309, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in July 2017, 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 309, Safeer Tower 1
What is 309 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 3rd of 15
- Parking
- B2 - 046
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 9,300 /yr
- Last sold
- AED 800K · July 2017
- Building
- Safeer Tower 1
About 309, Safeer Tower 1
309 is a studio of 476 sqft on the 3rd 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 6 July 2017 for AED 800,000, or AED 1,679 per sqft, in line with the AED 1,663 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 28 May 2025, is AED 55,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 9,300 a year.
Sales and rents for 309 over time
309 has sold once; the dashed line is the studio median of each year in the building.
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 309 sits
All 86 studios →309 last sold in July 2017 at AED 1,679 per sqft, in line with what studios in Safeer Tower 1 were fetching at the time (AED 1,663). 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. 309's AED 55,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202623 June 2026 | 457 sqft | 640,000 | 1,399 | ||
| 2 Apr 20262 April 2026 | 455 sqft | 600,000 | 1,319 | ||
| 30 Mar 202630 March 2026 | 457 sqft | 665,000 | 1,454 | ||
| 9 Jan 20269 January 2026 | 445 sqft | 655,000 | 1,471 |
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 3rd floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 934 sqft | AED 1.39MAED 1,393,381 · May 2015May 2015 | 70,000 /yr | |
| 302 | Studio | 427 sqft | AED 665KAED 665,000 · Jul 2024July 2024 | 59,500 /yr | |
| 303 | Studio | 445 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 66,000 /yr | |
| 304 | Studio | 429 sqft | AED 660KAED 660,000 · Jul 2025July 2025 | 57,600 /yr | |
| 305 | 1-bed | 1,011 sqft | AED 607KAED 606,762 · Nov 2020November 2020 | 110,400 /yr | |
| 306 | Studio | 457 sqft | AED 400KAED 400,000 · Mar 2021March 2021 | 46,000 /yr | |
| 307 | Studio | 457 sqft | AED 810KAED 809,670 · Jun 2015June 2015 | 50,000 /yr | |
| 308 | Studio | 455 sqft | AED 430KAED 430,000 · Feb 2023February 2023 | 70,072 /yr | |
| 310 | Studio | 457 sqft | AED 771KAED 771,115 · Apr 2015April 2015 | 46,659 /yr | |
| 311 | Studio | 462 sqft | AED 771KAED 771,115 · Apr 2015April 2015 | 35,000 /yr | |
| 312 | Studio | 457 sqft | AED 750KAED 750,000 · Mar 2025March 2025 | 67,000 /yr | |
| 313 | 1-bed | 1,011 sqft | AED 1.2MAED 1,200,000 · May 2018May 2018 | ||
| 314 | Studio | 429 sqft | AED 688KAED 687,994 · Aug 2017August 2017 | 56,000 /yr | |
| 315 | Studio | 445 sqft | AED 600KAED 600,000 · May 2024May 2024 | 50,000 /yr | |
| 316 | Studio | 427 sqft | AED 677KAED 676,972 · Feb 2015February 2015 | 64,000 /yr | |
| 317 | 1-bed | 961 sqft | AED 1.35MAED 1,347,696 · Jun 2017June 2017 | 68,619 /yr |
309, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 6 July 2017 for AED 800,000, or AED 1,679 per sqft.
- Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 60,000 to AED 32,000 in 2021 and recovered to AED 55,000 by May 2025.
- At AED 55,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 9,300 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 28 May 2025.
Questions about 309, Safeer Tower 1
What did unit 309 last sell for?
AED 800,000 on 6 July 2017, sold by the developer: AED 1,679 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 55,000 a year on the contract signed on 28 May 2025. The previous contract, from April 2023, was AED 50,000; the unit has been rented since October 2017.
How big is unit 309?
476 sqft (44.2 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.
What is unit 309 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.
Selling 309? 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.
Mortgage on 309, Safeer Tower 1
Starts from the last sale price (AED 800K, 6 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →