1308, Safeer Tower 1
Sold prices and rental history: sold twice, last in December 2024, 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 1308, Safeer Tower 1
What is 1308 worth today?
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Source: Dubai Land Department. Updated 18 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 960 sqft
- Floor
- 13th of 15
- Parking
- B1 - 074
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,700 /yr
- Last sold
- AED 935K · December 2024
- Building
- Safeer Tower 1
About 1308, Safeer Tower 1
1308 is a one-bedroom apartment of 960 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 18 December 2024 for AED 935,000, or AED 973 per sqft, in line with the AED 978 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 26 December 2023, is AED 73,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 18,700 a year.
Sales and rents for 1308 over time
1308 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 1308 sits
All 54 1-beds →1308 last sold in December 2024 at AED 973 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. 1308's AED 73,000 is in the lower half 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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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, Safeer Tower 1 in numbers
- Sold twice: first on 13 April 2015 for AED 1,276,324, last on 18 December 2024 for AED 935,000 (AED 973 per sqft).
- Rented since November 2017 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 47,000 in 2021 and recovered to AED 73,000 by December 2023.
- At AED 73,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 18,700 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 18 December 2024.
Questions about 1308, Safeer Tower 1
What did unit 1308 last sell for?
AED 935,000 on 18 December 2024: AED 973 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 1,276,324 in April 2015.
What is the rent for unit 1308?
AED 73,000 a year on the contract signed on 26 December 2023. The previous contract, from November 2022, was AED 52,000; the unit has been rented since November 2017.
How big is unit 1308?
960 sqft (89.2 sqm): a one-bedroom apartment on the 13th floor of a 15-storey tower completed in 2017.
What is unit 1308 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 1308, Safeer Tower 1
Starts from the last sale price (AED 935K, 18 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 935,000
- Deposit, UAE resident (20%)
- AED 187,000
- Deposit, non-resident (40%)
- AED 374,000
- Monthly over 25 years at 3.7%
- AED 3,825
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →