1301, Safeer Tower 1
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Safeer Tower 1
What is 1301 worth today?
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Source: Dubai Land Department. Updated 19 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 13th of 15
- Parking
- B1 - 077
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 920K · December 2024
- Building
- Safeer Tower 1
About 1301, Safeer Tower 1
1301 is a one-bedroom apartment of 961 sqft on the 13th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 19 December 2024 for AED 920,000, or AED 957 per sqft, in line with the AED 978 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 66,792 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 18,800 a year.
Sales and rents for 1301 over time
1301 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 1301 sits
All 54 1-beds →1301 last sold in December 2024 at AED 957 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 978). 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. 1301's AED 66,792 is at the bottom 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 13th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 74,205 /yr | |
| 1303 | 2-bed | 1,501 sqft | AED 1.48MAED 1,480,000 · Jun 2025June 2025 | 96,800 /yr | |
| 1304 | 2-bed | 1,580 sqft | AED 1.65MAED 1,650,000 · Oct 2026October 2026 | 126,000 /yr | |
| 1305 | 2-bed | 1,583 sqft | AED 650KAED 650,000 · May 2023May 2023 | 110,000 /yr | |
| 1306 | 2-bed | 1,501 sqft | AED 1.5MAED 1,500,000 · Aug 2025August 2025 | 116,000 /yr | |
| 1307 | 1-bed | 852 sqft | AED 680KAED 680,000 · Jun 2022June 2022 | 78,000 /yr | |
| 1308 | 1-bed | 960 sqft | AED 935KAED 935,000 · Dec 2024December 2024 | 73,000 /yr |
1301, Safeer Tower 1 in numbers
- Sold twice: first on 13 April 2015 for AED 1,319,588, last on 19 December 2024 for AED 920,000 (AED 957 per sqft).
- Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 70,000 to AED 48,129 in 2021 and recovered to AED 66,792 by August 2024.
- At AED 66,792 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 18,800 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 19 December 2024.
Questions about 1301, Safeer Tower 1
What did unit 1301 last sell for?
AED 920,000 on 19 December 2024: AED 957 per sqft for 961 sqft. The unit has 2 registered sales; the first was AED 1,319,588 in April 2015.
What is the rent for unit 1301?
AED 66,792 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 60,720; the unit has been rented since March 2019.
How big is unit 1301?
961 sqft (89.3 sqm): a one-bedroom apartment on the 13th floor of a 15-storey tower completed in 2017.
What is unit 1301 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 1301, Safeer Tower 1
Starts from the last sale price (AED 920K, 19 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →