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3-bed · 2,206 sqftSafi Townhouses, Town Square · completed 2019

TH003, Safi Townhouses

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

Villa TH003 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 1.98M5 May 2023
Current rentAED 85K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH003, Safi Townhouses

What is TH003 worth today?

Last sold for AED 1,975,000 in 2023

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5 May 2023SoldReady
AED 1,975,000AED 895 per sqft
15 Dec 2020RentedRenewal
AED 85,000/yr12 months · AED 39 per sqft
15 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 41 per sqft
7 Dec 2017Sold by developerOff-plan
AED 1,423,888AED 645 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
3-bed villa
Size
2,206 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.98M · May 2023
Community
Safi Townhouses

About TH003, Safi Townhouses

TH003 is a three-bedroom villa of 2,206 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 5 May 2023 for AED 1,975,000, or AED 895 per sqft, 11% above the AED 803 three-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 15 December 2020, is AED 85,000 a year: a gross yield of 4.3% on the 2023 price.

Sales and rents for TH003 over time

Sales
Villa TH003, each saleTypical three-bed in Safi Townhouses
1M2M3M2016201920222025Typical sale price by year: 2016 AED 1,398,888; 2017 AED 1,405,888; 2019 AED 1,320,000; 2020 AED 1,250,000; 2021 AED 1,455,000; 2022 AED 1,725,000; 2023 AED 1,900,000; 2024 AED 2,400,000; 2025 AED 2,700,000; 2026 AED 2,900,000Sold by developer, December 2017: AED 1,423,888 (AED 645 per sqft)Sold, May 2023: AED 1,975,000 (AED 895 per sqft)

TH003 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH003, each contractTypical three-bed in Safi Townhouses
100K125K20192021202320252027Typical rent by year: 2019 AED 90,000; 2020 AED 85,000; 2021 AED 88,000; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 135,000; 2025 AED 140,000; 2026 AED 135,000New contract, December 2019: AED 90,000 a yearRenewal, December 2020: AED 85,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Safi Townhouses, and where TH003 sits

All 224 3-beds →

TH003 last sold in May 2023 at AED 895 per sqft, 11% above what three-beds in Safi Townhouses were fetching at the time (AED 803). Over the last 12 months three-beds sold for AED 2,800,000 to 2,920,000, around AED 1,331 per sqft, and rent for AED 111,300 to 175,000 a year. TH003's AED 85,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Feb 20262,920,000
11 Feb 20262,870,000
27 Jan 20262,900,000
16 Dec 20252,850,000
6 3-bed sales in the last 12 months

Safi Townhouses

Community

314 villas, 3-bed to 4-bed in Town Square, completed in 2019 by Nshmi Development. 6 sold in the last 12 months.

Typical price per sqft
AED 1,331
Typical sale
AED 2.86M
Typical rent
AED 145K /yr
Typical yield
5.0%
Safi Townhouses, Town Square: prices, sales and rents →

TH003, Safi Townhouses in numbers

  • Sold twice: first on 7 December 2017 for AED 1,423,888, last on 5 May 2023 for AED 1,975,000 (AED 895 per sqft).
  • Rented since December 2019 on 2 Ejari contracts, from AED 90,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 4.3%.
  • Three-beds in Safi Townhouses sold for AED 2,800,000–2,920,000 in the 12 months to November 2026; the community's median across all types is AED 1,331 per sqft.

Source: Dubai Land Department. Updated 5 May 2023.

Questions about TH003, Safi Townhouses

What did villa TH003 last sell for?

AED 1,975,000 on 5 May 2023: AED 895 per sqft for 2,206 sqft. The villa has 2 registered sales; the first was AED 1,423,888 in December 2017.

What is the rent for villa TH003?

AED 85,000 a year on the contract renewed on 15 December 2020. The previous contract, from December 2019, was AED 90,000.

How big is villa TH003?

2,206 sqft (204.9 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Safi Townhouses sold for AED 2,800,000 to 2,920,000 in the last 12 months, around AED 1,331 per sqft.

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Mortgage on TH003, Safi Townhouses

Starts from the last sale price (AED 1.98M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

Plus AED 87,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →