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

TH046, Safi Townhouses

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

Villa TH046 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 2M2 November 2023
Current rentAED 92K /yr10 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH046, Safi Townhouses

What is TH046 worth today?

Last sold for AED 2,000,000 in 2023

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2 Nov 2023SoldReady
AED 2,000,000AED 906 per sqft
10 Dec 2022RentedNew contract
AED 92,000/yr12 months · AED 42 per sqft
10 Dec 2021RentedRenewal
AED 88,000/yr12 months · AED 40 per sqft
10 Dec 2020RentedRenewal
AED 87,000/yr12 months · AED 39 per sqft
10 Dec 2019RentedNew contract
AED 87,000/yr12 months · AED 39 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,408,888AED 638 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

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

About TH046, Safi Townhouses

TH046 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 2 November 2023 for AED 2,000,000, or AED 906 per sqft, in line with the AED 884 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 10 December 2022, is AED 92,000 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for TH046 over time

Sales
Villa TH046, 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, October 2016: AED 1,408,888 (AED 638 per sqft)Sold, November 2023: AED 2,000,000 (AED 906 per sqft)

TH046 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH046, 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 87,000 a yearRenewal, December 2020: AED 87,000 a yearRenewal, December 2021: AED 88,000 a yearNew contract, December 2022: AED 92,000 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 TH046 sits

All 224 3-beds →

TH046 last sold in November 2023 at AED 906 per sqft, in line with what three-beds in Safi Townhouses were fetching at the time (AED 884). 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. TH046's AED 92,000 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 →

TH046, Safi Townhouses in numbers

  • Sold twice: first on 26 October 2016 for AED 1,408,888, last on 2 November 2023 for AED 2,000,000 (AED 906 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 87,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2023 price is 4.6%.
  • 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 2 November 2023.

Questions about TH046, Safi Townhouses

What did villa TH046 last sell for?

AED 2,000,000 on 2 November 2023: AED 906 per sqft for 2,206 sqft. The villa has 2 registered sales; the first was AED 1,408,888 in October 2016.

What is the rent for villa TH046?

AED 92,000 a year on the contract signed on 10 December 2022. The previous contract, from December 2021, was AED 88,000; the villa has been rented since December 2019.

How big is villa TH046?

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

What is villa TH046 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 TH046, Safi Townhouses

Starts from the last sale price (AED 2M, 2 November 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 →