1202, Safeer Tower 1
Sold prices and rental history: sold twice, last in September 2023, 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 1202, Safeer Tower 1
What is 1202 worth today?
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Source: Dubai Land Department. Updated 13 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 12th of 15
- Parking
- B1 - 052
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 16,700 /yr
- Last sold
- AED 910K · September 2023
- Building
- Safeer Tower 1
About 1202, Safeer Tower 1
1202 is a one-bedroom apartment of 857 sqft on the 12th 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 September 2023 for AED 910,000, or AED 1,061 per sqft, 13% above the AED 936 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 13 November 2025, is AED 80,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 16,700 a year.
Sales and rents for 1202 over time
1202 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1202 sits
All 54 1-beds →1202 last sold in September 2023 at AED 1,061 per sqft, 13% above what one-beds in Safeer Tower 1 were fetching at the time (AED 936). 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. 1202's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 857 sqft | 1,050,000 | 1,225 | ||
| 9 Mar 20269 March 2026 | 960 sqft | 1,177,292 | 1,226 | ||
| 27 Nov 202527 November 2025 | 1,011 sqft | 1,080,000 | 1,067 | ||
| 16 May 202516 May 2025 | 961 sqft | 963,000 | 1,002 |
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 12th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 1-bed | 961 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 90,000 /yr | |
| 1203 | 2-bed | 1,501 sqft | AED 1.58MAED 1,575,000 · Mar 2025March 2025 | 85,082 /yr | |
| 1204 | 2-bed | 1,580 sqft | AED 1.73MAED 1,730,000 · Jul 2024July 2024 | 96,923 /yr | |
| 1205 | 2-bed | 1,583 sqft | AED 2.17MAED 2,171,741 · Aug 2017August 2017 | 91,400 /yr | |
| 1206 | 2-bed | 1,501 sqft | AED 1.6MAED 1,600,000 · May 2025May 2025 | 110,000 /yr | |
| 1207 | 1-bed | 852 sqft | AED 950KAED 950,000 · May 2024May 2024 | 50,000 /yr | |
| 1208 | 1-bed | 960 sqft | AED 1.05MAED 1,050,000 · Apr 2018April 2018 | 75,000 /yr |
1202, Safeer Tower 1 in numbers
- Sold twice: first on 10 August 2017 for AED 1,282,553, last on 25 September 2023 for AED 910,000 (AED 1,061 per sqft).
- Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2020 and recovered to AED 80,000 by November 2025.
- At AED 80,000 a year the gross yield on the 2023 price is 8.8%, 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 13 November 2025.
Questions about 1202, Safeer Tower 1
What did unit 1202 last sell for?
AED 910,000 on 25 September 2023: AED 1,061 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 1202?
AED 80,000 a year on the contract renewed on 13 November 2025. The previous contract, from November 2024, was AED 74,000; the unit has been rented since June 2017.
How big is unit 1202?
857 sqft (79.6 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1202 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 1202, Safeer Tower 1
Starts from the last sale price (AED 910K, 25 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 910,000
- Deposit, UAE resident (20%)
- AED 182,000
- Deposit, non-resident (40%)
- AED 364,000
- Monthly over 25 years at 3.7%
- AED 3,723
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →