3-bed · 2,213 sqftSafi Townhouses, Town Square · completed 2019

TH302, Safi Townhouses

Sold prices and rental history: sold once, by the developer in November 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH302 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 1.3M24 November 2016
Current rentAED 150K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH302, Safi Townhouses

What is TH302 worth today?

Last sold for AED 1,300,888 in 2016

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10 Jun 2024RentedRenewal
AED 150,000/yr24 months · AED 68 per sqft
10 Jun 2023RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
10 Jun 2022RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
24 Nov 2016Sold by developerOff-plan
AED 1,300,888AED 587 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
3-bed villa
Size
2,213 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 1.3M · November 2016

About TH302, Safi Townhouses

TH302 is a three-bedroom villa of 2,213 sqft in Safi Townhouses, a villa community in Town Square completed in 2019 by Nshmi Development. The developer sold it on 24 November 2016 for AED 1,300,888, or AED 587 per sqft, 8% below the AED 640 three-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 150,000 a year: a gross yield of 11.5% on the 2016 price.

Sales and rents for TH302 over time

Sales
Villa TH302, 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 1,300,888 (AED 587 per sqft)

TH302 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH302, 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, June 2022: AED 110,000 a yearRenewal, June 2023: AED 120,000 a yearRenewal, June 2024: AED 150,000 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 TH302 sits

All 224 3-beds →

TH302 last sold in November 2016 at AED 587 per sqft, 8% below what three-beds in Safi Townhouses were fetching at the time (AED 640). 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. TH302's AED 150,000 is in the upper 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 →

TH302, Safi Townhouses in numbers

  • Sold once: by Nshmi Development on 24 November 2016 for AED 1,300,888, or AED 587 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 110,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2016 price is 11.5%.
  • 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 10 June 2024.

Questions about TH302, Safi Townhouses

What did villa TH302 last sell for?

AED 1,300,888 on 24 November 2016, sold by the developer: AED 587 per sqft for 2,213 sqft. It is the only registered sale of the villa.

What is the rent for villa TH302?

AED 150,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2023, was AED 120,000; the villa has been rented since June 2022.

How big is villa TH302?

2,213 sqft (205.6 sqm): a three-bedroom villa in Safi Townhouses, completed in 2019.

What is villa TH302 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 TH302, Safi Townhouses

Starts from the last sale price (AED 1.3M, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,888
Deposit, UAE resident (20%)
AED 260,178
Deposit, non-resident (40%)
AED 520,355
Monthly over 25 years at 3.7%
AED 5,322

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