411, Safeer Tower 1
Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 411, Safeer Tower 1
What is 411 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 462 sqft
- Floor
- 4th of 15
- Parking
- B2 - 031
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 9,000 /yr
- Last sold
- AED 510K · July 2023
- Building
- Safeer Tower 1
About 411, Safeer Tower 1
411 is a studio of 462 sqft on the 4th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 18 July 2023 for AED 510,000, or AED 1,103 per sqft, 6% above the AED 1,043 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 70,000 a year: a gross yield of 13.7% on the 2023 price, before the service charge of about AED 9,000 a year.
Sales and rents for 411 over time
411 has sold twice; 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 411 sits
All 86 studios →411 last sold in July 2023 at AED 1,103 per sqft, 6% above what studios in Safeer Tower 1 were fetching at the time (AED 1,043). 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. 411's AED 70,000 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 4th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 961 sqft | AED 1.39MAED 1,393,381 · Aug 2017August 2017 | 54,000 /yr | |
| 402 | Studio | 427 sqft | AED 699KAED 699,000 · Oct 2025October 2025 | 56,000 /yr | |
| 403 | Studio | 445 sqft | AED 695KAED 695,000 · Jun 2017June 2017 | 62,000 /yr | |
| 404 | Studio | 429 sqft | AED 716KAED 715,758 · Aug 2017August 2017 | 55,000 /yr | |
| 405 | 1-bed | 1,011 sqft | AED 800KAED 800,000 · Jan 2019January 2019 | 72,000 /yr | |
| 406 | Studio | 457 sqft | AED 785KAED 784,605 · Jun 2015June 2015 | 55,000 /yr | |
| 407 | Studio | 457 sqft | AED 762KAED 761,520 · Aug 2016August 2016 | 55,000 /yr | |
| 408 | Studio | 455 sqft | AED 600KAED 600,000 · Apr 2026April 2026 | 50,000 /yr | |
| 409 | Studio | 476 sqft | AED 795KAED 795,000 · Aug 2017August 2017 | ||
| 410 | Studio | 457 sqft | AED 765KAED 765,392 · Jun 2017June 2017 | 55,000 /yr | |
| 412 | Studio | 457 sqft | AED 761KAED 760,850 · Nov 2016November 2016 | 58,000 /yr | |
| 413 | 1-bed | 1,011 sqft | AED 762KAED 762,000 · Jun 2022June 2022 | 60,000 /yr | |
| 414 | Studio | 429 sqft | AED 701KAED 701,353 · Aug 2017August 2017 | 47,000 /yr | |
| 415 | Studio | 445 sqft | AED 720KAED 719,532 · Jun 2015June 2015 | 56,000 /yr | |
| 416 | Studio | 427 sqft | AED 630KAED 630,000 · Sep 2024September 2024 | 50,000 /yr | |
| 417 | 1-bed | 934 sqft | AED 1.35MAED 1,347,696 · Apr 2015April 2015 | 55,200 /yr |
411, Safeer Tower 1 in numbers
- Sold twice: first on 23 November 2016 for AED 625,000, last on 18 July 2023 for AED 510,000 (AED 1,103 per sqft).
- Rented since December 2020 on 4 Ejari contracts, from AED 26,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 13.7%, before a service charge of about AED 9,000 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 September 2026.
Questions about 411, Safeer Tower 1
What did unit 411 last sell for?
AED 510,000 on 18 July 2023: AED 1,103 per sqft for 462 sqft. The unit has 2 registered sales; the first was AED 625,000 in November 2016.
What is the rent for unit 411?
AED 70,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 70,000; the unit has been rented since December 2020.
How big is unit 411?
462 sqft (42.9 sqm): a studio on the 4th floor of a 15-storey tower completed in 2017.
What is unit 411 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 411, Safeer Tower 1
Starts from the last sale price (AED 510K, 18 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 510,000
- Deposit, UAE resident (20%)
- AED 102,000
- Deposit, non-resident (40%)
- AED 204,000
- Monthly over 25 years at 3.7%
- AED 2,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →