1-bed · 961 sqftSafeer Tower 1, Business Bay · 6th floor · completed 2017

601, 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.

Unit 601 · DLD and Ejari recordsUpdated 17 November 2025
Last soldAED 1.39M10 August 2017
Current rentAED 80K /yr17 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Safeer Tower 1

What is 601 worth today?

Last sold for AED 1,393,381 in 2017

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17 Nov 2025RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
15 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 73 per sqft
1 Sep 2023RentedNew contract
AED 67,000/yr12 months · AED 70 per sqft
25 Mar 2022RentedRenewal
AED 51,750/yr12 months · AED 54 per sqft
25 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 47 per sqft
1 Feb 2020RentedNew contract
AED 52,000/yr12 months · AED 54 per sqft
7 Aug 2018RentedNew contract
AED 65,000/yr12 months · AED 68 per sqft
10 Aug 2017Sold by developerReady
AED 1,393,381AED 1,450 per sqft

Source: Dubai Land Department. Updated 17 November 2025.

Key facts

Type
1-bed apartment
Size
961 sqft
Floor
6th of 15
Parking
B2 - 075
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 18,800 /yr
Last sold
AED 1.39M · August 2017

About 601, Safeer Tower 1

601 is a one-bedroom apartment of 961 sqft on the 6th 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 10 August 2017 for AED 1,393,381, or AED 1,450 per sqft, in line with the AED 1,455 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 17 November 2025, is AED 80,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 18,800 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical one-bed in Safeer Tower 1
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,319,588; 2017 AED 1,347,230; 2018 AED 1,050,000; 2020 AED 606,696; 2022 AED 725,000; 2023 AED 930,000; 2024 AED 940,000; 2025 AED 981,500Sold by developer, August 2017: AED 1,393,381 (AED 1,450 per sqft)

601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 601, each contractTypical one-bed in Safeer Tower 1
40K60K80K2017202020232026Typical rent by year: 2017 AED 75,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,920; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 75,000New contract, April 2017: AED 75,000 a yearNew contract, August 2018: AED 65,000 a yearNew contract, February 2020: AED 52,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2022: AED 51,750 a yearNew contract, September 2023: AED 67,000 a yearNew contract, September 2024: AED 70,000 a yearNew contract, November 2025: AED 80,000 a year

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 601 sits

All 54 1-beds →

601 last sold in August 2017 at AED 1,450 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 1,455). 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. 601's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Jul 20261,050,000
9 Mar 20261,177,292
27 Nov 20251,080,000
16 May 2025963,000
3 1-bed 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 6th floor

All 170 units in Safeer Tower 1
Value
602StudioAED 720K · Jul 2025
603StudioAED 740K · Dec 2025
604StudioAED 738K · Apr 2015
6051-bedAED 1.08M · Nov 2025
606StudioAED 823K · Aug 2017
607StudioAED 825K · Aug 2017
608StudioAED 740K · May 2017
1–7 of 16

601, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 10 August 2017 for AED 1,393,381, or AED 1,450 per sqft.
  • Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 80,000 by November 2025.
  • At AED 80,000 a year the gross yield on the 2017 price is 5.7%, 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 17 November 2025.

Questions about 601, Safeer Tower 1

What did unit 601 last sell for?

AED 1,393,381 on 10 August 2017, sold by the developer: AED 1,450 per sqft for 961 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 80,000 a year on the contract signed on 17 November 2025. The previous contract, from September 2024, was AED 70,000; the unit has been rented since April 2017.

How big is unit 601?

961 sqft (89.3 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2017.

What is unit 601 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 601, Safeer Tower 1

Starts from the last sale price (AED 1.39M, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,393,381
Deposit, UAE resident (20%)
AED 278,676
Deposit, non-resident (40%)
AED 557,352
Monthly over 25 years at 3.7%
AED 5,701

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