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

606, Safi Apartments 2A

Sold prices and rental history: sold twice, last in June 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 725K20 June 2023
Current rentAED 49K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 606, Safi Apartments 2A

What is 606 worth today?

Last sold for AED 725,000 in 2023

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20 Jun 2023SoldReady
AED 725,000AED 816 per sqft
15 Sep 2022RentedNew contract
AED 48,600/yr15 months · AED 55 per sqft
15 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 51 per sqft
15 Sep 2019RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
13 Oct 2015Sold by developerOff-plan
AED 809,888AED 912 per sqft

Source: Dubai Land Department. Updated 20 June 2023.

Key facts

Type
2-bed apartment
Size
888 sqft
Floor
6th of 7
Parking
P-115
Developer
Nshmi Development
Completed
2018
Service charge
AED 13,600 /yr
Last sold
AED 725K · June 2023
Building
Safi Apartments 2A

About 606, Safi Apartments 2A

606 is a two-bedroom apartment of 888 sqft on the 6th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 20 June 2023 for AED 725,000, or AED 816 per sqft, in line with the AED 819 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 September 2022, is AED 48,600 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Safi Apartments 2A
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 806,388; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 890,000; 2025 AED 1,100,000; 2026 AED 1,130,000Sold by developer, October 2015: AED 809,888 (AED 912 per sqft)Sold, June 2023: AED 725,000 (AED 816 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Safi Apartments 2A
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 65,100; 2025 AED 80,000; 2026 AED 80,000New contract, September 2019: AED 50,000 a yearNew contract, September 2020: AED 45,000 a yearNew contract, September 2022: AED 48,600 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 2A, and where 606 sits

All 97 2-beds →

606 last sold in June 2023 at AED 816 per sqft, in line with what two-beds in Safi Apartments 2A were fetching at the time (AED 819). Over the last 12 months two-beds sold for AED 1,050,000 to 1,425,000, around AED 1,174 per sqft, and rent for AED 55,000 to 110,000 a year. 606's AED 48,600 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,100,000
18 Aug 20261,130,000
10 Aug 202640,138
3 Jul 20261,050,000
10 2-bed sales in the last 12 months

Safi Apartments 2A

Building

153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,251 Up 6.6%
Typical sale
AED 1.15M
Typical rent
AED 81K /yr
Typical yield
6.8%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 6th floor

All 153 units in Safi Apartments 2A
Value
6012-bedAED 839K · Sep 2015
6023-bedAED 1.78M · Oct 2015
6032-bedAED 799K · Oct 2015
6042-bedAED 781K · Oct 2015
6053-bedAED 1.9M · Apr 2026
6072-bedAED 810K · Oct 2015
6081-bedAED 620K · Nov 2023
1–7 of 20

606, Safi Apartments 2A in numbers

  • Sold twice: first on 13 October 2015 for AED 809,888, last on 20 June 2023 for AED 725,000 (AED 816 per sqft).
  • Rented since September 2019 on 3 Ejari contracts, from AED 50,000 to AED 48,600 a year.
  • At AED 48,600 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 13,600 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,050,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 1,251 per sqft.

Source: Dubai Land Department. Updated 20 June 2023.

Questions about 606, Safi Apartments 2A

What did unit 606 last sell for?

AED 725,000 on 20 June 2023: AED 816 per sqft for 888 sqft. The unit has 2 registered sales; the first was AED 809,888 in October 2015.

What is the rent for unit 606?

AED 48,600 a year on the contract signed on 15 September 2022. The previous contract, from September 2020, was AED 45,000; the unit has been rented since September 2019.

How big is unit 606?

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

What is unit 606 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 2A sold for AED 1,050,000 to 1,425,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 606, Safi Apartments 2A

Starts from the last sale price (AED 725K, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 725,000
Deposit, UAE resident (20%)
AED 145,000
Deposit, non-resident (40%)
AED 290,000
Monthly over 25 years at 3.7%
AED 2,966

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