1-bed · 857 sqftSafeer Tower 1, Business Bay · 11th floor · completed 2017

1102, Safeer Tower 1

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 950K23 October 2023
Current rentAED 80K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Safeer Tower 1

What is 1102 worth today?

Last sold for AED 950,000 in 2023

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1 Apr 2025RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
15 Jan 2024RentedNew contract
AED 63,000/yr12 months · AED 74 per sqft
23 Oct 2023SoldReady
AED 950,000AED 1,108 per sqft
15 Jan 2023RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
1 Jan 2022RentedNew contract
AED 52,000/yr12 months · AED 60 per sqft
10 Feb 2021RentedNew contract
AED 46,000/yr12 months · AED 53 per sqft
10 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
10 Dec 2018RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
11th of 15
Parking
B1 - 056
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 16,700 /yr
Last sold
AED 950K · October 2023

About 1102, Safeer Tower 1

1102 is a one-bedroom apartment of 857 sqft on the 11th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 23 October 2023 for AED 950,000, or AED 1,108 per sqft, 18% above the AED 938 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 April 2025, is AED 80,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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 1,282,553 (AED 1,496 per sqft)Sold, October 2023: AED 950,000 (AED 1,108 per sqft)

1102 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1102, 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, September 2017: AED 75,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, February 2020: AED 60,000 a yearNew contract, February 2021: AED 46,000 a yearNew contract, January 2022: AED 52,000 a yearNew contract, January 2023: AED 60,000 a yearNew contract, January 2024: AED 63,000 a yearNew contract, April 2025: AED 80,000 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 1102 sits

All 54 1-beds →

1102 last sold in October 2023 at AED 1,108 per sqft, 18% above what one-beds in Safeer Tower 1 were fetching at the time (AED 938). 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. 1102's AED 80,000 is in the lower half 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 11th floor

All 170 units in Safeer Tower 1
Value
11011-bedAED 940K · Oct 2024
11032-bedAED 1.94M · Aug 2017
11042-bedAED 1.48M · Dec 2024
11052-bedAED 2.17M · Aug 2017
11062-bedAED 1.6M · Feb 2026
11071-bedAED 511K · Nov 2020
11081-bedAED 1.18M · Mar 2026

1102, Safeer Tower 1 in numbers

  • Sold twice: first on 10 August 2017 for AED 1,282,553, last on 23 October 2023 for AED 950,000 (AED 1,108 per sqft).
  • Rented since September 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 46,000 in 2021 and recovered to AED 80,000 by April 2025.
  • At AED 80,000 a year the gross yield on the 2023 price is 8.4%, before a service charge of about AED 16,700 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 1 April 2025.

Questions about 1102, Safeer Tower 1

What did unit 1102 last sell for?

AED 950,000 on 23 October 2023: AED 1,108 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,282,553 in August 2017.

What is the rent for unit 1102?

AED 80,000 a year on the contract signed on 1 April 2025. The previous contract, from January 2024, was AED 63,000; the unit has been rented since September 2017.

How big is unit 1102?

857 sqft (79.6 sqm): a one-bedroom apartment on the 11th floor of a 15-storey tower completed in 2017.

What is unit 1102 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 1102, Safeer Tower 1

Starts from the last sale price (AED 950K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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