1103, 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 1103, Safeer Tower 1
What is 1103 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,501 sqft
- Floor
- 11th of 15
- Parking
- B2 - 081
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 29,300 /yr
- Last sold
- AED 1.94M · August 2017
- Building
- Safeer Tower 1
About 1103, Safeer Tower 1
1103 is a two-bedroom apartment of 1,501 sqft on the 11th 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 1,942,618, or AED 1,294 per sqft, 5% below the AED 1,360 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 180,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 29,300 a year.
Sales and rents for 1103 over time
1103 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Safeer Tower 1, and where 1103 sits
All 28 2-beds →1103 last sold in August 2017 at AED 1,294 per sqft, 5% below what two-beds in Safeer Tower 1 were fetching at the time (AED 1,360). Over the last 12 months two-beds sold for AED 1,600,000 to 1,650,000, around AED 1,055 per sqft, and rent for AED 91,400 to 180,000 a year. 1103's AED 180,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,580 sqft | 1,650,000 | 1,044 | ||
| 25 Feb 202625 February 2026 | 1,501 sqft | 1,600,000 | 1,066 | ||
| 11 Aug 202511 August 2025 | 1,501 sqft | 1,500,000 | 999 | ||
| 11 Jul 202511 July 2025 | 1,583 sqft | 1,460,000 | 922 |
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 11th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 1-bed | 961 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 78,000 /yr | |
| 1102 | 1-bed | 857 sqft | AED 950KAED 950,000 · Oct 2023October 2023 | 80,000 /yr | |
| 1104 | 2-bed | 1,580 sqft | AED 1.48MAED 1,477,479 · Dec 2024December 2024 | 110,000 /yr | |
| 1105 | 2-bed | 1,583 sqft | AED 2.17MAED 2,171,741 · Aug 2017August 2017 | 110,000 /yr | |
| 1106 | 2-bed | 1,501 sqft | AED 1.6MAED 1,600,000 · Feb 2026February 2026 | 125,000 /yr | |
| 1107 | 1-bed | 852 sqft | AED 511KAED 511,308 · Nov 2020November 2020 | 72,000 /yr | |
| 1108 | 1-bed | 960 sqft | AED 1.18MAED 1,177,292 · Mar 2026March 2026 |
1103, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 1,942,618, or AED 1,294 per sqft.
- Rented since July 2017 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2021 and recovered to AED 180,000 by September 2026.
- At AED 180,000 a year the gross yield on the 2017 price is 9.3%, before a service charge of about AED 29,300 a year (AED 19.53 per sqft).
- Two-beds in Safeer Tower 1 sold for AED 1,600,000–1,650,000 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 1 September 2026.
Questions about 1103, Safeer Tower 1
What did unit 1103 last sell for?
AED 1,942,618 on 26 August 2017, sold by the developer: AED 1,294 per sqft for 1,501 sqft. It is the only registered sale of the unit.
What is the rent for unit 1103?
AED 180,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2026, was AED 105,000; the unit has been rented since July 2017.
How big is unit 1103?
1,501 sqft (139.4 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2017.
What is unit 1103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safeer Tower 1 sold for AED 1,600,000 to 1,650,000 in the last 12 months, around AED 1,055 per sqft.
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Mortgage on 1103, Safeer Tower 1
Starts from the last sale price (AED 1.94M, 26 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,942,618
- Deposit, UAE resident (20%)
- AED 388,524
- Deposit, non-resident (40%)
- AED 777,047
- Monthly over 25 years at 3.7%
- AED 7,948
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →