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3-bed · 2,202 sqftSafi Townhouses, Town Square · completed 2019

TH023, Safi Townhouses

Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 2M27 December 2023
Current rentAED 90K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH023, Safi Townhouses

What is TH023 worth today?

Last sold for AED 2,000,000 in 2023

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27 Dec 2023SoldReady
AED 2,000,000AED 908 per sqft
1 Dec 2022RentedRenewal
AED 90,000/yr12 months · AED 41 per sqft
1 Dec 2021RentedRenewal
AED 82,500/yr12 months · AED 37 per sqft
1 Dec 2020RentedRenewal
AED 75,000/yr12 months · AED 34 per sqft
5 Dec 2016Sold by developerOff-plan
AED 1,366,888AED 620 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
3-bed villa
Size
2,202 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 2M · December 2023
Community
Safi Townhouses

About TH023, Safi Townhouses

TH023 is a three-bedroom villa of 2,202 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 27 December 2023 for AED 2,000,000, or AED 908 per sqft, in line with the AED 888 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 90,000 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for TH023 over time

Sales
Villa TH023, 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 2016: AED 1,366,888 (AED 620 per sqft)Sold, December 2023: AED 2,000,000 (AED 908 per sqft)

TH023 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH023, each contractTypical three-bed in Safi Townhouses
100K150K20192021202320252027Typical 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 135,000Renewal, December 2020: AED 75,000 a yearRenewal, December 2021: AED 82,500 a yearRenewal, December 2022: AED 90,000 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 TH023 sits

All 224 3-beds →

TH023 last sold in December 2023 at AED 908 per sqft, in line with what three-beds in Safi Townhouses were fetching at the time (AED 888). 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. TH023's AED 90,000 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 →

TH023, Safi Townhouses in numbers

  • Sold twice: first on 5 December 2016 for AED 1,366,888, last on 27 December 2023 for AED 2,000,000 (AED 908 per sqft).
  • Rented since December 2020 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 4.5%.
  • 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 27 December 2023.

Questions about TH023, Safi Townhouses

What did villa TH023 last sell for?

AED 2,000,000 on 27 December 2023: AED 908 per sqft for 2,202 sqft. The villa has 2 registered sales; the first was AED 1,366,888 in December 2016.

What is the rent for villa TH023?

AED 90,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 82,500; the villa has been rented since December 2020.

How big is villa TH023?

2,202 sqft (204.6 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH023 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 TH023, Safi Townhouses

Starts from the last sale price (AED 2M, 27 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →