Unit 1204, Safeer Tower 1: what it sold for and what it is worth now

Unit 1204 at Safeer Tower 1 is a 2 bed of 1,580 sq ft. It last sold for AED 1,730,000 on 5 Jul 2024. At AED 1,291 per sq ft, from 4 sales of units ending 04 (same position in the tower), it is worth about AED 2,040,000 today.

Value todayAED 2,040,000AED 1,607,000 to AED 2,431,000
Last saleAED 1,730,0005 Jul 2024 · Resale
Change since last sale+17.9%Building trend alone: AED 2,045,983
Rent (median asking, 2 bed)AED 114,500Gross yield 5.6%
Bedrooms2 bed
Size1,580 sq ft
Floor12 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingSafeer Tower 1 by Al Seeb Real Estate Development, handed over 2017
Registered sales of this unit2

Every registered sale of unit 1204

DatePriceSizeAED/sq ftType
5 Jul 2024AED 1,730,0001,580 sq ft1,095Resale
15 Mar 2023AED 1,165,2121,580 sq ft737Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130414 Oct 2026AED 1,650,0001,580 sq ft1,044Resale
5043 Sep 2025AED 660,000429 sq ft1,538Resale
30415 Jul 2025AED 660,000429 sq ft1,538Resale
110419 Dec 2024AED 1,477,4791,580 sq ft935Resale
70410 Oct 2024AED 600,000429 sq ft1,399Resale
2046 Dec 2023AED 570,000429 sq ft1,329Resale
110427 Nov 2023AED 1,350,0001,580 sq ft854Resale
14045 Nov 2020AED 948,2761,580 sq ft600Resale

Latest 2 bed sales in Safeer Tower 1

UnitDatePriceSizeAED/sq ftType
130414 Oct 2026AED 1,650,0001,580 sq ft1,044Resale
110625 Feb 2026AED 1,600,0001,501 sq ft1,066Resale
130611 Aug 2025AED 1,500,0001,501 sq ft999Resale
80511 Jul 2025AED 1,460,0001,583 sq ft922Resale
130316 Jun 2025AED 1,480,0001,501 sq ft986Resale
120623 May 2025AED 1,600,0001,501 sq ft1,066Resale
12036 Mar 2025AED 1,575,0001,501 sq ft1,049Resale
110419 Dec 2024AED 1,477,4791,580 sq ft935Resale

How we worked out the value

We took the 4 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,291). We multiplied it by the size of this unit (1,580 sq ft). The range uses the middle half of those sales (AED 1,017 to AED 1,538 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 2,045,983. 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 1204 at Safeer Tower 1 worth?

About AED 2,040,000 (range AED 1,607,000 to AED 2,431,000), based on AED 1,291 per sq ft from registered sales up to 14 Oct 2026.

When did unit 1204 last sell?

5 Jul 2024, for AED 1,730,000 (resale). It has 2 registered sales.

What rent can unit 1204 make?

A 2 bed in Safeer Tower 1 rents for about AED 114,500 a year (median asking rent). That is a gross yield of 5.6% on the estimate.

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

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