 sqft | AED 603KAED 602,888 · Oct 2015October 2015 | 41,658 /yr | |
| 506 | Studio | 320 sqft | AED 400KAED 400,000 · May 2025May 2025 | 38,000 /yr | |
| 507 | 1-bed | 596 sqft | AED 571KAED 570,888 · Oct 2015October 2015 | 41,658 /yr | |
| 508 | 3-bed | 1,408 sqft | AED 1.25MAED 1,250,000 · Sep 2024September 2024 | 110,000 /yr | |
| 509 | 2-bed | 973 sqft | AED 840KAED 840,000 · Sep 2024September 2024 | 59,225 /yr | |
| 510 | 2-bed | 894 sqft | AED 800KAED 800,000 · Sep 2024September 2024 | 55,650 /yr | |
| 511 | 3-bed | 1,361 sqft | AED 1.25MAED 1,250,000 · Aug 2024August 2024 | 95,700 /yr | |
| 512 | 2-bed | 1,076 sqft | AED 1.08MAED 1,075,000 · Apr 2025April 2025 | 85,051 /yr | |
| 513 | 2-bed | 904 sqft | AED 810KAED 810,000 · Sep 2024September 2024 | 62,500 /yr | |
| 514 | 2-bed | 943 sqft | AED 850KAED 850,000 · Oct 2024October 2024 | 82,000 /yr |
501, Safi Apartments 2B in numbers
- Sold twice: first on 18 October 2015 for AED 867,888, last on 17 December 2024 for AED 820,000 (AED 883 per sqft).
- Rented since September 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 42,000 in 2021 and recovered to AED 85,000 by September 2026.
- At AED 85,000 a year the gross yield on the 2024 price is 10.4%.
- 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 20 September 2026.
Questions about 501, Safi Apartments 2B
What did unit 501 last sell for?
AED 820,000 on 17 December 2024: AED 883 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 867,888 in October 2015.
What is the rent for unit 501?
AED 85,000 a year on the contract renewed on 20 September 2026. The previous contract, from July 2026, was AED 78,000; the unit has been rented since September 2019.
How big is unit 501?
929 sqft (86.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 501 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 501, Safi Apartments 2B
Starts from the last sale price (AED 820K, 17 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →