2-bed · 1,617 sqftSafeer Tower 2, Business Bay · 10th floor · completed 2017

1008, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 13 October 2025
Last soldAED 2.11M9 July 2015
Current rentAED 120K /yr13 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Safeer Tower 2

What is 1008 worth today?

Last sold for AED 2,113,998 in 2015

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13 Oct 2025RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
30 Jun 2023RentedNew contract
AED 120,000/yr12 months · AED 74 per sqft
31 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
15 Oct 2020RentedRenewal
AED 65,000/yr12 months · AED 40 per sqft
15 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
16 Apr 2019RentedNew contract
AED 90,000/yr12 months · AED 56 per sqft
13 Feb 2018RentedNew contract
AED 105,000/yr12 months · AED 65 per sqft
9 Jul 2015Sold by developerOff-plan
AED 2,113,998AED 1,307 per sqft

Source: Dubai Land Department. Updated 13 October 2025.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
10th of 15
Parking
B2-84
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 27,300 /yr
Last sold
AED 2.11M · July 2015

About 1008, Safeer Tower 2

1008 is a two-bedroom apartment of 1,617 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 9 July 2015 for AED 2,113,998, or AED 1,307 per sqft, in line with the AED 1,307 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, signed on 13 October 2025, is AED 120,000 a year: a gross yield of 5.7% on the 2015 price, before the service charge of about AED 27,300 a year.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical two-bed in Safeer Tower 2
1M2M2015201720192021Typical sale price by year: 2015 AED 2,113,998; 2017 AED 1,600,000; 2021 AED 970,044Sold by developer, July 2015: AED 2,113,998 (AED 1,307 per sqft)

1008 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1008, each contractTypical two-bed in Safeer Tower 2
75K100K125K201820212024Typical rent by year: 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 80,000; 2023 AED 115,000; 2024 AED 110,000; 2025 AED 96,800New contract, February 2018: AED 105,000 a yearNew contract, April 2019: AED 90,000 a yearNew contract, October 2019: AED 75,000 a yearRenewal, October 2020: AED 65,000 a yearNew contract, March 2022: AED 75,000 a yearNew contract, June 2023: AED 120,000 a yearNew contract, October 2025: AED 120,000 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 2, and where 1008 sits

All 20 2-beds →

1008 last sold in July 2015 at AED 1,307 per sqft, in line with what two-beds in Safeer Tower 2 were fetching at the time (AED 1,307). 1008's AED 120,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20251,615,000
28 May 20241,500,000
9 Jan 20231,150,000
17 Nov 2022990,000
0 2-bed sales in the last 12 months

Safeer Tower 2

Building

178 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%
Safeer Tower 2, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 178 units in Safeer Tower 2
Value
10012-bedAED 1.5M · May 2024
10021-bedAED 1.42M · Jun 2015
10031-bedAED 1.39M · Jun 2015
10042-bedAED 971K · Nov 2020
10052-bedAED 1.69M · Dec 2017
10061-bedAED 972K · Oct 2018
10071-bedAED 965K · Oct 2018

1008, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 9 July 2015 for AED 2,113,998, or AED 1,307 per sqft.
  • Rented since February 2018 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 65,000 in 2020 and recovered to AED 120,000 by October 2025.
  • At AED 120,000 a year the gross yield on the 2015 price is 5.7%, before a service charge of about AED 27,300 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 13 October 2025.

Questions about 1008, Safeer Tower 2

What did unit 1008 last sell for?

AED 2,113,998 on 9 July 2015, sold by the developer: AED 1,307 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 1008?

AED 120,000 a year on the contract signed on 13 October 2025. The previous contract, from June 2023, was AED 120,000; the unit has been rented since February 2018.

How big is unit 1008?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 10th floor of a 15-storey tower completed in 2017.

What is unit 1008 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 1008, Safeer Tower 2

Starts from the last sale price (AED 2.11M, 9 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,113,998
Deposit, UAE resident (20%)
AED 422,800
Deposit, non-resident (40%)
AED 845,599
Monthly over 25 years at 3.7%
AED 8,649

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