1204, Safeer Tower 2
Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1204, Safeer Tower 2
What is 1204 worth today?
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Source: Dubai Land Department. Updated 17 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,618 sqft
- Floor
- 12th of 15
- Parking
- B2-79
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 27,300 /yr
- Last sold
- AED 1.62M · March 2025
- Building
- Safeer Tower 2
About 1204, Safeer Tower 2
1204 is a two-bedroom apartment of 1,618 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 17 March 2025 for AED 1,615,000, or AED 998 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 19 June 2022, is AED 87,000 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 27,300 a year.
Sales and rents for 1204 over time
1204 has sold twice; 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 1204 sits
All 20 2-beds →1204's AED 87,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 17 Nov 202217 November 2022 | 1,618 sqft | 990,000 | 611 | ||
| 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 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 | |
| 1202 | 1-bed | 936 sqft | AED 920KAED 920,000 · Dec 2024December 2024 | 60,500 /yr | |
| 1203 | 1-bed | 915 sqft | AED 1.39MAED 1,391,200 · Aug 2015August 2015 | 80,000 /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 |
1204, Safeer Tower 2 in numbers
- Sold twice: first on 2 July 2015 for AED 2,250,645, last on 17 March 2025 for AED 1,615,000 (AED 998 per sqft).
- Rented since May 2018 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2020 and recovered to AED 87,000 by June 2022.
- At AED 87,000 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 27,300 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 17 March 2025.
Questions about 1204, Safeer Tower 2
What did unit 1204 last sell for?
AED 1,615,000 on 17 March 2025: AED 998 per sqft for 1,618 sqft. The unit has 2 registered sales; the first was AED 2,250,645 in July 2015.
What is the rent for unit 1204?
AED 87,000 a year on the contract signed on 19 June 2022. The previous contract, from August 2021, was AED 91,200; the unit has been rented since May 2018.
How big is unit 1204?
1,618 sqft (150.3 sqm): a two-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1204 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 1204, Safeer Tower 2
Starts from the last sale price (AED 1.62M, 17 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,615,000
- Deposit, UAE resident (20%)
- AED 323,000
- Deposit, non-resident (40%)
- AED 646,000
- Monthly over 25 years at 3.7%
- AED 6,607
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →