213, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in November 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 213, Safeer Tower 1
What is 213 worth today?
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Source: Dubai Land Department. Updated 24 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,011 sqft
- Floor
- 2nd of 15
- Parking
- B2 - 025
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 19,700 /yr
- Last sold
- AED 607K · November 2020
- Building
- Safeer Tower 1
About 213, Safeer Tower 1
213 is a one-bedroom apartment of 1,011 sqft on the 2nd 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 1 November 2020 for AED 606,696, or AED 599 per sqft, in line with the AED 599 one-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 24 July 2024, is AED 90,000 a year: a gross yield of 14.8% on the 2020 price, before the service charge of about AED 19,700 a year.
Sales and rents for 213 over time
213 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 213 sits
All 53 1-beds →213 last sold in November 2020 at AED 599 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 599). 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. 213's AED 90,000 is at the top 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 2nd floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 961 sqft | AED 900KAED 900,000 · May 2023May 2023 | 48,000 /yr | |
| 202 | Studio | 332 sqft | AED 558KAED 558,000 · Jan 2024January 2024 | 53,000 /yr | |
| 203 | Studio | 445 sqft | AED 655KAED 655,000 · Jan 2026January 2026 | 52,000 /yr | |
| 204 | Studio | 429 sqft | AED 570KAED 570,000 · Dec 2023December 2023 | 30,000 /yr | |
| 205 | 1-bed | 1,011 sqft | AED 1.3MAED 1,300,000 · Aug 2017August 2017 | ||
| 206 | Studio | 457 sqft | AED 650KAED 650,000 · Jun 2024June 2024 | 30,000 /yr | |
| 207 | Studio | 462 sqft | AED 747KAED 747,233 · Jun 2017June 2017 | 65,000 /yr | |
| 208 | Studio | 455 sqft | AED 808KAED 807,570 · Aug 2017August 2017 | 50,000 /yr | |
| 209 | Studio | 476 sqft | AED 660KAED 660,000 · May 2025May 2025 | 55,000 /yr | |
| 210 | Studio | 457 sqft | AED 750KAED 749,670 · Aug 2017August 2017 | 52,000 /yr | |
| 211 | Studio | 462 sqft | AED 748KAED 747,840 · Jun 2017June 2017 | 50,000 /yr | |
| 212 | Studio | 457 sqft | AED 680KAED 680,000 · Dec 2024December 2024 | 65,000 /yr | |
| 214 | Studio | 429 sqft | AED 760KAED 760,414 · Aug 2016August 2016 | 47,000 /yr | |
| 215 | Studio | 445 sqft | AED 425KAED 425,000 · Jan 2020January 2020 | 60,000 /yr | |
| 216 | Studio | 427 sqft | AED 430KAED 430,000 · Sep 2021September 2021 | 55,000 /yr | |
| 217 | 1-bed | 961 sqft | AED 963KAED 963,000 · May 2025May 2025 | 75,000 /yr |
213, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 1 November 2020 for AED 606,696, or AED 599 per sqft.
- Rented since October 2018 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2020 and recovered to AED 90,000 by July 2024.
- At AED 90,000 a year the gross yield on the 2020 price is 14.8%, before a service charge of about AED 19,700 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 24 July 2024.
Questions about 213, Safeer Tower 1
What did unit 213 last sell for?
AED 606,696 on 1 November 2020, sold by the developer: AED 599 per sqft for 1,011 sqft. It is the only registered sale of the unit.
What is the rent for unit 213?
AED 90,000 a year on the contract signed on 24 July 2024. The previous contract, from September 2020, was AED 42,000; the unit has been rented since October 2018.
How big is unit 213?
1,011 sqft (93.9 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 213 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 213, Safeer Tower 1
Starts from the last sale price (AED 607K, 1 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 606,696
- Deposit, UAE resident (20%)
- AED 121,339
- Deposit, non-resident (40%)
- AED 242,678
- Monthly over 25 years at 3.7%
- AED 2,482
Plus AED 30,491 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →