2-bed · 1,617 sqftSafeer Tower 2, Business Bay · 11th floor · completed 2017

1108, 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 1108 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 2.11M24 August 2015
Current rentAED 97K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Safeer Tower 2

What is 1108 worth today?

Last sold for AED 2,113,998 in 2015

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10 Jun 2026RentedRenewal
AED 96,800/yr12 months · AED 60 per sqft
10 Jun 2025RentedRenewal
AED 96,800/yr12 months · AED 60 per sqft
10 Jun 2025RentedRenewal
AED 96,800/yr12 months · AED 60 per sqft
10 Jun 2024RentedRenewal
AED 88,000/yr12 months · AED 54 per sqft
10 Jun 2023RentedRenewal
AED 88,000/yr12 months · AED 54 per sqft
10 Jun 2022RentedNew contract
AED 80,000/yr12 months · AED 49 per sqft
16 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 37 per sqft
16 Apr 2019RentedNew contract
AED 80,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
2-bed apartment
Size
1,617 sqft
Floor
11th of 15
Parking
B2-80
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 27,300 /yr
Last sold
AED 2.11M · August 2015

About 1108, Safeer Tower 2

1108 is a two-bedroom apartment of 1,617 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 2,113,998, or AED 1,307 per sqft, in line with the AED 1,307 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 96,800 a year: a gross yield of 4.6% on the 2015 price, before the service charge of about AED 27,300 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical two-bed in Safeer Tower 2
1M2M2015201720192021Typical sale price by year: 2015 AED 2,113,998; 2017 AED 1,600,000; 2021 AED 970,044Sold by developer, August 2015: AED 2,113,998 (AED 1,307 per sqft)

1108 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, each contractTypical two-bed in Safeer Tower 2
75K100K2017202020232026Typical rent by year: 2018 AED 100,000; 2019 AED 85,000; 2020 AED 65,000; 2021 AED 65,000; 2022 AED 80,000; 2023 AED 115,000; 2024 AED 110,000; 2025 AED 96,800New contract, December 2017: AED 88,995 a yearNew contract, April 2019: AED 80,000 a yearNew contract, December 2020: AED 60,000 a yearNew contract, June 2022: AED 80,000 a yearRenewal, June 2023: AED 88,000 a yearRenewal, June 2024: AED 88,000 a yearRenewal, June 2025: AED 96,800 a yearRenewal, June 2025: AED 96,800 a yearRenewal, June 2026: AED 96,800 a year

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 1108 sits

All 20 2-beds →

1108 last sold in August 2015 at AED 1,307 per sqft, in line with what two-beds in Safeer Tower 2 were fetching at the time (AED 1,307). 1108's AED 96,800 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20251,615,000
28 May 20241,500,000
9 Jan 20231,150,000
17 Nov 2022990,000
0 2-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
11031-bedAED 1.39M · Aug 2015
11042-bedAED 990K · Nov 2022
11052-bedAED 1.58M · Nov 2017
11061-bedAED 972K · Oct 2018
11071-bedAED 950K · Nov 2025

1108, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 24 August 2015 for AED 2,113,998, or AED 1,307 per sqft.
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 88,995 to AED 60,000 in 2020 and recovered to AED 96,800 by June 2026.
  • At AED 96,800 a year the gross yield on the 2015 price is 4.6%, before a service charge of about AED 27,300 a year (AED 16.87 per sqft).

Source: Dubai Land Department. Updated 10 June 2026.

Questions about 1108, Safeer Tower 2

What did unit 1108 last sell for?

AED 2,113,998 on 24 August 2015, sold by the developer: AED 1,307 per sqft for 1,617 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 96,800 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 96,800; the unit has been rented since December 2017.

How big is unit 1108?

1,617 sqft (150.2 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2017.

What is unit 1108 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 1108, Safeer Tower 2

Starts from the last sale price (AED 2.11M, 24 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,113,998
Deposit, UAE resident (20%)
AED 422,800
Deposit, non-resident (40%)
AED 845,599
Monthly over 25 years at 3.7%
AED 8,649

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