1-bed · 927 sqftSafeer Tower 2, Business Bay · 11th floor · completed 2017

1103, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1103 · DLD and Ejari recordsUpdated 9 February 2025
Last soldAED 1.39M24 August 2015
Current rentAED 75K /yr9 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1103, Safeer Tower 2

What is 1103 worth today?

Last sold for AED 1,391,200 in 2015

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9 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
9 Feb 2025RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft
1 Jan 2023RentedNew contract
AED 55,200/yr12 months · AED 60 per sqft
1 Jan 2022RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft
1 Jan 2021RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
5 Dec 2019RentedRenewal
AED 58,000/yr12 months · AED 63 per sqft
5 Dec 2018RentedNew contract
AED 65,000/yr12 months · AED 70 per sqft
5 Nov 2017RentedNew contract
AED 75,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 9 February 2025.

Key facts

Type
1-bed apartment
Size
927 sqft
Floor
11th of 15
Parking
B1-57
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 15,600 /yr
Last sold
AED 1.39M · August 2015

About 1103, Safeer Tower 2

1103 is a one-bedroom apartment of 927 sqft on the 11th 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 24 August 2015 for AED 1,391,200, or AED 1,520 per sqft, in line with the AED 1,517 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 9 February 2025, is AED 75,000 a year: a gross yield of 5.4% on the 2015 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1103 over time

Sales
Unit 1103, each saleTypical one-bed in Safeer Tower 2
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,391,200; 2016 AED 1,391,200; 2017 AED 1,265,793; 2018 AED 971,903; 2020 AED 617,226; 2024 AED 920,000; 2025 AED 1,010,000Sold by developer, August 2015: AED 1,391,200 (AED 1,520 per sqft)

1103 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1103, each contractTypical one-bed in Safeer Tower 2
40K60K80K2017202020232026Typical rent by year: 2018 AED 70,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,850; 2024 AED 70,000; 2025 AED 66,924; 2026 AED 68,000New contract, November 2017: AED 75,000 a yearNew contract, December 2018: AED 65,000 a yearRenewal, December 2019: AED 58,000 a yearNew contract, January 2021: AED 45,000 a yearNew contract, January 2022: AED 48,000 a yearNew contract, January 2023: AED 55,200 a yearNew contract, February 2025: AED 75,000 a yearNew contract, February 2025: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Safeer Tower 2, and where 1103 sits

All 54 1-beds →

1103 last sold in August 2015 at AED 1,520 per sqft, in line with what one-beds in Safeer Tower 2 were fetching at the time (AED 1,517). Over the last 12 months one-beds sold for AED 950,000 to 1,200,000, around AED 1,095 per sqft, and rent for AED 57,960 to 96,000 a year. 1103's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 May 20261,200,000
19 Nov 2025950,000
22 Jul 20251,300,000
15 May 2025900,000
2 1-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 11th floor

All 178 units in Safeer Tower 2
Value
11012-bedAED 1.93M · Aug 2015
11021-bedAED 1.42M · Nov 2015
11042-bedAED 990K · Nov 2022
11052-bedAED 1.58M · Nov 2017
11061-bedAED 972K · Oct 2018
11071-bedAED 950K · Nov 2025
11082-bedAED 2.11M · Aug 2015

1103, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 24 August 2015 for AED 1,391,200, or AED 1,520 per sqft.
  • Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 75,000 by February 2025.
  • At AED 75,000 a year the gross yield on the 2015 price is 5.4%, before a service charge of about AED 15,600 a year (AED 16.87 per sqft).
  • One-beds in Safeer Tower 2 sold for AED 950,000–1,200,000 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 February 2025.

Questions about 1103, Safeer Tower 2

What did unit 1103 last sell for?

AED 1,391,200 on 24 August 2015, sold by the developer: AED 1,520 per sqft for 927 sqft. It is the only registered sale of the unit.

What is the rent for unit 1103?

AED 75,000 a year on the contract signed on 9 February 2025. The previous contract, from February 2025, was AED 75,000; the unit has been rented since November 2017.

How big is unit 1103?

927 sqft (86.1 sqm): a one-bedroom apartment on the 11th floor of a 15-storey tower completed in 2017.

What is unit 1103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Safeer Tower 2 sold for AED 950,000 to 1,200,000 in the last 12 months, around AED 1,095 per sqft.

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Mortgage on 1103, Safeer Tower 2

Starts from the last sale price (AED 1.39M, 24 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,391,200
Deposit, UAE resident (20%)
AED 278,240
Deposit, non-resident (40%)
AED 556,480
Monthly over 25 years at 3.7%
AED 5,692

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