2-bed · 929 sqftSafi Apartments 1B, Town Square · 6th floor · completed 2018

616, Safi Apartments 1B

Sold prices and rental history: sold once, by the developer in December 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 616 · DLD and Ejari recordsUpdated 1 July 2025

Last soldAED 756K23 December 2015

Current rentAED 57K /yr1 July 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 616, Safi Apartments 1B

Today

What is 616 worth today?

Last sold for AED 755,888 in 2015

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1 Jul 2025

1 Jul 2025RentedRenewal

AED 57,200/yr12 months · AED 62 per sqft

1 Jul 2025

1 Jul 2025RentedRenewal

AED 57,200/yr12 months · AED 62 per sqft

1 Jul 2024

1 Jul 2024RentedRenewal

AED 52,000/yr12 months · AED 56 per sqft

1 Jul 2023

1 Jul 2023RentedRenewal

AED 48,000/yr12 months · AED 52 per sqft

1 Jul 2022

1 Jul 2022RentedRenewal

AED 43,700/yr12 months · AED 47 per sqft

1 Jul 2021

1 Jul 2021RentedNew contract

AED 38,000/yr12 months · AED 41 per sqft

25 Oct 2019

25 Oct 2019RentedNew contract

AED 48,000/yr12 months · AED 52 per sqft

23 Dec 2015

23 Dec 2015Sold by developerOff-plan

AED 755,888AED 813 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type: 2-bed apartment
Size: 929 sqft
Floor: 6th of 7
Parking: P-438
Developer: Nshmi Development
Completed: 2018
Last sold: AED 756K · December 2015
Building: Safi Apartments 1B

About 616, Safi Apartments 1B

616 is a two-bedroom apartment of 929 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 23 December 2015 for AED 755,888, or AED 813 per sqft, 6% below the AED 869 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 57,200 a year: a gross yield of 7.6% on the 2015 price.

Sales and rents for 616 over time

Sales

Unit 616, each saleTypical two-bed in Safi Apartments 1B

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

Rents

Unit 616, each contractTypical two-bed in Safi Apartments 1B

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 616 sits

All 67 2-beds →

2-beds in Safi Apartments 1B · last 12 months1,276 /sqft Safi Apartments 1B · all types1,276 /sqft

616 last sold in December 2015 at AED 813 per sqft, 6% below what two-beds in Safi Apartments 1B were fetching at the time (AED 869). 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. 616's AED 57,200 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
22 Oct 202622 October 2026	937 sqft	1,030,000	1,099
4 Sep 20264 September 2026	881 sqft	1,100,000	1,248
15 May 202615 May 2026	937 sqft	987,000	1,053
13 Mar 202613 March 2026	937 sqft	1,200,000	1,281

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


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
615	Studio	319 sqft	AED 356KAED 355,888 · Oct 2015October 2015	42,000 /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

1–7 of 22

616, Safi Apartments 1B in numbers

Sold once: by Nshmi Development on 23 December 2015 for AED 755,888, or AED 813 per sqft.
Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 38,000 in 2021 and recovered to AED 57,200 by July 2025.
At AED 57,200 a year the gross yield on the 2015 price is 7.6%.
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 616, Safi Apartments 1B

What did unit 616 last sell for?

AED 755,888 on 23 December 2015, sold by the developer: AED 813 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 57,200 a year on the contract renewed on 1 July 2025. The previous contract, from July 2025, was AED 57,200; the unit has been rented since October 2019.

How big is unit 616?

929 sqft (86.3 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 616 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 616, Safi Apartments 1B

Starts from the last sale price (AED 756K, 23 December 2015). Switch to today's estimate once you have unlocked it.

Price: AED 755,888
Deposit, UAE resident (20%): AED 151,178
Deposit, non-resident (40%): AED 302,355
Monthly over 25 years at 3.7%: AED 3,093

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