201, Safeer Tower 2
Sold prices and rental history: sold once, by the developer in November 2020, 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 201, Safeer Tower 2
What is 201 worth today?
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Source: Dubai Land Department. Updated 22 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 878 sqft
- Floor
- 2nd of 15
- Parking
- B2-93
- Developer
- Alseeb Real Estate Development
- Completed
- 2017
- Service charge
- AED 14,800 /yr
- Last sold
- AED 527K · November 2020
- Building
- Safeer Tower 2
About 201, Safeer Tower 2
201 is a one-bedroom apartment of 878 sqft on the 2nd 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 9 November 2020 for AED 526,806, 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 2019 on 4 Ejari contracts. The current contract, signed on 22 January 2024, is AED 108,000 a year: a gross yield of 20.5% on the 2020 price, before the service charge of about AED 14,800 a year.
Sales and rents for 201 over time
201 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 201 sits
All 54 1-beds →201 last sold in November 2020 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. 201's AED 108,000 is at the top 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 2nd floor
All 178 units in Safeer Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 202 | Studio | 480 sqft | AED 818KAED 817,740 · Feb 2016February 2016 | 55,000 /yr | |
| 203 | Studio | 477 sqft | AED 816KAED 816,463 · Dec 2015December 2015 | 52,500 /yr | |
| 204 | Studio | 480 sqft | AED 814KAED 813,544 · Oct 2015October 2015 | 55,000 /yr | |
| 205 | Studio | 480 sqft | AED 814KAED 813,544 · Dec 2015December 2015 | 57,000 /yr | |
| 206 | Studio | 466 sqft | AED 739KAED 739,278 · Jul 2015July 2015 | 40,000 /yr | |
| 207 | Studio | 485 sqft | AED 640KAED 640,000 · Mar 2024March 2024 | 41,000 /yr | |
| 208 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 108,000 /yr | |
| 209 | 1-bed | 878 sqft | AED 527KAED 526,872 · Nov 2020November 2020 | 85,000 /yr | |
| 210 | Studio | 480 sqft | AED 818KAED 817,740 · Feb 2016February 2016 | 54,000 /yr | |
| 211 | Studio | 477 sqft | AED 628KAED 627,500 · Aug 2025August 2025 | 40,500 /yr | |
| 212 | Studio | 480 sqft | AED 430KAED 430,000 · Mar 2023March 2023 | 47,000 /yr | |
| 213 | Studio | 480 sqft | AED 660KAED 660,000 · Aug 2024August 2024 | 44,424 /yr | |
| 214 | Studio | 471 sqft | AED 700KAED 700,000 · Sep 2026September 2026 | 48,000 /yr | |
| 215 | Studio | 484 sqft | AED 824KAED 824,126 · Nov 2016November 2016 | 59,400 /yr | |
| 216 | 1-bed | 1,029 sqft | AED 617KAED 617,226 · Nov 2020November 2020 | 105,000 /yr |
201, Safeer Tower 2 in numbers
- Sold once: by Alseeb Real Estate Development on 9 November 2020 for AED 526,806, or AED 599 per sqft.
- Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 65,000 to AED 43,000 in 2020 and recovered to AED 108,000 by January 2024.
- At AED 108,000 a year the gross yield on the 2020 price is 20.5%, before a service charge of about AED 14,800 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 22 January 2024.
Questions about 201, Safeer Tower 2
What did unit 201 last sell for?
AED 526,806 on 9 November 2020, sold by the developer: AED 599 per sqft for 878 sqft. It is the only registered sale of the unit.
What is the rent for unit 201?
AED 108,000 a year on the contract signed on 22 January 2024. The previous contract, from November 2021, was AED 47,000; the unit has been rented since February 2019.
How big is unit 201?
878 sqft (81.6 sqm): a one-bedroom apartment on the 2nd floor of a 15-storey tower completed in 2017.
What is unit 201 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 201, Safeer Tower 2
Starts from the last sale price (AED 527K, 9 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 526,806
- Deposit, UAE resident (20%)
- AED 105,361
- Deposit, non-resident (40%)
- AED 210,722
- Monthly over 25 years at 3.7%
- AED 2,155
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →