1-bed · 596 sqftSafi Apartments 1B, Town Square · 6th floor · completed 2018

605, Safi Apartments 1B

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 605 · DLD and Ejari recordsUpdated 14 October 2025
Last soldAED 562K12 October 2015
Current rentAED 60K /yr14 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Safi Apartments 1B

What is 605 worth today?

Last sold for AED 561,888 in 2015

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14 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
1 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 101 per sqft
15 May 2025RentedRenewal
AED 59,000/yr12 months · AED 99 per sqft
15 May 2025RentedRenewal
AED 59,000/yr12 months · AED 99 per sqft
15 May 2024RentedNew contract
AED 59,000/yr12 months · AED 99 per sqft
1 Jan 2023RentedNew contract
AED 45,000/yr12 months · AED 76 per sqft
20 Sep 2020RentedRenewal
AED 33,000/yr12 months · AED 56 per sqft
20 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 14 October 2025.

Key facts

Type
1-bed apartment
Size
596 sqft
Floor
6th of 7
Parking
P-388
Developer
Nshmi Development
Completed
2018
Last sold
AED 562K · October 2015

About 605, Safi Apartments 1B

605 is a one-bedroom apartment of 596 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 12 October 2015 for AED 561,888, or AED 942 per sqft, 4% above the AED 907 one-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 14 October 2025, is AED 60,000 a year: a gross yield of 10.7% on the 2015 price.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Safi Apartments 1B
400K600K2015201820212024Typical sale price by year: 2015 AED 567,888; 2016 AED 582,888; 2019 AED 540,000; 2021 AED 417,434; 2023 AED 499,000; 2024 AED 715,000; 2025 AED 737,500Sold by developer, October 2015: AED 561,888 (AED 942 per sqft)

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

Rents
Unit 605, each contractTypical one-bed in Safi Apartments 1B
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 34,000; 2021 AED 33,000; 2022 AED 38,000; 2023 AED 42,650; 2024 AED 50,000; 2025 AED 59,000; 2026 AED 60,000New contract, September 2019: AED 36,000 a yearRenewal, September 2020: AED 33,000 a yearNew contract, January 2023: AED 45,000 a yearNew contract, May 2024: AED 59,000 a yearRenewal, May 2025: AED 59,000 a yearRenewal, May 2025: AED 59,000 a yearNew contract, October 2025: AED 60,000 a yearNew contract, October 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 1B, and where 605 sits

All 55 1-beds →

605 last sold in October 2015 at AED 942 per sqft, 4% above what one-beds in Safi Apartments 1B were fetching at the time (AED 907). 605's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2025750,000
28 May 2025705,000
12 Mar 2025750,000
3 Feb 2025725,000
0 1-bed 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
604StudioAED 380K · Oct 2015
6063-bedAED 1.01M · Jul 2020
6072-bedAED 1.1M · Jun 2025
6082-bedAED 767K · Oct 2015
1–7 of 22

605, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 12 October 2015 for AED 561,888, or AED 942 per sqft.
  • Rented since September 2019 on 8 Ejari contracts, from AED 36,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 10.7%.

Source: Dubai Land Department. Updated 14 October 2025.

Questions about 605, Safi Apartments 1B

What did unit 605 last sell for?

AED 561,888 on 12 October 2015, sold by the developer: AED 942 per sqft for 596 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 60,000 a year on the contract signed on 14 October 2025. The previous contract, from October 2025, was AED 60,000; the unit has been rented since September 2019.

How big is unit 605?

596 sqft (55.4 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 605, Safi Apartments 1B

Starts from the last sale price (AED 562K, 12 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 561,888
Deposit, UAE resident (20%)
AED 112,378
Deposit, non-resident (40%)
AED 224,755
Monthly over 25 years at 3.7%
AED 2,299

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