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

611, 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 611 · DLD and Ejari recordsUpdated 2 July 2025
Last soldAED 771K29 October 2015
Current rentAED 80K /yr2 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Safi Apartments 1B

What is 611 worth today?

Last sold for AED 770,888 in 2015

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2 Jul 2025RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
2 Jul 2024RentedRenewal
AED 69,800/yr12 months · AED 79 per sqft
1 Jul 2023RentedNew contract
AED 66,322/yr12 months · AED 75 per sqft
14 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 Sep 2021RentedRenewal
AED 45,000/yr12 months · AED 51 per sqft
1 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
5 Aug 2019RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
29 Oct 2015Sold by developerOff-plan
AED 770,888AED 869 per sqft

Source: Dubai Land Department. Updated 2 July 2025.

Key facts

Type
2-bed apartment
Size
887 sqft
Floor
6th of 7
Parking
P-403
Developer
Nshmi Development
Completed
2018
Last sold
AED 771K · October 2015

About 611, Safi Apartments 1B

611 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 29 October 2015 for AED 770,888, or AED 869 per sqft, in line with the AED 872 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 2 July 2025, is AED 80,000 a year: a gross yield of 10.4% on the 2015 price.

Sales and rents for 611 over time

Sales
Unit 611, 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 770,888 (AED 869 per sqft)

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

Rents
Unit 611, 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, August 2019: AED 52,000 a yearNew contract, September 2020: AED 42,000 a yearRenewal, September 2021: AED 45,000 a yearNew contract, October 2022: AED 60,000 a yearNew contract, July 2023: AED 66,322 a yearRenewal, July 2024: AED 69,800 a yearNew contract, July 2025: AED 80,000 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 1B, and where 611 sits

All 67 2-beds →

611 last sold in October 2015 at AED 869 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 872). 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. 611's AED 80,000 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

611, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 29 October 2015 for AED 770,888, or AED 869 per sqft.
  • Rented since August 2019 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 42,000 in 2020 and recovered to AED 80,000 by July 2025.
  • At AED 80,000 a year the gross yield on the 2015 price is 10.4%.
  • 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 2 July 2025.

Questions about 611, Safi Apartments 1B

What did unit 611 last sell for?

AED 770,888 on 29 October 2015, sold by the developer: AED 869 per sqft for 887 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 80,000 a year on the contract signed on 2 July 2025. The previous contract, from July 2024, was AED 69,800; the unit has been rented since August 2019.

How big is unit 611?

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

What is unit 611 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 611, Safi Apartments 1B

Starts from the last sale price (AED 771K, 29 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 770,888
Deposit, UAE resident (20%)
AED 154,178
Deposit, non-resident (40%)
AED 308,355
Monthly over 25 years at 3.7%
AED 3,154

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