3-bed · 2,109 sqftSafi Townhouses, Town Square · completed 2019

TH238, Safi Townhouses

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

Villa TH238 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 1.17M22 July 2019
Current rentAED 137K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH238, Safi Townhouses

What is TH238 worth today?

Last sold for AED 1,170,000 in 2019

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1 Aug 2025RentedRenewal
AED 137,000/yr12 months · AED 65 per sqft
1 Aug 2024RentedNew contract
AED 137,000/yr12 months · AED 65 per sqft
29 May 2023RentedNew contract
AED 150,000/yr12 months · AED 71 per sqft
4 Feb 2022RentedNew contract
AED 100,000/yr12 months · AED 47 per sqft
12 Dec 2020RentedRenewal
AED 78,000/yr12 months · AED 37 per sqft
12 Dec 2019RentedNew contract
AED 80,000/yr12 months · AED 38 per sqft
22 Jul 2019SoldReady
AED 1,170,000AED 554 per sqft
24 Nov 2016Sold by developerOff-plan
AED 1,272,888AED 603 per sqft

Source: Dubai Land Department. Updated 1 August 2025.

Key facts

Type
3-bed villa
Size
2,109 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.17M · July 2019

About TH238, Safi Townhouses

TH238 is a three-bedroom villa of 2,109 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 22 July 2019 for AED 1,170,000, or AED 554 per sqft, in line with the AED 559 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 137,000 a year: a gross yield of 11.7% on the 2019 price.

Sales and rents for TH238 over time

Sales
Villa TH238, 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, November 2016: AED 1,272,888 (AED 603 per sqft)Sold, July 2019: AED 1,170,000 (AED 554 per sqft)

TH238 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH238, 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, December 2019: AED 80,000 a yearRenewal, December 2020: AED 78,000 a yearNew contract, February 2022: AED 100,000 a yearNew contract, May 2023: AED 150,000 a yearNew contract, August 2024: AED 137,000 a yearRenewal, August 2025: AED 137,000 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 TH238 sits

All 224 3-beds →

TH238 last sold in July 2019 at AED 554 per sqft, in line with what three-beds in Safi Townhouses were fetching at the time (AED 559). 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. TH238's AED 137,000 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 →

TH238, Safi Townhouses in numbers

  • Sold twice: first on 24 November 2016 for AED 1,272,888, last on 22 July 2019 for AED 1,170,000 (AED 554 per sqft).
  • Rented since December 2019 on 6 Ejari contracts, from AED 80,000 to AED 137,000 a year.
  • At AED 137,000 a year the gross yield on the 2019 price is 11.7%.
  • 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 2025.

Questions about TH238, Safi Townhouses

What did villa TH238 last sell for?

AED 1,170,000 on 22 July 2019: AED 554 per sqft for 2,109 sqft. The villa has 2 registered sales; the first was AED 1,272,888 in November 2016.

What is the rent for villa TH238?

AED 137,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 137,000; the villa has been rented since December 2019.

How big is villa TH238?

2,109 sqft (195.9 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH238 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 TH238, Safi Townhouses

Starts from the last sale price (AED 1.17M, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,170,000
Deposit, UAE resident (20%)
AED 234,000
Deposit, non-resident (40%)
AED 468,000
Monthly over 25 years at 3.7%
AED 4,787

Plus AED 54,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →