1202, Safeer Tower 2
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1202, Safeer Tower 2
What is 1202 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 936 sqft
- Floor
- 12th of 15
- Parking
- B1-60
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 15,800 /yr
- Last sold
- AED 920K · December 2024
- Building
- Safeer Tower 2
About 1202, Safeer Tower 2
1202 is a one-bedroom apartment of 936 sqft on the 12th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 18 December 2024 for AED 920,000, or AED 983 per sqft, 4% below the AED 1,024 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 18 April 2025, is AED 60,500 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1202 over time
1202 has sold twice; 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 1202 sits
All 54 1-beds →1202 last sold in December 2024 at AED 983 per sqft, 4% below what one-beds in Safeer Tower 2 were fetching at the time (AED 1,024). 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. 1202's AED 60,500 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 12th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,467 sqft | AED 1.66MAED 1,655,000 · May 2018May 2018 | 115,000 /yr | |
| 1203 | 1-bed | 915 sqft | AED 1.39MAED 1,391,200 · Aug 2015August 2015 | 80,000 /yr | |
| 1204 | 2-bed | 1,618 sqft | AED 1.62MAED 1,615,000 · Mar 2025March 2025 | 87,000 /yr | |
| 1205 | 2-bed | 1,467 sqft | AED 880KAED 880,146 · Mar 2021March 2021 | 75,000 /yr | |
| 1206 | 1-bed | 935 sqft | AED 561KAED 560,712 · Mar 2021March 2021 | 60,000 /yr | |
| 1207 | 1-bed | 915 sqft | AED 1.36MAED 1,356,420 · Jul 2015July 2015 | 65,000 /yr | |
| 1208 | 2-bed | 1,617 sqft | AED 970KAED 970,044 · Mar 2021March 2021 | 65,000 /yr |
1202, Safeer Tower 2 in numbers
- Sold twice: first on 9 July 2015 for AED 1,380,507, last on 18 December 2024 for AED 920,000 (AED 983 per sqft).
- Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 46,154 in 2022 and recovered to AED 60,500 by April 2025.
- At AED 60,500 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 15,800 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 18 April 2025.
Questions about 1202, Safeer Tower 2
What did unit 1202 last sell for?
AED 920,000 on 18 December 2024: AED 983 per sqft for 936 sqft. The unit has 2 registered sales; the first was AED 1,380,507 in July 2015.
What is the rent for unit 1202?
AED 60,500 a year on the contract signed on 18 April 2025. The previous contract, from April 2025, was AED 60,500; the unit has been rented since February 2020.
How big is unit 1202?
936 sqft (87.0 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1202 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.
Selling 1202? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1202, Safeer Tower 2
Starts from the last sale price (AED 920K, 18 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 920,000
- Deposit, UAE resident (20%)
- AED 184,000
- Deposit, non-resident (40%)
- AED 368,000
- Monthly over 25 years at 3.7%
- AED 3,764
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →