Unit 502, Safeer Tower 1: what it sold for and what it is worth now

Unit 502 at Safeer Tower 1 is a studio of 427 sq ft. It last sold for AED 665,000 on 27 May 2024. At AED 1,431 per sq ft, from 4 sales of units ending 02 (same position in the tower), it is worth about AED 611,000 today.

Value todayAED 611,000AED 517,000 to AED 704,000
Last saleAED 665,00027 May 2024 · Resale
Change since last sale-8.1%Building trend alone: AED 692,509
Rent (median asking, studio)AED 55,000Gross yield 9.0%
Bedroomsstudio
Size427 sq ft
Floor5 (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 502

DatePriceSizeAED/sq ftType
27 May 2024AED 665,000427 sq ft1,557Resale

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
2024 Jan 2024AED 558,000427 sq ft1,307Resale

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 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 (427 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 692,509. 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 502 at Safeer Tower 1 worth?

About AED 611,000 (range AED 517,000 to AED 704,000), based on AED 1,431 per sq ft from registered sales up to 14 Oct 2026.

When did unit 502 last sell?

27 May 2024, for AED 665,000 (resale). It has 1 registered sale.

What rent can unit 502 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 501 · Unit 503