217, Safeer Tower 1
Sold prices and rental history: sold twice, last in May 2025, 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 217, Safeer Tower 1
What is 217 worth today?
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Source: Dubai Land Department. Updated 22 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 2nd of 15
- Parking
- B2 - 024
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 963K · May 2025
- Building
- Safeer Tower 1
About 217, Safeer Tower 1
217 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 16 May 2025 for AED 963,000, or AED 1,002 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 11 Ejari contracts. The current contract, signed on 22 September 2025, is AED 75,000 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 18,800 a year.
Sales and rents for 217 over time
217 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 217 sits
All 54 1-beds →217 last sold in May 2025 at AED 1,002 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. 217's AED 75,000 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 | ||
| 17 Feb 202517 February 2025 | 857 sqft | 1,000,000 | 1,166 |
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 | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 961 sqft | AED 900KAED 900,000 · May 2023May 2023 | 48,000 /yr | |
| 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, Safeer Tower 1 in numbers
- Sold twice: first on 26 August 2017 for AED 1,347,696, last on 16 May 2025 for AED 963,000 (AED 1,002 per sqft).
- Rented since August 2017 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 75,000 by September 2025.
- At AED 75,000 a year the gross yield on the 2025 price is 7.8%, 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 22 September 2025.
Questions about 217, Safeer Tower 1
What did unit 217 last sell for?
AED 963,000 on 16 May 2025: AED 1,002 per sqft for 961 sqft. The unit has 2 registered sales; the first was AED 1,347,696 in August 2017.
What is the rent for unit 217?
AED 75,000 a year on the contract signed on 22 September 2025. The previous contract, from June 2025, was AED 100,000; the unit has been rented since August 2017.
How big is unit 217?
961 sqft (89.3 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 217 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 217, Safeer Tower 1
Starts from the last sale price (AED 963K, 16 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 963,000
- Deposit, UAE resident (20%)
- AED 192,600
- Deposit, non-resident (40%)
- AED 385,200
- Monthly over 25 years at 3.7%
- AED 3,940
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →