1-bed · 628 sqftSafi Apartments 2A, Town Square · 6th floor · completed 2018

608, Safi Apartments 2A

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

Unit 608 · DLD and Ejari recordsUpdated 6 November 2023
Last soldAED 620K6 November 2023
Current rentAED 43K /yr25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Safi Apartments 2A

What is 608 worth today?

Last sold for AED 620,000 in 2023

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6 Nov 2023SoldReady
AED 620,000AED 987 per sqft
25 Aug 2023RentedRenewal
AED 42,896/yr9 months · AED 69 per sqft
25 Aug 2022RentedNew contract
AED 41,000/yr12 months · AED 66 per sqft
20 Aug 2021RentedRenewal
AED 36,000/yr12 months · AED 58 per sqft
20 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 53 per sqft
20 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
13 Oct 2015Sold by developerOff-plan
AED 567,888AED 904 per sqft

Source: Dubai Land Department. Updated 6 November 2023.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
6th of 7
Parking
G-67
Developer
Nshmi Development
Completed
2018
Service charge
AED 9,600 /yr
Last sold
AED 620K · November 2023

About 608, Safi Apartments 2A

608 is a one-bedroom apartment of 628 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 6 November 2023 for AED 620,000, or AED 987 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 25 August 2023, is AED 42,896 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 608 over time

Rents
Unit 608, each contractTypical one-bed in Safi Apartments 2A
40K60K20192021202320252027Typical rent by year: 2019 AED 38,000; 2020 AED 35,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 44,500; 2024 AED 46,691; 2025 AED 56,000; 2026 AED 57,000New contract, August 2019: AED 40,000 a yearNew contract, August 2020: AED 33,000 a yearRenewal, August 2021: AED 36,000 a yearNew contract, August 2022: AED 41,000 a yearRenewal, August 2023: AED 42,896 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safi Apartments 2A, and where 608 sits

All 17 1-beds →

Over the last 12 months one-beds sold for AED 760,000, around AED 1,209 per sqft, and rent for AED 44,906 to 65,000 a year. 608's AED 42,896 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026760,000
17 Feb 2025820,000
12 Jun 2023565,000
31 Oct 2022520,000
1 1-bed sale 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
6062-bedAED 725K · Jun 2023
6072-bedAED 810K · Oct 2015
1–7 of 20

608, Safi Apartments 2A in numbers

  • Sold twice: first on 13 October 2015 for AED 567,888, last on 6 November 2023 for AED 620,000 (AED 987 per sqft).
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 33,000 in 2020 and recovered to AED 42,896 by August 2023.
  • At AED 42,896 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 9,600 a year (AED 15.28 per sqft).
  • One-beds in Safi Apartments 2A sold for AED 760,000–760,000 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 6 November 2023.

Questions about 608, Safi Apartments 2A

What did unit 608 last sell for?

AED 620,000 on 6 November 2023: AED 987 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 567,888 in October 2015.

What is the rent for unit 608?

AED 42,896 a year on the contract renewed on 25 August 2023. The previous contract, from August 2022, was AED 41,000; the unit has been rented since August 2019.

How big is unit 608?

628 sqft (58.3 sqm): a one-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safi Apartments 2A sold for AED 760,000 to 760,000 in the last 12 months, around AED 1,209 per sqft.

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Mortgage on 608, Safi Apartments 2A

Starts from the last sale price (AED 620K, 6 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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