617, Safeer Tower 1
Sold prices and rental history: sold twice, last in January 2025, 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 617, Safeer Tower 1
What is 617 worth today?
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Source: Dubai Land Department. Updated 22 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 6th of 15
- Parking
- B2 - 072
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 940K · January 2025
- Building
- Safeer Tower 1
About 617, Safeer Tower 1
617 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. It last sold on 22 January 2025 for AED 940,000, or AED 978 per sqft, in line with the AED 978 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 5 September 2024, is AED 84,000 a year: a gross yield of 8.9% on the 2025 price, before the service charge of about AED 18,800 a year.
Sales and rents for 617 over time
617 has sold twice; 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 617 sits
All 54 1-beds →617 last sold in January 2025 at AED 978 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 978). 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. 617's AED 84,000 is in the upper 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 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 | |
| 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, Safeer Tower 1 in numbers
- Sold twice: first on 13 June 2017 for AED 1,347,696, last on 22 January 2025 for AED 940,000 (AED 978 per sqft).
- Rented since October 2018 on 4 Ejari contracts. The rent fell from AED 64,826 to AED 42,000 in 2020 and recovered to AED 84,000 by September 2024.
- At AED 84,000 a year the gross yield on the 2025 price is 8.9%, 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 22 January 2025.
Questions about 617, Safeer Tower 1
What did unit 617 last sell for?
AED 940,000 on 22 January 2025: AED 978 per sqft for 961 sqft. The unit has 2 registered sales; the first was AED 1,347,696 in June 2017.
What is the rent for unit 617?
AED 84,000 a year on the contract signed on 5 September 2024. The previous contract, from August 2023, was AED 71,000; the unit has been rented since October 2018.
How big is unit 617?
961 sqft (89.3 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2017.
What is unit 617 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 617, Safeer Tower 1
Starts from the last sale price (AED 940K, 22 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →