101, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, 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 101, Safeer Tower 1
What is 101 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 959 sqft
- Floor
- 1st of 15
- Parking
- B2 - 029
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1.38M · August 2017
- Building
- Safeer Tower 1
About 101, Safeer Tower 1
101 is a one-bedroom apartment of 959 sqft on the 1st 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 6 August 2017 for AED 1,379,447, or AED 1,437 per sqft, in line with the AED 1,403 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 60,829 a year: a gross yield of 4.4% on the 2017 price, before the service charge of about AED 18,700 a year.
Sales and rents for 101 over time
101 has sold once; 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 101 sits
All 54 1-beds →101 last sold in August 2017 at AED 1,437 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 1,403). 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. 101's AED 60,829 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 857 sqft | 1,050,000 | 1,225 | ||
| 9 Mar 20269 March 2026 | 960 sqft | 1,177,292 | 1,226 | ||
| 27 Nov 202527 November 2025 | 1,011 sqft | 1,080,000 | 1,067 | ||
| 16 May 202516 May 2025 | 961 sqft | 963,000 | 1,002 |
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 1st floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | Studio | 427 sqft | AED 664KAED 664,004 · Aug 2017August 2017 | 60,000 /yr | |
| 103 | Studio | 445 sqft | AED 692KAED 692,306 · Aug 2017August 2017 | 54,000 /yr | |
| 104 | Studio | 430 sqft | AED 560KAED 560,000 · Mar 2018March 2018 | 48,000 /yr | |
| 105 | Studio | 601 sqft | AED 925KAED 925,000 · Aug 2017August 2017 | 15,000 /yr | |
| 106 | Studio | 601 sqft | AED 360KAED 360,378 · Nov 2020November 2020 | 81,000 /yr | |
| 107 | Studio | 430 sqft | AED 714KAED 714,048 · Aug 2017August 2017 | 52,030 /yr | |
| 108 | Studio | 445 sqft | AED 671KAED 670,536 · Aug 2017August 2017 | 48,000 /yr | |
| 109 | Studio | 426 sqft | AED 711KAED 710,821 · Aug 2017August 2017 | 54,000 /yr | |
| 110 | 1-bed | 960 sqft | AED 1.35MAED 1,347,696 · Aug 2017August 2017 | 47,000 /yr |
101, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 6 August 2017 for AED 1,379,447, or AED 1,437 per sqft.
- Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 40,000 in 2021 and recovered to AED 60,829 by July 2024.
- At AED 60,829 a year the gross yield on the 2017 price is 4.4%, 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 20 July 2024.
Questions about 101, Safeer Tower 1
What did unit 101 last sell for?
AED 1,379,447 on 6 August 2017, sold by the developer: AED 1,437 per sqft for 959 sqft. It is the only registered sale of the unit.
What is the rent for unit 101?
AED 60,829 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 60,720; the unit has been rented since May 2017.
How big is unit 101?
959 sqft (89.1 sqm): a one-bedroom apartment on the 1st floor of a 15-storey tower completed in 2017.
What is unit 101 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.
Selling 101? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 101, Safeer Tower 1
Starts from the last sale price (AED 1.38M, 6 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,379,447
- Deposit, UAE resident (20%)
- AED 275,889
- Deposit, non-resident (40%)
- AED 551,779
- Monthly over 25 years at 3.7%
- AED 5,644
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →