517, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 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 517, Safeer Tower 1
What is 517 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 11 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 5th of 15
- Parking
- B2 - 076
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.35M · August 2017
- Building
- Safeer Tower 1
About 517, Safeer Tower 1
517 is a one-bedroom apartment of 961 sqft on the 5th 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 26 August 2017 for AED 1,347,696, or AED 1,403 per sqft, 3% below the AED 1,450 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 11 February 2026, is AED 80,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 18,800 a year.
Sales and rents for 517 over time
517 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 517 sits
All 54 1-beds →517 last sold in August 2017 at AED 1,403 per sqft, 3% below what one-beds in Safeer Tower 1 were fetching at the time (AED 1,450). 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. 517's AED 80,000 is in the lower half 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 5th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 961 sqft | AED 1.04MAED 1,035,000 · Nov 2024November 2024 | 78,000 /yr | |
| 502 | Studio | 427 sqft | AED 665KAED 665,000 · May 2024May 2024 | 50,000 /yr | |
| 503 | Studio | 445 sqft | AED 640KAED 640,000 · Dec 2025December 2025 | 60,000 /yr | |
| 504 | Studio | 429 sqft | AED 660KAED 660,000 · Sep 2025September 2025 | 60,000 /yr | |
| 505 | 1-bed | 1,011 sqft | AED 607KAED 606,762 · Nov 2020November 2020 | 126,000 /yr | |
| 506 | Studio | 457 sqft | AED 650KAED 650,000 · Jun 2024June 2024 | 46,000 /yr | |
| 507 | Studio | 462 sqft | AED 510KAED 510,000 · Jul 2023July 2023 | 66,000 /yr | |
| 508 | Studio | 455 sqft | AED 765KAED 765,000 · Aug 2016August 2016 | 58,000 /yr | |
| 509 | Studio | 476 sqft | AED 791KAED 791,010 · Jun 2017June 2017 | 48,000 /yr | |
| 510 | Studio | 457 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 63,000 /yr | |
| 511 | Studio | 462 sqft | AED 655KAED 655,000 · Nov 2025November 2025 | 62,400 /yr | |
| 512 | Studio | 457 sqft | AED 765KAED 765,000 · Aug 2017August 2017 | 44,879 /yr | |
| 513 | 1-bed | 1,011 sqft | AED 720KAED 720,000 · May 2023May 2023 | 44,000 /yr | |
| 514 | Studio | 429 sqft | AED 799KAED 798,813 · Jun 2017June 2017 | 49,500 /yr | |
| 515 | Studio | 445 sqft | AED 441KAED 440,600 · Aug 2023August 2023 | 33,000 /yr | |
| 516 | Studio | 427 sqft | AED 495KAED 495,300 · Nov 2019November 2019 | 48,000 /yr |
517, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 1,347,696, or AED 1,403 per sqft.
- Rented since April 2017 on 11 Ejari contracts. The rent fell from AED 79,000 to AED 5,994 in 2018 and recovered to AED 80,000 by February 2026.
- At AED 80,000 a year the gross yield on the 2017 price is 5.9%, 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 11 February 2026.
Questions about 517, Safeer Tower 1
What did unit 517 last sell for?
AED 1,347,696 on 26 August 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 517?
AED 80,000 a year on the contract signed on 11 February 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since April 2017.
How big is unit 517?
961 sqft (89.3 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2017.
What is unit 517 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.
Selling 517? 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 517, Safeer Tower 1
Starts from the last sale price (AED 1.35M, 26 August 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 →