108, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Safeer Tower 1
What is 108 worth today?
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Source: Dubai Land Department. Updated 4 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 445 sqft
- Floor
- 1st of 15
- Parking
- B2 - 015
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,700 /yr
- Last sold
- AED 671K · August 2017
- Building
- Safeer Tower 1
About 108, Safeer Tower 1
108 is a studio of 445 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 26 August 2017 for AED 670,536, or AED 1,506 per sqft, 10% below the AED 1,669 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 4 September 2025, is AED 54,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 8,700 a year.
Sales and rents for 108 over time
108 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 108 sits
All 81 studios →108 last sold in August 2017 at AED 1,506 per sqft, 10% below what studios in Safeer Tower 1 were fetching at the time (AED 1,669). 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. 108's AED 54,000 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 | |
| 107 | Studio | 430 sqft | AED 714KAED 714,048 · Aug 2017August 2017 | 52,030 /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 |
108, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 670,536, or AED 1,506 per sqft.
- Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 33,000 in 2021 and recovered to AED 54,000 by September 2025.
- At AED 54,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 8,700 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 4 September 2025.
Questions about 108, Safeer Tower 1
What did unit 108 last sell for?
AED 670,536 on 26 August 2017, sold by the developer: AED 1,506 per sqft for 445 sqft. It is the only registered sale of the unit.
What is the rent for unit 108?
AED 54,000 a year on the contract signed on 4 September 2025. The previous contract, from October 2023, was AED 48,000; the unit has been rented since September 2018.
How big is unit 108?
445 sqft (41.3 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.
What is unit 108 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 108, Safeer Tower 1
Starts from the last sale price (AED 671K, 26 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 670,536
- Deposit, UAE resident (20%)
- AED 134,107
- Deposit, non-resident (40%)
- AED 268,214
- Monthly over 25 years at 3.7%
- AED 2,743
Plus AED 33,172 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →