PropertyIndex

Safi Townhouses

Completed · Q2 2019|314 villas

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Safi Townhouses is a completed villas development by NSHMI DEVELOPMENT L.L.C in Town Square, Al Yelayiss 2, comprising 314 registered villas. 516 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,382 per sqft. At AED 1,382 per sqft, Safi Townhouses prices 2% below the Town Square average of AED 1,409 per sqft on registered sales.

PIX© price · 15.8% YoY
3.24MAED
Typical
1,382AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
516
DLD · all time
Rent contracts
1,388
Ejari · all time
Safi Townhouses

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
2,003 – 5,760 sqft
3143.24M1,38215.8%159K4.9%
3 Bed · Villa
2,003 – 2,411 sqft
224
4 Bed · Villa
2,107 – 5,760 sqft
90
Sales — Project-Wide516 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
11 Aug 20263 Bed2,0223,150,0001,558PremiumStandard Sale
31 Jul 20263 Bed2,0502,750,0001,341+97.7%Entry LevelStandard Sale
30 Jul 20263 Bed2,1802,850,0001,307+59.2%Entry LevelStandard Sale
Rentals — Project-Wide1,388 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
12 Mar 20273 Bed2,183140,00064Standardrenewal
24 Aug 20263 Bed2,197170,00077Premiumnew
17 Aug 20263 Bed2,049148,00072+41.3%Entry Levelnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Common questions about Safi Townhouses

Answered from Dubai Land Department registered transactions.

How much does a property in Safi Townhouses cost?

Property in Safi Townhouses sells at a current PIX© price of AED 1,382 per sqft, or about AED 3,238,744 for a typical unit, based on 516 sales registered with the Dubai Land Department.

Is Safi Townhouses completed?

Yes. Safi Townhouses is recorded as completed in the Dubai Land Department project register (completed q2 2019).

Who is the developer of Safi Townhouses?

Safi Townhouses is developed by NSHMI DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Safi Townhouses?

Safi Townhouses yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 1,388 registered Ejari contracts.

How many villas are in Safi Townhouses?

Safi Townhouses holds 314 registered villas, per the Dubai Land Department unit register.

Have prices in Safi Townhouses gone up or down?

Price per sqft has risen +15.8% over the last 12 months, to AED 1,382, across 516 registered sales.