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

TH162, Safi Townhouses

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH162 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.56M10 May 2017
Current rentAED 150K /yr27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH162, Safi Townhouses

What is TH162 worth today?

Last sold for AED 1,563,888 in 2017

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27 May 2024RentedRenewal
AED 150,000/yr12 months · AED 72 per sqft
27 May 2023RentedNew contract
AED 150,000/yr12 months · AED 72 per sqft
20 Apr 2022RentedRenewal
AED 125,000/yr12 months · AED 60 per sqft
20 Apr 2021RentedRenewal
AED 125,000/yr12 months · AED 60 per sqft
20 Apr 2020RentedNew contract
AED 125,000/yr12 months · AED 60 per sqft
10 May 2017Sold by developerOff-plan
AED 1,563,888AED 748 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
3-bed villa
Size
2,090 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.56M · May 2017
Community
Safi Townhouses

About TH162, Safi Townhouses

TH162 is a three-bedroom villa of 2,090 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. The developer sold it on 10 May 2017 for AED 1,563,888, or AED 748 per sqft, 16% above the AED 645 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 27 May 2024, is AED 150,000 a year: a gross yield of 9.6% on the 2017 price.

Sales and rents for TH162 over time

Sales
Villa TH162, 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, May 2017: AED 1,563,888 (AED 748 per sqft)

TH162 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH162, 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, April 2020: AED 125,000 a yearRenewal, April 2021: AED 125,000 a yearRenewal, April 2022: AED 125,000 a yearNew contract, May 2023: AED 150,000 a yearRenewal, May 2024: AED 150,000 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 TH162 sits

All 224 3-beds →

TH162 last sold in May 2017 at AED 748 per sqft, 16% above what three-beds in Safi Townhouses were fetching at the time (AED 645). 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. TH162's AED 150,000 is in the upper 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 →

TH162, Safi Townhouses in numbers

  • Sold once: by Nshmi Development on 10 May 2017 for AED 1,563,888, or AED 748 per sqft.
  • Rented since April 2020 on 5 Ejari contracts, from AED 125,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 9.6%.
  • 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 27 May 2024.

Questions about TH162, Safi Townhouses

What did villa TH162 last sell for?

AED 1,563,888 on 10 May 2017, sold by the developer: AED 748 per sqft for 2,090 sqft. It is the only registered sale of the villa.

What is the rent for villa TH162?

AED 150,000 a year on the contract renewed on 27 May 2024. The previous contract, from May 2023, was AED 150,000; the villa has been rented since April 2020.

How big is villa TH162?

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

What is villa TH162 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 TH162, Safi Townhouses

Starts from the last sale price (AED 1.56M, 10 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,888
Deposit, UAE resident (20%)
AED 312,778
Deposit, non-resident (40%)
AED 625,555
Monthly over 25 years at 3.7%
AED 6,398

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