1102, Safeer Tower 1
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1102, Safeer Tower 1
What is 1102 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 11th of 15
- Parking
- B1 - 056
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 16,700 /yr
- Last sold
- AED 950K · October 2023
- Building
- Safeer Tower 1
About 1102, Safeer Tower 1
1102 is a one-bedroom apartment of 857 sqft on the 11th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 23 October 2023 for AED 950,000, or AED 1,108 per sqft, 18% above the AED 936 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 January 2024, is AED 63,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 16,700 a year.
Sales and rents for 1102 over time
1102 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safeer Tower 1, and where 1102 sits
All 53 1-beds →1102 last sold in October 2023 at AED 1,108 per sqft, 18% above what one-beds in Safeer Tower 1 were fetching at the time (AED 936). Over the last 12 months one-beds sold for AED 1,080,000, around AED 1,067 per sqft, and rent for AED 72,000 to 82,000 a year. 1102's AED 63,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202516 May 2025 | 961 sqft | 963,000 | 1,002 | ||
| 17 Feb 202517 February 2025 | 857 sqft | 1,000,000 | 1,166 | ||
| 22 Jan 202522 January 2025 | 961 sqft | 940,000 | 978 | ||
| 19 Dec 202419 December 2024 | 961 sqft | 920,000 | 957 |
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 11th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 961 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 78,000 /yr | |
| 1103 | 2-bed | 1,501 sqft | AED 1.94MAED 1,942,618 · Aug 2017August 2017 | 105,000 /yr | |
| 1104 | 2-bed | 1,580 sqft | AED 1.48MAED 1,477,479 · Dec 2024December 2024 | 110,000 /yr | |
| 1105 | 2-bed | 1,583 sqft | AED 2.17MAED 2,171,741 · Aug 2017August 2017 | 110,000 /yr | |
| 1106 | 2-bed | 1,501 sqft | AED 1.2MAED 1,200,000 · May 2023May 2023 | 105,000 /yr | |
| 1107 | 1-bed | 852 sqft | AED 511KAED 511,308 · Nov 2020November 2020 | 72,000 /yr | |
| 1108 | 1-bed | 960 sqft | AED 1.35MAED 1,347,230 · Aug 2017August 2017 |
1102, Safeer Tower 1 in numbers
- Sold twice: first on 10 August 2017 for AED 1,282,553, last on 23 October 2023 for AED 950,000 (AED 1,108 per sqft).
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 46,000 in 2021 and recovered to AED 63,000 by January 2024.
- At AED 63,000 a year the gross yield on the 2023 price is 6.6%, before a service charge of about AED 16,700 a year (AED 19.53 per sqft).
- One-beds in Safeer Tower 1 sold for AED 1,080,000–1,080,000 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 15 January 2024.
Questions about 1102, Safeer Tower 1
What did unit 1102 last sell for?
AED 950,000 on 23 October 2023: AED 1,108 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,282,553 in August 2017.
What is the rent for unit 1102?
AED 63,000 a year on the contract signed on 15 January 2024. The previous contract, from January 2023, was AED 60,000; the unit has been rented since September 2017.
How big is unit 1102?
857 sqft (79.6 sqm): a one-bedroom apartment on the 11th floor of a 15-storey tower completed in 2017.
What is unit 1102 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safeer Tower 1 sold for AED 1,080,000 to 1,080,000 in the last 12 months, around AED 1,067 per sqft.
Selling 1102? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1102, Safeer Tower 1
Starts from the last sale price (AED 950K, 23 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →