902, Safeer Tower 1
Sold prices and rental history: sold twice, last in February 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 902, Safeer Tower 1
What is 902 worth today?
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Source: Dubai Land Department. Updated 17 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 9th of 15
- Parking
- B1 - 025
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 16,700 /yr
- Last sold
- AED 1M · February 2025
- Building
- Safeer Tower 1
About 902, Safeer Tower 1
902 is a one-bedroom apartment of 857 sqft on the 9th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 17 February 2025 for AED 1,000,000, or AED 1,166 per sqft, 19% above the AED 978 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 11 July 2024, is AED 75,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 16,700 a year.
Sales and rents for 902 over time
902 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Safeer Tower 1, and where 902 sits
All 53 1-beds →902 last sold in February 2025 at AED 1,166 per sqft, 19% above what one-beds in Safeer Tower 1 were fetching at the time (AED 978). Over the last 12 months one-beds sold for AED 1,080,000, around AED 1,067 per sqft, and rent for AED 72,000 to 82,000 a year. 902's AED 75,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 May 202516 May 2025 | 961 sqft | 963,000 | 1,002 | ||
| 22 Jan 202522 January 2025 | 961 sqft | 940,000 | 978 | ||
| 19 Dec 202419 December 2024 | 961 sqft | 920,000 | 957 | ||
| 18 Dec 202418 December 2024 | 960 sqft | 935,000 | 973 |
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 9th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 961 sqft | AED 1.47MAED 1,466,209 · Mar 2015March 2015 | 72,000 /yr | |
| 903 | 2-bed | 1,501 sqft | AED 1.99MAED 1,992,429 · Aug 2017August 2017 | 115,000 /yr | |
| 904 | 2-bed | 1,580 sqft | AED 2.17MAED 2,171,741 · Feb 2016February 2016 | ||
| 905 | 2-bed | 1,583 sqft | AED 1.81MAED 1,807,974 · Aug 2017August 2017 | 80,000 /yr | |
| 906 | 2-bed | 1,501 sqft | AED 1.08MAED 1,080,000 · Mar 2023March 2023 | 105,000 /yr | |
| 907 | 1-bed | 852 sqft | AED 1.24MAED 1,240,502 · Aug 2017August 2017 | 80,000 /yr | |
| 908 | 1-bed | 960 sqft | AED 1.35MAED 1,347,230 · Aug 2017August 2017 | 52,000 /yr |
902, Safeer Tower 1 in numbers
- Sold twice: first on 10 August 2017 for AED 1,282,553, last on 17 February 2025 for AED 1,000,000 (AED 1,166 per sqft).
- Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2020 and recovered to AED 75,000 by July 2024.
- At AED 75,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 16,700 a year (AED 19.53 per sqft).
- One-beds in Safeer Tower 1 sold for AED 1,080,000–1,080,000 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 17 February 2025.
Questions about 902, Safeer Tower 1
What did unit 902 last sell for?
AED 1,000,000 on 17 February 2025: AED 1,166 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,282,553 in August 2017.
What is the rent for unit 902?
AED 75,000 a year on the contract signed on 11 July 2024. The previous contract, from May 2022, was AED 54,000; the unit has been rented since October 2017.
How big is unit 902?
857 sqft (79.6 sqm): a one-bedroom apartment on the 9th floor of a 15-storey tower completed in 2017.
What is unit 902 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safeer Tower 1 sold for AED 1,080,000 to 1,080,000 in the last 12 months, around AED 1,067 per sqft.
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Mortgage on 902, Safeer Tower 1
Starts from the last sale price (AED 1M, 17 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →