317, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in June 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 317, Safeer Tower 1
What is 317 worth today?
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Source: Dubai Land Department. Updated 30 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 3rd of 15
- Parking
- B2 - 057
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.35M · June 2017
- Building
- Safeer Tower 1
About 317, Safeer Tower 1
317 is a one-bedroom apartment of 961 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 June 2017 for AED 1,347,696, or AED 1,403 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 30 November 2024, is AED 68,619 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 18,800 a year.
Sales and rents for 317 over time
317 has sold once; 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 317 sits
All 54 1-beds →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. 317's AED 68,619 is at the bottom 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 | ||
| 16 May 202516 May 2025 | 961 sqft | 963,000 | 1,002 |
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 | |
| 316 | Studio | 427 sqft | AED 677KAED 676,972 · Feb 2015February 2015 | 64,000 /yr |
317, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 6 June 2017 for AED 1,347,696, or AED 1,403 per sqft.
- Rented since July 2018 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2021 and recovered to AED 68,619 by November 2024.
- At AED 68,619 a year the gross yield on the 2017 price is 5.1%, 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 30 November 2024.
Questions about 317, Safeer Tower 1
What did unit 317 last sell for?
AED 1,347,696 on 6 June 2017, sold by the developer: AED 1,403 per sqft for 961 sqft. It is the only registered sale of the unit.
What is the rent for unit 317?
AED 68,619 a year on the contract signed on 30 November 2024. The previous contract, from December 2022, was AED 60,000; the unit has been rented since July 2018.
How big is unit 317?
961 sqft (89.3 sqm): a one-bedroom apartment on the 3rd floor of a 15-storey tower completed in 2017.
What is unit 317 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 317, Safeer Tower 1
Starts from the last sale price (AED 1.35M, 6 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,347,696
- Deposit, UAE resident (20%)
- AED 269,539
- Deposit, non-resident (40%)
- AED 539,078
- Monthly over 25 years at 3.7%
- AED 5,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →