
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.
Property timeline for 1103, Safeer Tower 2
What is 1103 worth today?
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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
- Building
- Safeer Tower 2
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
1103 has sold once; the dashed line is the one-bed median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 May 202611 May 2026 | 1,029 sqft | 1,200,000 | 1,166 | ||
| 19 Nov 202519 November 2025 | 928 sqft | 950,000 | 1,023 | ||
| 22 Jul 202522 July 2025 | 878 sqft | 1,300,000 | 1,480 | ||
| 15 May 202515 May 2025 | 878 sqft | 900,000 | 1,025 |
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 11th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,467 sqft | AED 1.93MAED 1,926,308 · Aug 2015August 2015 | 115,000 /yr | |
| 1102 | 1-bed | 936 sqft | AED 1.42MAED 1,415,905 · Nov 2015November 2015 | 96,000 /yr | |
| 1104 | 2-bed | 1,618 sqft | AED 990KAED 990,000 · Nov 2022November 2022 | 45,000 /yr | |
| 1105 | 2-bed | 1,467 sqft | AED 1.58MAED 1,583,593 · Nov 2017November 2017 | ||
| 1106 | 1-bed | 935 sqft | AED 972KAED 971,903 · Oct 2018October 2018 | 63,756 /yr | |
| 1107 | 1-bed | 928 sqft | AED 950KAED 950,000 · Nov 2025November 2025 | 66,924 /yr | |
| 1108 | 2-bed | 1,617 sqft | AED 2.11MAED 2,113,998 · Aug 2015August 2015 | 96,800 /yr |
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 →