2-bed · 937 sqftSafi Apartments 1A, Town Square · 6th floor · completed 2018

616, Safi Apartments 1A

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 839K13 October 2015
Current rentAED 85K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 616, Safi Apartments 1A

What is 616 worth today?

Last sold for AED 838,888 in 2015

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1 Jun 2026RentedNew contract
AED 85,000/yr12 months · AED 91 per sqft
16 Aug 2025RentedRenewal
AED 82,000/yr12 months · AED 88 per sqft
16 Aug 2024RentedNew contract
AED 82,000/yr12 months · AED 88 per sqft
14 Aug 2023RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
1 Aug 2022RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
1 Aug 2021RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
1 Aug 2020RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
1 Aug 2019RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
6th of 7
Parking
P-335
Developer
Nshmi Development
Completed
2018
Service charge
AED 14,300 /yr
Last sold
AED 839K · October 2015

About 616, Safi Apartments 1A

616 is a two-bedroom apartment of 937 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 13 October 2015 for AED 838,888, or AED 895 per sqft, 5% above the AED 849 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 1 June 2026, is AED 85,000 a year: a gross yield of 10.1% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 616 over time

Sales
Unit 616, each saleTypical two-bed in Safi Apartments 1A
750K1M20152018202120242027Typical sale price by year: 2015 AED 801,388; 2016 AED 881,888; 2018 AED 803,888; 2019 AED 660,000; 2020 AED 665,000; 2021 AED 650,000; 2022 AED 730,000; 2023 AED 800,000; 2024 AED 920,000; 2025 AED 1,100,000; 2026 AED 1,087,500Sold by developer, October 2015: AED 838,888 (AED 895 per sqft)

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

Rents
Unit 616, each contractTypical two-bed in Safi Apartments 1A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 60,084; 2024 AED 70,068; 2025 AED 80,000; 2026 AED 80,000New contract, August 2019: AED 55,000 a yearRenewal, August 2020: AED 46,000 a yearRenewal, August 2021: AED 46,000 a yearRenewal, August 2022: AED 52,000 a yearNew contract, August 2023: AED 70,000 a yearNew contract, August 2024: AED 82,000 a yearRenewal, August 2025: AED 82,000 a yearNew contract, June 2026: AED 85,000 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 1A, and where 616 sits

All 97 2-beds →

616 last sold in October 2015 at AED 895 per sqft, 5% above what two-beds in Safi Apartments 1A were fetching at the time (AED 849). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,197 per sqft, and rent for AED 60,000 to 110,000 a year. 616's AED 85,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,075,000
26 Oct 20261,175,000
10 Sep 20261,200,000
3 Jun 20261,025,000
13 2-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

616, Safi Apartments 1A in numbers

  • Sold once: by Nshmi Development on 13 October 2015 for AED 838,888, or AED 895 per sqft.
  • Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 46,000 in 2021 and recovered to AED 85,000 by June 2026.
  • At AED 85,000 a year the gross yield on the 2015 price is 10.1%, before a service charge of about AED 14,300 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 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 1 June 2026.

Questions about 616, Safi Apartments 1A

What did unit 616 last sell for?

AED 838,888 on 13 October 2015, sold by the developer: AED 895 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 85,000 a year on the contract signed on 1 June 2026. The previous contract, from August 2025, was AED 82,000; the unit has been rented since August 2019.

How big is unit 616?

937 sqft (87.1 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 616 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 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,197 per sqft.

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Mortgage on 616, Safi Apartments 1A

Starts from the last sale price (AED 839K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 838,888
Deposit, UAE resident (20%)
AED 167,778
Deposit, non-resident (40%)
AED 335,555
Monthly over 25 years at 3.7%
AED 3,432

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