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

TH231, Safi Townhouses

Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH231 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 1.51M26 October 2016
Current rentAED 145K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH231, Safi Townhouses

What is TH231 worth today?

Last sold for AED 1,512,888 in 2016

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1 Aug 2024RentedNew contract
AED 145,000/yr12 months · AED 69 per sqft
27 Sep 2023RentedRenewal
AED 94,555/yr6 months · AED 45 per sqft
27 Sep 2022RentedRenewal
AED 90,405/yr12 months · AED 43 per sqft
27 Sep 2021RentedRenewal
AED 86,100/yr12 months · AED 41 per sqft
27 Sep 2020RentedNew contract
AED 82,000/yr12 months · AED 39 per sqft
5 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 41 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,512,888AED 723 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed villa
Size
2,090 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.51M · October 2016
Community
Safi Townhouses

About TH231, Safi Townhouses

TH231 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 26 October 2016 for AED 1,512,888, or AED 723 per sqft, 13% above the AED 641 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 145,000 a year: a gross yield of 9.6% on the 2016 price.

Sales and rents for TH231 over time

Sales
Villa TH231, 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 1,512,888 (AED 723 per sqft)

TH231 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH231, 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, November 2019: AED 85,000 a yearNew contract, September 2020: AED 82,000 a yearRenewal, September 2021: AED 86,100 a yearRenewal, September 2022: AED 90,405 a yearRenewal, September 2023: AED 94,555 a yearNew contract, August 2024: AED 145,000 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 TH231 sits

All 224 3-beds →

TH231 last sold in October 2016 at AED 723 per sqft, 13% above what three-beds in Safi Townhouses were fetching at the time (AED 641). 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. TH231's AED 145,000 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 →

TH231, Safi Townhouses in numbers

  • Sold once: by Nshmi Development on 26 October 2016 for AED 1,512,888, or AED 723 per sqft.
  • Rented since November 2019 on 6 Ejari contracts, from AED 85,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2016 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 1 August 2024.

Questions about TH231, Safi Townhouses

What did villa TH231 last sell for?

AED 1,512,888 on 26 October 2016, sold by the developer: AED 723 per sqft for 2,090 sqft. It is the only registered sale of the villa.

What is the rent for villa TH231?

AED 145,000 a year on the contract signed on 1 August 2024. The previous contract, from September 2023, was AED 94,555; the villa has been rented since November 2019.

How big is villa TH231?

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

What is villa TH231 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 TH231, Safi Townhouses

Starts from the last sale price (AED 1.51M, 26 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,512,888
Deposit, UAE resident (20%)
AED 302,578
Deposit, non-resident (40%)
AED 605,155
Monthly over 25 years at 3.7%
AED 6,190

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