2-bed · 1,580 sqftSafeer Tower 1, Business Bay · 8th floor · completed 2017

804, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 1.9M2 July 2017
Current rentAED 115K /yr23 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Safeer Tower 1

What is 804 worth today?

Last sold for AED 1,900,000 in 2017

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23 Jan 2026RentedRenewal
AED 115,000/yr12 months · AED 73 per sqft
21 Jan 2025RentedRenewal
AED 114,385/yr12 months · AED 73 per sqft
21 Jan 2025RentedRenewal
AED 114,385/yr12 months · AED 73 per sqft
23 Jan 2024RentedRenewal
AED 105,000/yr12 months · AED 67 per sqft
23 Jan 2023RentedNew contract
AED 105,000/yr12 months · AED 66 per sqft
2 Jul 2017Sold by developerReady
AED 1,900,000AED 1,202 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
2-bed apartment
Size
1,580 sqft
Floor
8th of 15
Parking
B2 - 065
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 30,900 /yr
Last sold
AED 1.9M · July 2017

About 804, Safeer Tower 1

804 is a two-bedroom apartment of 1,580 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 2 July 2017 for AED 1,900,000, or AED 1,202 per sqft, in line with the AED 1,202 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 115,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 30,900 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical two-bed in Safeer Tower 1
1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,061,134; 2017 AED 2,061,134; 2023 AED 1,220,000; 2024 AED 1,500,000; 2025 AED 1,500,000Sold by developer, July 2017: AED 1,900,000 (AED 1,202 per sqft)

804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 804, each contractTypical two-bed in Safeer Tower 1
75K100K2017202020232026Typical rent by year: 2017 AED 105,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 67,000; 2022 AED 75,000; 2023 AED 89,250; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, January 2023: AED 105,000 a yearRenewal, January 2024: AED 105,000 a yearRenewal, January 2025: AED 114,385 a yearRenewal, January 2025: AED 114,385 a yearRenewal, January 2026: AED 115,000 a year

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 804 sits

All 28 2-beds →

804 last sold in July 2017 at AED 1,202 per sqft, in line with what two-beds in Safeer Tower 1 were fetching at the time (AED 1,202). 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. 804's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,650,000
25 Feb 20261,600,000
11 Aug 20251,500,000
11 Jul 20251,460,000
2 2-bed 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 8th floor

All 170 units in Safeer Tower 1
Value
8011-bedAED 1.39M · Aug 2017
8021-bedAED 1.28M · Aug 2017
8032-bedAED 1.99M · Aug 2017
8052-bedAED 1.46M · Jul 2025
8062-bedAED 1.32M · Sep 2023
8071-bedAED 790K · Jun 2020
8081-bedAED 1.35M · Aug 2017

804, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 2 July 2017 for AED 1,900,000, or AED 1,202 per sqft.
  • Rented since January 2023 on 5 Ejari contracts, from AED 105,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 30,900 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 23 January 2026.

Questions about 804, Safeer Tower 1

What did unit 804 last sell for?

AED 1,900,000 on 2 July 2017, sold by the developer: AED 1,202 per sqft for 1,580 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 115,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 114,385; the unit has been rented since January 2023.

How big is unit 804?

1,580 sqft (146.8 sqm): a two-bedroom apartment on the 8th floor of a 15-storey tower completed in 2017.

What is unit 804 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 804, Safeer Tower 1

Starts from the last sale price (AED 1.9M, 2 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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