2-bed · 1,501 sqftSafeer Tower 1, Business Bay · 8th floor · completed 2017

806, Safeer Tower 1

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 1.32M12 September 2023
Current rentAED 110K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Safeer Tower 1

What is 806 worth today?

Last sold for AED 1,320,000 in 2023

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15 Aug 2025RentedRenewal
AED 110,000/yr12 months · AED 73 per sqft
15 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 73 per sqft
12 Sep 2023SoldReady
AED 1,320,000AED 879 per sqft
1 Oct 2022RentedNew contract
AED 85,000/yr12 months · AED 57 per sqft
1 Aug 2021RentedRenewal
AED 78,462/yr13 months · AED 52 per sqft
1 Jul 2020RentedRenewal
AED 78,462/yr13 months · AED 52 per sqft
1 Jun 2018RentedNew contract
AED 100,000/yr13 months · AED 67 per sqft
29 Jul 2017RentedNew contract
AED 105,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
8th of 15
Parking
B2 - 063
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 29,300 /yr
Last sold
AED 1.32M · September 2023

About 806, Safeer Tower 1

806 is a two-bedroom apartment of 1,501 sqft on the 8th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 12 September 2023 for AED 1,320,000, or AED 879 per sqft, 10% above the AED 799 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 110,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 29,300 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical two-bed in Safeer Tower 1
1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,061,134; 2017 AED 2,061,134; 2023 AED 1,200,000; 2024 AED 1,500,000; 2025 AED 1,527,500Sold by developer, April 2015: AED 2,061,134 (AED 1,390 per sqft)Sold, September 2023: AED 1,320,000 (AED 879 per sqft)

806 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 806, each contractTypical two-bed in Safeer Tower 1
75K100K2017202020232026Typical rent by year: 2017 AED 106,500; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 67,000; 2022 AED 75,375; 2023 AED 89,250; 2024 AED 110,000; 2025 AED 110,000New contract, July 2017: AED 105,000 a yearNew contract, June 2018: AED 100,000 a yearRenewal, July 2020: AED 78,462 a yearRenewal, August 2021: AED 78,462 a yearNew contract, October 2022: AED 85,000 a yearNew contract, August 2024: AED 110,000 a yearRenewal, August 2025: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Safeer Tower 1, and where 806 sits

All 27 2-beds →

806 last sold in September 2023 at AED 879 per sqft, 10% above what two-beds in Safeer Tower 1 were fetching at the time (AED 799). 806's AED 110,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Jul 20251,460,000
16 Jun 20251,480,000
23 May 20251,600,000
6 Mar 20251,575,000
0 2-bed sales in the last 12 months

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 8th floor

All 170 units in Safeer Tower 1
Value
8011-bedAED 1.39M · Aug 2017
8021-bedAED 1.28M · Aug 2017
8032-bedAED 1.99M · Aug 2017
8042-bedAED 1.9M · Jul 2017
8052-bedAED 1.46M · Jul 2025
8071-bedAED 790K · Jun 2020
8081-bedAED 1.35M · Aug 2017

806, Safeer Tower 1 in numbers

  • Sold twice: first on 15 April 2015 for AED 2,061,134, last on 12 September 2023 for AED 1,320,000 (AED 879 per sqft).
  • Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 78,462 in 2021 and recovered to AED 110,000 by August 2025.
  • At AED 110,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 29,300 a year (AED 19.53 per sqft).

Source: Dubai Land Department. Updated 15 August 2025.

Questions about 806, Safeer Tower 1

What did unit 806 last sell for?

AED 1,320,000 on 12 September 2023: AED 879 per sqft for 1,501 sqft. The unit has 2 registered sales; the first was AED 2,061,134 in April 2015.

What is the rent for unit 806?

AED 110,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 110,000; the unit has been rented since July 2017.

How big is unit 806?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 8th floor of a 15-storey tower completed in 2017.

What is unit 806 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 806, Safeer Tower 1

Starts from the last sale price (AED 1.32M, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

Plus AED 60,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →