Studio · 476 sqftSafeer Tower 1, Business Bay · 6th floor · completed 2017

609, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 22 November 2025
Last soldAED 827K10 August 2017
Current rentAED 50K /yr22 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Safeer Tower 1

What is 609 worth today?

Last sold for AED 827,459 in 2017

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22 Nov 2025RentedRenewal
AED 50,000/yr12 months · AED 106 per sqft
22 Nov 2024RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
3 Apr 2023RentedNew contract
AED 52,000/yr12 months · AED 110 per sqft
3 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 74 per sqft
10 Aug 2017Sold by developerReady
AED 827,459AED 1,737 per sqft

Source: Dubai Land Department. Updated 22 November 2025.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
6th of 15
Parking
B1 - 049
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 9,300 /yr
Last sold
AED 827K · August 2017

About 609, Safeer Tower 1

609 is a studio of 476 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 827,459, or AED 1,737 per sqft, 4% above the AED 1,669 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 22 November 2025, is AED 50,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 9,300 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Safeer Tower 1
500K750K20152018202120242027Typical 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, August 2017: AED 827,459 (AED 1,737 per sqft)

609 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 609, 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, September 2021: AED 35,000 a yearNew contract, April 2023: AED 52,000 a yearNew contract, November 2024: AED 50,000 a yearRenewal, November 2025: AED 50,000 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 609 sits

All 86 studios →

609 last sold in August 2017 at AED 1,737 per sqft, 4% above what studios in Safeer Tower 1 were fetching at the time (AED 1,669). 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. 609's AED 50,000 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 6th floor

All 170 units in Safeer Tower 1
Value
6011-bedAED 1.39M · Aug 2017
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
1–7 of 16

609, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 10 August 2017 for AED 827,459, or AED 1,737 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 35,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 9,300 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 22 November 2025.

Questions about 609, Safeer Tower 1

What did unit 609 last sell for?

AED 827,459 on 10 August 2017, sold by the developer: AED 1,737 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 50,000 a year on the contract renewed on 22 November 2025. The previous contract, from November 2024, was AED 50,000; the unit has been rented since September 2021.

How big is unit 609?

476 sqft (44.2 sqm): a studio on the 6th floor of a 15-storey tower completed in 2017.

What is unit 609 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 609, Safeer Tower 1

Starts from the last sale price (AED 827K, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 827,459
Deposit, UAE resident (20%)
AED 165,492
Deposit, non-resident (40%)
AED 330,984
Monthly over 25 years at 3.7%
AED 3,385

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