511, Safeer Tower 1
Sold prices and rental history: sold twice, last in November 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Safeer Tower 1
What is 511 worth today?
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Source: Dubai Land Department. Updated 13 November 2025.
Key facts
- Type
- Apartment
- Size
- 462 sqft
- Floor
- 5th of 15
- Parking
- B1 - 010
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 9,000 /yr
- Last sold
- AED 655K · November 2025
- Building
- Safeer Tower 1
About 511, Safeer Tower 1
511 is an apartment of 462 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 13 November 2025 for AED 655,000, or AED 1,417 per sqft.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 60,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 9,000 a year.
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 5th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 504 | 429 sqft | AED 660KAED 660,000 · Sep 2025September 2025 | 60,000 /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 | ||
| 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 |
511, Safeer Tower 1 in numbers
- Sold twice: first on 9 August 2017 for AED 765,000, last on 13 November 2025 for AED 655,000 (AED 1,417 per sqft).
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 27,000 in 2020 and recovered to AED 60,000 by November 2025.
- At AED 60,000 a year the gross yield on the 2025 price is 9.2%, before a service charge of about AED 9,000 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 13 November 2025.
Questions about 511, Safeer Tower 1
What did unit 511 last sell for?
AED 655,000 on 13 November 2025: AED 1,417 per sqft for 462 sqft. The unit has 2 registered sales; the first was AED 765,000 in August 2017.
What is the rent for unit 511?
AED 60,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 50,820; the unit has been rented since August 2017.
How big is unit 511?
462 sqft (42.9 sqm): an apartment on the 5th floor of a 15-storey tower completed in 2017.
What is unit 511 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 511, Safeer Tower 1
Starts from the last sale price (AED 655K, 13 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 655,000
- Deposit, UAE resident (20%)
- AED 131,000
- Deposit, non-resident (40%)
- AED 262,000
- Monthly over 25 years at 3.7%
- AED 2,680
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →