3-bed · 2,643 sqftSafi Apartments 2B, Town Square · 6th floor · completed 2018

609, Safi Apartments 2B

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

Unit 609 · DLD and Ejari recordsUpdated 24 November 2023
Last soldAED 1.75M24 November 2023
Current rentAED 80K /yr14 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Safi Apartments 2B

What is 609 worth today?

Last sold for AED 1,750,000 in 2023

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24 Nov 2023SoldReady
AED 1,750,000AED 662 per sqft
14 May 2023RentedNew contract
AED 80,000/yr12 months · AED 30 per sqft
1 Dec 2020RentedRenewal
AED 80,000/yr12 months · AED 30 per sqft
1 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 30 per sqft
25 Oct 2015Sold by developerOff-plan
AED 1,775,888AED 681 per sqft

Source: Dubai Land Department. Updated 24 November 2023.

Key facts

Type
3-bed apartment
Size
2,643 sqft
Floor
6th of 7
Parking
P-163
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.75M · November 2023

About 609, Safi Apartments 2B

609 is a three-bedroom apartment of 2,643 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 24 November 2023 for AED 1,750,000, or AED 662 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 14 May 2023, is AED 80,000 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical three-bed in Safi Apartments 2B
1.5M2015201820212024Typical sale price by year: 2015 AED 1,177,888; 2017 AED 1,592,888; 2024 AED 1,300,000Sold by developer, October 2015: AED 1,775,888 (AED 681 per sqft)Sold, November 2023: AED 1,750,000 (AED 662 per sqft)

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

Rents
Unit 609, each contractTypical three-bed in Safi Apartments 2B
60K80K100K20192021202320252027Typical rent by year: 2019 AED 72,000; 2020 AED 66,000; 2021 AED 67,500; 2022 AED 73,000; 2023 AED 76,650; 2024 AED 87,125; 2025 AED 100,000; 2026 AED 103,750New contract, December 2019: AED 80,000 a yearRenewal, December 2020: AED 80,000 a yearNew contract, May 2023: AED 80,000 a year

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 2B, and where 609 sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 1,650,000 to 1,930,000, around AED 1,264 per sqft, and rent for AED 87,864 to 125,000 a year. 609's AED 80,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Apr 20261,930,000
13 Nov 20251,650,000
13 Jun 20251,860,000
16 Dec 20241,250,000
2 3-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

609, Safi Apartments 2B in numbers

  • Sold twice: first on 25 October 2015 for AED 1,775,888, last on 24 November 2023 for AED 1,750,000 (AED 662 per sqft).
  • Rented since December 2019 on 3 Ejari contracts, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 4.6%.
  • Three-beds in Safi Apartments 2B sold for AED 1,650,000–1,930,000 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 24 November 2023.

Questions about 609, Safi Apartments 2B

What did unit 609 last sell for?

AED 1,750,000 on 24 November 2023: AED 662 per sqft for 2,643 sqft. The unit has 2 registered sales; the first was AED 1,775,888 in October 2015.

What is the rent for unit 609?

AED 80,000 a year on the contract signed on 14 May 2023. The previous contract, from December 2020, was AED 80,000; the unit has been rented since December 2019.

How big is unit 609?

2,643 sqft (245.5 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 609 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 2B sold for AED 1,650,000 to 1,930,000 in the last 12 months, around AED 1,264 per sqft.

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Mortgage on 609, Safi Apartments 2B

Starts from the last sale price (AED 1.75M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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