1-bed · 573 sqftSafi Apartments 1A, Town Square · 6th floor · completed 2018

617, Safi Apartments 1A

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 28 September 2025
Last soldAED 645K23 August 2024
Current rentAED 60K /yr28 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Safi Apartments 1A

What is 617 worth today?

Last sold for AED 645,000 in 2024

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28 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 105 per sqft
10 Oct 2024RentedNew contract
AED 63,000/yr12 months · AED 110 per sqft
23 Aug 2024SoldReady
AED 645,000AED 1,126 per sqft
1 Jul 2023RentedRenewal
AED 44,000/yr12 months · AED 77 per sqft
9 Jan 2023SoldReady
AED 525,000AED 916 per sqft
1 Jul 2022RentedRenewal
AED 40,000/yr12 months · AED 70 per sqft
1 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft
1 Jul 2021RentedNew contract
AED 40,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 28 September 2025.

Key facts

Type
1-bed apartment
Size
573 sqft
Floor
6th of 7
Parking
G-240
Developer
Nshmi Development
Completed
2018
Service charge
AED 8,700 /yr
Last sold
AED 645K · August 2024

About 617, Safi Apartments 1A

617 is a one-bedroom apartment of 573 sqft on the 6th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 23 August 2024 for AED 645,000, or AED 1,126 per sqft, in line with the AED 1,126 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 28 September 2025, is AED 60,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 8,700 a year.

Sales and rents for 617 over time

Sales
Unit 617, each saleTypical one-bed in Safi Apartments 1A
600K800K2015201820212024Typical sale price by year: 2015 AED 569,388; 2023 AED 562,500; 2024 AED 677,500; 2025 AED 828,000Sold by developer, May 2016: AED 611,888 (AED 1,068 per sqft)Sold, January 2023: AED 525,000 (AED 916 per sqft)Sold, August 2024: AED 645,000 (AED 1,126 per sqft)

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

Rents
Unit 617, each contractTypical one-bed in Safi Apartments 1A
40K60K20192021202320252027Typical rent by year: 2019 AED 39,500; 2020 AED 32,000; 2021 AED 33,000; 2022 AED 37,975; 2023 AED 42,075; 2024 AED 50,000; 2025 AED 58,000; 2026 AED 62,500New contract, July 2021: AED 40,000 a yearRenewal, July 2022: AED 40,000 a yearNew contract, July 2022: AED 40,000 a yearRenewal, July 2023: AED 44,000 a yearNew contract, October 2024: AED 63,000 a yearNew contract, September 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 1A, and where 617 sits

All 17 1-beds →

617 last sold in August 2024 at AED 1,126 per sqft, in line with what one-beds in Safi Apartments 1A were fetching at the time (AED 1,126). Over the last 12 months one-beds sold for AED 750,000 to 850,000, around AED 1,161 per sqft, and rent for AED 47,335 to 85,000 a year. 617's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 2026850,000
25 Nov 2025750,000
8 Oct 2025950,000
11 Jun 2025828,000
2 1-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

617, Safi Apartments 1A in numbers

  • Sold 3 times: first on 25 May 2016 for AED 611,888, last on 23 August 2024 for AED 645,000 (AED 1,126 per sqft).
  • Rented since July 2021 on 6 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 8,700 a year (AED 15.28 per sqft).
  • One-beds in Safi Apartments 1A sold for AED 750,000–850,000 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 28 September 2025.

Questions about 617, Safi Apartments 1A

What did unit 617 last sell for?

AED 645,000 on 23 August 2024: AED 1,126 per sqft for 573 sqft. The unit has 3 registered sales; the first was AED 611,888 in May 2016.

What is the rent for unit 617?

AED 60,000 a year on the contract signed on 28 September 2025. The previous contract, from October 2024, was AED 63,000; the unit has been rented since July 2021.

How big is unit 617?

573 sqft (53.2 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 617 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 1A sold for AED 750,000 to 850,000 in the last 12 months, around AED 1,161 per sqft.

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Mortgage on 617, Safi Apartments 1A

Starts from the last sale price (AED 645K, 23 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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