104, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, Safeer Tower 2
What is 104 worth today?
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Source: Dubai Land Department. Updated 9 January 2022.
Key facts
- Type
- Studio apartment
- Size
- 480 sqft
- Floor
- 1st of 15
- Parking
- B2-41
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,100 /yr
- Last sold
- AED 764K · August 2015
- Building
- Safeer Tower 2
About 104, Safeer Tower 2
104 is a studio of 480 sqft on the 1st 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 4 August 2015 for AED 763,544, or AED 1,591 per sqft, 11% below the AED 1,785 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 9 January 2022, is AED 32,000 a year: a gross yield of 4.2% on the 2015 price, before the service charge of about AED 8,100 a year.
Sales and rents for 104 over time
104 has sold once; 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 104 sits
All 102 studios →104 last sold in August 2015 at AED 1,591 per sqft, 11% below what studios in Safeer Tower 2 were fetching at the time (AED 1,785). 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. 104's AED 32,000 is at the bottom 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 | |
| 103 | Studio | 483 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 60,000 /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 |
104, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 4 August 2015 for AED 763,544, or AED 1,591 per sqft.
- Rented since December 2018 on 4 Ejari contracts, from AED 44,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2015 price is 4.2%, 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 9 January 2022.
Questions about 104, Safeer Tower 2
What did unit 104 last sell for?
AED 763,544 on 4 August 2015, sold by the developer: AED 1,591 per sqft for 480 sqft. It is the only registered sale of the unit.
What is the rent for unit 104?
AED 32,000 a year on the contract renewed on 9 January 2022. The previous contract, from January 2021, was AED 30,000; the unit has been rented since December 2018.
How big is unit 104?
480 sqft (44.6 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.
What is unit 104 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 104, Safeer Tower 2
Starts from the last sale price (AED 764K, 4 August 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 763,544
- Deposit, UAE resident (20%)
- AED 152,709
- Deposit, non-resident (40%)
- AED 305,418
- Monthly over 25 years at 3.7%
- AED 3,124
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →