302, Safeer Tower 1
Sold prices and rental history: sold twice, last in July 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, Safeer Tower 1
What is 302 worth today?
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Source: Dubai Land Department. Updated 2 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 3rd of 15
- Parking
- B2 - 059
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 665K · July 2024
- Building
- Safeer Tower 1
About 302, Safeer Tower 1
302 is a studio of 427 sqft on the 3rd floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 17 July 2024 for AED 665,000, or AED 1,558 per sqft, 16% above the AED 1,348 studios in the building were fetching at the time.
One Ejari contract is registered, from 2 August 2025. The current contract, renewed on 2 August 2025, is AED 61,500 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 8,300 a year.
Sales and rents for 302 over time
302 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safeer Tower 1, and where 302 sits
All 81 studios →302 last sold in July 2024 at AED 1,558 per sqft, 16% above what studios in Safeer Tower 1 were fetching at the time (AED 1,348). Over the last 12 months studios sold for AED 640,000 to 740,000, around AED 1,455 per sqft, and rent for AED 46,659 to 70,072 a year. 302's AED 61,500 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 445 sqft | 655,000 | 1,471 | ||
| 25 Dec 202525 December 2025 | 445 sqft | 640,000 | 1,438 | ||
| 18 Dec 202518 December 2025 | 445 sqft | 740,000 | 1,662 | ||
| 23 Jul 202523 July 2025 | 427 sqft | 720,000 | 1,687 |
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 3rd floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 934 sqft | AED 1.39MAED 1,393,381 · May 2015May 2015 | 70,132 /yr | |
| 303 | 445 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 66,000 /yr | ||
| 304 | Studio | 429 sqft | AED 660KAED 660,000 · Jul 2025July 2025 | 60,000 /yr | |
| 305 | 1-bed | 1,011 sqft | AED 607KAED 606,762 · Nov 2020November 2020 | 110,400 /yr | |
| 306 | Studio | 457 sqft | AED 400KAED 400,000 · Mar 2021March 2021 | 46,000 /yr | |
| 307 | Studio | 457 sqft | AED 810KAED 809,670 · Jun 2015June 2015 | ||
| 308 | Studio | 455 sqft | AED 430KAED 430,000 · Feb 2023February 2023 | 70,072 /yr | |
| 309 | Studio | 476 sqft | AED 800KAED 800,000 · Jul 2017July 2017 | 55,000 /yr | |
| 310 | Studio | 457 sqft | AED 771KAED 771,115 · Apr 2015April 2015 | 46,659 /yr | |
| 311 | Studio | 462 sqft | AED 771KAED 771,115 · Apr 2015April 2015 | 35,000 /yr | |
| 312 | Studio | 457 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 67,000 /yr | |
| 313 | 1-bed | 1,011 sqft | AED 1.2MAED 1,200,000 · May 2018May 2018 | ||
| 314 | Studio | 429 sqft | AED 688KAED 687,994 · Aug 2017August 2017 | 54,000 /yr | |
| 315 | Studio | 445 sqft | AED 600KAED 600,000 · May 2024May 2024 | 48,000 /yr | |
| 316 | Studio | 427 sqft | AED 677KAED 676,972 · Feb 2015February 2015 | 64,000 /yr | |
| 317 | 1-bed | 961 sqft | AED 1.35MAED 1,347,696 · Jun 2017June 2017 | 60,000 /yr |
302, Safeer Tower 1 in numbers
- Sold twice: first on 14 April 2015 for AED 698,952, last on 17 July 2024 for AED 665,000 (AED 1,558 per sqft).
- Rented since August 2025 on one Ejari contract, at AED 61,500 a year.
- At AED 61,500 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 8,300 a year (AED 19.53 per sqft).
- Studios in Safeer Tower 1 sold for AED 640,000–740,000 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 2 August 2025.
Questions about 302, Safeer Tower 1
What did unit 302 last sell for?
AED 665,000 on 17 July 2024: AED 1,558 per sqft for 427 sqft. The unit has 2 registered sales; the first was AED 698,952 in April 2015.
What is the rent for unit 302?
AED 61,500 a year on the contract renewed on 2 August 2025.
How big is unit 302?
427 sqft (39.7 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 1 sold for AED 640,000 to 740,000 in the last 12 months, around AED 1,455 per sqft.
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Mortgage on 302, Safeer Tower 1
Starts from the last sale price (AED 665K, 17 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 665,000
- Deposit, UAE resident (20%)
- AED 133,000
- Deposit, non-resident (40%)
- AED 266,000
- Monthly over 25 years at 3.7%
- AED 2,721
Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →