103, Safeer Tower 2
Sold prices and rental history: sold twice, last in February 2023, 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 103, Safeer Tower 2
What is 103 worth today?
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Source: Dubai Land Department. Updated 28 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 483 sqft
- Floor
- 1st of 15
- Parking
- B2-40
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 500K · February 2023
- Building
- Safeer Tower 2
About 103, Safeer Tower 2
103 is a studio of 483 sqft on the 1st floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 27 February 2023 for AED 500,000, or AED 1,035 per sqft, in line with the AED 1,021 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 28 July 2025, is AED 60,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 8,100 a year.
Sales and rents for 103 over time
103 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Safeer Tower 2, and where 103 sits
All 102 studios →103 last sold in February 2023 at AED 1,035 per sqft, in line with what studios in Safeer Tower 2 were fetching at the time (AED 1,021). Over the last 12 months studios sold for AED 615,000 to 750,000, around AED 1,550 per sqft, and rent for AED 40,000 to 96,000 a year. 103's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 471 sqft | 700,000 | 1,486 | ||
| 3 Jul 20263 July 2026 | 483 sqft | 660,000 | 1,367 | ||
| 11 Jun 202611 June 2026 | 483 sqft | 662,700 | 1,372 | ||
| 5 Jun 20265 June 2026 | 484 sqft | 615,000 | 1,271 |
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 1st floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 820 sqft | AED 1.14MAED 1,141,974 · Mar 2016March 2016 | 65,000 /yr | |
| 102 | Studio | 242 sqft | AED 768KAED 767,740 · Jun 2015June 2015 | 58,000 /yr | |
| 104 | Studio | 480 sqft | AED 764KAED 763,544 · Aug 2015August 2015 | 32,000 /yr | |
| 105 | Studio | 480 sqft | AED 764KAED 763,544 · Dec 2015December 2015 | 57,500 /yr | |
| 106 | Studio | 478 sqft | AED 650KAED 650,000 · Feb 2025February 2025 | 65,000 /yr | |
| 107 | Studio | 476 sqft | AED 824KAED 824,126 · Jan 2016January 2016 | 68,000 /yr | |
| 108 | 1-bed | 929 sqft | AED 558KAED 557,676 · Nov 2020November 2020 | 45,000 /yr |
103, Safeer Tower 2 in numbers
- Sold twice: first on 14 July 2015 for AED 766,463, last on 27 February 2023 for AED 500,000 (AED 1,035 per sqft).
- Rented since November 2019 on 5 Ejari contracts, from AED 38,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 8,100 a year (AED 16.87 per sqft).
- Studios in Safeer Tower 2 sold for AED 615,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,486 per sqft.
Source: Dubai Land Department. Updated 28 July 2025.
Questions about 103, Safeer Tower 2
What did unit 103 last sell for?
AED 500,000 on 27 February 2023: AED 1,035 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 766,463 in July 2015.
What is the rent for unit 103?
AED 60,000 a year on the contract signed on 28 July 2025. The previous contract, from April 2024, was AED 44,000; the unit has been rented since November 2019.
How big is unit 103?
483 sqft (44.9 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.
What is unit 103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Safeer Tower 2 sold for AED 615,000 to 750,000 in the last 12 months, around AED 1,550 per sqft.
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Mortgage on 103, Safeer Tower 2
Starts from the last sale price (AED 500K, 27 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →