Home
Dubai prices
About
Research
1-bed · 961 sqftSafeer Tower 1, Business Bay · 3rd floor · completed 2017

317, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in June 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 1.35M6 June 2017
Current rentAED 60K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 317

Property timeline for 317, Safeer Tower 1

What is 317 worth today?

Last sold for AED 1,347,696 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2022RentedNew contract
AED 60,000/yr12 months · AED 63 per sqft
20 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
1 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
6 Jun 2017Sold by developerReady
AED 1,347,696AED 1,403 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
3rd of 15
Parking
B2 - 057
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 18,800 /yr
Last sold
AED 1.35M · June 2017
Building
Safeer Tower 1

About 317, Safeer Tower 1

317 is a one-bedroom apartment of 961 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 6 June 2017 for AED 1,347,696, or AED 1,403 per sqft.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 December 2022, is AED 60,000 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 18,800 a year.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical one-bed in Safeer Tower 1
500K1M2015201820212024Typical sale price by year: 2015 AED 1,319,588; 2017 AED 1,347,230; 2018 AED 1,050,000; 2020 AED 606,696; 2022 AED 725,000; 2023 AED 910,000; 2024 AED 940,000; 2025 AED 963,000Sold by developer, June 2017: AED 1,347,696 (AED 1,403 per sqft)

317 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 317, each contractTypical one-bed in Safeer Tower 1
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 45,500; 2022 AED 52,000; 2023 AED 62,460; 2024 AED 76,000; 2025 AED 75,000; 2026 AED 80,000New contract, July 2018: AED 70,000 a yearNew contract, October 2021: AED 50,000 a yearNew contract, December 2022: AED 60,000 a year

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 317 sits

All 53 1-beds →

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. 317's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 May 2025963,000
17 Feb 20251,000,000
22 Jan 2025940,000
19 Dec 2024920,000
1 1-bed sale 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
307StudioAED 810K · Jun 2015
1–7 of 16

317, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 6 June 2017 for AED 1,347,696, or AED 1,403 per sqft.
  • Rented since July 2018 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2021 and recovered to AED 60,000 by December 2022.
  • At AED 60,000 a year the gross yield on the 2017 price is 4.5%, before a service charge of about AED 18,800 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 1 December 2022.

Questions about 317, Safeer Tower 1

What did unit 317 last sell for?

AED 1,347,696 on 6 June 2017, sold by the developer: AED 1,403 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 317?

AED 60,000 a year on the contract signed on 1 December 2022. The previous contract, from October 2021, was AED 50,000; the unit has been rented since July 2018.

How big is unit 317?

961 sqft (89.3 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2017.

What is unit 317 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.

Selling 317? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 317, Safeer Tower 1

Starts from the last sale price (AED 1.35M, 6 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,347,696
Deposit, UAE resident (20%)
AED 269,539
Deposit, non-resident (40%)
AED 539,078
Monthly over 25 years at 3.7%
AED 5,514

Plus AED 61,613 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →