2-bed · 894 sqftSafi Apartments 2B, Town Square · 6th floor · completed 2018

608, Safi Apartments 2B

Sold prices and rental history: sold twice, last in January 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 16 January 2023
Last soldAED 720K5 January 2023
Current rentAED 62K /yr16 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Safi Apartments 2B

What is 608 worth today?

Last sold for AED 720,000 in 2023

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16 Jan 2023RentedNew contract
AED 62,000/yr12 months · AED 69 per sqft
5 Jan 2023SoldReady
AED 720,000AED 805 per sqft
15 Oct 2021RentedRenewal
AED 52,800/yr12 months · AED 59 per sqft
15 Oct 2020RentedRenewal
AED 48,000/yr12 months · AED 54 per sqft
15 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 62 per sqft
19 May 2016Sold by developerOff-plan
AED 770,888AED 861 per sqft

Source: Dubai Land Department. Updated 16 January 2023.

Key facts

Type
2-bed apartment
Size
894 sqft
Floor
6th of 7
Parking
P-141
Developer
Nshmi Development
Completed
2018
Last sold
AED 720K · January 2023

About 608, Safi Apartments 2B

608 is a two-bedroom apartment of 894 sqft on the 6th floor of Safi Apartments 2B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 5 January 2023 for AED 720,000, or AED 805 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 16 January 2023, is AED 62,000 a year: a gross yield of 8.6% on the 2023 price.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical two-bed in Safi Apartments 2B
800K1M2015201820212024Typical sale price by year: 2015 AED 849,388; 2016 AED 834,388; 2020 AED 794,888; 2023 AED 800,000; 2024 AED 850,000; 2025 AED 1,100,000Sold by developer, May 2016: AED 770,888 (AED 861 per sqft)Sold, January 2023: AED 720,000 (AED 805 per sqft)

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

Rents
Unit 608, each contractTypical two-bed in Safi Apartments 2B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 53,000; 2020 AED 45,000; 2021 AED 46,000; 2022 AED 50,000; 2023 AED 55,440; 2024 AED 62,500; 2025 AED 68,250; 2026 AED 80,000New contract, October 2019: AED 55,000 a yearRenewal, October 2020: AED 48,000 a yearRenewal, October 2021: AED 52,800 a yearNew contract, January 2023: AED 62,000 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 2B, and where 608 sits

All 39 2-beds →

Over the last 12 months two-beds sold for AED 1,148,720 to 1,180,000, around AED 1,092 per sqft, and rent for AED 63,000 to 110,000 a year. 608's AED 62,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20261,180,000
7 Aug 20261,148,720
6 May 20251,170,000
29 Apr 20251,075,000
2 2-bed sales in the last 12 months

Safi Apartments 2B

Building

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

Typical price per sqft
AED 1,327
Typical sale
AED 1.15M
Typical rent
AED 80K /yr
Typical yield
6.4%
Safi Apartments 2B, Town Square: prices, sales and rents →

Other units on the 6th floor

All 89 units in Safi Apartments 2B
Value
6012-bedAED 774K · Jun 2016
6023-bedAED 1.42M · Jul 2020
6032-bedAED 800K · Oct 2023
604StudioAED 413K · Jul 2016
6051-bedAED 613K · Jul 2016
6063-bedAED 1.65M · Nov 2025
6072-bedAED 825K · Jun 2016
1–7 of 10

608, Safi Apartments 2B in numbers

  • Sold twice: first on 19 May 2016 for AED 770,888, last on 5 January 2023 for AED 720,000 (AED 805 per sqft).
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 48,000 in 2020 and recovered to AED 62,000 by January 2023.
  • At AED 62,000 a year the gross yield on the 2023 price is 8.6%.
  • Two-beds in Safi Apartments 2B sold for AED 1,148,720–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,327 per sqft.

Source: Dubai Land Department. Updated 16 January 2023.

Questions about 608, Safi Apartments 2B

What did unit 608 last sell for?

AED 720,000 on 5 January 2023: AED 805 per sqft for 894 sqft. The unit has 2 registered sales; the first was AED 770,888 in May 2016.

What is the rent for unit 608?

AED 62,000 a year on the contract signed on 16 January 2023. The previous contract, from October 2021, was AED 52,800; the unit has been rented since October 2019.

How big is unit 608?

894 sqft (83.1 sqm): a two-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. Two-beds in Safi Apartments 2B sold for AED 1,148,720 to 1,180,000 in the last 12 months, around AED 1,092 per sqft.

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Mortgage on 608, Safi Apartments 2B

Starts from the last sale price (AED 720K, 5 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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