2-bed · 943 sqftSafi Apartments 2B, Town Square · 5th floor · completed 2018

514, Safi Apartments 2B

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 20 October 2026
Last soldAED 850K31 October 2024
Current rentAED 82K /yr20 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Safi Apartments 2B

What is 514 worth today?

Last sold for AED 850,000 in 2024

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20 Oct 2026RentedRenewal
AED 82,000/yr12 months · AED 87 per sqft
20 Oct 2025RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft
28 Nov 2024RentedRenewal
AED 60,000/yr12 months · AED 64 per sqft
31 Oct 2024SoldReady
AED 850,000AED 901 per sqft
28 Nov 2023RentedRenewal
AED 53,200/yr12 months · AED 56 per sqft
28 Nov 2022RentedNew contract
AED 48,300/yr12 months · AED 51 per sqft
1 Aug 2021RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
15 Oct 2019RentedNew contract
AED 57,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 20 October 2026.

Key facts

Type
2-bed apartment
Size
943 sqft
Floor
5th of 7
Parking
P-149
Developer
Nshmi Development
Completed
2018
Last sold
AED 850K · October 2024

About 514, Safi Apartments 2B

514 is a two-bedroom apartment of 943 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 31 October 2024 for AED 850,000, or AED 901 per sqft, in line with the AED 894 two-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 20 October 2026, is AED 82,000 a year: a gross yield of 9.7% on the 2024 price.

Sales and rents for 514 over time

Sales
Unit 514, 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 867,888 (AED 920 per sqft)Sold, October 2024: AED 850,000 (AED 901 per sqft)

514 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 514, each contractTypical two-bed in Safi Apartments 2B
40K60K80K201920222025Typical 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, October 2019: AED 57,000 a yearNew contract, August 2021: AED 43,000 a yearNew contract, November 2022: AED 48,300 a yearRenewal, November 2023: AED 53,200 a yearRenewal, November 2024: AED 60,000 a yearNew contract, October 2025: AED 85,000 a yearRenewal, October 2026: AED 82,000 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 514 sits

All 39 2-beds →

514 last sold in October 2024 at AED 901 per sqft, in line with what two-beds in Safi Apartments 2B were fetching at the time (AED 894). 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. 514's AED 82,000 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
29 Apr 20251,075,000
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

514, Safi Apartments 2B in numbers

  • Sold twice: first on 12 October 2015 for AED 867,888, last on 31 October 2024 for AED 850,000 (AED 901 per sqft).
  • Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 43,000 in 2021 and recovered to AED 82,000 by October 2026.
  • At AED 82,000 a year the gross yield on the 2024 price is 9.7%.
  • 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 October 2026.

Questions about 514, Safi Apartments 2B

What did unit 514 last sell for?

AED 850,000 on 31 October 2024: AED 901 per sqft for 943 sqft. The unit has 2 registered sales; the first was AED 867,888 in October 2015.

What is the rent for unit 514?

AED 82,000 a year on the contract renewed on 20 October 2026. The previous contract, from October 2025, was AED 85,000; the unit has been rented since October 2019.

How big is unit 514?

943 sqft (87.6 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2018.

What is unit 514 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 514, Safi Apartments 2B

Starts from the last sale price (AED 850K, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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