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

TH032, Safi Townhouses

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH032 · DLD and Ejari recordsUpdated 7 June 2024
Last soldAED 1.4M23 March 2021
Current rentAED 138K /yr7 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH032, Safi Townhouses

What is TH032 worth today?

Last sold for AED 1,400,000 in 2021

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7 Jun 2024RentedNew contract
AED 138,000/yr12 months · AED 63 per sqft
1 May 2023RentedRenewal
AED 88,200/yr9 months · AED 40 per sqft
1 May 2022RentedNew contract
AED 84,000/yr12 months · AED 38 per sqft
23 Mar 2021SoldReady
AED 1,400,000AED 635 per sqft
1 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 36 per sqft
1 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 39 per sqft
17 Nov 2016Sold by developerOff-plan
AED 1,366,888AED 620 per sqft

Source: Dubai Land Department. Updated 7 June 2024.

Key facts

Type
3-bed villa
Size
2,202 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.4M · March 2021
Community
Safi Townhouses

About TH032, Safi Townhouses

TH032 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 23 March 2021 for AED 1,400,000, or AED 635 per sqft, 5% above the AED 604 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 7 June 2024, is AED 138,000 a year: a gross yield of 9.9% on the 2021 price.

Sales and rents for TH032 over time

Sales
Villa TH032, 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, November 2016: AED 1,366,888 (AED 620 per sqft)Sold, March 2021: AED 1,400,000 (AED 635 per sqft)

TH032 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH032, 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 135,000New contract, November 2019: AED 85,000 a yearRenewal, November 2020: AED 80,000 a yearNew contract, May 2022: AED 84,000 a yearRenewal, May 2023: AED 88,200 a yearNew contract, June 2024: AED 138,000 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 TH032 sits

All 224 3-beds →

TH032 last sold in March 2021 at AED 635 per sqft, 5% above what three-beds in Safi Townhouses were fetching at the time (AED 604). 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. TH032's AED 138,000 is in the lower half 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 →

TH032, Safi Townhouses in numbers

  • Sold twice: first on 17 November 2016 for AED 1,366,888, last on 23 March 2021 for AED 1,400,000 (AED 635 per sqft).
  • Rented since November 2019 on 5 Ejari contracts, from AED 85,000 to AED 138,000 a year.
  • At AED 138,000 a year the gross yield on the 2021 price is 9.9%.
  • 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 7 June 2024.

Questions about TH032, Safi Townhouses

What did villa TH032 last sell for?

AED 1,400,000 on 23 March 2021: AED 635 per sqft for 2,202 sqft. The villa has 2 registered sales; the first was AED 1,366,888 in November 2016.

What is the rent for villa TH032?

AED 138,000 a year on the contract signed on 7 June 2024. The previous contract, from May 2023, was AED 88,200; the villa has been rented since November 2019.

How big is villa TH032?

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

What is villa TH032 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 TH032, Safi Townhouses

Starts from the last sale price (AED 1.4M, 23 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →