Unit 1202, Safeer Tower 1: what it sold for and what it is worth now

Unit 1202 at Safeer Tower 1 is a 1 bed of 857 sq ft. It last sold for AED 910,000 on 25 Sep 2023. At AED 1,431 per sq ft, from 4 sales of units ending 02 (same position in the tower), it is worth about AED 1,226,000 today.

Value todayAED 1,226,000AED 1,038,000 to AED 1,413,000
Last saleAED 910,00025 Sep 2023 · Resale
Change since last sale+34.7%Building trend alone: AED 1,243,668
Rent (median asking, 1 bed)AED 79,000Gross yield 6.4%
Bedrooms1 bed
Size857 sq ft
Floor12 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingSafeer Tower 1 by Al Seeb Real Estate Development, handed over 2017
Registered sales of this unit1

Every registered sale of unit 1202

DatePriceSizeAED/sq ftType
25 Sep 2023AED 910,000857 sq ft1,062Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
90224 Jul 2026AED 1,050,000857 sq ft1,225Resale
4022 Oct 2025AED 699,000427 sq ft1,637Resale
60223 Jul 2025AED 720,000427 sq ft1,686Resale
90217 Feb 2025AED 1,000,000857 sq ft1,167Resale
60231 Jul 2024AED 600,000427 sq ft1,405Resale
30217 Jul 2024AED 665,000427 sq ft1,557Resale
15022 Jul 2024AED 4,200,0004,956 sq ft847Resale
50227 May 2024AED 665,000427 sq ft1,557Resale

Latest 1 bed sales in Safeer Tower 1

UnitDatePriceSizeAED/sq ftType
90224 Jul 2026AED 1,050,000857 sq ft1,225Resale
120129 Jun 2026AED 1,060,000961 sq ft1,103Resale
11089 Mar 2026AED 1,177,292960 sq ft1,226Resale
60527 Nov 2025AED 1,080,0001,011 sq ft1,068Resale
21716 May 2025AED 963,000961 sq ft1,002Resale
90217 Feb 2025AED 1,000,000857 sq ft1,167Resale
61722 Jan 2025AED 940,000961 sq ft978Resale
130119 Dec 2024AED 920,000961 sq ft957Resale

How we worked out the value

We took the 4 resale sales of units ending 02 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,431). We multiplied it by the size of this unit (857 sq ft). The range uses the middle half of those sales (AED 1,211 to AED 1,649 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,243,668. Floor, view, condition and upgrades can move the price either way. Sales data to 14 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1202 at Safeer Tower 1 worth?

About AED 1,226,000 (range AED 1,038,000 to AED 1,413,000), based on AED 1,431 per sq ft from registered sales up to 14 Oct 2026.

When did unit 1202 last sell?

25 Sep 2023, for AED 910,000 (resale). It has 1 registered sale.

What rent can unit 1202 make?

A 1 bed in Safeer Tower 1 rents for about AED 79,000 a year (median asking rent). That is a gross yield of 6.4% on the estimate.

Sales alert for Safeer Tower 1All sales in Safeer Tower 1

Unit 1201 · Unit 1203