429 sqftSafeer Tower 1, Business Bay · 5th floor · completed 2017

504, Safeer Tower 1

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 504 · DLD and Ejari recordsUpdated 3 September 2025

Last soldAED 660K3 September 2025

Current rentAED 60K /yr9 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 504, Safeer Tower 1

Today

What is 504 worth today?

Last sold for AED 660,000 in 2025

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3 Sep 2025

3 Sep 2025SoldReady

AED 660,000AED 1,537 per sqft

9 May 2025

9 May 2025RentedNew contract

AED 60,000/yr12 months · AED 139 per sqft

1 Apr 2024

1 Apr 2024RentedNew contract

AED 57,000/yr12 months · AED 132 per sqft

10 Oct 2022

10 Oct 2022RentedNew contract

AED 43,000/yr12 months · AED 100 per sqft

8 Oct 2020

8 Oct 2020RentedNew contract

AED 27,000/yr12 months · AED 63 per sqft

1 Jun 2018

1 Jun 2018RentedNew contract

AED 50,000/yr12 months · AED 116 per sqft

10 May 2017

10 May 2017RentedNew contract

AED 55,000/yr12 months · AED 128 per sqft

19 May 2015

19 May 2015Sold by developerOff-plan

AED 738,266AED 1,719 per sqft

Source: Dubai Land Department. Updated 3 September 2025.

Key facts

Type: Apartment
Size: 429 sqft
Floor: 5th of 15
Parking: B1 - 016
Developer: Alseeb Real Estate Development
Completed: 2017
Service charge: AED 8,400 /yr
Last sold: AED 660K · September 2025
Building: Safeer Tower 1

About 504, Safeer Tower 1

504 is an apartment of 429 sqft on the 5th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 3 September 2025 for AED 660,000, or AED 1,537 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 May 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.

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 5th floor

All 170 units in Safeer Tower 1


501	1-bed	961 sqft	AED 1.04MAED 1,035,000 · Nov 2024November 2024	78,000 /yr
502	Studio	427 sqft	AED 665KAED 665,000 · May 2024May 2024	50,000 /yr
503	Studio	445 sqft	AED 640KAED 640,000 · Dec 2025December 2025	35,000 /yr
505	1-bed	1,011 sqft	AED 607KAED 606,762 · Nov 2020November 2020	126,000 /yr
506	Studio	457 sqft	AED 650KAED 650,000 · Jun 2024June 2024	46,000 /yr
507	Studio	462 sqft	AED 510KAED 510,000 · Jul 2023July 2023	70,000 /yr
508	Studio	455 sqft	AED 765KAED 765,000 · Aug 2016August 2016	58,000 /yr
509	Studio	476 sqft	AED 791KAED 791,010 · Jun 2017June 2017	48,000 /yr
510		457 sqft	AED 650KAED 650,000 · Oct 2025October 2025	63,000 /yr
511		462 sqft	AED 655KAED 655,000 · Nov 2025November 2025	60,000 /yr
512	Studio	457 sqft	AED 765KAED 765,000 · Aug 2017August 2017	44,879 /yr
513	1-bed	1,011 sqft	AED 720KAED 720,000 · May 2023May 2023	44,000 /yr
514	Studio	429 sqft	AED 799KAED 798,813 · Jun 2017June 2017	30,000 /yr
515	Studio	445 sqft	AED 441KAED 440,600 · Aug 2023August 2023	33,000 /yr
516	Studio	427 sqft	AED 495KAED 495,300 · Nov 2019November 2019	55,000 /yr
517	1-bed	961 sqft	AED 1.35MAED 1,347,696 · Aug 2017August 2017	80,000 /yr

1–7 of 16

504, Safeer Tower 1 in numbers

Sold twice: first on 19 May 2015 for AED 738,266, last on 3 September 2025 for AED 660,000 (AED 1,537 per sqft).
Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 27,000 in 2020 and recovered to AED 60,000 by May 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).

Source: Dubai Land Department. Updated 3 September 2025.

Questions about 504, Safeer Tower 1

What did unit 504 last sell for?

AED 660,000 on 3 September 2025: AED 1,537 per sqft for 429 sqft. The unit has 2 registered sales; the first was AED 738,266 in May 2015.

What is the rent for unit 504?

AED 60,000 a year on the contract signed on 9 May 2025. The previous contract, from April 2024, was AED 57,000; the unit has been rented since May 2017.

How big is unit 504?

429 sqft (39.9 sqm): an apartment on the 5th floor of a 15-storey tower completed in 2017.

What is unit 504 worth today?

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

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Mortgage on 504, Safeer Tower 1

Starts from the last sale price (AED 660K, 3 September 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 →