1304, 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 1304, Safeer Tower 1
What is 1304 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,580 sqft
- Floor
- 13th of 15
- Parking
- B1 - 064
- 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 1304, Safeer Tower 1
1304 is a two-bedroom apartment of 1,580 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 10 August 2017 for AED 2,171,741, or AED 1,374 per sqft, 4% above the AED 1,327 two-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 16 October 2024, is AED 126,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1304 over time
1304 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 1304 sits
All 27 2-beds →1304 last sold in August 2017 at AED 1,374 per sqft, 4% above what two-beds in Safeer Tower 1 were fetching at the time (AED 1,327). 1304's AED 126,000 is in the upper half 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 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 | |
| 1302 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 74,205 /yr | |
| 1303 | 2-bed | 1,501 sqft | AED 1.48MAED 1,480,000 · Jun 2025June 2025 | 96,800 /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 |
1304, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 10 August 2017 for AED 2,171,741, or AED 1,374 per sqft.
- Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 65,000 in 2021 and recovered to AED 126,000 by October 2024.
- At AED 126,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 30,900 a year (AED 19.53 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 16 October 2024.
Questions about 1304, Safeer Tower 1
What did unit 1304 last sell for?
AED 2,171,741 on 10 August 2017, sold by the developer: AED 1,374 per sqft for 1,580 sqft. It is the only registered sale of the unit.
What is the rent for unit 1304?
AED 126,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2024, was AED 126,000; the unit has been rented since September 2017.
How big is unit 1304?
1,580 sqft (146.8 sqm): a two-bedroom apartment on the 13th floor of a 15-storey tower completed in 2017.
What is unit 1304 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 1304, Safeer Tower 1
Starts from the last sale price (AED 2.17M, 10 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 →