1405, Safeer Tower 1
Sold prices and rental history: sold twice, last in October 2023, 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 1405, Safeer Tower 1
What is 1405 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,583 sqft
- Floor
- 14th of 15
- Parking
- B1 - 080 , P-035
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 30,900 /yr
- Last sold
- AED 1.2M · October 2023
- Building
- Safeer Tower 1
About 1405, Safeer Tower 1
1405 is a two-bedroom apartment of 1,583 sqft on the 14th 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 October 2023 for AED 1,200,000, or AED 758 per sqft, 5% below the AED 799 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 115,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 30,900 a year.
Sales and rents for 1405 over time
1405 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 1405 sits
All 28 2-beds →1405 last sold in October 2023 at AED 758 per sqft, 5% below what two-beds in Safeer Tower 1 were fetching at the time (AED 799). 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. 1405's AED 115,000 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 14th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 1-bed | 961 sqft | AED 900KAED 900,000 · Sep 2024September 2024 | 57,500 /yr | |
| 1402 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 72,000 /yr | |
| 1403 | 2-bed | 1,482 sqft | AED 1.94MAED 1,942,618 · Jun 2015June 2015 | ||
| 1404 | 2-bed | 1,580 sqft | AED 948KAED 948,276 · Nov 2020November 2020 | 168,000 /yr | |
| 1406 | 2-bed | 1,501 sqft | AED 1.24MAED 1,240,000 · Jun 2023June 2023 | 73,484 /yr | |
| 1407 | 1-bed | 852 sqft | AED 1.24MAED 1,240,502 · Aug 2017August 2017 | 75,000 /yr | |
| 1408 | 1-bed | 960 sqft | AED 1.35MAED 1,347,230 · Aug 2017August 2017 | 75,000 /yr |
1405, Safeer Tower 1 in numbers
- Sold twice: first on 2 February 2023 for AED 1,285,000, last on 16 October 2023 for AED 1,200,000 (AED 758 per sqft).
- Rented since July 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2023 and recovered to AED 115,000 by February 2026.
- At AED 115,000 a year the gross yield on the 2023 price is 9.6%, 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 1 February 2026.
Questions about 1405, Safeer Tower 1
What did unit 1405 last sell for?
AED 1,200,000 on 16 October 2023: AED 758 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 1,285,000 in February 2023.
What is the rent for unit 1405?
AED 115,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 115,000; the unit has been rented since July 2017.
How big is unit 1405?
1,583 sqft (147.1 sqm): a two-bedroom apartment on the 14th floor of a 15-storey tower completed in 2017.
What is unit 1405 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 1405, Safeer Tower 1
Starts from the last sale price (AED 1.2M, 16 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →