2-bed · 887 sqftSafi Apartments 1B, Town Square · 6th floor · completed 2018

608, 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 608 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 767K25 October 2015
Current rentAED 64K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Safi Apartments 1B

What is 608 worth today?

Last sold for AED 766,888 in 2015

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1 Jul 2025RentedRenewal
AED 63,525/yr12 months · AED 72 per sqft
1 Jul 2025RentedRenewal
AED 63,525/yr12 months · AED 72 per sqft
1 Jul 2024RentedRenewal
AED 63,525/yr12 months · AED 72 per sqft
1 Jul 2023RentedRenewal
AED 57,750/yr12 months · AED 65 per sqft
1 Jul 2022RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
1 Jul 2021RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
27 Jul 2020RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
27 Jul 2019RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
887 sqft
Floor
6th of 7
Parking
P-355
Developer
Nshmi Development
Completed
2018
Last sold
AED 767K · October 2015

About 608, Safi Apartments 1B

608 is a two-bedroom apartment of 887 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 25 October 2015 for AED 766,888, or AED 864 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 63,525 a year: a gross yield of 8.3% on the 2015 price.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 813,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,160,000; 2026 AED 1,190,000Sold by developer, October 2015: AED 766,888 (AED 864 per sqft)

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

Rents
Unit 608, each contractTypical two-bed in Safi Apartments 1B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,750; 2023 AED 55,220; 2024 AED 68,250; 2025 AED 78,750; 2026 AED 80,000New contract, July 2019: AED 50,000 a yearNew contract, July 2020: AED 50,000 a yearNew contract, July 2021: AED 45,000 a yearNew contract, July 2022: AED 55,000 a yearRenewal, July 2023: AED 57,750 a yearRenewal, July 2024: AED 63,525 a yearRenewal, July 2025: AED 63,525 a yearRenewal, July 2025: AED 63,525 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 1B, and where 608 sits

All 67 2-beds →

608 last sold in October 2015 at AED 864 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 874). Over the last 12 months two-beds sold for AED 987,000 to 1,200,000, around AED 1,276 per sqft, and rent for AED 61,365 to 115,000 a year. 608's AED 63,525 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20261,030,000
4 Sep 20261,100,000
15 May 2026987,000
13 Mar 20261,200,000
10 2-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
6051-bedAED 562K · Oct 2015
6063-bedAED 1.01M · Jul 2020
6072-bedAED 1.1M · Jun 2025
1–7 of 22

608, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 766,888, or AED 864 per sqft.
  • Rented since July 2019 on 8 Ejari contracts, from AED 50,000 to AED 63,525 a year.
  • At AED 63,525 a year the gross yield on the 2015 price is 8.3%.
  • Two-beds in Safi Apartments 1B sold for AED 987,000–1,200,000 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 1 July 2025.

Questions about 608, Safi Apartments 1B

What did unit 608 last sell for?

AED 766,888 on 25 October 2015, sold by the developer: AED 864 per sqft for 887 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 63,525 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 63,525; the unit has been rented since July 2019.

How big is unit 608?

887 sqft (82.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 608 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 1B sold for AED 987,000 to 1,200,000 in the last 12 months, around AED 1,276 per sqft.

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Mortgage on 608, Safi Apartments 1B

Starts from the last sale price (AED 767K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 766,888
Deposit, UAE resident (20%)
AED 153,378
Deposit, non-resident (40%)
AED 306,755
Monthly over 25 years at 3.7%
AED 3,138

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