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

TH221, Safi Townhouses

Sold prices and rental history: sold twice, last in July 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH221 · DLD and Ejari recordsUpdated 14 July 2023
Last soldAED 1M14 July 2023
Current rentAED 105K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH221, Safi Townhouses

What is TH221 worth today?

Last sold for AED 1,000,000 in 2023

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14 Jul 2023SoldReady
AED 1,000,000AED 478 per sqft
15 Nov 2022RentedRenewal
AED 105,000/yr12 months · AED 50 per sqft
15 Oct 2021RentedNew contract
AED 100,000/yr13 months · AED 48 per sqft
10 Oct 2020RentedRenewal
AED 75,000/yr12 months · AED 36 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,379,888AED 660 per sqft

Source: Dubai Land Department. Updated 14 July 2023.

Key facts

Type
3-bed villa
Size
2,090 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1M · July 2023
Community
Safi Townhouses

About TH221, Safi Townhouses

TH221 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 July 2023 for AED 1,000,000, or AED 478 per sqft, 43% below the AED 840 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 105,000 a year: a gross yield of 10.5% on the 2023 price.

Sales and rents for TH221 over time

Sales
Villa TH221, 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 1,379,888 (AED 660 per sqft)Sold, July 2023: AED 1,000,000 (AED 478 per sqft)

TH221 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH221, 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 135,000Renewal, October 2020: AED 75,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, November 2022: AED 105,000 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 TH221 sits

All 224 3-beds →

TH221 last sold in July 2023 at AED 478 per sqft, 43% below what three-beds in Safi Townhouses were fetching at the time (AED 840). 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. TH221's AED 105,000 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 →

TH221, Safi Townhouses in numbers

  • Sold twice: first on 26 October 2016 for AED 1,379,888, last on 14 July 2023 for AED 1,000,000 (AED 478 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 75,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 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 14 July 2023.

Questions about TH221, Safi Townhouses

What did villa TH221 last sell for?

AED 1,000,000 on 14 July 2023: AED 478 per sqft for 2,090 sqft. The villa has 2 registered sales; the first was AED 1,379,888 in October 2016.

What is the rent for villa TH221?

AED 105,000 a year on the contract renewed on 15 November 2022. The previous contract, from October 2021, was AED 100,000; the villa has been rented since October 2020.

How big is villa TH221?

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

What is villa TH221 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 TH221, Safi Townhouses

Starts from the last sale price (AED 1M, 14 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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