403, Safeer Tower 1
Sold prices and rental history: sold twice, last in June 2017, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Safeer Tower 1
What is 403 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 445 sqft
- Floor
- 4th of 15
- Parking
- B2 - 038
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,700 /yr
- Last sold
- AED 695K · June 2017
- Building
- Safeer Tower 1
About 403, Safeer Tower 1
403 is a studio of 445 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 14 June 2017 for AED 695,000, or AED 1,561 per sqft, 6% below the AED 1,663 studios in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 30,000 a year: a gross yield of 4.3% on the 2017 price, before the service charge of about AED 8,700 a year.
Sales and rents for 403 over time
403 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 403 sits
All 81 studios →403 last sold in June 2017 at AED 1,561 per sqft, 6% below what studios in Safeer Tower 1 were fetching at the time (AED 1,663). 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. 403's AED 30,000 is at the bottom 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 4th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 961 sqft | AED 1.39MAED 1,393,381 · Aug 2017August 2017 | 54,000 /yr | |
| 402 | 427 sqft | AED 699KAED 699,000 · Oct 2025October 2025 | 56,000 /yr | ||
| 404 | Studio | 429 sqft | AED 716KAED 715,758 · Aug 2017August 2017 | 55,000 /yr | |
| 405 | 1-bed | 1,011 sqft | AED 800KAED 800,000 · Jan 2019January 2019 | 72,000 /yr | |
| 406 | Studio | 457 sqft | AED 785KAED 784,605 · Jun 2015June 2015 | 55,000 /yr | |
| 407 | Studio | 457 sqft | AED 762KAED 761,520 · Aug 2016August 2016 | 55,000 /yr | |
| 408 | Studio | 455 sqft | AED 763KAED 763,251 · Aug 2017August 2017 | 50,000 /yr | |
| 409 | Studio | 476 sqft | AED 795KAED 795,000 · Aug 2017August 2017 | ||
| 410 | Studio | 457 sqft | AED 765KAED 765,392 · Jun 2017June 2017 | 55,000 /yr | |
| 411 | Studio | 462 sqft | AED 510KAED 510,000 · Jul 2023July 2023 | 70,000 /yr | |
| 412 | Studio | 457 sqft | AED 761KAED 760,850 · Nov 2016November 2016 | 57,000 /yr | |
| 413 | 1-bed | 1,011 sqft | AED 762KAED 762,000 · Jun 2022June 2022 | 60,000 /yr | |
| 414 | Studio | 429 sqft | AED 701KAED 701,353 · Aug 2017August 2017 | 55,000 /yr | |
| 415 | Studio | 445 sqft | AED 720KAED 719,532 · Jun 2015June 2015 | 56,000 /yr | |
| 416 | Studio | 427 sqft | AED 630KAED 630,000 · Sep 2024September 2024 | 81,164 /yr | |
| 417 | 1-bed | 934 sqft | AED 1.35MAED 1,347,696 · Apr 2015April 2015 | 55,200 /yr |
403, Safeer Tower 1 in numbers
- Sold twice: first on 13 June 2017 for AED 742,893, last on 14 June 2017 for AED 695,000 (AED 1,561 per sqft).
- Rented since January 2023 on 2 Ejari contracts, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2017 price is 4.3%, before a service charge of about AED 8,700 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 1 January 2024.
Questions about 403, Safeer Tower 1
What did unit 403 last sell for?
AED 695,000 on 14 June 2017: AED 1,561 per sqft for 445 sqft. The unit has 2 registered sales; the first was AED 742,893 in June 2017.
What is the rent for unit 403?
AED 30,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 30,000.
How big is unit 403?
445 sqft (41.3 sqm): a studio on the 4th floor of a 15-storey tower completed in 2017.
What is unit 403 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.
Selling 403? 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.
Mortgage on 403, Safeer Tower 1
Starts from the last sale price (AED 695K, 14 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 695,000
- Deposit, UAE resident (20%)
- AED 139,000
- Deposit, non-resident (40%)
- AED 278,000
- Monthly over 25 years at 3.7%
- AED 2,843
Plus AED 34,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →