Home
Dubai prices
About
Research
427 sqftSafeer Tower 1, Business Bay · 4th floor · completed 2017

402, Safeer Tower 1

Sold prices and rental history: sold 3 times, last in October 2025, and rented once, from May 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 2 October 2025
Last soldAED 699K2 October 2025
Current rentAED 56K /yr14 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 402

Property timeline for 402, Safeer Tower 1

What is 402 worth today?

Last sold for AED 699,000 in 2025

Unlock today's estimate, updated daily, with

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

2 Oct 2025SoldReady
AED 699,000AED 1,638 per sqft
23 Jun 2019SoldReady
AED 570,000AED 1,335 per sqft
14 May 2017RentedNew contract
AED 56,000/yr12 months · AED 130 per sqft
4 Mar 2015Sold by developerOff-plan
AED 712,524AED 1,669 per sqft

Source: Dubai Land Department. Updated 2 October 2025.

Key facts

Type
Apartment
Size
427 sqft
Floor
4th of 15
Parking
B2 - 039
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,300 /yr
Last sold
AED 699K · October 2025
Building
Safeer Tower 1

About 402, Safeer Tower 1

402 is an apartment of 427 sqft on the 4th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 2 October 2025 for AED 699,000, or AED 1,638 per sqft.

One Ejari contract is registered, from 14 May 2017. The current contract, signed on 14 May 2017, is AED 56,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 8,300 a year.

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 4th floor

All 170 units in Safeer Tower 1
Value
4011-bedAED 1.39M · Aug 2017
403StudioAED 695K · Jun 2017
404StudioAED 716K · Aug 2017
4051-bedAED 800K · Jan 2019
406StudioAED 785K · Jun 2015
407StudioAED 762K · Aug 2016
408StudioAED 763K · Aug 2017
1–7 of 16

402, Safeer Tower 1 in numbers

  • Sold 3 times: first on 4 March 2015 for AED 712,524, last on 2 October 2025 for AED 699,000 (AED 1,638 per sqft).
  • Rented since May 2017 on one Ejari contract, at AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 8,300 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 2 October 2025.

Questions about 402, Safeer Tower 1

What did unit 402 last sell for?

AED 699,000 on 2 October 2025: AED 1,638 per sqft for 427 sqft. The unit has 3 registered sales; the first was AED 712,524 in March 2015.

What is the rent for unit 402?

AED 56,000 a year on the contract signed on 14 May 2017.

How big is unit 402?

427 sqft (39.7 sqm): an apartment on the 4th floor of a 15-storey tower completed in 2017.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 402? 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 402, Safeer Tower 1

Starts from the last sale price (AED 699K, 2 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 699,000
Deposit, UAE resident (20%)
AED 139,800
Deposit, non-resident (40%)
AED 279,600
Monthly over 25 years at 3.7%
AED 2,860

Plus AED 34,368 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →