
1406, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in October 2018, 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 1406, Safeer Tower 2
What is 1406 worth today?
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Source: Dubai Land Department. Updated 25 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 935 sqft
- Floor
- 14th of 15
- Parking
- B1-83
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 15,800 /yr
- Last sold
- AED 972K · October 2018
- Building
- Safeer Tower 2
About 1406, Safeer Tower 2
1406 is a one-bedroom apartment of 935 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 14 October 2018 for AED 971,903, or AED 1,039 per sqft, in line with the AED 1,043 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 25 April 2026, is AED 66,413 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 15,800 a year.
Sales and rents for 1406 over time
1406 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 1406 sits
All 54 1-beds →1406 last sold in October 2018 at AED 1,039 per sqft, in line with what one-beds in Safeer Tower 2 were fetching at the time (AED 1,043). 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. 1406's AED 66,413 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 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 | |
| 1405 | 2-bed | 1,467 sqft | AED 1.6MAED 1,600,000 · Dec 2017December 2017 | 95,000 /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 |
1406, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 971,903, or AED 1,039 per sqft.
- Rented since April 2019 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 46,000 in 2021 and recovered to AED 66,413 by April 2026.
- At AED 66,413 a year the gross yield on the 2018 price is 6.8%, 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 April 2026.
Questions about 1406, Safeer Tower 2
What did unit 1406 last sell for?
AED 971,903 on 14 October 2018, sold by the developer: AED 1,039 per sqft for 935 sqft. It is the only registered sale of the unit.
What is the rent for unit 1406?
AED 66,413 a year on the contract renewed on 25 April 2026. The previous contract, from April 2025, was AED 66,413; the unit has been rented since April 2019.
How big is unit 1406?
935 sqft (86.9 sqm): a one-bedroom apartment on the 14th floor of a 15-storey tower completed in 2017.
What is unit 1406 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 1406, Safeer Tower 2
Starts from the last sale price (AED 972K, 14 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 971,903
- Deposit, UAE resident (20%)
- AED 194,381
- Deposit, non-resident (40%)
- AED 388,761
- Monthly over 25 years at 3.7%
- AED 3,976
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →