710, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in May 2017, 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 710, Safeer Tower 1
What is 710 worth today?
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Source: Dubai Land Department. Updated 1 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 457 sqft
- Floor
- 7th of 15
- Parking
- B1 - 035
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,900 /yr
- Last sold
- AED 740K · May 2017
- Building
- Safeer Tower 1
About 710, Safeer Tower 1
710 is a studio of 457 sqft on the 7th 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 24 May 2017 for AED 740,000, or AED 1,618 per sqft, in line with the AED 1,663 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 October 2022, is AED 36,000 a year: a gross yield of 4.9% on the 2017 price, before the service charge of about AED 8,900 a year.
Sales and rents for 710 over time
710 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 710 sits
All 81 studios →710 last sold in May 2017 at AED 1,618 per sqft, in line with 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. 710's AED 36,000 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 7th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 961 sqft | AED 1.39MAED 1,393,381 · Aug 2017August 2017 | ||
| 702 | Studio | 427 sqft | AED 735KAED 734,930 · Mar 2015March 2015 | 58,909 /yr | |
| 703 | Studio | 445 sqft | AED 695KAED 695,000 · Jun 2017June 2017 | 63,000 /yr | |
| 704 | Studio | 429 sqft | AED 600KAED 600,000 · Oct 2024October 2024 | 41,400 /yr | |
| 705 | 1-bed | 1,011 sqft | AED 1.1MAED 1,100,000 · Sep 2023September 2023 | 75,000 /yr | |
| 706 | Studio | 457 sqft | AED 440KAED 440,000 · Apr 2022April 2022 | 27,950 /yr | |
| 707 | Studio | 462 sqft | AED 781KAED 780,557 · Aug 2017August 2017 | 55,000 /yr | |
| 708 | Studio | 455 sqft | AED 808KAED 807,953 · Aug 2017August 2017 | 49,000 /yr | |
| 709 | Studio | 476 sqft | AED 827KAED 827,459 · Aug 2017August 2017 | 65,000 /yr | |
| 711 | Studio | 462 sqft | AED 635KAED 635,000 · Nov 2024November 2024 | 65,000 /yr | |
| 712 | Studio | 457 sqft | AED 561KAED 560,500 · Aug 2023August 2023 | 72,000 /yr | |
| 713 | 1-bed | 1,011 sqft | AED 607KAED 606,696 · Nov 2020November 2020 | 93,000 /yr | |
| 714 | Studio | 429 sqft | AED 734KAED 733,620 · Feb 2017February 2017 | 33,000 /yr | |
| 715 | Studio | 445 sqft | AED 267KAED 266,988 · Nov 2020November 2020 | 30,000 /yr | |
| 716 | Studio | 427 sqft | AED 713KAED 712,524 · Aug 2017August 2017 | 50,000 /yr | |
| 717 | 1-bed | 961 sqft | AED 1.18MAED 1,178,000 · Jul 2024July 2024 | 82,000 /yr |
710, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 24 May 2017 for AED 740,000, or AED 1,618 per sqft.
- Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2020 and recovered to AED 36,000 by October 2022.
- At AED 36,000 a year the gross yield on the 2017 price is 4.9%, before a service charge of about AED 8,900 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 October 2022.
Questions about 710, Safeer Tower 1
What did unit 710 last sell for?
AED 740,000 on 24 May 2017, sold by the developer: AED 1,618 per sqft for 457 sqft. It is the only registered sale of the unit.
What is the rent for unit 710?
AED 36,000 a year on the contract signed on 1 October 2022. The previous contract, from September 2020, was AED 30,000; the unit has been rented since August 2017.
How big is unit 710?
457 sqft (42.5 sqm): a studio on the 7th floor of a 15-storey tower completed in 2017.
What is unit 710 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 710, Safeer Tower 1
Starts from the last sale price (AED 740K, 24 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 740,000
- Deposit, UAE resident (20%)
- AED 148,000
- Deposit, non-resident (40%)
- AED 296,000
- Monthly over 25 years at 3.7%
- AED 3,028
Plus AED 36,090 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →