Studio · 457 sqftSafeer Tower 1, Business Bay · 5th floor · completed 2017

510, Safeer Tower 1

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

Unit 510 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 650K9 October 2025
Current rentAED 63K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Safeer Tower 1

What is 510 worth today?

Last sold for AED 650,000 in 2025

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1 Feb 2026RentedRenewal
AED 63,000/yr12 months · AED 138 per sqft
27 Oct 2025RentedNew contract
AED 63,000/yr3 months · AED 138 per sqft
9 Oct 2025SoldReady
AED 650,000AED 1,421 per sqft
6 Jun 2017Sold by developerReady
AED 740,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
457 sqft
Floor
5th of 15
Parking
B1 - 011
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 8,900 /yr
Last sold
AED 650K · October 2025

About 510, Safeer Tower 1

510 is a studio of 457 sqft on the 5th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 9 October 2025 for AED 650,000, or AED 1,421 per sqft, 8% below the AED 1,537 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 63,000 a year: a gross yield of 9.7% on the 2025 price, before the service charge of about AED 8,900 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, June 2017: AED 740,000 (AED 1,618 per sqft)Sold, October 2025: AED 650,000 (AED 1,421 per sqft)

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

Rents
Unit 510, each contractTypical studio in Safeer Tower 1
40K60K2017202020232026Typical 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, October 2025: AED 63,000 a yearRenewal, February 2026: AED 63,000 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 510 sits

All 86 studios →

510 last sold in October 2025 at AED 1,421 per sqft, 8% below what studios in Safeer Tower 1 were fetching at the time (AED 1,537). 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. 510's AED 63,000 is in the lower 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 5th floor

All 170 units in Safeer Tower 1
Value
5011-bedAED 1.04M · Nov 2024
502StudioAED 665K · May 2024
503StudioAED 640K · Dec 2025
504StudioAED 660K · Sep 2025
5051-bedAED 607K · Nov 2020
506StudioAED 650K · Jun 2024
507StudioAED 510K · Jul 2023
1–7 of 16

510, Safeer Tower 1 in numbers

  • Sold twice: first on 6 June 2017 for AED 740,000, last on 9 October 2025 for AED 650,000 (AED 1,421 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, at AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2025 price is 9.7%, before a service charge of about AED 8,900 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 February 2026.

Questions about 510, Safeer Tower 1

What did unit 510 last sell for?

AED 650,000 on 9 October 2025: AED 1,421 per sqft for 457 sqft. The unit has 2 registered sales; the first was AED 740,000 in June 2017.

What is the rent for unit 510?

AED 63,000 a year on the contract renewed on 1 February 2026. The previous contract, from October 2025, was AED 63,000.

How big is unit 510?

457 sqft (42.5 sqm): a studio on the 5th floor of a 15-storey tower completed in 2017.

What is unit 510 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 510, Safeer Tower 1

Starts from the last sale price (AED 650K, 9 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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