803, Safeer Tower 1
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Safeer Tower 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 5 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,501 sqft
- Floor
- 8th of 15
- Parking
- B2 - 066
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 29,300 /yr
- Last sold
- AED 1.99M · August 2017
- Building
- Safeer Tower 1
About 803, Safeer Tower 1
803 is a two-bedroom apartment of 1,501 sqft on the 8th 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 1,992,429, or AED 1,327 per sqft, in line with the AED 1,327 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 August 2025, is AED 110,000 a year: a gross yield of 5.5% on the 2017 price, before the service charge of about AED 29,300 a year.
Sales and rents for 803 over time
803 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Safeer Tower 1, and where 803 sits
All 28 2-beds →803 last sold in August 2017 at AED 1,327 per sqft, in line with what two-beds in Safeer Tower 1 were fetching at the time (AED 1,327). Over the last 12 months two-beds sold for AED 1,600,000 to 1,650,000, around AED 1,055 per sqft, and rent for AED 91,400 to 180,000 a year. 803's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Oct 202614 October 2026 | 1,580 sqft | 1,650,000 | 1,044 | ||
| 25 Feb 202625 February 2026 | 1,501 sqft | 1,600,000 | 1,066 | ||
| 11 Aug 202511 August 2025 | 1,501 sqft | 1,500,000 | 999 | ||
| 11 Jul 202511 July 2025 | 1,583 sqft | 1,460,000 | 922 |
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 8th floor
All 170 units in Safeer Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 961 sqft | AED 1.39MAED 1,392,899 · Aug 2017August 2017 | 78,000 /yr | |
| 802 | 1-bed | 857 sqft | AED 1.28MAED 1,282,553 · Aug 2017August 2017 | 71,400 /yr | |
| 804 | 2-bed | 1,580 sqft | AED 1.9MAED 1,900,000 · Jul 2017July 2017 | 115,000 /yr | |
| 805 | 2-bed | 1,583 sqft | AED 1.46MAED 1,460,000 · Jul 2025July 2025 | 95,000 /yr | |
| 806 | 2-bed | 1,501 sqft | AED 1.32MAED 1,320,000 · Sep 2023September 2023 | 105,000 /yr | |
| 807 | 1-bed | 852 sqft | AED 790KAED 790,000 · Jun 2020June 2020 | 80,000 /yr | |
| 808 | 1-bed | 960 sqft | AED 1.35MAED 1,347,230 · Aug 2017August 2017 | 69,878 /yr |
803, Safeer Tower 1 in numbers
- Sold once: by Alseeb Real Estate Development on 10 August 2017 for AED 1,992,429, or AED 1,327 per sqft.
- Rented since March 2017 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 60,000 in 2020 and recovered to AED 110,000 by August 2025.
- At AED 110,000 a year the gross yield on the 2017 price is 5.5%, before a service charge of about AED 29,300 a year (AED 19.53 per sqft).
- Two-beds in Safeer Tower 1 sold for AED 1,600,000–1,650,000 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 5 August 2025.
Questions about 803, Safeer Tower 1
What did unit 803 last sell for?
AED 1,992,429 on 10 August 2017, sold by the developer: AED 1,327 per sqft for 1,501 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 110,000 a year on the contract renewed on 5 August 2025. The previous contract, from August 2024, was AED 100,000; the unit has been rented since March 2017.
How big is unit 803?
1,501 sqft (139.4 sqm): a two-bedroom apartment on the 8th floor of a 15-storey tower completed in 2017.
What is unit 803 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safeer Tower 1 sold for AED 1,600,000 to 1,650,000 in the last 12 months, around AED 1,055 per sqft.
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Mortgage on 803, Safeer Tower 1
Starts from the last sale price (AED 1.99M, 10 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,992,429
- Deposit, UAE resident (20%)
- AED 398,486
- Deposit, non-resident (40%)
- AED 796,972
- Monthly over 25 years at 3.7%
- AED 8,152
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →