Studio · 457 sqftSafeer Tower 1, Business Bay · 3rd floor · completed 2017

307, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 June 2015
Last soldAED 810K1 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Safeer Tower 1

What is 307 worth today?

Last sold for AED 809,670 in 2015

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1 Jun 2015Sold by developerOff-plan
AED 809,670AED 1,773 per sqft

Source: Dubai Land Department. Updated 1 June 2015.

Key facts

Type
Studio apartment
Size
457 sqft
Floor
3rd of 15
Parking
B2 - 048
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,900 /yr
Last sold
AED 810K · June 2015

About 307, Safeer Tower 1

307 is a studio of 457 sqft on the 3rd 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 June 2015 for AED 809,670, or AED 1,773 per sqft, 5% above the AED 1,682 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in Safeer Tower 1
400K600K800K2015201820212024Typical sale price by year: 2015 AED 736,598; 2016 AED 761,185; 2017 AED 747,840; 2018 AED 550,000; 2020 AED 375,189; 2021 AED 430,000; 2022 AED 421,239; 2023 AED 510,000; 2024 AED 635,000; 2025 AED 690,000Sold by developer, June 2015: AED 809,670 (AED 1,773 per sqft)

307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 307, each contractTypical studio in Safeer Tower 1
40K60K2017202020232026Typical rent by year: 2017 AED 52,000; 2018 AED 46,000; 2019 AED 41,000; 2020 AED 31,500; 2021 AED 30,000; 2022 AED 37,500; 2023 AED 45,000; 2024 AED 51,000; 2025 AED 55,000; 2026 AED 59,000

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 307 sits

All 81 studios →

307 last sold in June 2015 at AED 1,773 per sqft, 5% above what studios in Safeer Tower 1 were fetching at the time (AED 1,682). 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.

Recent studio salesUnit no.Price (AED)Summary
9 Jan 2026655,000
25 Dec 2025640,000
18 Dec 2025740,000
23 Jul 2025720,000
4 studio sales in the last 12 months

Safeer Tower 1

Building

170 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%
Safeer Tower 1, Business Bay: prices, sales and rents →

Other units on the 3rd floor

All 170 units in Safeer Tower 1
Value
3011-bedAED 1.39M · May 2015
302StudioAED 665K · Jul 2024
303AED 700K · Sep 2025
304StudioAED 660K · Jul 2025
3051-bedAED 607K · Nov 2020
306StudioAED 400K · Mar 2021
308StudioAED 430K · Feb 2023
1–7 of 16

307, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 1 June 2015 for AED 809,670, or AED 1,773 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 1 June 2015.

Questions about 307, Safeer Tower 1

What did unit 307 last sell for?

AED 809,670 on 1 June 2015, sold by the developer: AED 1,773 per sqft for 457 sqft. It is the only registered sale of the unit.

How big is unit 307?

457 sqft (42.5 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.

What is unit 307 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 307, Safeer Tower 1

Starts from the last sale price (AED 810K, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 809,670
Deposit, UAE resident (20%)
AED 161,934
Deposit, non-resident (40%)
AED 323,868
Monthly over 25 years at 3.7%
AED 3,313

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →