1405, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1405, Safeer Tower 2
What is 1405 worth today?
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Source: Dubai Land Department. Updated 30 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,467 sqft
- Floor
- 14th of 15
- Parking
- B1-69
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 24,700 /yr
- Last sold
- AED 1.6M · December 2017
- Building
- Safeer Tower 2
About 1405, Safeer Tower 2
1405 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. The developer sold it on 20 December 2017 for AED 1,600,000, or AED 1,090 per sqft, in line with the AED 1,090 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 30 August 2026, is AED 95,000 a year: a gross yield of 5.9% on the 2017 price, before the service charge of about AED 24,700 a year.
Sales and rents for 1405 over time
1405 has sold once; 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 1405 sits
All 20 2-beds →1405 last sold in December 2017 at AED 1,090 per sqft, in line with what two-beds in Safeer Tower 2 were fetching at the time (AED 1,090). 1405's AED 95,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 1,618 sqft | 1,615,000 | 998 | ||
| 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 |
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 14th floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,467 sqft | AED 1.15MAED 1,150,000 · Jan 2023January 2023 | ||
| 1402 | 1-bed | 936 sqft | AED 1.42MAED 1,415,905 · Mar 2016March 2016 | 58,000 /yr | |
| 1403 | 1-bed | 927 sqft | AED 1.32MAED 1,321,640 · Jul 2016July 2016 | 71,500 /yr | |
| 1404 | 2-bed | 1,618 sqft | AED 971KAED 970,626 · Mar 2021March 2021 | 144,000 /yr | |
| 1406 | 1-bed | 935 sqft | AED 972KAED 971,903 · Oct 2018October 2018 | 66,413 /yr | |
| 1407 | 1-bed | 928 sqft | AED 974KAED 974,467 · Oct 2018October 2018 | 69,575 /yr | |
| 1408 | 2-bed | 1,617 sqft | AED 970KAED 970,044 · Mar 2021March 2021 | 75,000 /yr |
1405, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 20 December 2017 for AED 1,600,000, or AED 1,090 per sqft.
- Rented since January 2019 on 7 Ejari contracts, from AED 85,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2017 price is 5.9%, before a service charge of about AED 24,700 a year (AED 16.87 per sqft).
Source: Dubai Land Department. Updated 30 August 2026.
Questions about 1405, Safeer Tower 2
What did unit 1405 last sell for?
AED 1,600,000 on 20 December 2017, sold by the developer: AED 1,090 per sqft for 1,467 sqft. It is the only registered sale of the unit.
What is the rent for unit 1405?
AED 95,000 a year on the contract signed on 30 August 2026. The previous contract, from March 2025, was AED 120,000; the unit has been rented since January 2019.
How big is unit 1405?
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 1405 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 1405, Safeer Tower 2
Starts from the last sale price (AED 1.6M, 20 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →