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

110, 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 110 · DLD and Ejari recordsUpdated 31 December 2021
Last soldAED 1.35M26 August 2017
Current rentAED 47K /yr31 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, Safeer Tower 1

What is 110 worth today?

Last sold for AED 1,347,696 in 2017

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31 Dec 2021RentedRenewal
AED 47,000/yr12 months · AED 49 per sqft
31 Dec 2020RentedNew contract
AED 42,000/yr12 months · AED 44 per sqft
12 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
15 Oct 2018RentedRenewal
AED 65,000/yr12 months · AED 68 per sqft
15 Oct 2017RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
26 Aug 2017Sold by developerReady
AED 1,347,696AED 1,404 per sqft

Source: Dubai Land Department. Updated 31 December 2021.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
1st of 15
Parking
B2 - 028
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 18,700 /yr
Last sold
AED 1.35M · August 2017

About 110, Safeer Tower 1

110 is a one-bedroom apartment of 960 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 26 August 2017 for AED 1,347,696, or AED 1,404 per sqft, 3% below the AED 1,450 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 31 December 2021, is AED 47,000 a year: a gross yield of 3.5% on the 2017 price, before the service charge of about AED 18,700 a year.

Sales and rents for 110 over time

Sales
Unit 110, 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, August 2017: AED 1,347,696 (AED 1,404 per sqft)

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

Rents
Unit 110, 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 75,000New contract, October 2017: AED 75,000 a yearRenewal, October 2018: AED 65,000 a yearNew contract, December 2019: AED 50,000 a yearNew contract, December 2020: AED 42,000 a yearRenewal, December 2021: AED 47,000 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 110 sits

All 54 1-beds →

110 last sold in August 2017 at AED 1,404 per sqft, 3% below what one-beds in Safeer Tower 1 were fetching at the time (AED 1,450). 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. 110's AED 47,000 is at the bottom 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 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
105StudioAED 925K · Aug 2017
106StudioAED 360K · Nov 2020
107StudioAED 714K · Aug 2017
1–7 of 9

110, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 1,347,696, or AED 1,404 per sqft.
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2020 and recovered to AED 47,000 by December 2021.
  • At AED 47,000 a year the gross yield on the 2017 price is 3.5%, 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 31 December 2021.

Questions about 110, Safeer Tower 1

What did unit 110 last sell for?

AED 1,347,696 on 26 August 2017, sold by the developer: AED 1,404 per sqft for 960 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 47,000 a year on the contract renewed on 31 December 2021. The previous contract, from December 2020, was AED 42,000; the unit has been rented since October 2017.

How big is unit 110?

960 sqft (89.2 sqm): a one-bedroom apartment on the 1st floor of a 15-storey tower completed in 2017.

What is unit 110 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 110, Safeer Tower 1

Starts from the last sale price (AED 1.35M, 26 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,347,696
Deposit, UAE resident (20%)
AED 269,539
Deposit, non-resident (40%)
AED 539,078
Monthly over 25 years at 3.7%
AED 5,514

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