615, 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.
Property timeline for 615, Safi Apartments 1B
What is 615 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 319 sqft
- Floor
- 6th of 7
- Parking
- P-405
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 356K · October 2015
- Building
- Safi Apartments 1B
About 615, Safi Apartments 1B
615 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 12 October 2015 for AED 355,888, or AED 1,115 per sqft, in line with the AED 1,112 studios 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 September 2026, is AED 42,000 a year: a gross yield of 11.8% on the 2015 price.
Sales and rents for 615 over time
615 has sold once; the dashed line is the studio median of each year in the building.
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 615 sits
All 22 studios →615 last sold in October 2015 at AED 1,115 per sqft, in line with what studios in Safi Apartments 1B were fetching at the time (AED 1,112). 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. 615's AED 42,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Mar 202623 March 2026 | 319 sqft | 525,000 | 1,645 | ||
| 16 Mar 202616 March 2026 | 327 sqft | 528,000 | 1,616 | ||
| 18 Sep 202518 September 2025 | 327 sqft | 450,000 | 1,377 | ||
| 24 Jul 202524 July 2025 | 330 sqft | 390,000 | 1,181 |
Safi Apartments 1B
Building181 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%
Other units on the 6th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 937 sqft | AED 1.03MAED 1,030,000 · Oct 2026October 2026 | 80,000 /yr | |
| 602 | 3-bed | 2,593 sqft | AED 1.98MAED 1,980,000 · Apr 2025April 2025 | ||
| 603 | 2-bed | 929 sqft | AED 806KAED 805,888 · Oct 2015October 2015 | 90,000 /yr | |
| 604 | Studio | 319 sqft | AED 380KAED 379,888 · Oct 2015October 2015 | 35,000 /yr | |
| 605 | 1-bed | 596 sqft | AED 562KAED 561,888 · Oct 2015October 2015 | 60,000 /yr | |
| 606 | 3-bed | 1,412 sqft | AED 1.01MAED 1,014,888 · Jul 2020July 2020 | 132,000 /yr | |
| 607 | 2-bed | 888 sqft | AED 1.1MAED 1,100,000 · Jun 2025June 2025 | 55,000 /yr | |
| 608 | 2-bed | 887 sqft | AED 767KAED 766,888 · Oct 2015October 2015 | 63,525 /yr | |
| 609 | 1-bed | 628 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 70,000 /yr | |
| 610 | 1-bed | 629 sqft | AED 750KAED 750,000 · Oct 2024October 2024 | 65,000 /yr | |
| 611 | 2-bed | 887 sqft | AED 771KAED 770,888 · Oct 2015October 2015 | 80,000 /yr | |
| 612 | 2-bed | 888 sqft | AED 771KAED 770,888 · Oct 2015October 2015 | 73,000 /yr | |
| 613 | 3-bed | 1,412 sqft | AED 1.31MAED 1,312,888 · Oct 2017October 2017 | ||
| 614 | 1-bed | 596 sqft | AED 385KAED 384,867 · Dec 2021December 2021 | 67,000 /yr | |
| 616 | 2-bed | 929 sqft | AED 756KAED 755,888 · Dec 2015December 2015 | 57,200 /yr | |
| 617 | 3-bed | 2,593 sqft | AED 1.65MAED 1,650,000 · Sep 2023September 2023 | 70,000 /yr | |
| 618 | 2-bed | 937 sqft | AED 1.19MAED 1,190,000 · Nov 2025November 2025 | 55,000 /yr | |
| 619 | 1-bed | 573 sqft | AED 584KAED 583,888 · Oct 2015October 2015 | 55,000 /yr | |
| 620 | 2-bed | 976 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | ||
| 621 | 2-bed | 1,041 sqft | AED 933KAED 932,888 · Oct 2015October 2015 | 63,800 /yr | |
| 622 | 2-bed | 904 sqft | AED 1.14MAED 1,140,000 · Jan 2025January 2025 | 40,000 /yr | |
| 623 | 3-bed | 1,340 sqft | AED 1.14MAED 1,139,888 · Oct 2015October 2015 | 114,000 /yr |
615, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 12 October 2015 for AED 355,888, or AED 1,115 per sqft.
- Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 26,000 to AED 20,000 in 2021 and recovered to AED 42,000 by September 2026.
- At AED 42,000 a year the gross yield on the 2015 price is 11.8%.
- 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 1 September 2026.
Questions about 615, Safi Apartments 1B
What did unit 615 last sell for?
AED 355,888 on 12 October 2015, sold by the developer: AED 1,115 per sqft for 319 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 42,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since August 2019.
How big is unit 615?
319 sqft (29.6 sqm): a studio on the 6th floor of a 7-storey tower completed in 2018.
What is unit 615 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 615, Safi Apartments 1B
Starts from the last sale price (AED 356K, 12 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 355,888
- Deposit, UAE resident (20%)
- AED 71,178
- Deposit, non-resident (40%)
- AED 142,355
- Monthly over 25 years at 3.7%
- AED 1,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →