1302, 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 1302, Safeer Tower 1
What is 1302 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 13th of 15
- Parking
- B1 - 076
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1.28M · August 2017
- Building
- Safeer Tower 1
About 1302, Safeer Tower 1
1302 is a one-bedroom apartment of 857 sqft on the 13th 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 1,282,553, or AED 1,496 per sqft, 3% above the AED 1,450 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 74,205 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 16,700 a year.
Sales and rents for 1302 over time
1302 has sold once; 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 1302 sits
All 53 1-beds →1302 last sold in August 2017 at AED 1,496 per sqft, 3% above what one-beds in Safeer Tower 1 were fetching at the time (AED 1,450). 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. 1302's AED 74,205 is in the lower half 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 13th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 961 sqft | AED 920KAED 920,000 · Dec 2024December 2024 | 66,792 /yr | |
| 1303 | 2-bed | 1,501 sqft | AED 1.48MAED 1,480,000 · Jun 2025June 2025 | 96,800 /yr | |
| 1304 | 2-bed | 1,580 sqft | AED 2.17MAED 2,171,741 · Aug 2017August 2017 | 126,000 /yr | |
| 1305 | 2-bed | 1,583 sqft | AED 650KAED 650,000 · May 2023May 2023 | 110,000 /yr | |
| 1306 | 1,501 sqft | AED 1.5MAED 1,500,000 · Aug 2025August 2025 | 125,000 /yr | ||
| 1307 | 1-bed | 852 sqft | AED 680KAED 680,000 · Jun 2022June 2022 | 78,000 /yr | |
| 1308 | 1-bed | 960 sqft | AED 935KAED 935,000 · Dec 2024December 2024 | 73,000 /yr |
1302, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 1,282,553, or AED 1,496 per sqft.
- Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 74,205 by August 2025.
- At AED 74,205 a year the gross yield on the 2017 price is 5.8%, 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 1 August 2025.
Questions about 1302, Safeer Tower 1
What did unit 1302 last sell for?
AED 1,282,553 on 26 August 2017, sold by the developer: AED 1,496 per sqft for 857 sqft. It is the only registered sale of the unit.
What is the rent for unit 1302?
AED 74,205 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 76,000; the unit has been rented since May 2017.
How big is unit 1302?
857 sqft (79.6 sqm): a one-bedroom apartment on the 13th floor of a 15-storey tower completed in 2017.
What is unit 1302 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.
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Mortgage on 1302, Safeer Tower 1
Starts from the last sale price (AED 1.28M, 26 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,282,553
- Deposit, UAE resident (20%)
- AED 256,511
- Deposit, non-resident (40%)
- AED 513,021
- Monthly over 25 years at 3.7%
- AED 5,247
Plus AED 58,877 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →