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

TH283, Safi Townhouses

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

Villa TH283 · DLD and Ejari recordsUpdated 12 July 2023
Last soldAED 2.55M12 July 2023
Current rentAED 145K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH283, Safi Townhouses

What is TH283 worth today?

Last sold for AED 2,550,000 in 2023

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12 Jul 2023SoldReady
AED 2,550,000AED 1,055 per sqft
1 Jul 2023RentedNew contract
AED 145,000/yr13 months · AED 60 per sqft
2 Oct 2022RentedRenewal
AED 110,820/yr9 months · AED 46 per sqft
2 Oct 2021RentedRenewal
AED 105,000/yr12 months · AED 43 per sqft
2 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
1 Sep 2019RentedNew contract
AED 130,000/yr12 months · AED 54 per sqft
26 Oct 2016Sold by developerOff-plan
AED 1,865,888AED 772 per sqft

Source: Dubai Land Department. Updated 12 July 2023.

Key facts

Type
4-bed villa
Size
2,417 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 2.55M · July 2023

About TH283, Safi Townhouses

TH283 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 12 July 2023 for AED 2,550,000, or AED 1,055 per sqft, 12% above the AED 946 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 July 2023, is AED 145,000 a year: a gross yield of 5.7% on the 2023 price.

Sales and rents for TH283 over time

Sales
Villa TH283, 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 1,865,888 (AED 772 per sqft)Sold, July 2023: AED 2,550,000 (AED 1,055 per sqft)

TH283 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH283, each contractTypical four-bed in Safi Townhouses
100K150K20192021202320252027Typical 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, September 2019: AED 130,000 a yearNew contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 105,000 a yearRenewal, October 2022: AED 110,820 a yearNew contract, July 2023: AED 145,000 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 TH283 sits

All 90 4-beds →

TH283 last sold in July 2023 at AED 1,055 per sqft, 12% above what four-beds in Safi Townhouses were fetching at the time (AED 946). TH283's AED 145,000 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 →

TH283, Safi Townhouses in numbers

  • Sold twice: first on 26 October 2016 for AED 1,865,888, last on 12 July 2023 for AED 2,550,000 (AED 1,055 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 100,000 in 2020 and recovered to AED 145,000 by July 2023.
  • At AED 145,000 a year the gross yield on the 2023 price is 5.7%.

Source: Dubai Land Department. Updated 12 July 2023.

Questions about TH283, Safi Townhouses

What did villa TH283 last sell for?

AED 2,550,000 on 12 July 2023: AED 1,055 per sqft for 2,417 sqft. The villa has 2 registered sales; the first was AED 1,865,888 in October 2016.

What is the rent for villa TH283?

AED 145,000 a year on the contract signed on 1 July 2023. The previous contract, from October 2022, was AED 110,820; the villa has been rented since September 2019.

How big is villa TH283?

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

What is villa TH283 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 TH283, Safi Townhouses

Starts from the last sale price (AED 2.55M, 12 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

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