2-bed · 1,501 sqftSafeer Tower 1, Business Bay · 9th floor · completed 2017

903, Safeer Tower 1

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 25 February 2025
Last soldAED 1.99M10 August 2017
Current rentAED 115K /yr25 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Safeer Tower 1

What is 903 worth today?

Last sold for AED 1,992,429 in 2017

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25 Feb 2025RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
25 Feb 2025RentedRenewal
AED 115,000/yr12 months · AED 77 per sqft
10 Aug 2017Sold by developerReady
AED 1,992,429AED 1,327 per sqft

Source: Dubai Land Department. Updated 25 February 2025.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
9th of 15
Parking
B2 - 062
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 29,300 /yr
Last sold
AED 1.99M · August 2017

About 903, Safeer Tower 1

903 is a two-bedroom apartment of 1,501 sqft on the 9th floor of Safeer Tower 1, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. The developer sold it on 10 August 2017 for AED 1,992,429, or AED 1,327 per sqft, in line with the AED 1,327 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 115,000 a year: a gross yield of 5.8% on the 2017 price, before the service charge of about AED 29,300 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical two-bed in Safeer Tower 1
1.5M2M2015201820212024Typical sale price by year: 2015 AED 2,061,134; 2017 AED 2,061,134; 2023 AED 1,220,000; 2024 AED 1,500,000; 2025 AED 1,500,000Sold by developer, August 2017: AED 1,992,429 (AED 1,327 per sqft)

903 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 903, each contractTypical two-bed in Safeer Tower 1
75K100K2017202020232026Typical rent by year: 2017 AED 105,000; 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 67,000; 2022 AED 75,000; 2023 AED 89,250; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000Renewal, February 2025: AED 115,000 a yearRenewal, February 2025: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Safeer Tower 1, and where 903 sits

All 28 2-beds →

903 last sold in August 2017 at AED 1,327 per sqft, in line with what two-beds in Safeer Tower 1 were fetching at the time (AED 1,327). Over the last 12 months two-beds sold for AED 1,600,000 to 1,650,000, around AED 1,055 per sqft, and rent for AED 91,400 to 180,000 a year. 903's AED 115,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20261,650,000
25 Feb 20261,600,000
11 Aug 20251,500,000
11 Jul 20251,460,000
2 2-bed sales in the last 12 months

Safeer Tower 1

Building

170 apartments, studios to 2-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 12 sold in the last 12 months.

Typical price per sqft
AED 1,359 Up 16.6%
Typical sale
AED 703K
Typical rent
AED 64K /yr
Typical yield
8.3%
Safeer Tower 1, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 170 units in Safeer Tower 1
Value
9011-bedAED 1.47M · Mar 2015
9021-bedAED 1.05M · Jul 2026
9042-bedAED 2.17M · Feb 2016
9052-bedAED 1.81M · Aug 2017
9062-bedAED 1.08M · Mar 2023
9071-bedAED 1.24M · Aug 2017
9081-bedAED 1.35M · Aug 2017

903, Safeer Tower 1 in numbers

  • Sold once: by Alseeb Real Estate Development on 10 August 2017 for AED 1,992,429, or AED 1,327 per sqft.
  • Rented since February 2025 on 2 Ejari contracts, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2017 price is 5.8%, before a service charge of about AED 29,300 a year (AED 19.53 per sqft).
  • Two-beds in Safeer Tower 1 sold for AED 1,600,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,359 per sqft.

Source: Dubai Land Department. Updated 25 February 2025.

Questions about 903, Safeer Tower 1

What did unit 903 last sell for?

AED 1,992,429 on 10 August 2017, sold by the developer: AED 1,327 per sqft for 1,501 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 115,000 a year on the contract renewed on 25 February 2025. The previous contract, from February 2025, was AED 115,000.

How big is unit 903?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 9th floor of a 15-storey tower completed in 2017.

What is unit 903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safeer Tower 1 sold for AED 1,600,000 to 1,650,000 in the last 12 months, around AED 1,055 per sqft.

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Mortgage on 903, Safeer Tower 1

Starts from the last sale price (AED 1.99M, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,992,429
Deposit, UAE resident (20%)
AED 398,486
Deposit, non-resident (40%)
AED 796,972
Monthly over 25 years at 3.7%
AED 8,152

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →