1205, 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 1205, Safeer Tower 1
What is 1205 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 12th of 15
- Parking
- B1 - 067
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 30,900 /yr
- Last sold
- AED 2.17M · August 2017
- Building
- Safeer Tower 1
About 1205, Safeer Tower 1
1205 is a two-bedroom apartment of 1,583 sqft on the 12th 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 2,171,741, or AED 1,372 per sqft, in line with the AED 1,360 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 91,400 a year: a gross yield of 4.2% on the 2017 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1205 over time
1205 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 1205 sits
All 28 2-beds →1205 last sold in August 2017 at AED 1,372 per sqft, in line with 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. 1205's AED 91,400 is at the bottom 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 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 | |
| 1202 | 1-bed | 857 sqft | AED 910KAED 910,000 · Sep 2023September 2023 | 80,000 /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 | |
| 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 |
1205, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 2,171,741, or AED 1,372 per sqft.
- Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 67,000 in 2021 and recovered to AED 91,400 by October 2026.
- At AED 91,400 a year the gross yield on the 2017 price is 4.2%, before a service charge of about AED 30,900 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 25 October 2026.
Questions about 1205, Safeer Tower 1
What did unit 1205 last sell for?
AED 2,171,741 on 26 August 2017, sold by the developer: AED 1,372 per sqft for 1,583 sqft. It is the only registered sale of the unit.
What is the rent for unit 1205?
AED 91,400 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 91,400; the unit has been rented since August 2017.
How big is unit 1205?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1205 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 1205, Safeer Tower 1
Starts from the last sale price (AED 2.17M, 26 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,171,741
- Deposit, UAE resident (20%)
- AED 434,348
- Deposit, non-resident (40%)
- AED 868,696
- Monthly over 25 years at 3.7%
- AED 8,885
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →