1004, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in November 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1004, Safeer Tower 2
What is 1004 worth today?
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Source: Dubai Land Department. Updated 24 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,618 sqft
- Floor
- 10th of 15
- Parking
- B2-87
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 27,300 /yr
- Last sold
- AED 971K · November 2020
- Building
- Safeer Tower 2
About 1004, Safeer Tower 2
1004 is a two-bedroom apartment of 1,618 sqft on the 10th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. The developer sold it on 26 November 2020 for AED 970,626, or AED 600 per sqft.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 24 September 2025, is AED 161,000 a year: a gross yield of 16.6% on the 2020 price, before the service charge of about AED 27,300 a year.
Sales and rents for 1004 over time
1004 has sold once; the dashed line is the two-bed median of each year in the building.
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 2, and where 1004 sits
All 20 2-beds →1004's AED 161,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 1,618 sqft | 1,615,000 | 998 | ||
| 28 May 202428 May 2024 | 1,467 sqft | 1,500,000 | 1,022 | ||
| 9 Jan 20239 January 2023 | 1,467 sqft | 1,150,000 | 784 | ||
| 17 Nov 202217 November 2022 | 1,618 sqft | 990,000 | 611 |
Safeer Tower 2
Building178 apartments, studios to 4-bed over 15 floors in Business Bay, completed in 2017 by Alseeb Real Estate Development. 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,486 Up 13.1%
- Typical sale
- AED 750K
- Typical rent
- AED 56K /yr
- Typical yield
- 6.7%
Other units on the 10th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,467 sqft | AED 1.5MAED 1,500,000 · May 2024May 2024 | 95,000 /yr | |
| 1002 | 1-bed | 936 sqft | AED 1.42MAED 1,415,905 · Jun 2015June 2015 | 57,960 /yr | |
| 1003 | 1-bed | 927 sqft | AED 1.39MAED 1,391,200 · Jun 2015June 2015 | 63,360 /yr | |
| 1005 | 2-bed | 1,467 sqft | AED 1.69MAED 1,690,000 · Dec 2017December 2017 | ||
| 1006 | 1-bed | 935 sqft | AED 972KAED 971,903 · Oct 2018October 2018 | 68,000 /yr | |
| 1007 | 1-bed | 928 sqft | AED 965KAED 965,186 · Oct 2018October 2018 | 72,000 /yr | |
| 1008 | 2-bed | 1,617 sqft | AED 2.11MAED 2,113,998 · Jul 2015July 2015 | 120,000 /yr |
1004, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 26 November 2020 for AED 970,626, or AED 600 per sqft.
- Rented since March 2019 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2020 and recovered to AED 161,000 by September 2025.
- At AED 161,000 a year the gross yield on the 2020 price is 16.6%, before a service charge of about AED 27,300 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 24 September 2025.
Questions about 1004, Safeer Tower 2
What did unit 1004 last sell for?
AED 970,626 on 26 November 2020, sold by the developer: AED 600 per sqft for 1,618 sqft. It is the only registered sale of the unit.
What is the rent for unit 1004?
AED 161,000 a year on the contract renewed on 24 September 2025. The previous contract, from September 2023, was AED 132,000; the unit has been rented since March 2019.
How big is unit 1004?
1,618 sqft (150.3 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2017.
What is unit 1004 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1004, Safeer Tower 2
Starts from the last sale price (AED 971K, 26 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 970,626
- Deposit, UAE resident (20%)
- AED 194,125
- Deposit, non-resident (40%)
- AED 388,250
- Monthly over 25 years at 3.7%
- AED 3,971
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →