2-bed · 1,583 sqftSafeer Tower 1, Business Bay · 13th floor · completed 2017

1305, Safeer Tower 1

Sold prices and rental history: sold twice, last in May 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1305 · DLD and Ejari recordsUpdated 25 November 2026
Last soldAED 650K8 May 2023
Current rentAED 110K /yr25 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1305, Safeer Tower 1

What is 1305 worth today?

Last sold for AED 650,000 in 2023

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25 Nov 2026RentedRenewal
AED 110,000/yr12 months · AED 70 per sqft
25 Nov 2025RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
7 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 73 per sqft
8 May 2023SoldReady · flagged as an outlier
AED 650,000AED 410 per sqft
26 Aug 2017Sold by developerReady
AED 2,171,741AED 1,372 per sqft

Source: Dubai Land Department. Updated 25 November 2026.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
13th of 15
Parking
B1 - 063
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 30,900 /yr
Last sold
AED 650K · May 2023

About 1305, Safeer Tower 1

1305 is a two-bedroom apartment of 1,583 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 8 May 2023 for AED 650,000, or AED 410 per sqft, 47% below the AED 768 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 25 November 2026, is AED 110,000 a year: a gross yield of 16.9% on the 2023 price, before the service charge of about AED 30,900 a year.

Sales and rents for 1305 over time

Sales
Unit 1305, each saleTypical two-bed in Safeer Tower 1
1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,061,134; 2017 AED 2,061,134; 2023 AED 1,220,000; 2024 AED 1,500,000; 2025 AED 1,500,000Sold by developer, August 2017: AED 2,171,741 (AED 1,372 per sqft)

1305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1305, each contractTypical two-bed in Safeer Tower 1
75K100K2017202020232026Typical rent by year: 2017 AED 105,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 67,000; 2022 AED 75,000; 2023 AED 89,250; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, September 2024: AED 115,000 a yearNew contract, November 2025: AED 110,000 a yearRenewal, November 2026: AED 110,000 a year

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 1305 sits

All 28 2-beds →

1305 last sold in May 2023 at AED 410 per sqft, 47% below what two-beds in Safeer Tower 1 were fetching at the time (AED 768). 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. 1305's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,650,000
25 Feb 20261,600,000
11 Aug 20251,500,000
11 Jul 20251,460,000
2 2-bed sales in the last 12 months

Safeer Tower 1

Building

170 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%
Safeer Tower 1, Business Bay: prices, sales and rents →

Other units on the 13th floor

All 170 units in Safeer Tower 1
Value
13011-bedAED 920K · Dec 2024
13021-bedAED 1.28M · Aug 2017
13032-bedAED 1.48M · Jun 2025
13042-bedAED 1.65M · Oct 2026
13062-bedAED 1.5M · Aug 2025
13071-bedAED 680K · Jun 2022
13081-bedAED 935K · Dec 2024

1305, Safeer Tower 1 in numbers

  • Sold twice: first on 26 August 2017 for AED 2,171,741, last on 8 May 2023 for AED 650,000 (AED 410 per sqft).
  • Rented since September 2024 on 3 Ejari contracts, from AED 115,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2023 price is 16.9%, 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 November 2026.

Questions about 1305, Safeer Tower 1

What did unit 1305 last sell for?

AED 650,000 on 8 May 2023: AED 410 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 2,171,741 in August 2017.

What is the rent for unit 1305?

AED 110,000 a year on the contract renewed on 25 November 2026. The previous contract, from November 2025, was AED 110,000; the unit has been rented since September 2024.

How big is unit 1305?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 13th floor of a 15-storey tower completed in 2017.

What is unit 1305 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 1305, Safeer Tower 1

Starts from the last sale price (AED 650K, 8 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →