304, Safeer Tower 1
Sold prices and rental history: sold twice, last in July 2025, 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 304, Safeer Tower 1
What is 304 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 3rd of 15
- Parking
- B2 - 050
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,400 /yr
- Last sold
- AED 660K · July 2025
- Building
- Safeer Tower 1
About 304, Safeer Tower 1
304 is a studio of 429 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 15 July 2025 for AED 660,000, or AED 1,537 per sqft, 4% above the AED 1,476 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 15 September 2025, is AED 60,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 8,400 a year.
Sales and rents for 304 over time
304 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 304 sits
All 81 studios →304 last sold in July 2025 at AED 1,537 per sqft, 4% above what studios in Safeer Tower 1 were fetching at the time (AED 1,476). 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. 304's AED 60,000 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 | |
| 302 | Studio | 427 sqft | AED 665KAED 665,000 · Jul 2024July 2024 | 61,500 /yr | |
| 303 | 445 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 66,000 /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 |
304, Safeer Tower 1 in numbers
- Sold twice: first on 12 April 2015 for AED 702,125, last on 15 July 2025 for AED 660,000 (AED 1,537 per sqft).
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2020 and recovered to AED 60,000 by September 2025.
- At AED 60,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 8,400 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 15 September 2025.
Questions about 304, Safeer Tower 1
What did unit 304 last sell for?
AED 660,000 on 15 July 2025: AED 1,537 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 702,125 in April 2015.
What is the rent for unit 304?
AED 60,000 a year on the contract signed on 15 September 2025. The previous contract, from September 2024, was AED 45,000; the unit has been rented since August 2017.
How big is unit 304?
429 sqft (39.9 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.
What is unit 304 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 304, Safeer Tower 1
Starts from the last sale price (AED 660K, 15 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 660,000
- Deposit, UAE resident (20%)
- AED 132,000
- Deposit, non-resident (40%)
- AED 264,000
- Monthly over 25 years at 3.7%
- AED 2,700
Plus AED 32,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →