509, Safi Apartments 2B
Sold prices and rental history: sold twice, last in September 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 509, Safi Apartments 2B
What is 509 worth today?
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Source: Dubai Land Department. Updated 5 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 973 sqft
- Floor
- 5th of 7
- Parking
- P-145
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 840K · September 2024
- Building
- Safi Apartments 2B
About 509, Safi Apartments 2B
509 is a two-bedroom apartment of 973 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 4 September 2024 for AED 840,000, or AED 863 per sqft, in line with the AED 872 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 59,225 a year: a gross yield of 7.0% on the 2024 price.
Sales and rents for 509 over time
509 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 509 sits
All 39 2-beds →509 last sold in September 2024 at AED 863 per sqft, in line with what two-beds in Safi Apartments 2B were fetching at the time (AED 872). 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. 509's AED 59,225 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | |
| 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 |
509, Safi Apartments 2B in numbers
- Sold twice: first on 12 October 2015 for AED 835,888, last on 4 September 2024 for AED 840,000 (AED 863 per sqft).
- Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 59,225 by September 2024.
- At AED 59,225 a year the gross yield on the 2024 price is 7.0%.
- 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 5 September 2024.
Questions about 509, Safi Apartments 2B
What did unit 509 last sell for?
AED 840,000 on 4 September 2024: AED 863 per sqft for 973 sqft. The unit has 2 registered sales; the first was AED 835,888 in October 2015.
What is the rent for unit 509?
AED 59,225 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 51,500; the unit has been rented since September 2019.
How big is unit 509?
973 sqft (90.4 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 509 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 509, Safi Apartments 2B
Starts from the last sale price (AED 840K, 4 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →