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

TH123, Safi Townhouses

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

Villa TH123 · DLD and Ejari recordsUpdated 15 June 2021
Last soldAED 1.55M15 June 2021
Current rentAED 85K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH123, Safi Townhouses

What is TH123 worth today?

Last sold for AED 1,550,000 in 2021

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15 Jun 2021SoldReady
AED 1,550,000AED 741 per sqft
1 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 41 per sqft
29 Oct 2019RentedNew contract
AED 85,000/yr12 months · AED 41 per sqft
19 Jan 2017Sold by developerOff-plan
AED 1,388,888AED 664 per sqft

Source: Dubai Land Department. Updated 15 June 2021.

Key facts

Type
3-bed villa
Size
2,090 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.55M · June 2021
Community
Safi Townhouses

About TH123, Safi Townhouses

TH123 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 15 June 2021 for AED 1,550,000, or AED 741 per sqft, 21% above the AED 614 three-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 November 2020, is AED 85,000 a year: a gross yield of 5.5% on the 2021 price.

Sales and rents for TH123 over time

Sales
Villa TH123, 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, January 2017: AED 1,388,888 (AED 664 per sqft)Sold, June 2021: AED 1,550,000 (AED 741 per sqft)

TH123 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH123, 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, October 2019: AED 85,000 a yearNew contract, November 2020: AED 85,000 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 TH123 sits

All 224 3-beds →

TH123 last sold in June 2021 at AED 741 per sqft, 21% above what three-beds in Safi Townhouses were fetching at the time (AED 614). 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. TH123's AED 85,000 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 →

TH123, Safi Townhouses in numbers

  • Sold twice: first on 19 January 2017 for AED 1,388,888, last on 15 June 2021 for AED 1,550,000 (AED 741 per sqft).
  • Rented since October 2019 on 2 Ejari contracts, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 5.5%.
  • 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 15 June 2021.

Questions about TH123, Safi Townhouses

What did villa TH123 last sell for?

AED 1,550,000 on 15 June 2021: AED 741 per sqft for 2,090 sqft. The villa has 2 registered sales; the first was AED 1,388,888 in January 2017.

What is the rent for villa TH123?

AED 85,000 a year on the contract signed on 1 November 2020. The previous contract, from October 2019, was AED 85,000.

How big is villa TH123?

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

What is villa TH123 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 TH123, Safi Townhouses

Starts from the last sale price (AED 1.55M, 15 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →