1004, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in April 2015, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Safeer Tower 1
What is 1004 worth today?
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Source: Dubai Land Department. Updated 15 December 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,580 sqft
- Floor
- 10th of 15
- Parking
- B2 - 080
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.17M · April 2015
- Building
- Safeer Tower 1
About 1004, Safeer Tower 1
1004 is a two-bedroom apartment of 1,580 sqft on the 10th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. The developer sold it on 14 April 2015 for AED 2,171,741, or AED 1,390 per sqft.
One Ejari contract is registered, from 15 December 2020. The current contract, signed on 15 December 2020, is AED 89,759 a year: a gross yield of 4.1% on the 2015 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1004 over time
1004 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Safeer Tower 1, and where 1004 sits
All 27 2-beds →1004's AED 89,759 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 202511 July 2025 | 1,583 sqft | 1,460,000 | 922 | ||
| 16 Jun 202516 June 2025 | 1,501 sqft | 1,480,000 | 986 | ||
| 23 May 202523 May 2025 | 1,501 sqft | 1,600,000 | 1,066 | ||
| 6 Mar 20256 March 2025 | 1,501 sqft | 1,575,000 | 1,049 |
Safeer Tower 1
Building170 apartments, studios to 2-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,438
- Typical sale
- AED 655K
- Typical rent
- AED 65K /yr
- Typical yield
- 7.6%
Other units on the 10th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 961 sqft | AED 1.39MAED 1,392,899 · Aug 2017August 2017 | 70,000 /yr | |
| 1002 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 51,600 /yr | |
| 1003 | 2-bed | 1,501 sqft | AED 1.94MAED 1,942,618 · Aug 2017August 2017 | 128,000 /yr | |
| 1005 | 2-bed | 1,583 sqft | AED 1.02MAED 1,020,000 · Feb 2021February 2021 | 120,000 /yr | |
| 1006 | 2-bed | 1,501 sqft | AED 1.5MAED 1,500,000 · Apr 2024April 2024 | 60,000 /yr | |
| 1007 | 1-bed | 852 sqft | AED 1.24MAED 1,240,502 · Apr 2015April 2015 | ||
| 1008 | 1-bed | 960 sqft | AED 672KAED 672,021 · Mar 2022March 2022 | 93,000 /yr |
1004, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 14 April 2015 for AED 2,171,741, or AED 1,390 per sqft.
- Rented since December 2020 on one Ejari contract, at AED 89,759 a year.
- At AED 89,759 a year the gross yield on the 2015 price is 4.1%, before a service charge of about AED 30,900 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 15 December 2020.
Questions about 1004, Safeer Tower 1
What did unit 1004 last sell for?
AED 2,171,741 on 14 April 2015, sold by the developer: AED 1,390 per sqft for 1,580 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 89,759 a year on the contract signed on 15 December 2020.
How big is unit 1004?
1,580 sqft (146.8 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2017.
What is unit 1004 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 1004, Safeer Tower 1
Starts from the last sale price (AED 2.17M, 14 April 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,171,741
- Deposit, UAE resident (20%)
- AED 434,348
- Deposit, non-resident (40%)
- AED 868,696
- Monthly over 25 years at 3.7%
- AED 8,885
Plus AED 96,223 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →