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3-bed · 2,205 sqftSafi Townhouses, Town Square · completed 2019

TH068, Safi Townhouses

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

Villa TH068 · DLD and Ejari recordsUpdated 3 August 2023
Last soldAED 1.95M3 August 2023
Current rentAED 95K /yr31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH068, Safi Townhouses

What is TH068 worth today?

Last sold for AED 1,950,000 in 2023

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3 Aug 2023SoldReady
AED 1,950,000AED 884 per sqft
31 Oct 2022RentedRenewal
AED 95,000/yr12 months · AED 43 per sqft
31 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 41 per sqft
31 Oct 2020RentedNew contract
AED 80,000/yr12 months · AED 36 per sqft
1 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 41 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,413,888AED 641 per sqft

Source: Dubai Land Department. Updated 3 August 2023.

Key facts

Type
3-bed villa
Size
2,205 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.95M · August 2023
Community
Safi Townhouses

About TH068, Safi Townhouses

TH068 is a three-bedroom villa of 2,205 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 3 August 2023 for AED 1,950,000, or AED 884 per sqft, 4% above the AED 850 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 31 October 2022, is AED 95,000 a year: a gross yield of 4.9% on the 2023 price.

Sales and rents for TH068 over time

Sales
Villa TH068, 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 1,413,888 (AED 641 per sqft)Sold, August 2023: AED 1,950,000 (AED 884 per sqft)

TH068 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH068, 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 90,000 a yearNew contract, October 2020: AED 80,000 a yearNew contract, October 2021: AED 90,000 a yearRenewal, October 2022: AED 95,000 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 TH068 sits

All 224 3-beds →

TH068 last sold in August 2023 at AED 884 per sqft, 4% above what three-beds in Safi Townhouses were fetching at the time (AED 850). 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. TH068's AED 95,000 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 →

TH068, Safi Townhouses in numbers

  • Sold twice: first on 26 October 2016 for AED 1,413,888, last on 3 August 2023 for AED 1,950,000 (AED 884 per sqft).
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2020 and recovered to AED 95,000 by October 2022.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.9%.
  • 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 3 August 2023.

Questions about TH068, Safi Townhouses

What did villa TH068 last sell for?

AED 1,950,000 on 3 August 2023: AED 884 per sqft for 2,205 sqft. The villa has 2 registered sales; the first was AED 1,413,888 in October 2016.

What is the rent for villa TH068?

AED 95,000 a year on the contract renewed on 31 October 2022. The previous contract, from October 2021, was AED 90,000; the villa has been rented since November 2019.

How big is villa TH068?

2,205 sqft (204.9 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH068 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 TH068, Safi Townhouses

Starts from the last sale price (AED 1.95M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →