Studio · 445 sqftSafeer Tower 1, Business Bay · 3rd floor · completed 2017

303, Safeer Tower 1

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 29 December 2025
Last soldAED 700K24 September 2025
Current rentAED 66K /yr29 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Safeer Tower 1

What is 303 worth today?

Last sold for AED 700,000 in 2025

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29 Dec 2025RentedNew contract
AED 66,000/yr12 months · AED 150 per sqft
24 Sep 2025SoldReady
AED 700,000AED 1,573 per sqft
1 Sep 2024RentedNew contract
AED 45,000/yr12 months · AED 101 per sqft
7 Aug 2023RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
1 Jul 2022RentedRenewal
AED 27,000/yr12 months · AED 61 per sqft
1 Jul 2021RentedNew contract
AED 27,000/yr12 months · AED 61 per sqft
8 May 2020RentedRenewal
AED 30,000/yr12 months · AED 68 per sqft
8 May 2019RentedRenewal
AED 36,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 29 December 2025.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
3rd of 15
Parking
B2 - 060
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,700 /yr
Last sold
AED 700K · September 2025

About 303, Safeer Tower 1

303 is a studio of 445 sqft on the 3rd floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 24 September 2025 for AED 700,000, or AED 1,573 per sqft, 4% above the AED 1,512 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 29 December 2025, is AED 66,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 8,700 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in Safeer Tower 1
400K600K800K20152018202120242027Typical sale price by year: 2015 AED 734,930; 2016 AED 761,185; 2017 AED 747,840; 2018 AED 550,000; 2020 AED 375,189; 2021 AED 430,000; 2022 AED 421,239; 2023 AED 510,000; 2024 AED 635,000; 2025 AED 660,000; 2026 AED 647,500Sold by developer, April 2015: AED 728,743 (AED 1,637 per sqft)Sold, September 2025: AED 700,000 (AED 1,573 per sqft)

303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 303, each contractTypical studio in Safeer Tower 1
20K40K60K2017202020232026Typical rent by year: 2017 AED 52,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 31,000; 2021 AED 30,000; 2022 AED 37,500; 2023 AED 45,000; 2024 AED 50,820; 2025 AED 55,000; 2026 AED 55,500New contract, July 2017: AED 50,000 a yearNew contract, May 2018: AED 43,000 a yearRenewal, May 2019: AED 36,000 a yearRenewal, May 2020: AED 30,000 a yearNew contract, July 2021: AED 27,000 a yearRenewal, July 2022: AED 27,000 a yearNew contract, August 2023: AED 45,000 a yearNew contract, September 2024: AED 45,000 a yearNew contract, December 2025: AED 66,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Safeer Tower 1, and where 303 sits

All 86 studios →

303 last sold in September 2025 at AED 1,573 per sqft, 4% above what studios in Safeer Tower 1 were fetching at the time (AED 1,512). Over the last 12 months studios sold for AED 600,000 to 740,000, around AED 1,438 per sqft, and rent for AED 44,000 to 84,000 a year. 303's AED 66,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jun 2026640,000
2 Apr 2026600,000
30 Mar 2026665,000
9 Jan 2026655,000
7 studio 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 3rd floor

All 170 units in Safeer Tower 1
Value
3011-bedAED 1.39M · May 2015
302StudioAED 665K · Jul 2024
304StudioAED 660K · Jul 2025
3051-bedAED 607K · Nov 2020
306StudioAED 400K · Mar 2021
307StudioAED 810K · Jun 2015
308StudioAED 430K · Feb 2023
1–7 of 16

303, Safeer Tower 1 in numbers

  • Sold twice: first on 12 April 2015 for AED 728,743, last on 24 September 2025 for AED 700,000 (AED 1,573 per sqft).
  • Rented since July 2017 on 9 Ejari contracts. The rent fell from AED 50,000 to AED 27,000 in 2022 and recovered to AED 66,000 by December 2025.
  • At AED 66,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 8,700 a year (AED 19.53 per sqft).
  • Studios in Safeer Tower 1 sold for AED 600,000–740,000 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 29 December 2025.

Questions about 303, Safeer Tower 1

What did unit 303 last sell for?

AED 700,000 on 24 September 2025: AED 1,573 per sqft for 445 sqft. The unit has 2 registered sales; the first was AED 728,743 in April 2015.

What is the rent for unit 303?

AED 66,000 a year on the contract signed on 29 December 2025. The previous contract, from September 2024, was AED 45,000; the unit has been rented since July 2017.

How big is unit 303?

445 sqft (41.3 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 1 sold for AED 600,000 to 740,000 in the last 12 months, around AED 1,438 per sqft.

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Mortgage on 303, Safeer Tower 1

Starts from the last sale price (AED 700K, 24 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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