1-bed · 928 sqftSafeer Tower 2, Business Bay · 14th floor · completed 2017

1407, Safeer Tower 2

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 974K14 October 2018
Current rentAED 70K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Safeer Tower 2

What is 1407 worth today?

Last sold for AED 974,467 in 2018

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2 Sep 2026RentedRenewal
AED 69,575/yr12 months · AED 75 per sqft
2 Sep 2025RentedRenewal
AED 69,575/yr12 months · AED 75 per sqft
2 Sep 2024RentedRenewal
AED 69,575/yr12 months · AED 75 per sqft
2 Sep 2023RentedNew contract
AED 63,250/yr12 months · AED 68 per sqft
2 Sep 2022RentedRenewal
AED 57,500/yr12 months · AED 62 per sqft
2 Sep 2021RentedRenewal
AED 50,000/yr12 months · AED 54 per sqft
2 Sep 2020RentedRenewal
AED 50,000/yr12 months · AED 54 per sqft
14 Oct 2018Sold by developerReady
AED 974,467AED 1,049 per sqft

Source: Dubai Land Department. Updated 2 September 2026.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
14th of 15
Parking
B1-82
Developer
Alseeb Real Estate Development
Completed
2017
Service charge
AED 15,700 /yr
Last sold
AED 974K · October 2018

About 1407, Safeer Tower 2

1407 is a one-bedroom apartment of 928 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 974,467, or AED 1,049 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 2018 on 8 Ejari contracts. The current contract, renewed on 2 September 2026, is AED 69,575 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical one-bed in Safeer Tower 2
500K1M1.5M2015201820212024Typical sale price by year: 2015 AED 1,391,200; 2016 AED 1,391,200; 2017 AED 1,265,793; 2018 AED 971,903; 2020 AED 617,226; 2024 AED 920,000; 2025 AED 1,010,000Sold by developer, October 2018: AED 974,467 (AED 1,049 per sqft)

1407 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1407, each contractTypical one-bed in Safeer Tower 2
60K2018202120242027Typical rent by year: 2018 AED 70,000; 2019 AED 60,000; 2020 AED 52,000; 2021 AED 45,000; 2022 AED 52,500; 2023 AED 62,850; 2024 AED 70,000; 2025 AED 66,924; 2026 AED 68,000New contract, September 2018: AED 60,000 a yearRenewal, September 2020: AED 50,000 a yearRenewal, September 2021: AED 50,000 a yearRenewal, September 2022: AED 57,500 a yearNew contract, September 2023: AED 63,250 a yearRenewal, September 2024: AED 69,575 a yearRenewal, September 2025: AED 69,575 a yearRenewal, September 2026: AED 69,575 a year

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 1407 sits

All 54 1-beds →

1407 last sold in October 2018 at AED 1,049 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. 1407's AED 69,575 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 May 20261,200,000
19 Nov 2025950,000
22 Jul 20251,300,000
15 May 2025900,000
2 1-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
14012-bedAED 1.15M · Jan 2023
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
14082-bedAED 970K · Mar 2021

1407, Safeer Tower 2 in numbers

  • Sold once: by Alseeb Real Estate Development on 14 October 2018 for AED 974,467, or AED 1,049 per sqft.
  • Rented since September 2018 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2021 and recovered to AED 69,575 by September 2026.
  • At AED 69,575 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 15,700 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 2 September 2026.

Questions about 1407, Safeer Tower 2

What did unit 1407 last sell for?

AED 974,467 on 14 October 2018, sold by the developer: AED 1,049 per sqft for 928 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 69,575 a year on the contract renewed on 2 September 2026. The previous contract, from September 2025, was AED 69,575; the unit has been rented since September 2018.

How big is unit 1407?

928 sqft (86.2 sqm): a one-bedroom apartment on the 14th floor of a 15-storey tower completed in 2017.

What is unit 1407 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 1407, Safeer Tower 2

Starts from the last sale price (AED 974K, 14 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 974,467
Deposit, UAE resident (20%)
AED 194,893
Deposit, non-resident (40%)
AED 389,787
Monthly over 25 years at 3.7%
AED 3,987

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