201, Safeer Tower 1
Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 201, Safeer Tower 1
What is 201 worth today?
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Source: Dubai Land Department. Updated 29 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 2nd of 15
- Parking
- B2 - 027
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 900K · May 2023
- Building
- Safeer Tower 1
About 201, Safeer Tower 1
201 is a one-bedroom apartment of 961 sqft on the 2nd floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 29 May 2023 for AED 900,000, or AED 936 per sqft, 24% above the AED 753 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 June 2020, is AED 48,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 18,800 a year.
Sales and rents for 201 over time
201 has sold 3 times; 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 201 sits
All 54 1-beds →201 last sold in May 2023 at AED 936 per sqft, 24% above what one-beds in Safeer Tower 1 were fetching at the time (AED 753). 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. 201's AED 48,000 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 2nd floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | Studio | 332 sqft | AED 558KAED 558,000 · Jan 2024January 2024 | 47,871 /yr | |
| 203 | Studio | 445 sqft | AED 655KAED 655,000 · Jan 2026January 2026 | 50,000 /yr | |
| 204 | Studio | 429 sqft | AED 570KAED 570,000 · Dec 2023December 2023 | 45,000 /yr | |
| 205 | 1-bed | 1,011 sqft | AED 1.3MAED 1,300,000 · Aug 2017August 2017 | ||
| 206 | Studio | 457 sqft | AED 650KAED 650,000 · Jun 2024June 2024 | 30,000 /yr | |
| 207 | Studio | 462 sqft | AED 747KAED 747,233 · Jun 2017June 2017 | 65,000 /yr | |
| 208 | Studio | 455 sqft | AED 808KAED 807,570 · Aug 2017August 2017 | 45,000 /yr | |
| 209 | Studio | 476 sqft | AED 660KAED 660,000 · May 2025May 2025 | 55,000 /yr | |
| 210 | Studio | 457 sqft | AED 750KAED 749,670 · Aug 2017August 2017 | 44,000 /yr | |
| 211 | Studio | 462 sqft | AED 748KAED 747,840 · Jun 2017June 2017 | 50,000 /yr | |
| 212 | Studio | 457 sqft | AED 680KAED 680,000 · Dec 2024December 2024 | 65,000 /yr | |
| 213 | 1-bed | 1,011 sqft | AED 607KAED 606,696 · Nov 2020November 2020 | 96,000 /yr | |
| 214 | Studio | 429 sqft | AED 760KAED 760,414 · Aug 2016August 2016 | 47,000 /yr | |
| 215 | Studio | 445 sqft | AED 425KAED 425,000 · Jan 2020January 2020 | 60,000 /yr | |
| 216 | Studio | 427 sqft | AED 430KAED 430,000 · Sep 2021September 2021 | 72,000 /yr | |
| 217 | 1-bed | 961 sqft | AED 963KAED 963,000 · May 2025May 2025 | 75,000 /yr |
201, Safeer Tower 1 in numbers
- Sold 3 times: first on 26 August 2017 for AED 1,393,381, last on 29 May 2023 for AED 900,000 (AED 936 per sqft).
- Rented since May 2018 on 2 Ejari contracts, from AED 55,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2023 price is 5.3%, 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 29 May 2023.
Questions about 201, Safeer Tower 1
What did unit 201 last sell for?
AED 900,000 on 29 May 2023: AED 936 per sqft for 961 sqft. The unit has 3 registered sales; the first was AED 1,393,381 in August 2017.
What is the rent for unit 201?
AED 48,000 a year on the contract signed on 1 June 2020. The previous contract, from May 2018, was AED 55,000.
How big is unit 201?
961 sqft (89.3 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 201 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 201, Safeer Tower 1
Starts from the last sale price (AED 900K, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →