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3-bed · 21 sqftSafi Townhouses, Town Square · completed 2019

TH229, Safi Townhouses

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

Villa TH229 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 11K7 December 2020
Current rentAED 130K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH229, Safi Townhouses

What is TH229 worth today?

Last sold for AED 11,000 in 2020

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20 Nov 2023RentedRenewal
AED 130,000/yr12 months · AED 61 per sqft
20 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft
7 Dec 2020SoldReady
AED 11,000AED 516 per sqft
15 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 40 per sqft
15 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 45 per sqft
10 Jan 2017Sold by developerOff-plan
AED 1,536,888AED 723 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
3-bed villa
Size
21 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 11K · December 2020
Community
Safi Townhouses

About TH229, Safi Townhouses

TH229 is a three-bedroom villa of 21 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 7 December 2020 for AED 11,000, or AED 516 per sqft, 12% below the AED 588 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 130,000 a year: a gross yield of 1181.8% on the 2020 price.

Sales and rents for TH229 over time

Sales
Villa TH229, each saleTypical three-bed in Safi Townhouses
02M2016201920222025Typical 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 1,536,888 (AED 723 per sqft)Sold, December 2020: AED 11,000 (AED 516 per sqft)

TH229 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH229, 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, November 2019: AED 95,000 a yearNew contract, November 2020: AED 85,000 a yearNew contract, November 2021: AED 110,000 a yearRenewal, November 2023: AED 130,000 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 TH229 sits

All 224 3-beds →

TH229 last sold in December 2020 at AED 516 per sqft, 12% below what three-beds in Safi Townhouses were fetching at the time (AED 588). 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. TH229's AED 130,000 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 →

TH229, Safi Townhouses in numbers

  • Sold twice: first on 10 January 2017 for AED 1,536,888, last on 7 December 2020 for AED 11,000 (AED 516 per sqft).
  • Rented since November 2019 on 4 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2020 and recovered to AED 130,000 by November 2023.
  • At AED 130,000 a year the gross yield on the 2020 price is 1181.8%.
  • 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 20 November 2023.

Questions about TH229, Safi Townhouses

What did villa TH229 last sell for?

AED 11,000 on 7 December 2020: AED 516 per sqft for 21 sqft. The villa has 2 registered sales; the first was AED 1,536,888 in January 2017.

What is the rent for villa TH229?

AED 130,000 a year on the contract renewed on 20 November 2023. The previous contract, from November 2021, was AED 110,000; the villa has been rented since November 2019.

How big is villa TH229?

21 sqft (2.0 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH229 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 TH229, Safi Townhouses

Starts from the last sale price (AED 11K, 7 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 11,000
Deposit, UAE resident (20%)
AED 2,200
Deposit, non-resident (40%)
AED 4,400
Monthly over 25 years at 3.7%
AED 45

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