107, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 107, Safeer Tower 1
What is 107 worth today?
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Source: Dubai Land Department. Updated 14 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 430 sqft
- Floor
- 1st of 15
- Parking
- B2 - 016
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,400 /yr
- Last sold
- AED 714K · August 2017
- Building
- Safeer Tower 1
About 107, Safeer Tower 1
107 is a studio of 430 sqft on the 1st 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 6 August 2017 for AED 714,048, or AED 1,661 per sqft, in line with the AED 1,662 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 14 March 2025, is AED 52,030 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 8,400 a year.
Sales and rents for 107 over time
107 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safeer Tower 1, and where 107 sits
All 81 studios →107 last sold in August 2017 at AED 1,661 per sqft, in line with what studios in Safeer Tower 1 were fetching at the time (AED 1,662). Over the last 12 months studios sold for AED 640,000 to 740,000, around AED 1,455 per sqft, and rent for AED 46,659 to 70,072 a year. 107's AED 52,030 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 445 sqft | 655,000 | 1,471 | ||
| 25 Dec 202525 December 2025 | 445 sqft | 640,000 | 1,438 | ||
| 18 Dec 202518 December 2025 | 445 sqft | 740,000 | 1,662 | ||
| 23 Jul 202523 July 2025 | 427 sqft | 720,000 | 1,687 |
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 1st floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 959 sqft | AED 1.38MAED 1,379,447 · Aug 2017August 2017 | 60,829 /yr | |
| 102 | Studio | 427 sqft | AED 664KAED 664,004 · Aug 2017August 2017 | 60,000 /yr | |
| 103 | Studio | 445 sqft | AED 692KAED 692,306 · Aug 2017August 2017 | 56,000 /yr | |
| 104 | Studio | 430 sqft | AED 560KAED 560,000 · Mar 2018March 2018 | 48,000 /yr | |
| 105 | Studio | 601 sqft | AED 925KAED 925,000 · Aug 2017August 2017 | 15,000 /yr | |
| 106 | Studio | 601 sqft | AED 360KAED 360,378 · Nov 2020November 2020 | 72,000 /yr | |
| 108 | Studio | 445 sqft | AED 671KAED 670,536 · Aug 2017August 2017 | 54,000 /yr | |
| 109 | Studio | 426 sqft | AED 711KAED 710,821 · Aug 2017August 2017 | 54,000 /yr | |
| 110 | 1-bed | 960 sqft | AED 1.35MAED 1,347,696 · Aug 2017August 2017 | 47,000 /yr |
107, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 6 August 2017 for AED 714,048, or AED 1,661 per sqft.
- Rented since January 2021 on 5 Ejari contracts, from AED 26,000 to AED 52,030 a year.
- At AED 52,030 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 8,400 a year (AED 19.53 per sqft).
- Studios in Safeer Tower 1 sold for AED 640,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 1,438 per sqft.
Source: Dubai Land Department. Updated 14 March 2025.
Questions about 107, Safeer Tower 1
What did unit 107 last sell for?
AED 714,048 on 6 August 2017, sold by the developer: AED 1,661 per sqft for 430 sqft. It is the only registered sale of the unit.
What is the rent for unit 107?
AED 52,030 a year on the contract renewed on 14 March 2025. The previous contract, from March 2024, was AED 47,330; the unit has been rented since January 2021.
How big is unit 107?
430 sqft (39.9 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.
What is unit 107 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 1 sold for AED 640,000 to 740,000 in the last 12 months, around AED 1,455 per sqft.
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Mortgage on 107, Safeer Tower 1
Starts from the last sale price (AED 714K, 6 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 714,048
- Deposit, UAE resident (20%)
- AED 142,810
- Deposit, non-resident (40%)
- AED 285,619
- Monthly over 25 years at 3.7%
- AED 2,921
Plus AED 35,000 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →