1-bed · 852 sqftSafeer Tower 1, Business Bay · 10th floor · completed 2017

1007, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in April 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 15 April 2015
Last soldAED 1.24M15 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Safeer Tower 1

What is 1007 worth today?

Last sold for AED 1,240,502 in 2015

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15 Apr 2015Sold by developerOff-plan
AED 1,240,502AED 1,455 per sqft

Source: Dubai Land Department. Updated 15 April 2015.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
10th of 15
Parking
B1 - 059
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 16,600 /yr
Last sold
AED 1.24M · April 2015

About 1007, Safeer Tower 1

1007 is a one-bedroom apartment of 852 sqft on the 10th 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 15 April 2015 for AED 1,240,502, or AED 1,455 per sqft, in line with the AED 1,413 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical one-bed in Safeer Tower 1
500K1M2015201820212024Typical sale price by year: 2015 AED 1,319,588; 2017 AED 1,347,230; 2018 AED 1,050,000; 2020 AED 606,696; 2022 AED 725,000; 2023 AED 930,000; 2024 AED 940,000; 2025 AED 981,500Sold by developer, April 2015: AED 1,240,502 (AED 1,455 per sqft)

1007 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1007, each contractTypical one-bed in Safeer Tower 1
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,920; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 75,000

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 1007 sits

All 54 1-beds →

1007 last sold in April 2015 at AED 1,455 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 1,413). Over the last 12 months one-beds sold for AED 1,050,000 to 1,177,292, around AED 1,225 per sqft, and rent for AED 69,878 to 93,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20261,050,000
9 Mar 20261,177,292
27 Nov 20251,080,000
16 May 2025963,000
3 1-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. 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%
Safeer Tower 1, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 170 units in Safeer Tower 1
Value
10011-bedAED 1.39M · Aug 2017
10021-bedAED 1.28M · Aug 2017
10032-bedAED 1.94M · Aug 2017
10042-bedAED 2.17M · Apr 2015
10052-bedAED 1.02M · Feb 2021
10062-bedAED 1.5M · Apr 2024
10081-bedAED 672K · Mar 2022

1007, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 15 April 2015 for AED 1,240,502, or AED 1,455 per sqft.
  • One-beds in Safeer Tower 1 sold for AED 1,050,000–1,177,292 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 15 April 2015.

Questions about 1007, Safeer Tower 1

What did unit 1007 last sell for?

AED 1,240,502 on 15 April 2015, sold by the developer: AED 1,455 per sqft for 852 sqft. It is the only registered sale of the unit.

How big is unit 1007?

852 sqft (79.2 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2017.

What is unit 1007 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 1,050,000 to 1,177,292 in the last 12 months, around AED 1,225 per sqft.

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Mortgage on 1007, Safeer Tower 1

Starts from the last sale price (AED 1.24M, 15 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,240,502
Deposit, UAE resident (20%)
AED 248,100
Deposit, non-resident (40%)
AED 496,201
Monthly over 25 years at 3.7%
AED 5,075

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →