Studio · 601 sqftSafeer Tower 1, Business Bay · 1st floor · completed 2017

105, 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.

Unit 105 · DLD and Ejari recordsUpdated 21 July 2025
Last soldAED 925K6 August 2017
Current rentAED 15K /yr21 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, Safeer Tower 1

What is 105 worth today?

Last sold for AED 925,000 in 2017

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21 Jul 2025RentedNew contract
AED 15,000/yr12 months · AED 25 per sqft
21 Jul 2025RentedNew contract
AED 15,000/yr12 months · AED 25 per sqft
6 Mar 2023RentedNew contract
AED 15,000/yr12 months · AED 25 per sqft
4 Nov 2019RentedNew contract
AED 45,000/yr12 months · AED 75 per sqft
6 Aug 2017Sold by developerReady
AED 925,000AED 1,539 per sqft
1 Aug 2017RentedNew contract
AED 35,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 21 July 2025.

Key facts

Type
Studio apartment
Size
601 sqft
Floor
1st of 15
Parking
B2 - 018
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 11,700 /yr
Last sold
AED 925K · August 2017

About 105, Safeer Tower 1

105 is a studio of 601 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 925,000, or AED 1,539 per sqft, 7% below the AED 1,661 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 21 July 2025, is AED 15,000 a year: a gross yield of 1.6% on the 2017 price, before the service charge of about AED 11,700 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical studio in Safeer Tower 1
500K750K1M20152018202120242027Typical sale price by year: 2015 AED 734,930; 2016 AED 761,185; 2017 AED 747,840; 2018 AED 550,000; 2020 AED 375,189; 2021 AED 430,000; 2022 AED 421,239; 2023 AED 510,000; 2024 AED 635,000; 2025 AED 660,000; 2026 AED 647,500Sold by developer, August 2017: AED 925,000 (AED 1,539 per sqft)

105 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 105, each contractTypical studio in Safeer Tower 1
20K40K60K2017202020232026Typical rent by year: 2017 AED 52,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 30,000; 2022 AED 37,500; 2023 AED 45,000; 2024 AED 50,820; 2025 AED 55,000; 2026 AED 55,500New contract, August 2017: AED 35,000 a yearNew contract, November 2019: AED 45,000 a yearNew contract, March 2023: AED 15,000 a yearNew contract, July 2025: AED 15,000 a yearNew contract, July 2025: AED 15,000 a year

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 105 sits

All 86 studios →

105 last sold in August 2017 at AED 1,539 per sqft, 7% 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. 105's AED 15,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2026640,000
2 Apr 2026600,000
30 Mar 2026665,000
9 Jan 2026655,000
7 studio 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 1st floor

All 170 units in Safeer Tower 1
Value
1011-bedAED 1.38M · Aug 2017
102StudioAED 664K · Aug 2017
103StudioAED 692K · Aug 2017
104StudioAED 560K · Mar 2018
106StudioAED 360K · Nov 2020
107StudioAED 714K · Aug 2017
108StudioAED 671K · Aug 2017
1–7 of 9

105, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 6 August 2017 for AED 925,000, or AED 1,539 per sqft.
  • Rented since August 2017 on 5 Ejari contracts, from AED 35,000 to AED 15,000 a year.
  • At AED 15,000 a year the gross yield on the 2017 price is 1.6%, before a service charge of about AED 11,700 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 21 July 2025.

Questions about 105, Safeer Tower 1

What did unit 105 last sell for?

AED 925,000 on 6 August 2017, sold by the developer: AED 1,539 per sqft for 601 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 15,000 a year on the contract signed on 21 July 2025. The previous contract, from July 2025, was AED 15,000; the unit has been rented since August 2017.

How big is unit 105?

601 sqft (55.8 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.

What is unit 105 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 105, Safeer Tower 1

Starts from the last sale price (AED 925K, 6 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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