Studio · 319 sqftSafi Apartments 1B, Town Square · 6th floor · completed 2018

604, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 380K13 October 2015
Current rentAED 35K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Safi Apartments 1B

What is 604 worth today?

Last sold for AED 379,888 in 2015

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10 Jul 2026RentedRenewal
AED 35,000/yr12 months · AED 112 per sqft
10 Jul 2025RentedRenewal
AED 33,000/yr12 months · AED 106 per sqft
10 Jul 2025RentedRenewal
AED 33,000/yr12 months · AED 106 per sqft
10 Jul 2024RentedRenewal
AED 30,000/yr12 months · AED 96 per sqft
10 Jul 2023RentedRenewal
AED 24,200/yr12 months · AED 75 per sqft
10 Jul 2022RentedNew contract
AED 22,000/yr12 months · AED 68 per sqft
10 Oct 2020RentedRenewal
AED 20,000/yr12 months · AED 62 per sqft
13 Oct 2015Sold by developerOff-plan
AED 379,888AED 1,190 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
319 sqft
Floor
6th of 7
Parking
G-271
Developer
Nshmi Development
Completed
2018
Last sold
AED 380K · October 2015

About 604, Safi Apartments 1B

604 is a studio of 319 sqft on the 6th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 13 October 2015 for AED 379,888, or AED 1,190 per sqft, 6% above the AED 1,118 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 35,000 a year: a gross yield of 9.2% on the 2015 price.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical studio in Safi Apartments 1B
350K400K450K2015201820212024Typical sale price by year: 2015 AED 365,888; 2016 AED 422,888; 2019 AED 400,888; 2020 AED 359,944; 2024 AED 450,000; 2025 AED 390,000Sold by developer, October 2015: AED 379,888 (AED 1,190 per sqft)

604 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 604, each contractTypical studio in Safi Apartments 1B
20K30K40K201920222025Typical rent by year: 2019 AED 26,000; 2020 AED 22,500; 2021 AED 22,000; 2022 AED 27,000; 2023 AED 28,321; 2024 AED 34,500; 2025 AED 36,000; 2026 AED 37,000Renewal, October 2020: AED 20,000 a yearNew contract, July 2022: AED 22,000 a yearRenewal, July 2023: AED 24,200 a yearRenewal, July 2024: AED 30,000 a yearRenewal, July 2025: AED 33,000 a yearRenewal, July 2025: AED 33,000 a yearRenewal, July 2026: AED 35,000 a year

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

Studios in Safi Apartments 1B, and where 604 sits

All 22 studios →

604 last sold in October 2015 at AED 1,190 per sqft, 6% above what studios in Safi Apartments 1B were fetching at the time (AED 1,118). Over the last 12 months studios sold for AED 525,000 to 528,000, around AED 1,631 per sqft, and rent for AED 30,000 to 42,000 a year. 604's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Mar 2026525,000
16 Mar 2026528,000
18 Sep 2025450,000
24 Jul 2025390,000
2 studio sales in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,276 Up 8.0%
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.1%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 6th floor

All 181 units in Safi Apartments 1B
Value
6012-bedAED 1.03M · Oct 2026
6023-bedAED 1.98M · Apr 2025
6032-bedAED 806K · Oct 2015
6051-bedAED 562K · Oct 2015
6063-bedAED 1.01M · Jul 2020
6072-bedAED 1.1M · Jun 2025
6082-bedAED 767K · Oct 2015
1–7 of 22

604, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 13 October 2015 for AED 379,888, or AED 1,190 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 20,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 9.2%.
  • Studios in Safi Apartments 1B sold for AED 525,000–528,000 in the 12 months to November 2026; the building's median across all types is AED 1,276 per sqft.

Source: Dubai Land Department. Updated 10 July 2026.

Questions about 604, Safi Apartments 1B

What did unit 604 last sell for?

AED 379,888 on 13 October 2015, sold by the developer: AED 1,190 per sqft for 319 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 35,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 33,000; the unit has been rented since October 2020.

How big is unit 604?

319 sqft (29.6 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safi Apartments 1B sold for AED 525,000 to 528,000 in the last 12 months, around AED 1,631 per sqft.

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Mortgage on 604, Safi Apartments 1B

Starts from the last sale price (AED 380K, 13 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 379,888
Deposit, UAE resident (20%)
AED 75,978
Deposit, non-resident (40%)
AED 151,955
Monthly over 25 years at 3.7%
AED 1,554

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