1-bed · 614 sqftSafi Apartments 2B, Town Square · 5th floor · completed 2018

504, 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.

Unit 504 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 578K18 October 2015
Current rentAED 42K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Safi Apartments 2B

What is 504 worth today?

Last sold for AED 577,888 in 2015

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1 Nov 2025RentedRenewal
AED 41,658/yr12 months · AED 67 per sqft
1 Nov 2024RentedRenewal
AED 39,675/yr12 months · AED 64 per sqft
1 Nov 2023RentedRenewal
AED 34,500/yr12 months · AED 55 per sqft
1 Nov 2022RentedRenewal
AED 30,000/yr12 months · AED 48 per sqft
1 Nov 2021RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Nov 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
18 Oct 2015Sold by developerOff-plan
AED 577,888AED 941 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
614 sqft
Floor
5th of 7
Parking
G-134
Developer
Nshmi Development
Completed
2018
Last sold
AED 578K · October 2015

About 504, Safi Apartments 2B

504 is a one-bedroom apartment of 614 sqft on the 5th 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 577,888, or AED 941 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 504 over time

Sales
Unit 504, each saleTypical one-bed in Safi Apartments 2B
500K550K2015201820212024Typical sale price by year: 2015 AED 577,388; 2025 AED 500,000Sold by developer, October 2015: AED 577,888 (AED 941 per sqft)

504 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 504, each contractTypical one-bed in Safi Apartments 2B
20K40K60K20192021202320252027Typical rent by year: 2019 AED 36,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 34,500; 2023 AED 36,225; 2024 AED 42,997; 2025 AED 45,850; 2026 AED 55,000New contract, September 2019: AED 35,000 a yearNew contract, November 2020: AED 25,000 a yearNew contract, November 2021: AED 25,000 a yearRenewal, November 2022: AED 30,000 a yearRenewal, November 2023: AED 34,500 a yearRenewal, November 2024: AED 39,675 a yearRenewal, November 2025: AED 41,658 a year

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 504 sits

All 19 1-beds →

504 last sold in October 2015 at AED 941 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. 504's AED 41,658 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 2026840,000
24 Nov 2025840,000
26 Jun 2025266,667
23 Jun 2025500,000
2 1-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 5th floor

All 89 units in Safi Apartments 2B
Value
5012-bedAED 820K · Dec 2024
5023-bedAED 1.3M · Aug 2024
5031-bedAED 591K · Oct 2015
5051-bedAED 603K · Oct 2015
506StudioAED 400K · May 2025
5071-bedAED 571K · Oct 2015
5083-bedAED 1.25M · Sep 2024
1–7 of 13

504, Safi Apartments 2B in numbers

  • Sold once: by Nshmi Development on 18 October 2015 for AED 577,888, or AED 941 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 504, Safi Apartments 2B

What did unit 504 last sell for?

AED 577,888 on 18 October 2015, sold by the developer: AED 941 per sqft for 614 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

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 504?

614 sqft (57.0 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 504 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 504, Safi Apartments 2B

Starts from the last sale price (AED 578K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 577,888
Deposit, UAE resident (20%)
AED 115,578
Deposit, non-resident (40%)
AED 231,155
Monthly over 25 years at 3.7%
AED 2,364

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