Unit 507, Safeer Tower 1: what it sold for and what it is worth now

Unit 507 at Safeer Tower 1 is a studio of 462 sq ft. It last sold for AED 510,000 on 18 Jul 2023. At AED 1,438 per sq ft, from 7 sales in the building in the last 12 months (studio), it is worth about AED 664,000 today.

Value todayAED 664,000AED 651,000 to AED 676,000
Last saleAED 510,00018 Jul 2023 · Resale
Change since last sale+30.2%Building trend alone: AED 716,908
Rent (median asking, studio)AED 55,000Gross yield 8.3%
Bedroomsstudio
Size462 sq ft
Floor5 (from the unit number)
Position in the towerStack 07: units ending 07 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 507

DatePriceSizeAED/sq ftType
18 Jul 2023AED 510,000462 sq ft1,104Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12072 May 2024AED 950,000852 sq ft1,115Resale
130730 Jun 2022AED 680,000852 sq ft798Resale
11071 Nov 2020AED 511,308852 sq ft600Resale
8072 Jun 2020AED 790,000852 sq ft927Resale
80712 May 2020AED 475,000852 sq ft558Resale

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 (462 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 716,908. 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 507 at Safeer Tower 1 worth?

About AED 664,000 (range AED 651,000 to AED 676,000), based on AED 1,438 per sq ft from registered sales up to 14 Oct 2026.

When did unit 507 last sell?

18 Jul 2023, for AED 510,000 (resale). It has 1 registered sale.

What rent can unit 507 make?

A studio in Safeer Tower 1 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

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

Unit 506 · Unit 510