1206, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in March 2021, 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 1206, Safeer Tower 2
What is 1206 worth today?
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Source: Dubai Land Department. Updated 25 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 935 sqft
- Floor
- 12th of 15
- Parking
- B1-72
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 15,800 /yr
- Last sold
- AED 561K · March 2021
- Building
- Safeer Tower 2
About 1206, Safeer Tower 2
1206 is a one-bedroom apartment of 935 sqft on the 12th 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 7 March 2021 for AED 560,712, or AED 599 per sqft, in line with the AED 600 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 March 2025, is AED 60,000 a year: a gross yield of 10.7% on the 2021 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1206 over time
1206 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 1206 sits
All 54 1-beds →1206 last sold in March 2021 at AED 599 per sqft, in line with what one-beds in Safeer Tower 2 were fetching at the time (AED 600). 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. 1206's AED 60,000 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 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 | |
| 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 | |
| 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 |
1206, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 7 March 2021 for AED 560,712, or AED 599 per sqft.
- Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2021 and recovered to AED 60,000 by March 2025.
- At AED 60,000 a year the gross yield on the 2021 price is 10.7%, 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 25 March 2025.
Questions about 1206, Safeer Tower 2
What did unit 1206 last sell for?
AED 560,712 on 7 March 2021, sold by the developer: AED 599 per sqft for 935 sqft. It is the only registered sale of the unit.
What is the rent for unit 1206?
AED 60,000 a year on the contract signed on 25 March 2025. The previous contract, from May 2024, was AED 90,000; the unit has been rented since July 2018.
How big is unit 1206?
935 sqft (86.9 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2017.
What is unit 1206 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 1206, Safeer Tower 2
Starts from the last sale price (AED 561K, 7 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 560,712
- Deposit, UAE resident (20%)
- AED 112,142
- Deposit, non-resident (40%)
- AED 224,285
- Monthly over 25 years at 3.7%
- AED 2,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →