2-bed · 1,467 sqftSafeer Tower 2, Business Bay · 14th floor · completed 2017

1401, Safeer Tower 2

Sold prices and rental history: sold twice, last in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 9 January 2023
Last soldAED 1.15M9 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Safeer Tower 2

What is 1401 worth today?

Last sold for AED 1,150,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jan 2023SoldReady
AED 1,150,000AED 784 per sqft
5 Mar 2018Sold by developerReady
AED 1,540,000AED 1,049 per sqft

Source: Dubai Land Department. Updated 9 January 2023.

Key facts

Type
2-bed apartment
Size
1,467 sqft
Floor
14th of 15
Parking
B1-67
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 24,700 /yr
Last sold
AED 1.15M · January 2023

About 1401, Safeer Tower 2

1401 is a two-bedroom apartment of 1,467 sqft on the 14th floor of Safeer Tower 2, a 15-storey tower in Business Bay completed in 2017 by Alseeb Real Estate Development. It last sold on 9 January 2023 for AED 1,150,000, or AED 784 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Safeer Tower 2
1M2M201520182021Typical sale price by year: 2015 AED 2,113,998; 2017 AED 1,600,000; 2021 AED 970,044Sold by developer, March 2018: AED 1,540,000 (AED 1,049 per sqft)Sold, January 2023: AED 1,150,000 (AED 784 per sqft)

1401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Safeer Tower 2
75K100K20182020202220242026Typical 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 96,800

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 1401 sits

All 20 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20251,615,000
28 May 20241,500,000
17 Nov 2022990,000
8 Mar 2021880,146
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 14th floor

All 178 units in Safeer Tower 2
Value
14021-bedAED 1.42M · Mar 2016
14031-bedAED 1.32M · Jul 2016
14042-bedAED 971K · Mar 2021
14052-bedAED 1.6M · Dec 2017
14061-bedAED 972K · Oct 2018
14071-bedAED 974K · Oct 2018
14082-bedAED 970K · Mar 2021

1401, Safeer Tower 2 in numbers

  • Sold twice: first on 5 March 2018 for AED 1,540,000, last on 9 January 2023 for AED 1,150,000 (AED 784 per sqft).

Source: Dubai Land Department. Updated 9 January 2023.

Questions about 1401, Safeer Tower 2

What did unit 1401 last sell for?

AED 1,150,000 on 9 January 2023: AED 784 per sqft for 1,467 sqft. The unit has 2 registered sales; the first was AED 1,540,000 in March 2018.

How big is unit 1401?

1,467 sqft (136.3 sqm): a two-bedroom apartment on the 14th floor of a 15-storey tower completed in 2017.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 1401? 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.

How OpenOffers works

Mortgage on 1401, Safeer Tower 2

Starts from the last sale price (AED 1.15M, 9 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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