4-bed · 2,417 sqftSafi Townhouses, Town Square · completed 2019

TH245, Safi Townhouses

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

Villa TH245 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.55M14 December 2020
Current rentAED 54K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH245, Safi Townhouses

What is TH245 worth today?

Last sold for AED 1,550,000 in 2020

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15 Dec 2020RentedNew contract
AED 53,500/yr12 months · AED 22 per sqft
14 Dec 2020SoldReady
AED 1,550,000AED 641 per sqft
15 Dec 2019RentedNew contract
AED 107,000/yr12 months · AED 44 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,608,888AED 665 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
4-bed villa
Size
2,417 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.55M · December 2020

About TH245, Safi Townhouses

TH245 is a four-bedroom villa of 2,417 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 14 December 2020 for AED 1,550,000, or AED 641 per sqft, in line with the AED 646 four-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 December 2020, is AED 53,500 a year: a gross yield of 3.5% on the 2020 price.

Sales and rents for TH245 over time

Sales
Villa TH245, each saleTypical four-bed in Safi Townhouses
2M3M2016201920222025Typical sale price by year: 2016 AED 1,702,888; 2017 AED 1,656,388; 2018 AED 1,788,888; 2019 AED 1,684,944; 2020 AED 1,500,000; 2021 AED 1,612,944; 2022 AED 2,180,000; 2023 AED 2,350,000; 2024 AED 3,037,500; 2025 AED 3,312,500Sold by developer, October 2016: AED 1,608,888 (AED 665 per sqft)Sold, December 2020: AED 1,550,000 (AED 641 per sqft)

TH245 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH245, each contractTypical four-bed in Safi Townhouses
100K20192021202320252027Typical rent by year: 2019 AED 110,000; 2020 AED 100,000; 2021 AED 104,669; 2022 AED 115,000; 2023 AED 126,671; 2024 AED 151,250; 2025 AED 162,500; 2026 AED 170,000New contract, December 2019: AED 107,000 a yearNew contract, December 2020: AED 53,500 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Safi Townhouses, and where TH245 sits

All 90 4-beds →

TH245 last sold in December 2020 at AED 641 per sqft, in line with what four-beds in Safi Townhouses were fetching at the time (AED 646). TH245's AED 53,500 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
16 Oct 20253,500,000
9 Oct 20253,375,000
7 Oct 20253,600,000
23 Sep 20252,900,000
0 4-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 →

TH245, Safi Townhouses in numbers

  • Sold twice: first on 26 October 2016 for AED 1,608,888, last on 14 December 2020 for AED 1,550,000 (AED 641 per sqft).
  • Rented since December 2019 on 2 Ejari contracts, from AED 107,000 to AED 53,500 a year.
  • At AED 53,500 a year the gross yield on the 2020 price is 3.5%.

Source: Dubai Land Department. Updated 15 December 2020.

Questions about TH245, Safi Townhouses

What did villa TH245 last sell for?

AED 1,550,000 on 14 December 2020: AED 641 per sqft for 2,417 sqft. The villa has 2 registered sales; the first was AED 1,608,888 in October 2016.

What is the rent for villa TH245?

AED 53,500 a year on the contract signed on 15 December 2020. The previous contract, from December 2019, was AED 107,000.

How big is villa TH245?

2,417 sqft (224.5 sqm): a four-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH245 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH245, Safi Townhouses

Starts from the last sale price (AED 1.55M, 14 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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