1104, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in November 2022, 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 1104, Safeer Tower 2
What is 1104 worth today?
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Source: Dubai Land Department. Updated 17 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,618 sqft
- Floor
- 11th of 15
- Parking
- B2-82
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 27,300 /yr
- Last sold
- AED 990K · November 2022
- Building
- Safeer Tower 2
About 1104, Safeer Tower 2
1104 is a two-bedroom apartment of 1,618 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 17 November 2022 for AED 990,000, or AED 611 per sqft.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 45,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 27,300 a year.
Sales and rents for 1104 over time
1104 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Safeer Tower 2, and where 1104 sits
All 20 2-beds →1104's AED 45,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 1,618 sqft | 1,615,000 | 998 | ||
| 28 May 202428 May 2024 | 1,467 sqft | 1,500,000 | 1,022 | ||
| 9 Jan 20239 January 2023 | 1,467 sqft | 1,150,000 | 784 | ||
| 8 Mar 20218 March 2021 | 1,467 sqft | 880,146 | 600 |
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 | |
| 1103 | 1-bed | 927 sqft | AED 1.39MAED 1,391,200 · Aug 2015August 2015 | 75,000 /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 |
1104, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 17 November 2022 for AED 990,000, or AED 611 per sqft.
- Rented since May 2019 on 4 Ejari contracts, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 27,300 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 17 November 2022.
Questions about 1104, Safeer Tower 2
What did unit 1104 last sell for?
AED 990,000 on 17 November 2022, sold by the developer: AED 611 per sqft for 1,618 sqft. It is the only registered sale of the unit.
What is the rent for unit 1104?
AED 45,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 45,000; the unit has been rented since May 2019.
How big is unit 1104?
1,618 sqft (150.3 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2017.
What is unit 1104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1104, Safeer Tower 2
Starts from the last sale price (AED 990K, 17 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 990,000
- Deposit, UAE resident (20%)
- AED 198,000
- Deposit, non-resident (40%)
- AED 396,000
- Monthly over 25 years at 3.7%
- AED 4,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →