2-bed · 888 sqftSafi Apartments 1B, Town Square · 6th floor · completed 2018

612, 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 612 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 771K25 October 2015
Current rentAED 73K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612, Safi Apartments 1B

What is 612 worth today?

Last sold for AED 770,888 in 2015

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28 Sep 2026RentedNew contract
AED 73,000/yr12 months · AED 82 per sqft
10 Jun 2026RentedRenewal
AED 63,400/yr12 months · AED 72 per sqft
10 Jun 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
10 Jun 2025RentedNew contract
AED 80,000/yr12 months · AED 91 per sqft
1 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
1 Nov 2023RentedRenewal
AED 54,600/yr12 months · AED 62 per sqft
1 Nov 2022RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft
1 Oct 2022RentedNew contract
AED 52,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
2-bed apartment
Size
888 sqft
Floor
6th of 7
Parking
P-404
Developer
Nshmi Development
Completed
2018
Last sold
AED 771K · October 2015

About 612, Safi Apartments 1B

612 is a two-bedroom apartment of 888 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 770,888, or AED 868 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 11 Ejari contracts. The current contract, signed on 28 September 2026, is AED 73,000 a year: a gross yield of 9.5% on the 2015 price.

Sales and rents for 612 over time

Sales
Unit 612, 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 868 per sqft)

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

Rents
Unit 612, each contractTypical two-bed in Safi Apartments 1B
40K60K80K201920222025Typical 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 55,000 a yearRenewal, August 2020: AED 55,000 a yearNew contract, September 2021: AED 48,000 a yearNew contract, October 2022: AED 52,000 a yearNew contract, November 2022: AED 52,000 a yearRenewal, November 2023: AED 54,600 a yearNew contract, June 2024: AED 80,000 a yearNew contract, June 2025: AED 80,000 a yearNew contract, June 2025: AED 80,000 a yearRenewal, June 2026: AED 63,400 a yearNew contract, September 2026: AED 73,000 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 612 sits

All 67 2-beds →

612 last sold in October 2015 at AED 868 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. 612's AED 73,000 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

612, Safi Apartments 1B in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 770,888, or AED 868 per sqft.
  • Rented since August 2019 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2021 and recovered to AED 73,000 by September 2026.
  • At AED 73,000 a year the gross yield on the 2015 price is 9.5%.
  • 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 28 September 2026.

Questions about 612, Safi Apartments 1B

What did unit 612 last sell for?

AED 770,888 on 25 October 2015, sold by the developer: AED 868 per sqft for 888 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 73,000 a year on the contract signed on 28 September 2026. The previous contract, from June 2026, was AED 63,400; the unit has been rented since August 2019.

How big is unit 612?

888 sqft (82.5 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 612 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 612, Safi Apartments 1B

Starts from the last sale price (AED 771K, 25 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 →