2-bed · 937 sqftSafi Apartments 1A, Town Square · 6th floor · completed 2018

616, Safi Apartments 1A

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.

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Unit 616 · DLD and Ejari recordsUpdated 16 August 2025

Last soldAED 839K13 October 2015

Current rentAED 82K /yr16 August 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 616, Safi Apartments 1A

Today

What is 616 worth today?

Last sold for AED 838,888 in 2015

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16 Aug 2025

16 Aug 2025RentedRenewal

AED 82,000/yr12 months · AED 88 per sqft

16 Aug 2024

16 Aug 2024RentedNew contract

AED 82,000/yr12 months · AED 88 per sqft

14 Aug 2023

14 Aug 2023RentedNew contract

AED 70,000/yr12 months · AED 75 per sqft

1 Aug 2022

1 Aug 2022RentedRenewal

AED 52,000/yr12 months · AED 56 per sqft

1 Aug 2020

1 Aug 2020RentedRenewal

AED 46,000/yr12 months · AED 49 per sqft

1 Aug 2019

1 Aug 2019RentedNew contract

AED 55,000/yr12 months · AED 59 per sqft

13 Oct 2015

13 Oct 2015Sold by developerOff-plan

AED 838,888AED 895 per sqft

Source: Dubai Land Department. Updated 16 August 2025.

Key facts

Type: 2-bed apartment
Size: 937 sqft
Floor: 6th of 7
Parking: P-335
Developer: Nshmi Development
Completed: 2018
Service charge: AED 14,300 /yr
Last sold: AED 839K · October 2015
Building: Safi Apartments 1A

About 616, Safi Apartments 1A

616 is a two-bedroom apartment of 937 sqft on the 6th floor of Safi Apartments 1A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 13 October 2015 for AED 838,888, or AED 895 per sqft, 5% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 16 August 2025, is AED 82,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 14,300 a year.

Sales and rents for 616 over time

Sales

Unit 616, each saleTypical two-bed in Safi Apartments 1A

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

Rents

Unit 616, each contractTypical two-bed in Safi Apartments 1A

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 1A, and where 616 sits

All 93 2-beds →

2-beds in Safi Apartments 1A · last 12 months1,172 /sqft Safi Apartments 1A · all types1,172 /sqft

616 last sold in October 2015 at AED 895 per sqft, 5% above what two-beds in Safi Apartments 1A were fetching at the time (AED 851). Over the last 12 months two-beds sold for AED 1,000,000 to 1,280,000, around AED 1,172 per sqft, and rent for AED 68,250 to 90,000 a year. 616's AED 82,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	937 sqft	1,200,000	1,281
28 Jan 202628 January 2026	882 sqft	1,050,000	1,190
23 Jan 202623 January 2026	931 sqft	1,030,000	1,106
9 Jan 20269 January 2026	937 sqft	1,000,000	1,067

8 2-bed sales in the last 12 months

Safi Apartments 1A

Building

156 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 10 sold in the last 12 months.

Typical price per sqft: AED 1,172 Up 5.8%
Typical sale: AED 1.14M
Typical rent: AED 72K /yr
Typical yield: 7.2%

Safi Apartments 1A, Town Square: prices, sales and rents →

Other units on the 6th floor

All 156 units in Safi Apartments 1A


601	2-bed	937 sqft	AED 1.2MAED 1,200,000 · Feb 2026February 2026	75,000 /yr
602	3-bed	2,593 sqft	AED 1.47MAED 1,470,000 · Mar 2023March 2023	80,000 /yr
603	2-bed	928 sqft	AED 756KAED 755,888 · Dec 2015December 2015	84,000 /yr
604	2-bed	882 sqft	AED 730KAED 730,000 · May 2023May 2023	72,000 /yr
605		1,412 sqft	AED 1.65MAED 1,650,000 · Sep 2025September 2025	92,000 /yr
606	2-bed	888 sqft	AED 1.2MAED 1,200,000 · Nov 2024November 2024	80,000 /yr
607	2-bed	887 sqft	AED 1.23MAED 1,225,000 · Jan 2026January 2026
608		628 sqft	AED 950KAED 950,000 · Oct 2025October 2025	80,000 /yr
609		628 sqft	AED 568KAED 567,888 · Oct 2015October 2015	85,000 /yr
610	2-bed	887 sqft	AED 810KAED 809,888 · Oct 2015October 2015	58,401 /yr
611	2-bed	888 sqft	AED 810KAED 809,888 · Oct 2015October 2015	59,290 /yr
612	3-bed	1,412 sqft	AED 1.2MAED 1,200,888 · Jun 2016June 2016	91,346 /yr
613	2-bed	882 sqft	AED 753KAED 752,888 · Oct 2015October 2015	61,365 /yr
614	2-bed	928 sqft	AED 580KAED 580,000 · Nov 2019November 2019
615	3-bed	2,593 sqft	AED 1.42MAED 1,421,888 · Aug 2020August 2020	105,000 /yr
617	1-bed	573 sqft	AED 645KAED 645,000 · Aug 2024August 2024	60,000 /yr
618	2-bed	976 sqft	AED 605KAED 605,000 · Jul 2021July 2021	71,500 /yr
619		1,041 sqft	AED 933KAED 932,888 · Sep 2025September 2025	90,000 /yr
620	2-bed	905 sqft	AED 824KAED 823,888 · Sep 2015September 2015	57,500 /yr
621	3-bed	1,340 sqft	AED 950KAED 950,000 · Apr 2021April 2021

1–7 of 20

616, Safi Apartments 1A in numbers

Sold once: by Nshmi Development on 13 October 2015 for AED 838,888, or AED 895 per sqft.
Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 46,000 in 2020 and recovered to AED 82,000 by August 2025.
At AED 82,000 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 14,300 a year (AED 15.28 per sqft).
Two-beds in Safi Apartments 1A sold for AED 1,000,000–1,280,000 in the 12 months to November 2026; the building's median across all types is AED 1,172 per sqft.

Source: Dubai Land Department. Updated 16 August 2025.

Questions about 616, Safi Apartments 1A

What did unit 616 last sell for?

AED 838,888 on 13 October 2015, sold by the developer: AED 895 per sqft for 937 sqft. It is the only registered sale of the unit.

What is the rent for unit 616?

AED 82,000 a year on the contract renewed on 16 August 2025. The previous contract, from August 2024, was AED 82,000; the unit has been rented since August 2019.

How big is unit 616?

937 sqft (87.1 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.

What is unit 616 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 1A sold for AED 1,000,000 to 1,280,000 in the last 12 months, around AED 1,172 per sqft.

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Mortgage on 616, Safi Apartments 1A

Starts from the last sale price (AED 839K, 13 October 2015). Switch to today's estimate once you have unlocked it.

Price: AED 838,888
Deposit, UAE resident (20%): AED 167,778
Deposit, non-resident (40%): AED 335,555
Monthly over 25 years at 3.7%: AED 3,432

Plus AED 40,244 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →