1-bed · 573 sqftSafi Apartments 2A, Town Square · 6th floor · completed 2018

617, Safi Apartments 2A

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.

Unit 617 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 560K25 October 2015
Current rentAED 55K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, Safi Apartments 2A

What is 617 worth today?

Last sold for AED 559,888 in 2015

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15 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 96 per sqft
27 Dec 2023RentedRenewal
AED 46,000/yr12 months · AED 80 per sqft
27 Dec 2022RentedNew contract
AED 46,000/yr12 months · AED 81 per sqft
26 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 52 per sqft
26 Sep 2020RentedRenewal
AED 30,000/yr12 months · AED 53 per sqft
25 Sep 2019RentedNew contract
AED 34,092/yr12 months · AED 60 per sqft
25 Oct 2015Sold by developerOff-plan
AED 559,888AED 977 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
1-bed apartment
Size
573 sqft
Floor
6th of 7
Parking
G-69
Developer
Nshmi Development
Completed
2018
Service charge
AED 8,700 /yr
Last sold
AED 560K · October 2015

About 617, Safi Apartments 2A

617 is a one-bedroom apartment of 573 sqft on the 6th floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 25 October 2015 for AED 559,888, or AED 977 per sqft, 8% above the AED 902 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 January 2025, is AED 55,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 8,700 a year.

Sales and rents for 617 over time

Rents
Unit 617, 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, September 2019: AED 34,092 a yearRenewal, September 2020: AED 30,000 a yearNew contract, September 2021: AED 30,000 a yearNew contract, December 2022: AED 46,000 a yearRenewal, December 2023: AED 46,000 a yearNew contract, January 2025: AED 55,000 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 617 sits

All 17 1-beds →

617 last sold in October 2015 at AED 977 per sqft, 8% above what one-beds in Safi Apartments 2A were fetching at the time (AED 902). 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. 617's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026760,000
17 Feb 2025820,000
6 Nov 2023620,000
12 Jun 2023565,000
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

617, Safi Apartments 2A in numbers

  • Sold once: by Nshmi Development on 25 October 2015 for AED 559,888, or AED 977 per sqft.
  • Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 34,092 to AED 30,000 in 2021 and recovered to AED 55,000 by January 2025.
  • At AED 55,000 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 8,700 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 15 January 2025.

Questions about 617, Safi Apartments 2A

What did unit 617 last sell for?

AED 559,888 on 25 October 2015, sold by the developer: AED 977 per sqft for 573 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 55,000 a year on the contract signed on 15 January 2025. The previous contract, from December 2023, was AED 46,000; the unit has been rented since September 2019.

How big is unit 617?

573 sqft (53.2 sqm): a one-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. 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 617, Safi Apartments 2A

Starts from the last sale price (AED 560K, 25 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 559,888
Deposit, UAE resident (20%)
AED 111,978
Deposit, non-resident (40%)
AED 223,955
Monthly over 25 years at 3.7%
AED 2,291

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