Home
Dubai prices
About
Research
3-bed · 2,221 sqftSafi Townhouses, Town Square · completed 2019

TH248, Safi Townhouses

Sold prices and rental history: sold twice, last in July 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH248 · DLD and Ejari recordsUpdated 11 July 2023
Last soldAED 1.89M11 July 2023
Current rentAED 87K /yr30 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH248

Property timeline for TH248, Safi Townhouses

What is TH248 worth today?

Last sold for AED 1,890,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Jul 2023SoldReady
AED 1,890,000AED 850 per sqft
30 Sep 2022RentedRenewal
AED 86,900/yr12 months · AED 39 per sqft
30 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 34 per sqft
11 Sep 2019RentedNew contract
AED 95,000/yr24 months · AED 43 per sqft
3 Nov 2016Sold by developerOff-plan
AED 1,416,888AED 637 per sqft

Source: Dubai Land Department. Updated 11 July 2023.

Key facts

Type
3-bed villa
Size
2,221 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.89M · July 2023
Community
Safi Townhouses

About TH248, Safi Townhouses

TH248 is a three-bedroom villa of 2,221 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. It last sold on 11 July 2023 for AED 1,890,000, or AED 850 per sqft, in line with the AED 845 three-beds in the community were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 30 September 2022, is AED 86,900 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for TH248 over time

Sales
Villa TH248, 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 1,416,888 (AED 637 per sqft)Sold, July 2023: AED 1,890,000 (AED 850 per sqft)

TH248 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH248, 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, September 2019: AED 95,000 a yearNew contract, September 2020: AED 75,000 a yearRenewal, September 2022: AED 86,900 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 TH248 sits

All 224 3-beds →

TH248 last sold in July 2023 at AED 850 per sqft, in line with what three-beds in Safi Townhouses were fetching at the time (AED 845). 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. TH248's AED 86,900 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 →

TH248, Safi Townhouses in numbers

  • Sold twice: first on 3 November 2016 for AED 1,416,888, last on 11 July 2023 for AED 1,890,000 (AED 850 per sqft).
  • Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2020 and recovered to AED 86,900 by September 2022.
  • At AED 86,900 a year the gross yield on the 2023 price is 4.6%.
  • 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 11 July 2023.

Questions about TH248, Safi Townhouses

What did villa TH248 last sell for?

AED 1,890,000 on 11 July 2023: AED 850 per sqft for 2,221 sqft. The villa has 2 registered sales; the first was AED 1,416,888 in November 2016.

What is the rent for villa TH248?

AED 86,900 a year on the contract renewed on 30 September 2022. The previous contract, from September 2020, was AED 75,000; the villa has been rented since September 2019.

How big is villa TH248?

2,221 sqft (206.3 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH248 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.

Selling TH248? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH248, Safi Townhouses

Starts from the last sale price (AED 1.89M, 11 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,890,000
Deposit, UAE resident (20%)
AED 378,000
Deposit, non-resident (40%)
AED 756,000
Monthly over 25 years at 3.7%
AED 7,733

Plus AED 84,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →