607, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, Safeer Tower 1
What is 607 worth today?
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Source: Dubai Land Department. Updated 1 March 2026.
Key facts
- Type
- Studio apartment
- Size
- 462 sqft
- Floor
- 6th of 15
- Parking
- B1 - 001
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 9,000 /yr
- Last sold
- AED 825K · August 2017
- Building
- Safeer Tower 1
About 607, Safeer Tower 1
607 is a studio of 462 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 26 August 2017 for AED 825,040, or AED 1,786 per sqft, 7% above the AED 1,666 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 1 March 2026, is AED 78,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 9,000 a year.
Sales and rents for 607 over time
607 has sold once; 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 607 sits
All 86 studios →607 last sold in August 2017 at AED 1,786 per sqft, 7% above what studios in Safeer Tower 1 were fetching at the time (AED 1,666). 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. 607's AED 78,000 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 | |
| 602 | Studio | 427 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 65,000 /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 | |
| 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 |
607, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 825,040, or AED 1,786 per sqft.
- Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 78,000 by March 2026.
- At AED 78,000 a year the gross yield on the 2017 price is 9.4%, 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 March 2026.
Questions about 607, Safeer Tower 1
What did unit 607 last sell for?
AED 825,040 on 26 August 2017, sold by the developer: AED 1,786 per sqft for 462 sqft. It is the only registered sale of the unit.
What is the rent for unit 607?
AED 78,000 a year on the contract signed on 1 March 2026. The previous contract, from March 2025, was AED 66,000; the unit has been rented since June 2018.
How big is unit 607?
462 sqft (42.9 sqm): a studio on the 6th floor of a 15-storey tower completed in 2017.
What is unit 607 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 607, Safeer Tower 1
Starts from the last sale price (AED 825K, 26 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 825,040
- Deposit, UAE resident (20%)
- AED 165,008
- Deposit, non-resident (40%)
- AED 330,016
- Monthly over 25 years at 3.7%
- AED 3,375
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →