3-bed · 1,412 sqftSafi Apartments 1A, Town Square · 6th floor · completed 2018

612, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 12 February 2025
Last soldAED 1.2M21 June 2016
Current rentAED 91K /yr12 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Safi Apartments 1A

What is 612 worth today?

Last sold for AED 1,200,888 in 2016

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12 Feb 2025RentedRenewal
AED 91,346/yr10 months · AED 65 per sqft
12 Feb 2025RentedRenewal
AED 91,346/yr10 months · AED 65 per sqft
12 Feb 2024RentedRenewal
AED 92,000/yr12 months · AED 65 per sqft
12 Feb 2023RentedRenewal
AED 80,000/yr12 months · AED 57 per sqft
12 Feb 2022RentedNew contract
AED 80,000/yr12 months · AED 57 per sqft
10 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 42 per sqft
15 Nov 2019RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
21 Jun 2016Sold by developerOff-plan
AED 1,200,888AED 850 per sqft

Source: Dubai Land Department. Updated 12 February 2025.

Key facts

Type
3-bed apartment
Size
1,412 sqft
Floor
6th of 7
Parking
G-227
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,600 /yr
Last sold
AED 1.2M · June 2016

About 612, Safi Apartments 1A

612 is a three-bedroom apartment of 1,412 sqft on the 6th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 21 June 2016 for AED 1,200,888, or AED 850 per sqft, in line with the AED 834 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 12 February 2025, is AED 91,346 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 21,600 a year.

Sales and rents for 612 over time

Sales
Unit 612, each saleTypical three-bed in Safi Apartments 1A
1M1.5M20152018202120242027Typical sale price by year: 2015 AED 1,182,888; 2016 AED 1,171,888; 2017 AED 1,425,888; 2018 AED 1,175,388; 2020 AED 1,018,888; 2024 AED 1,450,000; 2025 AED 1,600,000; 2026 AED 1,765,000Sold by developer, June 2016: AED 1,200,888 (AED 850 per sqft)

612 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 612, each contractTypical three-bed in Safi Apartments 1A
50K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 65,000; 2021 AED 68,500; 2022 AED 74,750; 2023 AED 80,000; 2024 AED 91,100; 2025 AED 110,000; 2026 AED 120,000New contract, November 2019: AED 70,000 a yearNew contract, December 2020: AED 60,000 a yearNew contract, February 2022: AED 80,000 a yearRenewal, February 2023: AED 80,000 a yearRenewal, February 2024: AED 92,000 a yearRenewal, February 2025: AED 91,346 a yearRenewal, February 2025: AED 91,346 a year

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 1A, and where 612 sits

All 38 3-beds →

612 last sold in June 2016 at AED 850 per sqft, in line with what three-beds in Safi Apartments 1A were fetching at the time (AED 834). Over the last 12 months three-beds sold for AED 1,680,000 to 2,050,000, around AED 1,243 per sqft, and rent for AED 60,000 to 175,000 a year. 612's AED 91,346 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
22 Oct 20261,680,000
22 May 20262,050,000
10 Feb 20261,765,000
18 Sep 20251,650,000
3 3-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 19 sold in the last 12 months.

Typical price per sqft
AED 1,217 Up 9.9%
Typical sale
AED 1.1M
Typical rent
AED 80K /yr
Typical yield
7.1%
Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 6th floor

All 156 units in Safi Apartments 1A
Value
6012-bedAED 1.2M · Feb 2026
6023-bedAED 1.47M · Mar 2023
6032-bedAED 756K · Dec 2015
6042-bedAED 730K · May 2023
6053-bedAED 1.65M · Sep 2025
6062-bedAED 1.2M · Nov 2024
6072-bedAED 1.23M · Jan 2026
1–7 of 20

612, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 21 June 2016 for AED 1,200,888, or AED 850 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2020 and recovered to AED 91,346 by February 2025.
  • At AED 91,346 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 21,600 a year (AED 15.28 per sqft).
  • Three-beds in Safi Apartments 1A sold for AED 1,680,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,217 per sqft.

Source: Dubai Land Department. Updated 12 February 2025.

Questions about 612, Safi Apartments 1A

What did unit 612 last sell for?

AED 1,200,888 on 21 June 2016, sold by the developer: AED 850 per sqft for 1,412 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 91,346 a year on the contract renewed on 12 February 2025. The previous contract, from February 2025, was AED 91,346; the unit has been rented since November 2019.

How big is unit 612?

1,412 sqft (131.2 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 612 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 1A sold for AED 1,680,000 to 2,050,000 in the last 12 months, around AED 1,243 per sqft.

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Mortgage on 612, Safi Apartments 1A

Starts from the last sale price (AED 1.2M, 21 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,888
Deposit, UAE resident (20%)
AED 240,178
Deposit, non-resident (40%)
AED 480,355
Monthly over 25 years at 3.7%
AED 4,913

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