614, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, Safeer Tower 1
What is 614 worth today?
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Source: Dubai Land Department. Updated 24 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 429 sqft
- Floor
- 6th of 15
- Parking
- B1 - 045
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,400 /yr
- Last sold
- AED 525K · July 2018
- Building
- Safeer Tower 1
About 614, Safeer Tower 1
614 is a studio of 429 sqft on the 6th 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 11 July 2018 for AED 525,444, or AED 1,223 per sqft, 27% below the AED 1,666 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, renewed on 24 August 2025, is AED 49,500 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 8,400 a year.
Sales and rents for 614 over time
614 has sold once; 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 614 sits
All 81 studios →614 last sold in July 2018 at AED 1,223 per sqft, 27% below what studios in Safeer Tower 1 were fetching at the time (AED 1,666). 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. 614's AED 49,500 is in the lower half 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 6th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 961 sqft | AED 1.39MAED 1,393,381 · Aug 2017August 2017 | 80,000 /yr | |
| 602 | Studio | 427 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 65,000 /yr | |
| 603 | Studio | 445 sqft | AED 740KAED 740,000 · Dec 2025December 2025 | 54,000 /yr | |
| 604 | Studio | 429 sqft | AED 738KAED 738,266 · Apr 2015April 2015 | ||
| 605 | 1,011 sqft | AED 1.08MAED 1,080,000 · Nov 2025November 2025 | 46,000 /yr | ||
| 606 | Studio | 457 sqft | AED 823KAED 823,483 · Aug 2017August 2017 | 57,000 /yr | |
| 607 | Studio | 462 sqft | AED 825KAED 825,040 · Aug 2017August 2017 | 66,000 /yr | |
| 608 | Studio | 455 sqft | AED 740KAED 740,000 · May 2017May 2017 | 55,000 /yr | |
| 609 | Studio | 476 sqft | AED 827KAED 827,459 · Aug 2017August 2017 | 50,000 /yr | |
| 610 | Studio | 457 sqft | AED 791KAED 790,557 · Aug 2017August 2017 | 60,000 /yr | |
| 611 | Studio | 462 sqft | AED 791KAED 790,557 · Aug 2017August 2017 | 55,000 /yr | |
| 612 | Studio | 457 sqft | AED 402KAED 402,477 · Mar 2022March 2022 | 84,000 /yr | |
| 613 | 1-bed | 1,011 sqft | AED 607KAED 606,696 · Nov 2020November 2020 | 87,000 /yr | |
| 615 | Studio | 445 sqft | AED 396KAED 395,502 · Mar 2022March 2022 | 72,000 /yr | |
| 616 | Studio | 427 sqft | AED 713KAED 712,524 · Mar 2015March 2015 | 30,000 /yr | |
| 617 | 1-bed | 961 sqft | AED 940KAED 940,000 · Jan 2025January 2025 | 84,000 /yr |
614, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 11 July 2018 for AED 525,444, or AED 1,223 per sqft.
- Rented since August 2018 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 34,000 in 2022 and recovered to AED 49,500 by August 2025.
- At AED 49,500 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 8,400 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 24 August 2025.
Questions about 614, Safeer Tower 1
What did unit 614 last sell for?
AED 525,444 on 11 July 2018, sold by the developer: AED 1,223 per sqft for 429 sqft. It is the only registered sale of the unit.
What is the rent for unit 614?
AED 49,500 a year on the contract renewed on 24 August 2025. The previous contract, from August 2024, was AED 49,500; the unit has been rented since August 2018.
How big is unit 614?
429 sqft (39.9 sqm): a studio on the 6th floor of a 15-storey tower completed in 2017.
What is unit 614 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.
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Mortgage on 614, Safeer Tower 1
Starts from the last sale price (AED 525K, 11 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 525,444
- Deposit, UAE resident (20%)
- AED 105,089
- Deposit, non-resident (40%)
- AED 210,178
- Monthly over 25 years at 3.7%
- AED 2,150
Plus AED 27,079 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →