107, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in January 2016, 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 107, Safeer Tower 2
What is 107 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 1st of 15
- Parking
- B2-44
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 8,000 /yr
- Last sold
- AED 824K · January 2016
- Building
- Safeer Tower 2
About 107, Safeer Tower 2
107 is a studio of 476 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 3 January 2016 for AED 824,126, or AED 1,730 per sqft, 4% below the AED 1,794 studios in the building were fetching at the time.
It has been rented continuously since 2018 on 11 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 68,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 8,000 a year.
Sales and rents for 107 over time
107 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 107 sits
All 102 studios →107 last sold in January 2016 at AED 1,730 per sqft, 4% below what studios in Safeer Tower 2 were fetching at the time (AED 1,794). 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. 107's AED 68,000 is in the upper 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 | |
| 103 | Studio | 483 sqft | AED 500KAED 500,000 · Feb 2023February 2023 | 60,000 /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 | |
| 108 | 1-bed | 929 sqft | AED 558KAED 557,676 · Nov 2020November 2020 | 45,000 /yr |
107, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 3 January 2016 for AED 824,126, or AED 1,730 per sqft.
- Rented since May 2018 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2020 and recovered to AED 68,000 by October 2026.
- At AED 68,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 8,000 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 1 October 2026.
Questions about 107, Safeer Tower 2
What did unit 107 last sell for?
AED 824,126 on 3 January 2016, sold by the developer: AED 1,730 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 107?
AED 68,000 a year on the contract renewed on 1 October 2026. The previous contract, from August 2026, was AED 71,400; the unit has been rented since May 2018.
How big is unit 107?
476 sqft (44.2 sqm): a studio on the 1st floor of a 15-storey tower completed in 2017.
What is unit 107 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 107, Safeer Tower 2
Starts from the last sale price (AED 824K, 3 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 824,126
- Deposit, UAE resident (20%)
- AED 164,825
- Deposit, non-resident (40%)
- AED 329,650
- Monthly over 25 years at 3.7%
- AED 3,372
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →