2-bed · 1,501 sqftSafeer Tower 1, Business Bay · 11th floor · completed 2017

1106, Safeer Tower 1

Sold prices and rental history: sold 3 times, last in February 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1106 · DLD and Ejari recordsUpdated 15 April 2026
Last soldAED 1.6M25 February 2026
Current rentAED 125K /yr15 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1106, Safeer Tower 1

What is 1106 worth today?

Last sold for AED 1,600,000 in 2026

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15 Apr 2026RentedNew contract
AED 125,000/yr12 months · AED 83 per sqft
25 Feb 2026SoldReady
AED 1,600,000AED 1,066 per sqft
11 Sep 2023RentedNew contract
AED 105,000/yr12 months · AED 70 per sqft
4 May 2023SoldReady
AED 1,200,000AED 799 per sqft
25 Nov 2021RentedNew contract
AED 60,000/yr12 months · AED 40 per sqft
1 Oct 2020RentedNew contract
AED 62,000/yr12 months · AED 41 per sqft
5 Jul 2019RentedRenewal
AED 87,000/yr12 months · AED 58 per sqft
5 Jul 2018RentedNew contract
AED 100,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 15 April 2026.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
11th of 15
Parking
B2 - 084
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 29,300 /yr
Last sold
AED 1.6M · February 2026

About 1106, Safeer Tower 1

1106 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. It last sold on 25 February 2026 for AED 1,600,000, or AED 1,066 per sqft, 4% above the AED 1,024 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 April 2026, is AED 125,000 a year: a gross yield of 7.8% on the 2026 price, before the service charge of about AED 29,300 a year.

Sales and rents for 1106 over time

Sales
Unit 1106, each saleTypical two-bed in Safeer Tower 1
1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,061,134; 2017 AED 2,061,134; 2023 AED 1,220,000; 2024 AED 1,500,000; 2025 AED 1,500,000Sold by developer, August 2017: AED 2,061,134 (AED 1,373 per sqft)Sold, May 2023: AED 1,200,000 (AED 799 per sqft)Sold, February 2026: AED 1,600,000 (AED 1,066 per sqft)

1106 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1106, each contractTypical two-bed in Safeer Tower 1
50K100K2017202020232026Typical rent by year: 2017 AED 105,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 67,000; 2022 AED 75,000; 2023 AED 89,250; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, June 2017: AED 110,000 a yearNew contract, July 2018: AED 100,000 a yearRenewal, July 2019: AED 87,000 a yearNew contract, October 2020: AED 62,000 a yearNew contract, November 2021: AED 60,000 a yearNew contract, September 2023: AED 105,000 a yearNew contract, April 2026: AED 125,000 a year

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 1106 sits

All 28 2-beds →

1106 last sold in February 2026 at AED 1,066 per sqft, 4% above what two-beds in Safeer Tower 1 were fetching at the time (AED 1,024). 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. 1106's AED 125,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,650,000
11 Aug 20251,500,000
11 Jul 20251,460,000
16 Jun 20251,480,000
2 2-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
11021-bedAED 950K · Oct 2023
11032-bedAED 1.94M · Aug 2017
11042-bedAED 1.48M · Dec 2024
11052-bedAED 2.17M · Aug 2017
11071-bedAED 511K · Nov 2020
11081-bedAED 1.18M · Mar 2026

1106, Safeer Tower 1 in numbers

  • Sold 3 times: first on 26 August 2017 for AED 2,061,134, last on 25 February 2026 for AED 1,600,000 (AED 1,066 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 125,000 by April 2026.
  • At AED 125,000 a year the gross yield on the 2026 price is 7.8%, 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 15 April 2026.

Questions about 1106, Safeer Tower 1

What did unit 1106 last sell for?

AED 1,600,000 on 25 February 2026: AED 1,066 per sqft for 1,501 sqft. The unit has 3 registered sales; the first was AED 2,061,134 in August 2017.

What is the rent for unit 1106?

AED 125,000 a year on the contract signed on 15 April 2026. The previous contract, from September 2023, was AED 105,000; the unit has been rented since June 2017.

How big is unit 1106?

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 1106 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 1106, Safeer Tower 1

Starts from the last sale price (AED 1.6M, 25 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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