701, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Safeer Tower 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 26 August 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 961 sqft
- Floor
- 7th of 15
- Parking
- B2 - 071
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 18,800 /yr
- Last sold
- AED 1.39M · August 2017
- Building
- Safeer Tower 1
About 701, Safeer Tower 1
701 is a one-bedroom apartment of 961 sqft on the 7th 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 1,393,381, or AED 1,450 per sqft, in line with the AED 1,450 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 54 1-beds →701 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 1,450). 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.
| 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 7th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 427 sqft | AED 735KAED 734,930 · Mar 2015March 2015 | 58,909 /yr | |
| 703 | Studio | 445 sqft | AED 695KAED 695,000 · Jun 2017June 2017 | 53,000 /yr | |
| 704 | Studio | 429 sqft | AED 600KAED 600,000 · Oct 2024October 2024 | 67,000 /yr | |
| 705 | 1-bed | 1,011 sqft | AED 1.1MAED 1,100,000 · Sep 2023September 2023 | 105,000 /yr | |
| 706 | Studio | 457 sqft | AED 640KAED 640,000 · Jun 2026June 2026 | 27,950 /yr | |
| 707 | Studio | 462 sqft | AED 781KAED 780,557 · Aug 2017August 2017 | 53,000 /yr | |
| 708 | Studio | 455 sqft | AED 808KAED 807,953 · Aug 2017August 2017 | 50,400 /yr | |
| 709 | Studio | 476 sqft | AED 827KAED 827,459 · Aug 2017August 2017 | 50,000 /yr | |
| 710 | Studio | 457 sqft | AED 665KAED 665,000 · Mar 2026March 2026 | 55,000 /yr | |
| 711 | Studio | 462 sqft | AED 635KAED 635,000 · Nov 2024November 2024 | 65,000 /yr | |
| 712 | Studio | 457 sqft | AED 561KAED 560,500 · Aug 2023August 2023 | 60,000 /yr | |
| 713 | 1-bed | 1,011 sqft | AED 607KAED 606,696 · Nov 2020November 2020 | 93,000 /yr | |
| 714 | Studio | 429 sqft | AED 734KAED 733,620 · Feb 2017February 2017 | 33,000 /yr | |
| 715 | Studio | 445 sqft | AED 267KAED 266,988 · Nov 2020November 2020 | 84,000 /yr | |
| 716 | Studio | 427 sqft | AED 713KAED 712,524 · Aug 2017August 2017 | 50,000 /yr | |
| 717 | 1-bed | 961 sqft | AED 1.18MAED 1,178,000 · Jul 2024July 2024 | 82,000 /yr |
701, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 26 August 2017 for AED 1,393,381, or AED 1,450 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 26 August 2017.
Questions about 701, Safeer Tower 1
What did unit 701 last sell for?
AED 1,393,381 on 26 August 2017, sold by the developer: AED 1,450 per sqft for 961 sqft. It is the only registered sale of the unit.
How big is unit 701?
961 sqft (89.3 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2017.
What is unit 701 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.
Selling 701? Put it on the OpenOffers board
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Mortgage on 701, Safeer Tower 1
Starts from the last sale price (AED 1.39M, 26 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 →