316, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in February 2015, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 316, Safeer Tower 1
What is 316 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 1 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 3rd of 15
- Parking
- B2 - 040
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 677K · February 2015
- Building
- Safeer Tower 1
About 316, Safeer Tower 1
316 is a studio of 427 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 4 February 2015 for AED 676,972, or AED 1,586 per sqft.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 January 2026, is AED 64,000 a year: a gross yield of 9.4% on the 2015 price, before the service charge of about AED 8,300 a year.
Sales and rents for 316 over time
316 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 316 sits
All 86 studios →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. 316's AED 64,000 is in the upper 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 | |
| 309 | Studio | 476 sqft | AED 800KAED 800,000 · Jul 2017July 2017 | 55,000 /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 | |
| 317 | 1-bed | 961 sqft | AED 1.35MAED 1,347,696 · Jun 2017June 2017 | 68,619 /yr |
316, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 4 February 2015 for AED 676,972, or AED 1,586 per sqft.
- Rented since November 2020 on 2 Ejari contracts, from AED 25,000 to AED 64,000 a year.
- At AED 64,000 a year the gross yield on the 2015 price is 9.4%, before a service charge of about AED 8,300 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 1 January 2026.
Questions about 316, Safeer Tower 1
What did unit 316 last sell for?
AED 676,972 on 4 February 2015, sold by the developer: AED 1,586 per sqft for 427 sqft. It is the only registered sale of the unit.
What is the rent for unit 316?
AED 64,000 a year on the contract signed on 1 January 2026. The previous contract, from November 2020, was AED 25,000.
How big is unit 316?
427 sqft (39.7 sqm): a studio on the 3rd floor of a 15-storey tower completed in 2017.
What is unit 316 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 316? 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 316, Safeer Tower 1
Starts from the last sale price (AED 677K, 4 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 676,972
- Deposit, UAE resident (20%)
- AED 135,394
- Deposit, non-resident (40%)
- AED 270,789
- Monthly over 25 years at 3.7%
- AED 2,770
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →