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

TH294, Safi Townhouses

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH294 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 2.2M14 June 2024
Current rentAED 130K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH294, Safi Townhouses

What is TH294 worth today?

Last sold for AED 2,200,000 in 2024

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14 Jun 2024SoldReady
AED 2,200,000AED 1,043 per sqft
1 May 2023RentedNew contract
AED 130,000/yr12 months · AED 62 per sqft
1 Apr 2022RentedRenewal
AED 95,000/yr12 months · AED 45 per sqft
1 Apr 2021RentedNew contract
AED 85,000/yr12 months · AED 40 per sqft
15 Feb 2020RentedNew contract
AED 85,000/yr12 months · AED 40 per sqft
1 Aug 2019Sold by developerReady
AED 1,390,888AED 659 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
3-bed villa
Size
2,109 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 2.2M · June 2024
Community
Safi Townhouses

About TH294, Safi Townhouses

TH294 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 14 June 2024 for AED 2,200,000, or AED 1,043 per sqft, 12% above the AED 930 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 May 2023, is AED 130,000 a year: a gross yield of 5.9% on the 2024 price.

Sales and rents for TH294 over time

Sales
Villa TH294, 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, August 2019: AED 1,390,888 (AED 659 per sqft)Sold, June 2024: AED 2,200,000 (AED 1,043 per sqft)

TH294 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH294, each contractTypical three-bed in Safi Townhouses
100K125K20192021202320252027Typical 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, February 2020: AED 85,000 a yearNew contract, April 2021: AED 85,000 a yearRenewal, April 2022: AED 95,000 a yearNew contract, May 2023: AED 130,000 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 TH294 sits

All 224 3-beds →

TH294 last sold in June 2024 at AED 1,043 per sqft, 12% above what three-beds in Safi Townhouses were fetching at the time (AED 930). 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. TH294's AED 130,000 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 →

TH294, Safi Townhouses in numbers

  • Sold twice: first on 1 August 2019 for AED 1,390,888, last on 14 June 2024 for AED 2,200,000 (AED 1,043 per sqft).
  • Rented since February 2020 on 4 Ejari contracts, from AED 85,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 5.9%.
  • 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 14 June 2024.

Questions about TH294, Safi Townhouses

What did villa TH294 last sell for?

AED 2,200,000 on 14 June 2024: AED 1,043 per sqft for 2,109 sqft. The villa has 2 registered sales; the first was AED 1,390,888 in August 2019.

What is the rent for villa TH294?

AED 130,000 a year on the contract signed on 1 May 2023. The previous contract, from April 2022, was AED 95,000; the villa has been rented since February 2020.

How big is villa TH294?

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

What is villa TH294 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 TH294, Safi Townhouses

Starts from the last sale price (AED 2.2M, 14 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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