713, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in November 2020, 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 713, Safeer Tower 1
What is 713 worth today?
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Source: Dubai Land Department. Updated 30 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,011 sqft
- Floor
- 7th of 15
- Parking
- B2 - 069
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 19,700 /yr
- Last sold
- AED 607K · November 2020
- Building
- Safeer Tower 1
About 713, Safeer Tower 1
713 is a one-bedroom apartment of 1,011 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 1 November 2020 for AED 606,696, or AED 599 per sqft, in line with the AED 599 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 30 June 2024, is AED 93,000 a year: a gross yield of 15.3% on the 2020 price, before the service charge of about AED 19,700 a year.
Sales and rents for 713 over time
713 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 713 sits
All 54 1-beds →713 last sold in November 2020 at AED 599 per sqft, in line with what one-beds in Safeer Tower 1 were fetching at the time (AED 599). 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. 713's AED 93,000 is at the top 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 7th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 961 sqft | AED 1.39MAED 1,393,381 · Aug 2017August 2017 | ||
| 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 | |
| 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 |
713, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 1 November 2020 for AED 606,696, or AED 599 per sqft.
- Rented since October 2018 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 93,000 by June 2024.
- At AED 93,000 a year the gross yield on the 2020 price is 15.3%, before a service charge of about AED 19,700 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 30 June 2024.
Questions about 713, Safeer Tower 1
What did unit 713 last sell for?
AED 606,696 on 1 November 2020, sold by the developer: AED 599 per sqft for 1,011 sqft. It is the only registered sale of the unit.
What is the rent for unit 713?
AED 93,000 a year on the contract signed on 30 June 2024. The previous contract, from January 2024, was AED 114,000; the unit has been rented since October 2018.
How big is unit 713?
1,011 sqft (93.9 sqm): a one-bedroom apartment on the 7th floor of a 15-storey tower completed in 2017.
What is unit 713 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 713, Safeer Tower 1
Starts from the last sale price (AED 607K, 1 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 606,696
- Deposit, UAE resident (20%)
- AED 121,339
- Deposit, non-resident (40%)
- AED 242,678
- Monthly over 25 years at 3.7%
- AED 2,482
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →