Unit 416, Safeer Tower 1: what it sold for and what it is worth now

Unit 416 at Safeer Tower 1 is a studio of 427 sq ft. It last sold for AED 630,000 on 24 Sep 2024. At AED 1,438 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 614,000 today.

Value todayAED 614,000AED 602,000 to AED 625,000
Last saleAED 630,00024 Sep 2024 · Resale
Change since last sale-2.5%Building trend alone: AED 745,069
Rent (median asking, studio)AED 55,000Gross yield 9.0%
Bedroomsstudio
Size427 sq ft
Floor4 (from the unit number)
Position in the towerStack 16: units ending 16 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 416

DatePriceSizeAED/sq ftType
24 Sep 2024AED 630,000427 sq ft1,475Resale

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21627 Sep 2021AED 430,000427 sq ft1,007Resale

Latest studio sales in Safeer Tower 1

UnitDatePriceSizeAED/sq ftType
70623 Jun 2026AED 640,000457 sq ft1,400Resale
4082 Apr 2026AED 600,000455 sq ft1,319Resale
71030 Mar 2026AED 665,000457 sq ft1,455Resale
2039 Jan 2026AED 655,000445 sq ft1,472Resale
50325 Dec 2025AED 640,000445 sq ft1,438Resale
60318 Dec 2025AED 740,000445 sq ft1,663Resale
51113 Nov 2025AED 655,000462 sq ft1,418Resale
5109 Oct 2025AED 650,000457 sq ft1,422Resale

How we worked out the value

We took the 7 sales in Safeer Tower 1 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,438). We multiplied it by the size of this unit (427 sq ft). The range uses the middle half of those sales (AED 1,409 to AED 1,464 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 745,069. 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 416 at Safeer Tower 1 worth?

About AED 614,000 (range AED 602,000 to AED 625,000), based on AED 1,438 per sq ft from registered sales up to 14 Oct 2026.

When did unit 416 last sell?

24 Sep 2024, for AED 630,000 (resale). It has 1 registered sale.

What rent can unit 416 make?

A studio in Safeer Tower 1 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

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

Unit 413 · Unit 501