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3-bed · 2,090 sqftSafi Townhouses, Town Square · completed 2019

TH121, Safi Townhouses

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH121 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 1.25M14 June 2020
Current rentAED 131K /yr17 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH121, Safi Townhouses

What is TH121 worth today?

Last sold for AED 1,250,000 in 2020

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17 Sep 2024RentedRenewal
AED 131,250/yr12 months · AED 63 per sqft
17 Sep 2022RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
20 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 48 per sqft
1 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 41 per sqft
14 Jun 2020SoldReady
AED 1,250,000AED 598 per sqft
20 Sep 2019RentedNew contract
AED 95,000/yr12 months · AED 45 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,360,888AED 651 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
3-bed villa
Size
2,090 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.25M · June 2020
Community
Safi Townhouses

About TH121, Safi Townhouses

TH121 is a three-bedroom villa of 2,090 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 14 June 2020 for AED 1,250,000, or AED 598 per sqft, in line with the AED 616 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 17 September 2024, is AED 131,250 a year: a gross yield of 10.5% on the 2020 price.

Sales and rents for TH121 over time

Sales
Villa TH121, 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 1,360,888 (AED 651 per sqft)Sold, June 2020: AED 1,250,000 (AED 598 per sqft)

TH121 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH121, 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, September 2019: AED 95,000 a yearNew contract, November 2020: AED 85,000 a yearNew contract, October 2021: AED 100,000 a yearNew contract, September 2022: AED 125,000 a yearRenewal, September 2024: AED 131,250 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 TH121 sits

All 224 3-beds →

TH121 last sold in June 2020 at AED 598 per sqft, in line with what three-beds in Safi Townhouses were fetching at the time (AED 616). 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. TH121's AED 131,250 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 →

TH121, Safi Townhouses in numbers

  • Sold twice: first on 26 October 2016 for AED 1,360,888, last on 14 June 2020 for AED 1,250,000 (AED 598 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2020 and recovered to AED 131,250 by September 2024.
  • At AED 131,250 a year the gross yield on the 2020 price is 10.5%.
  • 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 17 September 2024.

Questions about TH121, Safi Townhouses

What did villa TH121 last sell for?

AED 1,250,000 on 14 June 2020: AED 598 per sqft for 2,090 sqft. The villa has 2 registered sales; the first was AED 1,360,888 in October 2016.

What is the rent for villa TH121?

AED 131,250 a year on the contract renewed on 17 September 2024. The previous contract, from September 2022, was AED 125,000; the villa has been rented since September 2019.

How big is villa TH121?

2,090 sqft (194.2 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH121 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 TH121, Safi Townhouses

Starts from the last sale price (AED 1.25M, 14 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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