4-bed · 2,417 sqftSafi Townhouses, Town Square · completed 2019

TH114, Safi Townhouses

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

Villa TH114 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 1.5M15 October 2020
Current rentAED 160K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH114, Safi Townhouses

What is TH114 worth today?

Last sold for AED 1,500,000 in 2020

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15 Jul 2024RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
15 Jul 2023RentedRenewal
AED 147,000/yr12 months · AED 61 per sqft
26 Feb 2021RentedNew contract
AED 104,669/yr8 months · AED 43 per sqft
15 Oct 2020SoldReady
AED 1,500,000AED 620 per sqft
25 Feb 2020RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
11 Jan 2017Sold by developerOff-plan
AED 1,690,888AED 699 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
4-bed villa
Size
2,417 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.5M · October 2020

About TH114, Safi Townhouses

TH114 is a four-bedroom villa of 2,417 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 15 October 2020 for AED 1,500,000, or AED 620 per sqft, 6% below the AED 661 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 160,000 a year: a gross yield of 10.7% on the 2020 price.

Sales and rents for TH114 over time

Sales
Villa TH114, each saleTypical four-bed in Safi Townhouses
2M3M2016201920222025Typical sale price by year: 2016 AED 1,702,888; 2017 AED 1,656,388; 2018 AED 1,788,888; 2019 AED 1,684,944; 2020 AED 1,500,000; 2021 AED 1,612,944; 2022 AED 2,180,000; 2023 AED 2,350,000; 2024 AED 3,037,500; 2025 AED 3,312,500Sold by developer, January 2017: AED 1,690,888 (AED 699 per sqft)Sold, October 2020: AED 1,500,000 (AED 620 per sqft)

TH114 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH114, each contractTypical four-bed in Safi Townhouses
100K150K20192021202320252027Typical rent by year: 2019 AED 110,000; 2020 AED 100,000; 2021 AED 104,669; 2022 AED 115,000; 2023 AED 126,671; 2024 AED 151,250; 2025 AED 162,500; 2026 AED 170,000New contract, February 2020: AED 105,000 a yearNew contract, February 2021: AED 104,669 a yearRenewal, July 2023: AED 147,000 a yearRenewal, July 2024: AED 160,000 a year

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

4-beds in Safi Townhouses, and where TH114 sits

All 90 4-beds →

TH114 last sold in October 2020 at AED 620 per sqft, 6% below what four-beds in Safi Townhouses were fetching at the time (AED 661). TH114's AED 160,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
16 Oct 20253,500,000
9 Oct 20253,375,000
7 Oct 20253,600,000
23 Sep 20252,900,000
0 4-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 →

TH114, Safi Townhouses in numbers

  • Sold twice: first on 11 January 2017 for AED 1,690,888, last on 15 October 2020 for AED 1,500,000 (AED 620 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 105,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 10.7%.

Source: Dubai Land Department. Updated 15 July 2024.

Questions about TH114, Safi Townhouses

What did villa TH114 last sell for?

AED 1,500,000 on 15 October 2020: AED 620 per sqft for 2,417 sqft. The villa has 2 registered sales; the first was AED 1,690,888 in January 2017.

What is the rent for villa TH114?

AED 160,000 a year on the contract renewed on 15 July 2024. The previous contract, from July 2023, was AED 147,000; the villa has been rented since February 2020.

How big is villa TH114?

2,417 sqft (224.5 sqm): a four-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH114 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH114, Safi Townhouses

Starts from the last sale price (AED 1.5M, 15 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →