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

TH308, Safi Townhouses

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH308 · DLD and Ejari recordsUpdated 14 October 2024
Last soldAED 2.35M18 May 2023
Current rentAED 170K /yr14 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH308, Safi Townhouses

What is TH308 worth today?

Last sold for AED 2,350,000 in 2023

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14 Oct 2024RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
1 Oct 2023RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
18 May 2023SoldReady
AED 2,350,000AED 972 per sqft
1 Apr 2023RentedRenewal
AED 125,342/yr4 months · AED 52 per sqft
1 Apr 2022RentedNew contract
AED 120,000/yr12 months · AED 50 per sqft
17 Mar 2021RentedRenewal
AED 100,000/yr12 months · AED 41 per sqft
17 Mar 2020RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
10 Nov 2016Sold by developerOff-plan
AED 1,579,888AED 653 per sqft

Source: Dubai Land Department. Updated 14 October 2024.

Key facts

Type
4-bed villa
Size
2,417 sqft
Developer
Nshmi Development
Completed
2019
Last sold
AED 2.35M · May 2023

About TH308, Safi Townhouses

TH308 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 18 May 2023 for AED 2,350,000, or AED 972 per sqft, 6% above the AED 915 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 14 October 2024, is AED 170,000 a year: a gross yield of 7.2% on the 2023 price.

Sales and rents for TH308 over time

Sales
Villa TH308, 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, November 2016: AED 1,579,888 (AED 653 per sqft)Sold, May 2023: AED 2,350,000 (AED 972 per sqft)

TH308 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH308, 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, March 2020: AED 110,000 a yearRenewal, March 2021: AED 100,000 a yearNew contract, April 2022: AED 120,000 a yearRenewal, April 2023: AED 125,342 a yearNew contract, October 2023: AED 170,000 a yearRenewal, October 2024: AED 170,000 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 TH308 sits

All 90 4-beds →

TH308 last sold in May 2023 at AED 972 per sqft, 6% above what four-beds in Safi Townhouses were fetching at the time (AED 915). TH308's AED 170,000 is in the lower half 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 →

TH308, Safi Townhouses in numbers

  • Sold twice: first on 10 November 2016 for AED 1,579,888, last on 18 May 2023 for AED 2,350,000 (AED 972 per sqft).
  • Rented since March 2020 on 6 Ejari contracts, from AED 110,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 7.2%.

Source: Dubai Land Department. Updated 14 October 2024.

Questions about TH308, Safi Townhouses

What did villa TH308 last sell for?

AED 2,350,000 on 18 May 2023: AED 972 per sqft for 2,417 sqft. The villa has 2 registered sales; the first was AED 1,579,888 in November 2016.

What is the rent for villa TH308?

AED 170,000 a year on the contract renewed on 14 October 2024. The previous contract, from October 2023, was AED 170,000; the villa has been rented since March 2020.

How big is villa TH308?

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

What is villa TH308 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 TH308, Safi Townhouses

Starts from the last sale price (AED 2.35M, 18 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →