617, Safi Apartments 1B
Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 617, Safi Apartments 1B
What is 617 worth today?
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Source: Dubai Land Department. Updated 14 September 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,593 sqft
- Floor
- 6th of 7
- Parking
- P-445 , P-300
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 1.65M · September 2023
- Building
- Safi Apartments 1B
About 617, Safi Apartments 1B
617 is a three-bedroom apartment of 2,593 sqft on the 6th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 14 September 2023 for AED 1,650,000, or AED 636 per sqft, 21% below the AED 810 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 70,000 a year: a gross yield of 4.2% on the 2023 price.
Sales and rents for 617 over time
617 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Safi Apartments 1B, and where 617 sits
All 37 3-beds →617 last sold in September 2023 at AED 636 per sqft, 21% below what three-beds in Safi Apartments 1B were fetching at the time (AED 810). Over the last 12 months three-beds sold for AED 1,660,000 to 1,800,000, around AED 1,253 per sqft, and rent for AED 114,000 to 220,000 a year. 617's AED 70,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 1,419 sqft | 1,800,000 | 1,268 | ||
| 4 Feb 20264 February 2026 | 1,340 sqft | 1,660,000 | 1,238 | ||
| 11 Jul 202511 July 2025 | 2,257 sqft | 1,780,000 | 788 | ||
| 13 May 202513 May 2025 | 1,408 sqft | 1,590,000 | 1,129 |
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 | |
| 615 | Studio | 319 sqft | AED 356KAED 355,888 · Oct 2015October 2015 | 42,000 /yr | |
| 616 | 2-bed | 929 sqft | AED 756KAED 755,888 · Dec 2015December 2015 | 57,200 /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 |
617, Safi Apartments 1B in numbers
- Sold twice: first on 15 September 2020 for AED 1,280,888, last on 14 September 2023 for AED 1,650,000 (AED 636 per sqft).
- Rented since October 2020 on 3 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 4.2%.
- Three-beds in Safi Apartments 1B sold for AED 1,660,000–1,800,000 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 14 September 2023.
Questions about 617, Safi Apartments 1B
What did unit 617 last sell for?
AED 1,650,000 on 14 September 2023: AED 636 per sqft for 2,593 sqft. The unit has 2 registered sales; the first was AED 1,280,888 in September 2020.
What is the rent for unit 617?
AED 70,000 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 70,000; the unit has been rented since October 2020.
How big is unit 617?
2,593 sqft (240.9 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.
What is unit 617 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Apartments 1B sold for AED 1,660,000 to 1,800,000 in the last 12 months, around AED 1,253 per sqft.
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Mortgage on 617, Safi Apartments 1B
Starts from the last sale price (AED 1.65M, 14 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →