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

213, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 24 July 2025
Last soldAED 607K1 November 2020
Current rentAED 96K /yr24 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Safeer Tower 1

What is 213 worth today?

Last sold for AED 606,696 in 2020

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24 Jul 2025RentedNew contract
AED 96,000/yr12 months · AED 95 per sqft
24 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
1 Nov 2020Sold by developerReady
AED 606,696AED 599 per sqft
10 Sep 2020RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
1 Oct 2018RentedNew contract
AED 70,000/yr24 months · AED 69 per sqft

Source: Dubai Land Department. Updated 24 July 2025.

Key facts

Type
1-bed apartment
Size
1,011 sqft
Floor
2nd of 15
Parking
B2 - 025
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 19,700 /yr
Last sold
AED 607K · November 2020

About 213, Safeer Tower 1

213 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 1 November 2020 for AED 606,696, or AED 599 per sqft, in line with the AED 599 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 24 July 2025, is AED 96,000 a year: a gross yield of 15.8% on the 2020 price, before the service charge of about AED 19,700 a year.

Sales and rents for 213 over time

Sales
Unit 213, 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, November 2020: AED 606,696 (AED 599 per sqft)

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

Rents
Unit 213, each contractTypical one-bed in Safeer Tower 1
50K75K100K2017202020232026Typical 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 75,000New contract, October 2018: AED 70,000 a yearNew contract, September 2020: AED 42,000 a yearNew contract, July 2024: AED 90,000 a yearNew contract, July 2025: AED 96,000 a year

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 213 sits

All 54 1-beds →

213 last sold in November 2020 at AED 599 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 599). 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. 213's AED 96,000 is at the top of that range.

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
2051-bedAED 1.3M · Aug 2017
206StudioAED 650K · Jun 2024
207StudioAED 747K · Jun 2017
1–7 of 16

213, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 1 November 2020 for AED 606,696, or AED 599 per sqft.
  • Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2020 and recovered to AED 96,000 by July 2025.
  • At AED 96,000 a year the gross yield on the 2020 price is 15.8%, before a service charge of about AED 19,700 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 24 July 2025.

Questions about 213, Safeer Tower 1

What did unit 213 last sell for?

AED 606,696 on 1 November 2020, sold by the developer: AED 599 per sqft for 1,011 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 96,000 a year on the contract signed on 24 July 2025. The previous contract, from July 2024, was AED 90,000; the unit has been rented since October 2018.

How big is unit 213?

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 213 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 213, Safeer Tower 1

Starts from the last sale price (AED 607K, 1 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 606,696
Deposit, UAE resident (20%)
AED 121,339
Deposit, non-resident (40%)
AED 242,678
Monthly over 25 years at 3.7%
AED 2,482

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