103, 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 103, Safeer Tower 1
What is 103 worth today?
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Source: Dubai Land Department. Updated 18 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 445 sqft
- Floor
- 1st of 15
- Parking
- B2 - 020
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,700 /yr
- Last sold
- AED 692K · August 2017
- Building
- Safeer Tower 1
About 103, Safeer Tower 1
103 is a studio of 445 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 692,306, or AED 1,555 per sqft, 6% below the AED 1,661 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 18 May 2026, is AED 54,000 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 8,700 a year.
Sales and rents for 103 over time
103 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safeer Tower 1, and where 103 sits
All 86 studios →103 last sold in August 2017 at AED 1,555 per sqft, 6% below what studios in Safeer Tower 1 were fetching at the time (AED 1,661). Over the last 12 months studios sold for AED 600,000 to 740,000, around AED 1,438 per sqft, and rent for AED 44,000 to 84,000 a year. 103's AED 54,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 457 sqft | 640,000 | 1,399 | ||
| 2 Apr 20262 April 2026 | 455 sqft | 600,000 | 1,319 | ||
| 30 Mar 202630 March 2026 | 457 sqft | 665,000 | 1,454 | ||
| 9 Jan 20269 January 2026 | 445 sqft | 655,000 | 1,471 |
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 | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 959 sqft | AED 1.38MAED 1,379,447 · Aug 2017August 2017 | 60,829 /yr | |
| 102 | Studio | 427 sqft | AED 664KAED 664,004 · Aug 2017August 2017 | 60,000 /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 |
103, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 6 August 2017 for AED 692,306, or AED 1,555 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 28,000 in 2021 and recovered to AED 54,000 by May 2026.
- At AED 54,000 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 8,700 a year (AED 19.53 per sqft).
- Studios in Safeer Tower 1 sold for AED 600,000–740,000 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 18 May 2026.
Questions about 103, Safeer Tower 1
What did unit 103 last sell for?
AED 692,306 on 6 August 2017, sold by the developer: AED 1,555 per sqft for 445 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 54,000 a year on the contract signed on 18 May 2026. The previous contract, from February 2024, was AED 56,000; the unit has been rented since August 2017.
How big is unit 103?
445 sqft (41.3 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.
What is unit 103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 1 sold for AED 600,000 to 740,000 in the last 12 months, around AED 1,438 per sqft.
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Mortgage on 103, Safeer Tower 1
Starts from the last sale price (AED 692K, 6 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 692,306
- Deposit, UAE resident (20%)
- AED 138,461
- Deposit, non-resident (40%)
- AED 276,922
- Monthly over 25 years at 3.7%
- AED 2,832
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →