2-bed · 1,076 sqftSafi Apartments 2B, Town Square · 5th floor · completed 2018

512, Safi Apartments 2B

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 20 May 2026
Last soldAED 1.08M29 April 2025
Current rentAED 85K /yr20 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Safi Apartments 2B

What is 512 worth today?

Last sold for AED 1,075,000 in 2025

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20 May 2026RentedNew contract
AED 85,051/yr12 months · AED 79 per sqft
10 Oct 2025RentedRenewal
AED 71,155/yr7 months · AED 66 per sqft
29 Apr 2025SoldReady
AED 1,075,000AED 999 per sqft
10 Oct 2024RentedRenewal
AED 71,500/yr12 months · AED 66 per sqft
10 Oct 2024RentedNew contract
AED 71,500/yr12 months · AED 66 per sqft
30 Jul 2024SoldReady
AED 880,000AED 818 per sqft
10 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 60 per sqft
1 Oct 2022RentedNew contract
AED 62,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 May 2026.

Key facts

Type
2-bed apartment
Size
1,076 sqft
Floor
5th of 7
Parking
P-147
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.08M · April 2025

About 512, Safi Apartments 2B

512 is a two-bedroom apartment of 1,076 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 April 2025 for AED 1,075,000, or AED 999 per sqft, 11% above the AED 896 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 20 May 2026, is AED 85,051 a year: a gross yield of 7.9% on the 2025 price.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical two-bed in Safi Apartments 2B
800K1M2015201820212024Typical sale price by year: 2015 AED 849,388; 2016 AED 834,388; 2020 AED 794,888; 2023 AED 800,000; 2024 AED 850,000; 2025 AED 1,100,000Sold by developer, October 2015: AED 946,888 (AED 880 per sqft)Sold, July 2024: AED 880,000 (AED 818 per sqft)Sold, April 2025: AED 1,075,000 (AED 999 per sqft)

512 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 512, each contractTypical two-bed in Safi Apartments 2B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 55,440; 2024 AED 62,500; 2025 AED 68,250; 2026 AED 80,000New contract, August 2019: AED 53,000 a yearRenewal, August 2020: AED 48,000 a yearNew contract, August 2021: AED 48,000 a yearNew contract, October 2022: AED 62,000 a yearNew contract, October 2023: AED 65,000 a yearRenewal, October 2024: AED 71,500 a yearNew contract, October 2024: AED 71,500 a yearRenewal, October 2025: AED 71,155 a yearNew contract, May 2026: AED 85,051 a year

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 512 sits

All 39 2-beds →

512 last sold in April 2025 at AED 999 per sqft, 11% above what two-beds in Safi Apartments 2B were fetching at the time (AED 896). 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. 512's AED 85,051 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20261,180,000
7 Aug 20261,148,720
6 May 20251,170,000
22 Apr 20251,100,000
2 2-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
5041-bedAED 578K · Oct 2015
5051-bedAED 603K · Oct 2015
506StudioAED 400K · May 2025
5071-bedAED 571K · Oct 2015
1–7 of 13

512, Safi Apartments 2B in numbers

  • Sold 3 times: first on 18 October 2015 for AED 946,888, last on 29 April 2025 for AED 1,075,000 (AED 999 per sqft).
  • Rented since August 2019 on 9 Ejari contracts, from AED 53,000 to AED 85,051 a year.
  • At AED 85,051 a year the gross yield on the 2025 price is 7.9%.
  • 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 May 2026.

Questions about 512, Safi Apartments 2B

What did unit 512 last sell for?

AED 1,075,000 on 29 April 2025: AED 999 per sqft for 1,076 sqft. The unit has 3 registered sales; the first was AED 946,888 in October 2015.

What is the rent for unit 512?

AED 85,051 a year on the contract signed on 20 May 2026. The previous contract, from October 2025, was AED 71,155; the unit has been rented since August 2019.

How big is unit 512?

1,076 sqft (100.0 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 512 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 512, Safi Apartments 2B

Starts from the last sale price (AED 1.08M, 29 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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