506, Safi Apartments 2B
Sold prices and rental history: sold twice, last in May 2025, 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 506, Safi Apartments 2B
What is 506 worth today?
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Source: Dubai Land Department. Updated 13 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 320 sqft
- Floor
- 5th of 7
- Parking
- G-110
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 400K · May 2025
- Building
- Safi Apartments 2B
About 506, Safi Apartments 2B
506 is a studio of 320 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 29 May 2025 for AED 400,000, or AED 1,251 per sqft, 5% below the AED 1,313 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 13 October 2025, is AED 38,000 a year: a gross yield of 9.5% on the 2025 price.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the studio median of each year in the building.
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 506 sits
All 8 studios →506 last sold in May 2025 at AED 1,251 per sqft, 5% below what studios in Safi Apartments 2B were fetching at the time (AED 1,313). 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. 506's AED 38,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Mar 202616 March 2026 | 320 sqft | 528,000 | 1,651 | ||
| 30 Jul 202530 July 2025 | 320 sqft | 500,000 | 1,564 | ||
| 27 Mar 202527 March 2025 | 320 sqft | 490,000 | 1,532 | ||
| 19 Sep 202419 September 2024 | 320 sqft | 420,000 | 1,313 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 929 sqft | AED 820KAED 820,000 · Dec 2024December 2024 | 85,000 /yr | |
| 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 | |
| 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 |
506, Safi Apartments 2B in numbers
- Sold twice: first on 12 October 2015 for AED 396,888, last on 29 May 2025 for AED 400,000 (AED 1,251 per sqft).
- Rented since December 2019 on 6 Ejari contracts, from AED 25,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2025 price is 9.5%.
- 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 13 October 2025.
Questions about 506, Safi Apartments 2B
What did unit 506 last sell for?
AED 400,000 on 29 May 2025: AED 1,251 per sqft for 320 sqft. The unit has 2 registered sales; the first was AED 396,888 in October 2015.
What is the rent for unit 506?
AED 38,000 a year on the contract signed on 13 October 2025. The previous contract, from August 2024, was AED 37,000; the unit has been rented since December 2019.
How big is unit 506?
320 sqft (29.7 sqm): a studio on the 5th floor of a 7-storey tower completed in 2018.
What is unit 506 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 506, Safi Apartments 2B
Starts from the last sale price (AED 400K, 29 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →