1205, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, 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 1205, Safeer Tower 1
What is 1205 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 12th of 15
- Parking
- B1 - 067
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.17M · August 2017
- Building
- Safeer Tower 1
About 1205, Safeer Tower 1
1205 is a two-bedroom apartment of 1,583 sqft on the 12th 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 2,171,741, or AED 1,372 per sqft, in line with the AED 1,360 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 91,400 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1205 over time
1205 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 1205 sits
All 27 2-beds →1205 last sold in August 2017 at AED 1,372 per sqft, in line with what two-beds in Safeer Tower 1 were fetching at the time (AED 1,360). 1205's AED 91,400 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 12th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 961 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 72,000 /yr | |
| 1202 | 1-bed | 857 sqft | AED 910KAED 910,000 · Sep 2023September 2023 | 80,000 /yr | |
| 1203 | 2-bed | 1,501 sqft | AED 1.58MAED 1,575,000 · Mar 2025March 2025 | 85,082 /yr | |
| 1204 | 2-bed | 1,580 sqft | AED 1.73MAED 1,730,000 · Jul 2024July 2024 | 96,923 /yr | |
| 1206 | 2-bed | 1,501 sqft | AED 1.6MAED 1,600,000 · May 2025May 2025 | 110,000 /yr | |
| 1207 | 1-bed | 852 sqft | AED 950KAED 950,000 · May 2024May 2024 | 50,000 /yr | |
| 1208 | 1-bed | 960 sqft | AED 1.05MAED 1,050,000 · Apr 2018April 2018 | 75,000 /yr |
1205, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 2,171,741, or AED 1,372 per sqft.
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2022 and recovered to AED 91,400 by October 2025.
- At AED 91,400 a year the gross yield on the 2017 price is 4.2%, before a service charge of about AED 30,900 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 25 October 2025.
Questions about 1205, Safeer Tower 1
What did unit 1205 last sell for?
AED 2,171,741 on 26 August 2017, sold by the developer: AED 1,372 per sqft for 1,583 sqft. It is the only registered sale of the unit.
What is the rent for unit 1205?
AED 91,400 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 84,000; the unit has been rented since August 2017.
How big is unit 1205?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1205 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 1205, Safeer Tower 1
Starts from the last sale price (AED 2.17M, 26 August 2017). 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 →