903, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, and rented once, from February 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 903, Safeer Tower 1
What is 903 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,501 sqft
- Floor
- 9th of 15
- Parking
- B2 - 062
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 29,300 /yr
- Last sold
- AED 1.99M · August 2017
- Building
- Safeer Tower 1
About 903, Safeer Tower 1
903 is a two-bedroom apartment of 1,501 sqft on the 9th 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 10 August 2017 for AED 1,992,429, or AED 1,327 per sqft, in line with the AED 1,327 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 February 2025. The current contract, renewed on 25 February 2025, is AED 115,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 29,300 a year.
Sales and rents for 903 over time
903 has sold once; the dashed line is the two-bed median of each year in the building.
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 903 sits
All 27 2-beds →903 last sold in August 2017 at AED 1,327 per sqft, in line with what two-beds in Safeer Tower 1 were fetching at the time (AED 1,327). 903's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Jul 202511 July 2025 | 1,583 sqft | 1,460,000 | 922 | ||
| 16 Jun 202516 June 2025 | 1,501 sqft | 1,480,000 | 986 | ||
| 23 May 202523 May 2025 | 1,501 sqft | 1,600,000 | 1,066 | ||
| 6 Mar 20256 March 2025 | 1,501 sqft | 1,575,000 | 1,049 |
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 | |
| 902 | 1-bed | 857 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 75,000 /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 |
903, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 10 August 2017 for AED 1,992,429, or AED 1,327 per sqft.
- Rented since February 2025 on one Ejari contract, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 29,300 a year (AED 19.53 per sqft).
Source: Dubai Land Department. Updated 25 February 2025.
Questions about 903, Safeer Tower 1
What did unit 903 last sell for?
AED 1,992,429 on 10 August 2017, sold by the developer: AED 1,327 per sqft for 1,501 sqft. It is the only registered sale of the unit.
What is the rent for unit 903?
AED 115,000 a year on the contract renewed on 25 February 2025.
How big is unit 903?
1,501 sqft (139.4 sqm): a two-bedroom apartment on the 9th floor of a 15-storey tower completed in 2017.
What is unit 903 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 903, Safeer Tower 1
Starts from the last sale price (AED 1.99M, 10 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,992,429
- Deposit, UAE resident (20%)
- AED 398,486
- Deposit, non-resident (40%)
- AED 796,972
- Monthly over 25 years at 3.7%
- AED 8,152
Plus AED 88,692 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →