1-bed · 960 sqftSafeer Tower 1, Business Bay · 10th floor · completed 2017

1008, Safeer Tower 1

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 30 May 2026
Last soldAED 672K1 March 2022
Current rentAED 93K /yr30 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Safeer Tower 1

What is 1008 worth today?

Last sold for AED 672,021 in 2022

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30 May 2026RentedNew contract
AED 93,000/yr12 months · AED 97 per sqft
30 May 2024RentedNew contract
AED 93,000/yr12 months · AED 97 per sqft
1 Mar 2022SoldReady
AED 672,021AED 699 per sqft
6 Jul 2020RentedRenewal
AED 51,000/yr12 months · AED 53 per sqft
6 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
4 Sep 2017RentedNew contract
AED 74,586/yr12 months · AED 78 per sqft
7 Jun 2015Sold by developerOff-plan
AED 1,382,684AED 1,480 per sqft

Source: Dubai Land Department. Updated 30 May 2026.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
10th of 15
Parking
B1 - 058
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 18,700 /yr
Last sold
AED 672K · March 2022

About 1008, Safeer Tower 1

1008 is a one-bedroom apartment of 960 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 1 March 2022 for AED 672,021, or AED 699 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 30 May 2026, is AED 93,000 a year: a gross yield of 13.8% on the 2022 price, before the service charge of about AED 18,700 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical one-bed in Safeer Tower 1
500K1M1.5M2015201820212024Typical 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, June 2015: AED 1,382,684 (AED 1,480 per sqft)Sold, March 2022: AED 672,021 (AED 699 per sqft)

1008 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1008, each contractTypical one-bed in Safeer Tower 1
50K75K100K2017202020232026Typical 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 75,000New contract, September 2017: AED 74,586 a yearNew contract, July 2019: AED 55,000 a yearRenewal, July 2020: AED 51,000 a yearNew contract, May 2024: AED 93,000 a yearNew contract, May 2026: AED 93,000 a year

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 1008 sits

All 54 1-beds →

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. 1008's AED 93,000 is at the top of that range.

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
10071-bedAED 1.24M · Apr 2015

1008, Safeer Tower 1 in numbers

  • Sold twice: first on 7 June 2015 for AED 1,382,684, last on 1 March 2022 for AED 672,021 (AED 699 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 74,586 to AED 51,000 in 2020 and recovered to AED 93,000 by May 2026.
  • At AED 93,000 a year the gross yield on the 2022 price is 13.8%, before a service charge of about AED 18,700 a year (AED 19.53 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 30 May 2026.

Questions about 1008, Safeer Tower 1

What did unit 1008 last sell for?

AED 672,021 on 1 March 2022: AED 699 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,382,684 in June 2015.

What is the rent for unit 1008?

AED 93,000 a year on the contract signed on 30 May 2026. The previous contract, from May 2024, was AED 93,000; the unit has been rented since September 2017.

How big is unit 1008?

960 sqft (89.2 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2017.

What is unit 1008 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 1008, Safeer Tower 1

Starts from the last sale price (AED 672K, 1 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 672,021
Deposit, UAE resident (20%)
AED 134,404
Deposit, non-resident (40%)
AED 268,808
Monthly over 25 years at 3.7%
AED 2,749

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