511, Safi Apartments 2B
Sold prices and rental history: sold twice, last in August 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 511, Safi Apartments 2B
What is 511 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,361 sqft
- Floor
- 5th of 7
- Parking
- P-160
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.25M · August 2024
- Building
- Safi Apartments 2B
About 511, Safi Apartments 2B
511 is a three-bedroom apartment of 1,361 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 19 August 2024 for AED 1,250,000, or AED 918 per sqft, in line with the AED 918 three-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 October 2025, is AED 95,700 a year: a gross yield of 7.7% on the 2024 price.
Sales and rents for 511 over time
511 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Safi Apartments 2B, and where 511 sits
All 23 3-beds →511 last sold in August 2024 at AED 918 per sqft, in line with what three-beds in Safi Apartments 2B were fetching at the time (AED 918). Over the last 12 months three-beds sold for AED 1,650,000 to 1,930,000, around AED 1,264 per sqft, and rent for AED 87,864 to 125,000 a year. 511's AED 95,700 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202623 April 2026 | 1,418 sqft | 1,930,000 | 1,360 | ||
| 13 Nov 202513 November 2025 | 1,413 sqft | 1,650,000 | 1,168 | ||
| 13 Jun 202513 June 2025 | 2,257 sqft | 1,860,000 | 824 | ||
| 16 Dec 202416 December 2024 | 1,408 sqft | 1,250,000 | 887 |
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 | |
| 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 | |
| 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 |
511, Safi Apartments 2B in numbers
- Sold twice: first on 12 October 2015 for AED 1,167,888, last on 19 August 2024 for AED 1,250,000 (AED 918 per sqft).
- Rented since October 2019 on 7 Ejari contracts, from AED 72,000 to AED 95,700 a year.
- At AED 95,700 a year the gross yield on the 2024 price is 7.7%.
- Three-beds in Safi Apartments 2B sold for AED 1,650,000–1,930,000 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 October 2025.
Questions about 511, Safi Apartments 2B
What did unit 511 last sell for?
AED 1,250,000 on 19 August 2024: AED 918 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,167,888 in October 2015.
What is the rent for unit 511?
AED 95,700 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 86,220; the unit has been rented since October 2019.
How big is unit 511?
1,361 sqft (126.4 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.
What is unit 511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 2B sold for AED 1,650,000 to 1,930,000 in the last 12 months, around AED 1,264 per sqft.
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Mortgage on 511, Safi Apartments 2B
Starts from the last sale price (AED 1.25M, 19 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,250,000
- Deposit, UAE resident (20%)
- AED 250,000
- Deposit, non-resident (40%)
- AED 500,000
- Monthly over 25 years at 3.7%
- AED 5,114
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →