602, Safeer Tower 1
Sold prices and rental history: sold 3 times, last in July 2025, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Safeer Tower 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 7 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 427 sqft
- Floor
- 6th of 15
- Parking
- B1 - 005
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,300 /yr
- Last sold
- AED 720K · July 2025
- Building
- Safeer Tower 1
About 602, Safeer Tower 1
602 is a studio of 427 sqft on the 6th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 23 July 2025 for AED 720,000, or AED 1,687 per sqft, 14% above the AED 1,476 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 7 December 2025, is AED 65,000 a year: a gross yield of 9.0% on the 2025 price, before the service charge of about AED 8,300 a year.
Sales and rents for 602 over time
602 has sold 3 times; 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 602 sits
All 86 studios →602 last sold in July 2025 at AED 1,687 per sqft, 14% above what studios in Safeer Tower 1 were fetching at the time (AED 1,476). 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. 602's AED 65,000 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 6th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 961 sqft | AED 1.39MAED 1,393,381 · Aug 2017August 2017 | 80,000 /yr | |
| 603 | Studio | 445 sqft | AED 740KAED 740,000 · Dec 2025December 2025 | 54,000 /yr | |
| 604 | Studio | 429 sqft | AED 738KAED 738,266 · Apr 2015April 2015 | ||
| 605 | 1-bed | 1,011 sqft | AED 1.08MAED 1,080,000 · Nov 2025November 2025 | 46,000 /yr | |
| 606 | Studio | 457 sqft | AED 823KAED 823,483 · Aug 2017August 2017 | 58,000 /yr | |
| 607 | Studio | 462 sqft | AED 825KAED 825,040 · Aug 2017August 2017 | 78,000 /yr | |
| 608 | Studio | 455 sqft | AED 740KAED 740,000 · May 2017May 2017 | 55,000 /yr | |
| 609 | Studio | 476 sqft | AED 827KAED 827,459 · Aug 2017August 2017 | 50,000 /yr | |
| 610 | Studio | 457 sqft | AED 791KAED 790,557 · Aug 2017August 2017 | 60,000 /yr | |
| 611 | Studio | 462 sqft | AED 791KAED 790,557 · Aug 2017August 2017 | 55,000 /yr | |
| 612 | Studio | 457 sqft | AED 402KAED 402,477 · Mar 2022March 2022 | 84,000 /yr | |
| 613 | 1-bed | 1,011 sqft | AED 607KAED 606,696 · Nov 2020November 2020 | 87,000 /yr | |
| 614 | Studio | 429 sqft | AED 525KAED 525,444 · Jul 2018July 2018 | 45,000 /yr | |
| 615 | Studio | 445 sqft | AED 396KAED 395,502 · Mar 2022March 2022 | 72,000 /yr | |
| 616 | Studio | 427 sqft | AED 713KAED 712,524 · Mar 2015March 2015 | 30,000 /yr | |
| 617 | 1-bed | 961 sqft | AED 940KAED 940,000 · Jan 2025January 2025 | 84,000 /yr |
602, Safeer Tower 1 in numbers
- Sold 3 times: first on 30 June 2015 for AED 734,930, last on 23 July 2025 for AED 720,000 (AED 1,687 per sqft).
- Rented since December 2024 on 3 Ejari contracts, from AED 67,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2025 price is 9.0%, before a service charge of about AED 8,300 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 7 December 2025.
Questions about 602, Safeer Tower 1
What did unit 602 last sell for?
AED 720,000 on 23 July 2025: AED 1,687 per sqft for 427 sqft. The unit has 3 registered sales; the first was AED 734,930 in June 2015.
What is the rent for unit 602?
AED 65,000 a year on the contract renewed on 7 December 2025. The previous contract, from August 2025, was AED 67,000; the unit has been rented since December 2024.
How big is unit 602?
427 sqft (39.7 sqm): a studio on the 6th floor of a 15-storey tower completed in 2017.
What is unit 602 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 602, Safeer Tower 1
Starts from the last sale price (AED 720K, 23 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 720,000
- Deposit, UAE resident (20%)
- AED 144,000
- Deposit, non-resident (40%)
- AED 288,000
- Monthly over 25 years at 3.7%
- AED 2,946
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →