1-bed · 1,011 sqftSafeer Tower 1, Business Bay · 2nd floor · completed 2017

205, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 14 August 2017
Last soldAED 1.3M14 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Safeer Tower 1

What is 205 worth today?

Last sold for AED 1,300,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Aug 2017Sold by developerReady
AED 1,300,000AED 1,285 per sqft

Source: Dubai Land Department. Updated 14 August 2017.

Key facts

Type
1-bed apartment
Size
1,011 sqft
Floor
2nd of 15
Parking
B2 - 026
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 19,800 /yr
Last sold
AED 1.3M · August 2017

About 205, Safeer Tower 1

205 is a one-bedroom apartment of 1,011 sqft on the 2nd floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. The developer sold it on 14 August 2017 for AED 1,300,000, or AED 1,285 per sqft, 12% below the AED 1,453 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical one-bed in Safeer Tower 1
500K1M2015201820212024Typical sale price by year: 2015 AED 1,319,588; 2017 AED 1,347,230; 2018 AED 1,050,000; 2020 AED 606,696; 2022 AED 725,000; 2023 AED 930,000; 2024 AED 940,000; 2025 AED 981,500Sold by developer, August 2017: AED 1,300,000 (AED 1,285 per sqft)

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

Rents
Unit 205, each contractTypical one-bed in Safeer Tower 1
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,920; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 75,000

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 205 sits

All 54 1-beds →

205 last sold in August 2017 at AED 1,285 per sqft, 12% below what one-beds in Safeer Tower 1 were fetching at the time (AED 1,453). 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.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20261,050,000
9 Mar 20261,177,292
27 Nov 20251,080,000
16 May 2025963,000
3 1-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 2nd floor

All 170 units in Safeer Tower 1
Value
2011-bedAED 900K · May 2023
202StudioAED 558K · Jan 2024
203StudioAED 655K · Jan 2026
204StudioAED 570K · Dec 2023
206StudioAED 650K · Jun 2024
207StudioAED 747K · Jun 2017
208StudioAED 808K · Aug 2017
1–7 of 16

205, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 14 August 2017 for AED 1,300,000, or AED 1,285 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 14 August 2017.

Questions about 205, Safeer Tower 1

What did unit 205 last sell for?

AED 1,300,000 on 14 August 2017, sold by the developer: AED 1,285 per sqft for 1,011 sqft. It is the only registered sale of the unit.

How big is unit 205?

1,011 sqft (93.9 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.

What is unit 205 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.

Selling 205? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 205, Safeer Tower 1

Starts from the last sale price (AED 1.3M, 14 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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