1005, Safeer Tower 1
Sold prices and rental history: sold twice, last in February 2021, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1005, Safeer Tower 1
What is 1005 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 10th of 15
- Parking
- B2 - 079
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.02M · February 2021
- Building
- Safeer Tower 1
About 1005, Safeer Tower 1
1005 is a two-bedroom apartment of 1,583 sqft on the 10th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 24 February 2021 for AED 1,020,000, or AED 644 per sqft.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 8 January 2025, is AED 120,000 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1005 over time
1005 has sold twice; 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 1005 sits
All 28 2-beds →Over the last 12 months two-beds sold for AED 1,600,000 to 1,650,000, around AED 1,055 per sqft, and rent for AED 91,400 to 180,000 a year. 1005's AED 120,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,580 sqft | 1,650,000 | 1,044 | ||
| 25 Feb 202625 February 2026 | 1,501 sqft | 1,600,000 | 1,066 | ||
| 11 Aug 202511 August 2025 | 1,501 sqft | 1,500,000 | 999 | ||
| 11 Jul 202511 July 2025 | 1,583 sqft | 1,460,000 | 922 |
Safeer Tower 1
Building170 apartments, studios to 2-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,359 Up 16.6%
- Typical sale
- AED 703K
- Typical rent
- AED 64K /yr
- Typical yield
- 8.3%
Other units on the 10th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 961 sqft | AED 1.39MAED 1,392,899 · Aug 2017August 2017 | 73,500 /yr | |
| 1002 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 51,600 /yr | |
| 1003 | 2-bed | 1,501 sqft | AED 1.94MAED 1,942,618 · Aug 2017August 2017 | 128,000 /yr | |
| 1004 | 2-bed | 1,580 sqft | AED 2.17MAED 2,171,741 · Apr 2015April 2015 | 120,000 /yr | |
| 1006 | 2-bed | 1,501 sqft | AED 1.5MAED 1,500,000 · Apr 2024April 2024 | 60,000 /yr | |
| 1007 | 1-bed | 852 sqft | AED 1.24MAED 1,240,502 · Apr 2015April 2015 | ||
| 1008 | 1-bed | 960 sqft | AED 672KAED 672,021 · Mar 2022March 2022 | 93,000 /yr |
1005, Safeer Tower 1 in numbers
- Sold twice: first on 26 August 2017 for AED 2,171,741, last on 24 February 2021 for AED 1,020,000 (AED 644 per sqft).
- Rented since January 2025 on 2 Ejari contracts, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2021 price is 11.8%, before a service charge of about AED 30,900 a year (AED 19.53 per sqft).
- Two-beds in Safeer Tower 1 sold for AED 1,600,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,359 per sqft.
Source: Dubai Land Department. Updated 8 January 2025.
Questions about 1005, Safeer Tower 1
What did unit 1005 last sell for?
AED 1,020,000 on 24 February 2021: AED 644 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 2,171,741 in August 2017.
What is the rent for unit 1005?
AED 120,000 a year on the contract signed on 8 January 2025. The previous contract, from January 2025, was AED 120,000.
How big is unit 1005?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2017.
What is unit 1005 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safeer Tower 1 sold for AED 1,600,000 to 1,650,000 in the last 12 months, around AED 1,055 per sqft.
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Mortgage on 1005, Safeer Tower 1
Starts from the last sale price (AED 1.02M, 24 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →