1206, Safeer Tower 1
Sold prices and rental history: sold twice, last in May 2025, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Safeer Tower 1
What is 1206 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,501 sqft
- Floor
- 12th of 15
- Parking
- B1 - 066
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 29,300 /yr
- Last sold
- AED 1.6M · May 2025
- Building
- Safeer Tower 1
About 1206, Safeer Tower 1
1206 is a two-bedroom apartment of 1,501 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 23 May 2025 for AED 1,600,000, or AED 1,066 per sqft, in line with the AED 1,058 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 October 2025, is AED 110,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 29,300 a year.
Sales and rents for 1206 over time
1206 has sold twice; 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 1206 sits
All 28 2-beds →1206 last sold in May 2025 at AED 1,066 per sqft, in line with what two-beds in Safeer Tower 1 were fetching at the time (AED 1,058). 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. 1206's AED 110,000 is in the lower half 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 | |
| 1205 | 2-bed | 1,583 sqft | AED 2.17MAED 2,171,741 · Aug 2017August 2017 | 91,400 /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 |
1206, Safeer Tower 1 in numbers
- Sold twice: first on 26 August 2017 for AED 1,947,775, last on 23 May 2025 for AED 1,600,000 (AED 1,066 per sqft).
- Rented since October 2017 on 3 Ejari contracts, from AED 80,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2025 price is 6.9%, 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 October 2025.
Questions about 1206, Safeer Tower 1
What did unit 1206 last sell for?
AED 1,600,000 on 23 May 2025: AED 1,066 per sqft for 1,501 sqft. The unit has 2 registered sales; the first was AED 1,947,775 in August 2017.
What is the rent for unit 1206?
AED 110,000 a year on the contract signed on 1 October 2025. The previous contract, from May 2024, was AED 110,000; the unit has been rented since October 2017.
How big is unit 1206?
1,501 sqft (139.4 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1206 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 1206, Safeer Tower 1
Starts from the last sale price (AED 1.6M, 23 May 2025). 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 →