3-bed · 2,593 sqftSafi Apartments 1A, Town Square · 6th floor · completed 2018

615, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 615 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 1.42M4 August 2020
Current rentAED 105K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, Safi Apartments 1A

What is 615 worth today?

Last sold for AED 1,421,888 in 2020

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15 Jul 2026RentedNew contract
AED 105,000/yr12 months · AED 40 per sqft
15 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 40 per sqft
15 Jul 2025RentedRenewal
AED 105,000/yr12 months · AED 40 per sqft
15 Jul 2024RentedRenewal
AED 100,000/yr12 months · AED 39 per sqft
15 Jul 2023RentedNew contract
AED 100,000/yr12 months · AED 39 per sqft
10 Dec 2022RentedNew contract
AED 67,000/yr12 months · AED 26 per sqft
10 Dec 2021RentedRenewal
AED 67,000/yr12 months · AED 26 per sqft
10 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 24 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
3-bed apartment
Size
2,593 sqft
Floor
6th of 7
Parking
P-290
Developer
Nshmi Development
Completed
2018
Service charge
AED 39,600 /yr
Last sold
AED 1.42M · August 2020

About 615, Safi Apartments 1A

615 is a three-bedroom apartment of 2,593 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 4 August 2020 for AED 1,421,888, or AED 548 per sqft, 24% below the AED 718 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 15 July 2026, is AED 105,000 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 39,600 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, August 2020: AED 1,421,888 (AED 548 per sqft)

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

Rents
Unit 615, each contractTypical three-bed in Safi Apartments 1A
100K201920222025Typical 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, December 2020: AED 62,000 a yearRenewal, December 2021: AED 67,000 a yearNew contract, December 2022: AED 67,000 a yearNew contract, July 2023: AED 100,000 a yearRenewal, July 2024: AED 100,000 a yearRenewal, July 2025: AED 105,000 a yearRenewal, July 2025: AED 105,000 a yearNew contract, July 2026: AED 105,000 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 615 sits

All 38 3-beds →

615 last sold in August 2020 at AED 548 per sqft, 24% below what three-beds in Safi Apartments 1A were fetching at the time (AED 718). 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. 615's AED 105,000 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

615, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 4 August 2020 for AED 1,421,888, or AED 548 per sqft.
  • Rented since December 2020 on 8 Ejari contracts, from AED 62,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 39,600 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 15 July 2026.

Questions about 615, Safi Apartments 1A

What did unit 615 last sell for?

AED 1,421,888 on 4 August 2020, sold by the developer: AED 548 per sqft for 2,593 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 105,000 a year on the contract signed on 15 July 2026. The previous contract, from July 2025, was AED 105,000; the unit has been rented since December 2020.

How big is unit 615?

2,593 sqft (240.9 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 615 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 615, Safi Apartments 1A

Starts from the last sale price (AED 1.42M, 4 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,888
Deposit, UAE resident (20%)
AED 284,378
Deposit, non-resident (40%)
AED 568,755
Monthly over 25 years at 3.7%
AED 5,817

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