1303, Safeer Tower 1
Sold prices and rental history: sold twice, last in June 2025, 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 1303, Safeer Tower 1
What is 1303 worth today?
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Source: Dubai Land Department. Updated 16 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,501 sqft
- Floor
- 13th of 15
- Parking
- B1 - 065
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 29,300 /yr
- Last sold
- AED 1.48M · June 2025
- Building
- Safeer Tower 1
About 1303, Safeer Tower 1
1303 is a two-bedroom apartment of 1,501 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 16 June 2025 for AED 1,480,000, or AED 986 per sqft, 6% below the AED 1,049 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 8 August 2024, is AED 96,800 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 29,300 a year.
Sales and rents for 1303 over time
1303 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 1303 sits
All 28 2-beds →1303 last sold in June 2025 at AED 986 per sqft, 6% below what two-beds in Safeer Tower 1 were fetching at the time (AED 1,049). 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. 1303's AED 96,800 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 13th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1301 | 1-bed | 961 sqft | AED 920KAED 920,000 · Dec 2024December 2024 | 66,792 /yr | |
| 1302 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 74,205 /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 |
1303, Safeer Tower 1 in numbers
- Sold twice: first on 10 August 2017 for AED 1,992,429, last on 16 June 2025 for AED 1,480,000 (AED 986 per sqft).
- Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 74,000 in 2021 and recovered to AED 96,800 by August 2024.
- At AED 96,800 a year the gross yield on the 2025 price is 6.5%, 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 16 June 2025.
Questions about 1303, Safeer Tower 1
What did unit 1303 last sell for?
AED 1,480,000 on 16 June 2025: AED 986 per sqft for 1,501 sqft. The unit has 2 registered sales; the first was AED 1,992,429 in August 2017.
What is the rent for unit 1303?
AED 96,800 a year on the contract signed on 8 August 2024. The previous contract, from August 2022, was AED 80,000; the unit has been rented since August 2017.
How big is unit 1303?
1,501 sqft (139.4 sqm): a two-bedroom apartment on the 13th floor of a 15-storey tower completed in 2017.
What is unit 1303 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 1303, Safeer Tower 1
Starts from the last sale price (AED 1.48M, 16 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,480,000
- Deposit, UAE resident (20%)
- AED 296,000
- Deposit, non-resident (40%)
- AED 592,000
- Monthly over 25 years at 3.7%
- AED 6,055
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →