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

601, Safi Apartments 1B

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 5 March 2025
Last soldAED 1.18M5 March 2025
Current rentAED 68K /yr24 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Safi Apartments 1B

What is 601 worth today?

Last sold for AED 1,175,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Mar 2025SoldReady
AED 1,175,000AED 1,254 per sqft
24 Apr 2024RentedNew contract
AED 68,000/yr8 months · AED 73 per sqft
24 Apr 2023RentedNew contract
AED 68,000/yr12 months · AED 73 per sqft
16 Apr 2022RentedRenewal
AED 49,500/yr12 months · AED 53 per sqft
15 Apr 2021RentedNew contract
AED 44,875/yr12 months · AED 48 per sqft
10 Apr 2020RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
10 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
20 Jul 2016Sold by developerOff-plan
AED 888,888AED 948 per sqft

Source: Dubai Land Department. Updated 5 March 2025.

Key facts

Type
2-bed apartment
Size
937 sqft
Floor
6th of 7
Parking
P-418
Developer
Nshmi Development
Completed
2018
Last sold
AED 1.18M · March 2025

About 601, Safi Apartments 1B

601 is a two-bedroom apartment of 937 sqft on the 6th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 5 March 2025 for AED 1,175,000, or AED 1,254 per sqft, in line with the AED 1,254 two-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 24 April 2024, is AED 68,000 a year: a gross yield of 5.8% on the 2025 price.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Safi Apartments 1B
750K1M1.25M2015201820212024Typical sale price by year: 2015 AED 812,888; 2016 AED 851,388; 2018 AED 855,444; 2019 AED 670,000; 2020 AED 712,944; 2021 AED 660,000; 2023 AED 760,000; 2024 AED 1,025,000; 2025 AED 1,150,000Sold by developer, July 2016: AED 888,888 (AED 948 per sqft)Sold, March 2025: AED 1,175,000 (AED 1,254 per sqft)

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

Rents
Unit 601, each contractTypical two-bed in Safi Apartments 1B
40K60K80K2019202120232025Typical rent by year: 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 49,500; 2023 AED 55,650; 2024 AED 69,025; 2025 AED 77,375New contract, April 2019: AED 65,000 a yearNew contract, April 2020: AED 55,000 a yearNew contract, April 2021: AED 44,875 a yearRenewal, April 2022: AED 49,500 a yearNew contract, April 2023: AED 68,000 a yearNew contract, April 2024: AED 68,000 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 1B, and where 601 sits

All 66 2-beds →

601 last sold in March 2025 at AED 1,254 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 1,254). Over the last 12 months two-beds sold for AED 1,190,000 to 1,200,000, around AED 1,281 per sqft, and rent for AED 66,150 to 105,000 a year. 601's AED 68,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Feb 20261,200,000
2 Feb 20261,190,000
17 Dec 20251,200,000
10 Dec 20251,200,000
4 2-bed sales in the last 12 months

Safi Apartments 1B

Building

181 apartments, studios to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,281
Typical sale
AED 1.2M
Typical rent
AED 64K /yr
Typical yield
7.3%
Safi Apartments 1B, Town Square: prices, sales and rents →

Other units on the 6th floor

All 181 units in Safi Apartments 1B
Value
6023-bedAED 1.98M · Apr 2025
6032-bedAED 806K · Oct 2015
604StudioAED 380K · Oct 2015
6051-bedAED 562K · Oct 2015
6063-bedAED 1.01M · Jul 2020
6072-bedAED 1.1M · Jun 2025
6082-bedAED 767K · Oct 2015
1–7 of 22

601, Safi Apartments 1B in numbers

  • Sold twice: first on 20 July 2016 for AED 888,888, last on 5 March 2025 for AED 1,175,000 (AED 1,254 per sqft).
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 44,875 in 2021 and recovered to AED 68,000 by April 2024.
  • At AED 68,000 a year the gross yield on the 2025 price is 5.8%.
  • Two-beds in Safi Apartments 1B sold for AED 1,190,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,281 per sqft.

Source: Dubai Land Department. Updated 5 March 2025.

Questions about 601, Safi Apartments 1B

What did unit 601 last sell for?

AED 1,175,000 on 5 March 2025: AED 1,254 per sqft for 937 sqft. The unit has 2 registered sales; the first was AED 888,888 in July 2016.

What is the rent for unit 601?

AED 68,000 a year on the contract signed on 24 April 2024. The previous contract, from April 2023, was AED 68,000; the unit has been rented since April 2019.

How big is unit 601?

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

What is unit 601 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 1B sold for AED 1,190,000 to 1,200,000 in the last 12 months, around AED 1,281 per sqft.

Selling 601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 601, Safi Apartments 1B

Starts from the last sale price (AED 1.18M, 5 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,175,000
Deposit, UAE resident (20%)
AED 235,000
Deposit, non-resident (40%)
AED 470,000
Monthly over 25 years at 3.7%
AED 4,807

Plus AED 54,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →