611, Safi Apartments 1B
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.
Property timeline for 611, Safi Apartments 1B
What is 611 worth today?
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Source: Dubai Land Department. Updated 2 July 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 887 sqft
- Floor
- 6th of 7
- Parking
- P-403
- Developer
- Nshmi Development
- Completed
- 2018
- Last sold
- AED 771K · October 2015
- Building
- Safi Apartments 1B
About 611, Safi Apartments 1B
611 is a two-bedroom apartment of 887 sqft on the 6th floor of Safi Apartments 1B, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. The developer sold it on 29 October 2015 for AED 770,888, or AED 869 per sqft, in line with the AED 869 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 2 July 2024, is AED 69,800 a year: a gross yield of 9.0% on the 2015 price.
Sales and rents for 611 over time
611 has sold once; the dashed line is the two-bed median of each year in the building.
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 611 sits
All 66 2-beds →611 last sold in October 2015 at AED 869 per sqft, in line with what two-beds in Safi Apartments 1B were fetching at the time (AED 869). 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. 611's AED 69,800 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Feb 20266 February 2026 | 937 sqft | 1,200,000 | 1,281 | ||
| 2 Feb 20262 February 2026 | 929 sqft | 1,190,000 | 1,281 | ||
| 17 Dec 202517 December 2025 | 937 sqft | 1,200,000 | 1,281 | ||
| 10 Dec 202510 December 2025 | 881 sqft | 1,200,000 | 1,362 |
Safi Apartments 1B
Building181 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%
Other units on the 6th floor
All 181 units in Safi Apartments 1B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 937 sqft | AED 1.18MAED 1,175,000 · Mar 2025March 2025 | 68,000 /yr | |
| 602 | 3-bed | 2,593 sqft | AED 1.98MAED 1,980,000 · Apr 2025April 2025 | ||
| 603 | 2-bed | 929 sqft | AED 806KAED 805,888 · Oct 2015October 2015 | 90,000 /yr | |
| 604 | Studio | 319 sqft | AED 380KAED 379,888 · Oct 2015October 2015 | 33,000 /yr | |
| 605 | 1-bed | 596 sqft | AED 562KAED 561,888 · Oct 2015October 2015 | 60,000 /yr | |
| 606 | 3-bed | 1,412 sqft | AED 1.01MAED 1,014,888 · Jul 2020July 2020 | 132,000 /yr | |
| 607 | 2-bed | 888 sqft | AED 1.1MAED 1,100,000 · Jun 2025June 2025 | 55,000 /yr | |
| 608 | 2-bed | 887 sqft | AED 767KAED 766,888 · Oct 2015October 2015 | 63,525 /yr | |
| 609 | 1-bed | 628 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 70,000 /yr | |
| 610 | 1-bed | 629 sqft | AED 750KAED 750,000 · Oct 2024October 2024 | 65,000 /yr | |
| 612 | 2-bed | 888 sqft | AED 771KAED 770,888 · Oct 2015October 2015 | 80,000 /yr | |
| 613 | 3-bed | 1,412 sqft | AED 1.31MAED 1,312,888 · Oct 2017October 2017 | ||
| 614 | 1-bed | 596 sqft | AED 385KAED 384,867 · Dec 2021December 2021 | 67,000 /yr | |
| 615 | Studio | 319 sqft | AED 356KAED 355,888 · Oct 2015October 2015 | 40,000 /yr | |
| 616 | 2-bed | 929 sqft | AED 756KAED 755,888 · Dec 2015December 2015 | 57,200 /yr | |
| 617 | 3-bed | 2,593 sqft | AED 1.65MAED 1,650,000 · Sep 2023September 2023 | 70,000 /yr | |
| 618 | 937 sqft | AED 1.19MAED 1,190,000 · Nov 2025November 2025 | 55,000 /yr | ||
| 619 | 1-bed | 573 sqft | AED 584KAED 583,888 · Oct 2015October 2015 | 55,000 /yr | |
| 620 | 2-bed | 976 sqft | AED 850KAED 850,000 · Jan 2024January 2024 | ||
| 621 | 2-bed | 1,041 sqft | AED 933KAED 932,888 · Oct 2015October 2015 | 63,800 /yr | |
| 622 | 2-bed | 905 sqft | AED 1.14MAED 1,140,000 · Jan 2025January 2025 | 40,000 /yr | |
| 623 | 3-bed | 1,340 sqft | AED 1.14MAED 1,139,888 · Oct 2015October 2015 | 108,000 /yr |
611, Safi Apartments 1B in numbers
- Sold once: by Nshmi Development on 29 October 2015 for AED 770,888, or AED 869 per sqft.
- Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 52,000 to AED 42,000 in 2020 and recovered to AED 69,800 by July 2024.
- At AED 69,800 a year the gross yield on the 2015 price is 9.0%.
- 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 2 July 2024.
Questions about 611, Safi Apartments 1B
What did unit 611 last sell for?
AED 770,888 on 29 October 2015, sold by the developer: AED 869 per sqft for 887 sqft. It is the only registered sale of the unit.
What is the rent for unit 611?
AED 69,800 a year on the contract renewed on 2 July 2024. The previous contract, from July 2023, was AED 66,322; the unit has been rented since August 2019.
How big is unit 611?
887 sqft (82.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2018.
What is unit 611 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.
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Mortgage on 611, Safi Apartments 1B
Starts from the last sale price (AED 771K, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 770,888
- Deposit, UAE resident (20%)
- AED 154,178
- Deposit, non-resident (40%)
- AED 308,355
- Monthly over 25 years at 3.7%
- AED 3,154
Plus AED 37,388 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →